Technology

DHGATE Group Founder Diane Wang Wins Silver Stevie® Award for Uplifting Women in Business

Published

2 weeks ago

November 13, 2024

The Inner Mountain Foundation, a global community founded by Diane in 2023, also won a Bronze award for non-profit ‘Organization of the Year’.

BEIJING, Nov. 13, 2024 /PRNewswire/ — Founder, Chairperson and CEO of DHGATE Group Diane Wang has won a Silver Stevie® award in the “Women Helping Women in the Government or Non-Profit” category at the 21st annual Stevie Awards for Women in Business. The award recognizes Diane’s many years of advocacy for women through involvement with high-profile government organizations as well as founding the APEC Women Connect and The Inner Mountain Foundation women’s empowerment organizations.

This honor marks the second time this year, the fifth time total and the third year running that Diane has won a Stevie® award. Just a few months ago, Diane had been named a Gold Stevie® “Woman of the Year” at the 21st Stevie® Annual International Business Awards for her efforts in global advocacy, digital inclusion and female empowerment.

Diane has also bagged three Silver Stevie® awards in the past for “Women Helping Women – Business”, the “Best Female Entrepreneur in Business Services” and the “Best Female Entrepreneur in Asia, Australia or New Zealand“.

The Inner Mountain Foundation, a dynamic and young global community founded by Diane, has been honored with a Bronze Stevie® Award for Organization of the Year in the Non-Profit category at the 21st Annual Stevie Awards for Women in Business. This esteemed recognition follows the Foundation’s recent Bronze Stevie® Award at the 21st Annual International Business Awards in the same category, highlighting its rapid rise and impact in the global non-profit sector. Founded to empower individuals and communities, the Inner Mountain Foundation is proud to receive this recognition as it continues to drive positive change and foster community-building on an international scale.

The Inner Mountain Foundation is a global community dedicated to empowering women and like-minded individuals to move beyond limiting beliefs and achieve personal growth. By focusing on individuals and encouraging them to break through personal barriers, the Foundation fosters a ripple effect that inspires those around them—from families and teams to entire organizations—ultimately driving social transformation.

“I am deeply honored to receive this Silver Stevie® award and to see The Inner Mountain Foundation recognized with a Bronze award in our very first year,” said Diane Wang. “Empowering women and equipping them to overcome internal barriers has been a lifelong commitment for me, and launching The Inner Mountain Foundation this year has marked a new chapter in that journey. Through our close-knit community, we’re helping members dismantle self-doubt, discover their inner strengths, and create lasting personal transformation. I look forward to seeing this movement continue to grow, uplifting women around the world as they conquer their own inner mountains.”

The Stevie® Awards have recognized the world’s top business professionals since 2002. Their awards for Women in Business in particular are globally renowned as premier business awards for female entrepreneurs and executives. More than 200 judges from six judging committees assessed over 1,500 nominations from 36 different nations to choose the 2024 Women in Business award finalists based on the quality of their applications and the merit of their portfolios.

Dedication towards women’s success in business leadership

The Inner Mountain Foundation stands out with a unique approach to empowerment and personal growth. First, Inner Mountain offers essential insights, skills, and resources tailored for entrepreneurs in e-commerce and social commerce, addressing a crucial demand in these industries. Additionally, the Foundation combines business challenges with personal development, encouraging individuals to access their most profound and lasting strengths. As a globally-minded community, Inner Mountain brings world-class standards, structure, and expertise, fostering a space where members can achieve both personal and professional transformation on an international scale.

The Foundation takes its name from Diane’s personal ‘Inner Mountain’ philosophy of personal and professional development, which she expands upon in her book The Inner Mountain: Discover Your True Spirit, Strength, and Potential. The book was published on October 15 earlier this year by Forbes Books, the publishing imprint of Forbes business magazine, and is available now on Amazon and in major bookstores including Barnes & Noble and Target.

