ChineseNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Issues Shareholder Letter, Announces Successful Completion of Eye-Net Trial

March 1, 2021 13:02:40

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, has released a shareholder update outlining the company’s stable business development and remarkable performance throughout 2020, as well as several key business milestones that have set the course for what Foresight believes will be a successful year. In addition, the company today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., successfully completed a controlled trial of its Eye-Net(TM) Protect cellular-based accident prevention solution for the intelligent transport system division of a multi-billion-dollar global Japanese vehicle manufacturer. Blue and White Robotics (“BWR”) supervised the trial that was designed to demonstrate Eye-Net’s advanced capabilities of protecting vehicles from oncoming collisions. “Eye-Net successfully completed another controlled trial and met all predefined objectives and key performance indicators, demonstrating Eye-Net Protect’s system capabilities. The system configuration used in the trial was almost identical to the production configuration, mimicking real-life situations with almost no safety margins,” said Dror Elbaz, COO and deputy CEO of Eye-Net Mobile. ”The test results confirm that the Eye-Net technology and product are ready for commercial deployment and may bring outstanding added value to all road users in general and to the automotive industry in particular.”

To view the full press releases, visit https://ibn.fm/FtBVW and https://ibn.fm/kh4Af

About Foresight Autonomous Holdings Ltd.

Foresight, founded in 2015, is a technology company engaged in the design, development and commercialization of sensors systems for the automotive industry. Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of sight” vision systems and “beyond-line-of-sight” cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement.

The company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the advanced driver assistance systems (“ADAS”), the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology.

For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.ForesightAuto.com

NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://ibn.fm/FRSX

About ChineseWire

ChineseWire (CW) is a specialized communications platform focused on promising China-based companies that are listed in North America. As one of 40+ brands within the InvestorBrandNetwork (“IBN”), CW provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution to IBN’s millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CW is uniquely positioned to best serve private and public Chinese companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled visibility, recognition and brand awareness. CW is where news, content and information converge.

For more information, please visit https://www.ChineseWire.com

Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: http://IBN.fm/Disclaimer

ChineseWire (CW)
Los Angeles, California
www.ChineseWire.com
310.299.1717 Office
Editor@ChineseWire.com

ChineseWire is part of the InvestorBrandNetwork.

ChineseNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Releases Statement Clarifying Parllay Acquisition

February 26, 2021 09:52:51

iClick Interactive (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, has issued a clarification about its acquisition of Parllay, which had been previously announced. A marketing technology company with a global vision, Parllay has supported brands around the world, including Ford, Microsoft and Michelin, as they have implemented WeChat CRM and marketing automation designed to grow their businesses and increase the conversions. The company was established by a team of former Microsoft executives, top-level data scientists, and product and marketing experts and has grown into a trusted brand. Fortune 500 companies and top marketing agencies alike have used the company’s services. “Parllay is a leading personalized marketing platform with deep expertise in WeChat-based CRM, e-commerce and marketing SaaS solutions in China,” the company noted in the press release. “iClick anticipates utilizing Parllay’s rich expertise to further enhance iClick’s product offerings and accelerate sales of its Enterprise Solutions. The acquisition is estimated to close in the first half of 2021 and further details of the investment will be announced later.”

To view the full press release, visit https://ibn.fm/2QzGp

About iClick Interactive Asia Group Limited

iClick Interactive is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, the company’s proprietary platform possesses omni-channel marketing capabilities and fulfils various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in 10 locations worldwide including Asia and Europe. For more information about the company, please visit www.iClick.com.

NOTE TO INVESTORS: The latest news and updates relating to ICLK are available in the company’s newsroom at http://ibn.fm/ICLK

About ChineseWire

ChineseWire (CW) is a specialized communications platform focused on promising China-based companies that are listed in North America. As one of 40+ brands within the InvestorBrandNetwork (“IBN”), CW provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution to IBN’s millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CW is uniquely positioned to best serve private and public Chinese companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled visibility, recognition and brand awareness. CW is where news, content and information converge.

For more information, please visit https://www.ChineseWire.com

Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: http://IBN.fm/Disclaimer

ChineseWire (CW)
Los Angeles, California
www.ChineseWire.com
310.299.1717 Office
Editor@ChineseWire.com

ChineseWire is part of the InvestorBrandNetwork.

ChineseNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Releases Financial Report for Q4 and FY 2020

February 26, 2021 09:27:34

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, has shared its financial numbers for the fourth quarter and full year 2020. For Q4, the company reports $43.9 million in cash and short-term deposits; for the full year, Foresight reported a GAAP operating loss of $12.84 million, which is approximately 15% less than the GAAP operating loss of $15.03 million reported for 2019. Foresight reported a GAAP net loss of $3.96 million for Q4 2020 and $15.32 million for the full year; the company noted a non-GAAP net loss of $3.71 million for the fourth quarter and $14.16 million for the full year 2020. “We achieved important key milestones during the fourth quarter of 2020 and maintained solid progress throughout the year in spite of the COVID-19 pandemic,” said Foresight CEO Haim Siboni in the press release. “We are entering 2021 with a strong balance sheet, following successful capital raises including $26 million raised in our registered direct offering announced on December 28, 2020. We will continue to build on our innovative product portfolio, which has been validated through key prototype orders and partnerships in Europe, Asia and North America.”

To view the full press release, visit https://ibn.fm/V5y3y

About Foresight Autonomous Holdings Ltd.

Foresight is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration, sensor fusion and dense 3D point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information, visit the company’s website at www.ForesightAuto.com.

NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://ibn.fm/FRSX

About ChineseWire

ChineseWire (CW) is a specialized communications platform focused on promising China-based companies that are listed in North America. As one of 40+ brands within the InvestorBrandNetwork (“IBN”), CW provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution to IBN’s millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CW is uniquely positioned to best serve private and public Chinese companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled visibility, recognition and brand awareness. CW is where news, content and information converge.

For more information, please visit https://www.ChineseWire.com

Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: http://IBN.fm/Disclaimer

ChineseWire (CW)
Los Angeles, California
www.ChineseWire.com
310.299.1717 Office
Editor@ChineseWire.com

ChineseWire is part of the InvestorBrandNetwork.

ChineseNewsBreaks – IBN Launches Communications Platform Focused on Promising China-Based Companies Listed in North America

February 23, 2021 13:22:43

InvestorBrandNetwork (“IBN”), a multifaceted communications organization engaged in connecting public companies to the investment community, has launched ChineseWire (“CW”), a pioneering communications platform designed to shine a spotlight on Chinese companies from a wide range of industries and stages of development that are trading on the U.S. or Canadian exchanges. Those interested can depend on CW to publish news, content and data aimed at informing the investment community about the latest developments surrounding these companies. ChineseWire will also deliver important, timely updates through market-focused text message alerts and social media notifications. The launch of ChineseWire is representative of IBN’s commitment to provide specialized content distribution via widespread syndication channels. “From high-growth technology stocks to established names, public Chinese companies offer North American investors an opportunity to gain exposure to the continued expansion of the world’s second-largest economy,” said InvestorBrandNetwork director of client solutions Chris Johnson in the press release. “By adding ChineseWire to our 50+ brands, we’re providing a powerful new platform for investors hoping to gain exposure to the sustained growth of the Chinese economy. We already cover some incredibly intriguing Chinese companies with U.S. listings, such as Momo Inc. (NASDAQ: MOMO) and Alibaba Group Holding Ltd. (NYSE: BABA). Our goal is to help identify leading Chinese companies that present huge potential for savvy investors.”

To view the full press release, visit https://ibn.fm/bgs8F

About InvestorBrandNetwork

The InvestorBrandNetwork (“IBN”) consists of financial brands introduced to the investment public over the course of 15-plus years. IBN has amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand its branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve the organization’s increasingly diversified list of clients. Through NetworkNewsWire (“NNW”) and its affiliate brands, IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000-plus news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) a total news coverage solution. For more information about IBN, please visit www.InvestorbrandNetwork.com.

About ChineseWire

ChineseWire (CW) is a specialized communications platform focused on promising China-based companies that are listed in North America. As one of 40+ brands within the InvestorBrandNetwork (“IBN”), CW provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution to IBN’s millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CW is uniquely positioned to best serve private and public Chinese companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled visibility, recognition and brand awareness. CW is where news, content and information converge.

