MUNICH, Oct. 31, 2024 /PRNewswire/ — Nagarro, a leader in digital engineering, today announced a global partnership with Marubeni Corporation, one of Japan’s largest general trading companies. This collaboration aims to support Marubeni’s subsidiary companies and other Japanese corporations in transforming their businesses through Nagarro’s digital engineering expertise and unique Fluidic Enterprise offerings.

After months of discussions, Nagarro and Marubeni today concluded a Memorandum of Understanding, commencing a phase in which the model for the strategic partnership will be further explored and refined, with an initial go-to-market focus on the United States.

Noritaka Wakuda, Nagarro’s leader in Japan, said, “Nagarro and Marubeni will jointly identify digital-first opportunities at potential clients and seek to deploy the latest technology to elevate their responsiveness, efficiency, client- and employee-intimacy, creativity, and sustainability.”

Manas Human, Co-Founder of Nagarro, said, “Nagarro is privileged to have Marubeni as a key partner.  By bringing together the Marubeni Spirit and Nagarro’s CARING values, we believe we are uniquely positioned to deliver business value to our clients.”

As digital transformation technologies evolve rapidly, it is challenging for enterprises to adopt them to drive business success swiftly. With over two decades of global delivery experience, Nagarro exemplifies how agility and a global mindset can enhance operational efficiency and address gaps in firms facing the pressures and opportunities of technological advancements such as Big Data, AI, and cloud computing.

Marubeni recognizes the challenges required to navigate global delivery and embraces a collaborative approach that fosters responsiveness in meeting domestic and global customer demands. Consequently, the partnership between Nagarro and Marubeni to address the needs of two of the world’s largest IT services markets is a natural and strategic fit.

About Marubeni

Marubeni Corporation and its consolidated subsidiaries leverage extensive business networks both domestically and internationally to engage in a diverse array of activities, including importing and exporting, domestic business, and third-country trading. Their operations span various sectors, including lifestyle, IT solutions, food, agribusiness, forest products, chemicals, metals and mineral resources, energy, power, infrastructure projects, aerospace and shipping, finance, leasing and real estate, construction, industrial machinery and mobility, as well as next-generation business and corporate development.

Guided by the principles of ‘Fairness, Innovation, and Harmony,’ Marubeni is dedicated to social and economic development and the protection of the global environment through responsible corporate activities.

For more information, visit www.marubeni.com.

About Nagarro

Nagarro helps clients transform into fluid, innovative, digital-first companies, enabling them to succeed in their markets. The company is distinguished by its entrepreneurial spirit, agility, and global perspective, along with its CARING mindset and Fluidic Enterprise vision. Nagarro employs over 18,300 people in 37 countries. For more details, please visit www.nagarro.com.

FRA: NA9 (SDAX/TecDAX, ISIN DE000A3H2200, WKN A3H220)

For inquiries, please contact press@nagarro.com.

Photo: https://mma.prnewswire.com/media/2545657/Nagarro_Marubeni.jpg

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Fee relief to benefit brokers who accept stablecoins as funding for retail accounts, as well as other Taker clients on CROSSx Crypto ECN

LONDON, Oct. 31, 2024 /PRNewswire/ — Crossover Markets, a digital asset trading technology firm focused on meeting the unique liquidity requirements of institutions in the cryptocurrency markets and operator of the CROSSx crypto ECN, today announced that it will waive all commissions for Taker clients trading two popular stablecoin pairs, USDT/USD and USDC/USD, starting tomorrow, November 1, 2024. The announcement follows surging demand from retail brokers for CROSSx, the first and fastest ECN in the cryptocurrency markets.

“Retail brokers and industry participants without direct market access have faced significant fee pressure on their treasury trades to support stablecoins, with spreads and fees charged by payments providers and exchanges sometimes calculated in whole percentage points,” said Brandon Mulvihill, Co-Founder and CEO of Crossover Markets. “Spreads across a range of pairs on our CROSSx crypto ECN are arguably the best in the world for retail trading, including for USDT/USD and USDC/USD. To further support our retail broker clients, we felt it best to eradicate commissions on the funding element for Taker participants.“

Crossover’s mission is to drive down the cost of trading digital assets by focusing on speed, throughput and tailored liquidity via its ECN model. This approach has successfully supported spread compression on the CROSSx crypto ECN, which currently matches 99% of trades in under 10 microseconds and processes billions of quotes per day from liquidity providers.

Mulvihill added, “In addition to tight pricing, CROSSx also addresses the need for advanced best execution practices. Crossover looks at price, size, time and several behavioral characteristics of each market maker and re-ranks every market maker on each trade, in real time. These innovations foster a fairer and more competitive environment.”

About Crossover Markets

Crossover Markets is a digital asset trading technology firm focused on meeting the unique liquidity requirements of institutions in the cryptocurrency markets. CROSSx, the company’s execution-only cryptocurrency Electronic Communication Network (ECN), is powered by the industry’s fastest and most advanced matching engine and includes order logic that enables clients to choose with whom they want to trade. Led by a team with decades of FX trading, prime brokerage technology and artificial intelligence experience, Crossover is ushering the next big wave of institutions in the crypto market. For more information, visit www.crossovermarkets.com.

Media Contact
Forefront Communications for Crossover
crossover@forefrontcomms.com
+44 (0) 7375 288 641

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SOURCE Crossover Markets

Earnings Call Scheduled for 7:00 A.M. U.S. ET on November 20, 2024 

GUIYANG, China, Oct. 31, 2024 /PRNewswire/ — Full Truck Alliance Co. Ltd. (“FTA” or the “Company”) (NYSE: YMM), a leading digital freight platform, today announced that it will release its third quarter 2024 unaudited financial results on Wednesday, November 20, 2024, before the open of the U.S. markets.

The Company’s management will hold an earnings conference call at 7:00 A.M. U.S. Eastern Time on November 20, 2024 or 8:00 P.M. Beijing Time to discuss the financial results.

For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below prior to the scheduled call start time.

Participant Online Registration:
https://dpregister.com/sreg/10193772/fdc4c9f64c 

Upon registration, each participant will receive details for the conference call, including dial-in numbers, passcode and a unique access PIN. To join the conference, please dial the provided number, enter the passcode followed by your PIN, and you will join the conference.

A replay of the conference call will be accessible by phone one hour after the conclusion of the live call at the following numbers, until November 27, 2024:

A live and archived webcast of the conference call will also be available on the Company’s investor relations website at ir.fulltruckalliance.com.

About Full Truck Alliance Co. Ltd.

Full Truck Alliance Co. Ltd. (NYSE: YMM) is a leading digital freight platform connecting shippers with truckers to facilitate shipments across distance ranges, cargo weights and types. The Company provides a range of freight matching services, including freight listing, freight brokerage and online transaction services. The Company also provides a range of value-added services that cater to the various needs of shippers and truckers, such as financial institutions, highway authorities, and gas station operators. With a mission to make logistics smarter, the Company is shaping the future of logistics with technology and aspires to revolutionize logistics, improve efficiency across the value chain and reduce its carbon footprint for our planet. For more information, please visit ir.fulltruckalliance.com.

For investor and media inquiries, please contact:

In China:

Full Truck Alliance Co. Ltd.
Mao Mao
E-mail: IR@amh-group.com

Piacente Financial Communications
Hui Fan
Tel: +86-10-6508-0677
E-mail: FTA@thepiacentegroup.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: FTA@thepiacentegroup.com

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SOURCE Full Truck Alliance Co. Ltd.