“The Inner Mountain is more than just a book—it’s an invitation,” Diane Wang said. “First, it’s an invitation to pause, reflect, and embark on your own journey of self-discovery, to find your true self. Second, I invite you to join our community, where we can support one another and achieve more together than we ever could alone. And finally, it’s an invitation to impact those around us; by lifting each other up, we can create a ripple effect that makes the world a better place,” Diane said.

In addition to The Inner Mountain Foundation, Diane has been professionally involved in women’s empowerment advocacy for many years. She is the founder of the international community for women digital entrepreneurs APEC Women Connect (AWC), which has trained over 100,000 female entrepreneurs and MSMEs since 2016. Together with DHgate and now The Inner Mountain Foundation, AWC co-hosts the annual APEC Women Connect “Her Power” Entrepreneurship Competition. Every year, the competition provides thousands of young female e-commerce entrepreneurs and influencers with the training and opportunities they need to upskill in social commerce.

The 5th APEC Women Connect “Her Power” Entrepreneurship Competition is currently ongoing and more information can be found on its community platform.

Diane also actively collaborates with a number of international organizations to advocate for women’s digital inclusion and leadership opportunities. She is a member of the World Trade Organization (WTO) Director-General’s Business Advisory Group, Chair of the APEC Women Leadership Summit, a Chinese National Chapter member of the BRICS Women’s Business Alliance, a member of the APEC Business Advisory Council (ABAC), Co-Chair of the B20 Indonesia Women in Business Action Council, and Chair of 50 Cross-border E-Commerce Leaders in China.

About DHgate

Founded in 2004, DHgate has become the leading B2B cross-border e-commerce marketplace in China, boasting over 34 million live listings annually. Through their global operations and offices, including in the USA and UK, DHgate reaches millions of people with trusted products and services. As of December 31, 2023, DHgate served more than 77 million registered buyers from 225 countries and regions, connecting them to over 2.6 million sellers in China and other countries.

For more information, please visit DHgate.com and follow @DHgate.com.

About The Inner Mountain Foundation

The Inner Mountain Foundation promotes the empowerment of women through education, community, and outreach. We are led by our Founder and Chairperson Diane Wang, who first articulated the principles of Inner Mountain Thinking in her 2024 book, The Inner Mountain. As a global foundation and women’s empowerment community, we invest in impact-making educational resources that we seek to make as broadly accessible as possible. Our goal is to focus the work of the Inner Mountain on the soft skills training that we believe helps equip women to be their greatest, most empowered selves across their most wholly integrated life (connecting the self with work, family, community, and legacy).

For more information, please visit innermountain.org.

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SOURCE DHGATE Group

Technology

Lafaye tte Square Financing Supports NewSpring Holdings Acquisition of C Speed

Published

46 minutes ago

November 26, 2024

MIAMI, Nov. 26, 2024 /PRNewswire/ — Lafayette Square announced today that it has provided debt capital to support the NewSpring Holdings, LLC (“NewSpring”) acquisition of C Speed, LLC (“C Speed”), a leading provider of advanced radar systems and engineering solutions for civilian and military use globally.

Founded in 1996 and headquartered in Liverpool, New York, C Speed manufactures radars, provides surveillance products as well as surveillance-as-a-service offerings through its software defined radio IP, and supports the modernization of legacy ground-based radars. With this acquisition, NewSpring intends to provide C Speed with strategic guidance, greater resources and human capital to meet the advanced needs of the U.S. Government.

“With increasing demand for innovative, cost-effective security and surveillance solutions, C Speed’s expertise in radar systems and technology integration presents a unique investment opportunity,” said Tom Mullin, Director, Lafayette Square. “C Speed understands the value of partnering with government, given its long-standing relationships in the federal services sector. We look forward to partnering with NewSpring to help drive the company’s future growth.”

“We are excited to embark on this next chapter with support from NewSpring and Lafayette Square,” said David Lysack, President & CEO of C Speed. “By partnering with NewSpring and Lafayette Square, we can continue to advance our technology and expand into markets that truly need our solutions.”