For more information, please visit https://www.ChineseWire.com

Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: http://IBN.fm/Disclaimer

ChineseWire (CW)
Los Angeles, California
www.ChineseWire.com
310.299.1717 Office
Editor@ChineseWire.com

ChineseWire is part of the InvestorBrandNetwork.

ChineseNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Announces Strategic Partnership in China

February 23, 2021 11:11:41

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider, today announced that it has entered into a partnership with HubSpot Inc. (NYSE: HUBS), a leading growth platform, to empower HubSpot’s global customers in the areas of WeChat commerce, CRM and marketing SaaS solutions in China. According to the update, the partnership is enabled through iClick’s acquisition of the business of Parllay, a long-term technology partner of HubSpot. “HubSpot and iClick’s integrated client service capabilities are a game changer for giving companies a truly leading SaaS offering to support their sales and marketing needs in China,” said Jian “T.J.” Tang, chief executive officer and co-founder of iClick. “Leveraging the foundation between HubSpot and Parllay, we have high conviction that this partnership that will lay the groundwork for helping more top international brands achieve success in the China market.”

To view the full press release, visit https://ibn.fm/w8nir

About iClick Interactive Asia Group Limited

iClick Interactive Asia Group is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, iClick’s proprietary platform possesses omni-channel marketing capabilities and fulfils various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in ten locations worldwide, including Asia and Europe. For more information about the company, please visit ir.i-Click.com.

NOTE TO INVESTORS: The latest news and updates relating to ICLK are available in the company’s newsroom at http://ibn.fm/ICLK

About ChineseWire

ChineseWire (CW) is a specialized communications platform focused on promising China-based companies that are listed in North America. As one of 40+ brands within the InvestorBrandNetwork (“IBN”), CW provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution to IBN’s millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CW is uniquely positioned to best serve private and public Chinese companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled visibility, recognition and brand awareness. CW is where news, content and information converge.

For more information, please visit https://www.ChineseWire.com

Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: http://IBN.fm/Disclaimer

ChineseWire (CW)
Los Angeles, California
www.ChineseWire.com
310.299.1717 Office
Editor@ChineseWire.com

ChineseWire is part of the InvestorBrandNetwork.

Momo (MOMO) Finding Recovery from Pandemic Through Social Media Connectivity

February 18, 2021 12:43:33
  • Powerfully diverse Chinese social media and entertainment conglomerate Momo is finding a measure of renewed optimism following a pandemic-delivered economic blow to its businesses during the past year
  • Momo operates social connectivity services, online dating facilitation and TV and radio production interests
  • The company’s social connection streams provide a useful service during the social distancing strictures imposed by governments striving to contain the spread of the COVID-19 virus
  • Momo has seen a positive response to changes in its top leadership during the past year as part of its efforts to redefine its strategy

Chinese mobile-based social networking giant Momo Inc. (NASDAQ: MOMO) continues to regain momentum from COVID pandemic-induced difficulties during the past year, seeing new options become available (https://ibn.fm/nI0JK), share prices rise (https://ibn.fm/772H8) and its appeal increasing generally with investors (https://ibn.fm/KMArq) during recent weeks.

Momo has operated in three primary service line segments since its launch in 2011 and its Nasdaq Stock Exchange listing in 2014, most notably its Momo social interaction platform, which makes it easier for people to connect with each other as they identify similar geographical and…

Read More>>

For more information on Momo Inc., visit the company’s Investor Relations web page at https://momoinc.gcs-web.com.

About ChineseWire

ChineseWire (CW) is a specialized communications platform focused on promising China-based companies that are listed in North America. As one of 40+ brands within the InvestorBrandNetwork (“IBN”), CW provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution to IBN’s millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CW is uniquely positioned to best serve private and public Chinese companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled visibility, recognition and brand awareness. CW is where news, content and information converge.

For more information, please visit https://www.ChineseWire.com

Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: http://IBN.fm/Disclaimer

ChineseWire (CW)
Los Angeles, California
www.ChineseWire.com
310.299.1717 Office
Editor@ChineseWire.com

ChineseWire is part of the InvestorBrandNetwork.

ChineseNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Enters Strategic Agreement to Provide Augmented Reality Immersive Classes

February 18, 2021 12:35:30

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality (“AR”) interactive entertainment games, toys and educational materials in China, today announced its entry into a three-year agreement with Zhong Ya (Shenzhen) International Education Investment Co. Ltd. (“Zhong Ya”). Under the agreement, Blue Hat will provide its Augmented Reality Immersive Classes (“ARIC”) to Zhong Ya’s 680 kindergartens located in Guangdong Province. Blue Hat will also develop for Zhong Ya an overall kindergarten curriculum and technology platform with a focus on STEAM (Science, Technology, Engineering, Art and Mathematics), taking into account social and emotional, communication and language, as well as physical development. “We are pleased to begin this partnership with Zhong Ya and look forward to working closely with them on integrating our digital solutions with a new STEAM-focused curriculum for their young students,” said Xiaodong Chen, CEO of Blue Hat. “We are excited to share our innovative education tools with Zhong Ya teachers as the success of the new platform and curriculum largely hinge upon properly training teachers in using these resources when educating students. We believe this partnership is yet another testament to the effectiveness of our interactive educational technology and we have begun the rollout of Blue Hat’s ARIC to these 680 kindergartens since the beginning of 2021. As a result of this rollout, we expect to see a substantial increase in our revenues from interactive education in 2021.”

To view the full press release, visit https://ibn.fm/i6rLk

About Blue Hat

Blue Hat Interactive Entertainment Technology is a producer, developer and operator of AR interactive entertainment games and toys in China, including interactive educational materials, mobile games and toys with mobile-game features. The company’s entertainment platform creates unique user experiences by connecting physical items to mobile devices, which creates a rich visual and interactive environment for users through the integration of real objects and virtual scenery. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the company’s investor relations website at www.IR.BlueHatGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to BHAT are available in the company’s newsroom at http://ibn.fm/BHAT

About ChineseWire

ChineseWire (CW) is a specialized communications platform focused on promising China-based companies that are listed in North America. As one of 40+ brands within the InvestorBrandNetwork (“IBN”), CW provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution to IBN’s millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CW is uniquely positioned to best serve private and public Chinese companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled visibility, recognition and brand awareness. CW is where news, content and information converge.

For more information, please visit https://www.ChineseWire.com

Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: http://IBN.fm/Disclaimer

ChineseWire (CW)
Los Angeles, California
www.ChineseWire.com
310.299.1717 Office
Editor@ChineseWire.com

ChineseWire is part of the InvestorBrandNetwork.

Momo Inc. (NASDAQ: MOMO) is “One to Watch”

February 17, 2021 15:22:41
  • Momo Inc. facilitates social interaction for a primarily Chinese audience, utilizing a powerful database to customize user experiences.
  • The company’s subsidiary streams are geared toward video sharing, online dating and TV and radio production interests.
  • The COVID-19 pandemic’s safety measures limiting virus spread have driven a growing number of youths to social media for interaction with others.
  • Momo has reconfigured its top leadership to create new energy for the company as it works to recover from the pandemic.

Momo Inc. (NASDAQ: MOMO), headquartered in Beijing, China, is a social media giant focused on serving the world’s most populous country through mobile connectivity. The company believes that providing its subscribers with the means to socialize based on common interests, while creating and sharing videos, is an important support for society and a way to generate revenue as it underscores its services with unique database intelligence.

Social and Entertainment Media Streams

Momo Inc. delivers social media connectivity and entertainment through a diverse range of segments and activities. The company was organized in 2011, expanded…

Read More >>

About ChineseWire

ChineseWire (CW) is a specialized communications platform focused on promising China-based companies that are listed in North America. As one of 40+ brands within the InvestorBrandNetwork (“IBN”), CW provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution to IBN’s millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CW is uniquely positioned to best serve private and public Chinese companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled visibility, recognition and brand awareness. CW is where news, content and information converge.

For more information, please visit https://www.ChineseWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://IBN.fm/Disclaimer

ChineseWire (CW)
Los Angeles, California
www.ChineseWire.com
310.299.1717 Office
Editor@ChineseWire.com