“C Speed’s proven expertise in radar systems and solutions is aligned with our strategic growth within the government services sector,” said Lee Garber, General Partner, NewSpring. “With funding from Lafayette Square and a shared commitment to supporting and empowering C Speed’s talented workforce, we are well-positioned to enhance our technological offerings, drive innovation, and broaden our impact across key sectors.”

In addition to financing, Lafayette Square offers its portfolio companies access to Worker Solutions™, a custom-built platform that seeks to measurably improve employee retention, well-being, and productivity by connecting management teams to a curated list of third-party service providers that offer nontraditional benefits for their employees. By delivering these solutions, Lafayette Square aims to reduce operational risk for its portfolio companies, help them attract and retain talent, and improve job quality.

About C Speed, LLC

C Speed is a leading provider of advanced radar systems and engineering solutions for both civilian and military applications. The company specializes in the design, prototyping, and manufacturing of state-of-the-art radar systems, with a particular focus on radar receivers, exciters, and signal processors. C Speed has built a strong reputation through its collaborations with major defense contractors and government agencies, including the U.S. Air Force, U.S. Army, U.S. Navy, Department of Homeland Security (DHS) and NATO. Their product portfolio includes the “LightWave Software Defined Radar Platform,” designed as a cost-effective, software-based, alternative for legacy radar modernization while also providing new surveillance radars to their customers. With over 30 years of experience in the radar industry, C Speed continues to innovate, providing essential support to national and international defense initiatives.

About NewSpring

NewSpring is a lower-middle market focused private equity firm that partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages approximately $3.5 billion across five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Having completed over 250 investments, NewSpring brings a wealth of knowledge, experience, and resources to take growing companies to the next level and beyond. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. To learn more, visit www.newspringcapital.com

About Lafayette Square

Lafayette Square invests in middle market companies while positively supporting people and communities. We believe the demand for capital in businesses headquartered outside of high-income places is an overlooked opportunity. We seek investment opportunities that stimulate economic growth across the United States through the creation and preservation of working-class jobs. For more information, please visit www.lafayettesquare.com.

Media Contact:
Jansel Murad
Dukas Linden Public Relations
646-722-6537
lafayettesquare@dlpr.com

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SOURCE Lafayette Square Holding Company

Technology

Empowering Knowledge Monetization, Baijiayun’s “DuanXunBao” Has Completed Its Autumn Upgrade

Published

46 minutes ago

November 26, 2024

BEIJING, Nov. 26, 2024 /PRNewswire/ — Baijiayun Group Ltd (“Baijiayun” or the “Company”) (NASDAQ: RTC), a one-stop AI video solution provider, recently announced it has completed autumn upgrade of “DuanXunBao”.

Recently, the new-generation knowledge delivery tool, “DuanXunBao”, has completed its autumn refresh and upgrade. “DuanXunBao” is a lightweight yet feature-rich product launched by Baijiayun, a US-listed company. Based on the model of training camps (short-term series of courses), it enables clients to build a knowledge payment platform with just one click and achieve high-quality online classroom delivery in the forms of live broadcasts, video-on-demand, etc., providing convenient ways for knowledge monetizers to create teaching platform and meeting their needs in multiple scenarios such as online teaching, user attraction, marketing conversion, commercial monetization, and brand promotion.

From the comprehensive optimization of the distribution function to the seamless connection of storefront business and then to the real-time monitoring of back-end data, this upgrade of “DuanXunBao” has provided more efficient and convenient operation solutions for knowledge monetizers.

By this upgrade, distributors can obtain their exclusive live broadcast promotion links in the C-end stores. This mechanism effectively tracks customers’ purchasing behaviors and enables timely adjustments to sales strategies, effectively promoting the growth of product sales.

In the brand-new version of “DuanXunBao”, data management and analysis have become another important upgrade direction. Knowledge monetizers can view the order status of different stores and different products in real time in the back-end, so as to better manage inventory. The realization of this function helps stores accurately grasp market dynamics and provides a powerful basis for subsequent inventory adjustments.

About Baijiayun Group Ltd

Baijiayun is a one-stop AI video solution provider with core expertise in SaaS/PaaS solutions. Baijiayun is committed to delivering reliable, high-quality video experiences across devices and localities and has grown rapidly since its inception in 2017. Premised on its industry-leading video-centric technologies, Baijiayun offers a wealth of video-centric technology solutions, including Video SaaS/PaaS, Video Cloud and Software, and Video AI and System Solutions. Baijiayun caters to the evolving communications and collaboration needs of enterprises of all sizes and industries. For more information, please visit ir.baijiayun.com.

Safe Harbor Statement

This press release contains certain “forward-looking statements.” These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the parties’ perspectives and expectations, are forward-looking statements. The words “will,” “expect,” “believe,” “estimate,” “intend,” and “plan” and similar expressions indicate forward-looking statements.

Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties, and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. The forward-looking information provided herein represents the Company’s estimates as of the date of this press release, and subsequent events and developments may cause the Company’s estimates to change.

The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release.

A further list and description of risks and uncertainties can be found in the documents the Company has filed or furnished or may file or furnish with the U.S. Securities and Exchange Commission, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

For investor and media enquiries, please contact:

Company Contact:

Ms. Fangfei Liu
Chief Financial Officer, Baijiayun Group Ltd
Phone: +86 25 8222 1596
Email: ir@baijiayun.com

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SOURCE Baijiayun Group Ltd

Technology

Hurricane Milton Sheds Light on Inequity in Healthcare

Published

46 minutes ago

November 26, 2024

WOBURN, Mass., Nov. 26, 2024 /PRNewswire/ — Report by Parlance: In October 2024, Hurricane Milton ravaged Florida’s Gulf Coast, leaving more than three million Floridians without power. Utility companies were unable to quickly repair electrical lines due to the damage/flooding — 1.9 million people remained powerless for over 48 hours.

CIOs must prioritize the ease of healthcare access.

Countless households lost access to the internet, left with only the phone. Florida health systems that require the use of online portals create a barrier for patients.

Health equity begins at an organization’s digital front door. CIOs must prioritize the ease of healthcare access. No one asks to be sick. No one asks for a hurricane. Health systems need to meet people where they are.

For many Floridians, the internet is a barrier:

• Florida has the third-lowest literacy rate in the country. 20% of adults lack basic reading skills and won’t use web chats or portals.

• Florida has the second-highest population of senior citizens per capita.

– 71% of Baby Boomers prefer to contact their doctor over the phone.
– 28% of Americans age 71+ are visually impaired and struggle to read small text.
– 21% of Americans suffer from osteoarthritis in their hands, making the use of computer keyboards painful.

• About 30% of Floridians don’t speak English at home. Non-English speakers struggle to understand the complex language in a healthcare portal.

While these hurdles are distinctly present in Florida, inequity at the healthcare front door affects tens of millions of Americans.

How Healthcare Organizations Can Improve Equity and Access to Care

When hospitals and clinics use conversational AI to modernize phone-based communication, it benefits the greatest percentage of healthcare consumers.

The Parlance IVA (intelligent virtual assistant) enables callers to self-serve by speaking on the phone. The IVA handles appointment management tasks, FAQs, and other routine calls. This prevents long hold times and enables agents to assist people who need urgent help.

72% of consumers pick up the phone first when they want fast service. For many people – whether due to disability, literacy, language barriers, or a hurricane – the phone is the only option.

Digitizing and automating the voice channel with the Parlance IVA ensures that all patients can engage with hospitals and clinics effortlessly, no matter their circumstances.

Parlance Promotes Health Equity

For over 25 years, Parlance has been a leader in voice-first technologies. Hundreds of health systems rely on us to improve patient experience and business operations.

Media contact:
Alexandra Karasic
info@parlancecorp.com
781-306-2200

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SOURCE Parlance