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Baozun Sets New Total Order Value Record of RMB10.06 Billion on Singles Day 2019

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SHANGHAI, China, Nov. 11, 2019 (GLOBE NEWSWIRE) — Baozun Inc. (Nasdaq: BZUN) (“Baozun” or the “Company”), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced that the total order value settled through payment gateways on all of the Company’s e-commerce channels reached a record RMB10.06 billion on Singles Day 2019, an increase of 53.6% from last year’s previous high of RMB6.55 billion.

The record Singles Day total order value does not include the contribution from one electronics brand that Baozun stopped servicing during the third quarter of 2019 as part of its strategy to optimize its brand portfolio towards higher-quality growth. To provide a more accurate comparison, if the contribution from the electronics brand was excluded from 2018, the total order value for Singles Day 2019 would have increased by approximately 76% year-over-year.

With Alibaba’s “Tmall Flagship Store 2.0” now deployed, Baozun bolstered its first mover advantage and rapidly upgraded nearly 100 of its brand partners’ flagship stores across a variety of categories, including apparel, electronics, cosmetics, mom & baby and FMCG prior to Singles Day. Tmall Flagship Store 2.0 is constantly evolving and allows Baozun to create highly customized upgrades for brand partners which were integral in helping them actively engage with customers, personalize content, and manage their creative marketing strategies in order to drive sales during the shopping festival.

“I am pleased to see that our focused strategy and execution in preparing for the massive surge in orders generated new corporate records, with total order value increasing 53.6% to RMB10.06 billion and number of orders surging 61% to 29 million orders,” commented Mr. Vincent Qiu, Chief Executive Officer of Baozun. “Breaking through the RMB10 billion mark in order value this year reflects the enormous future growth potential our core business continues to generate. We are excited to see that many leading brands within our portfolio ranked first in terms of total order value within their respective verticals. The combination of our cutting-edge IT infrastructure, integrated marketing capabilities, extensive analysis of big data, sophisticated warehousing and logistics networks, and deep insight into consumers helped brands engage with consumers more effectively and are all essential elements powering our success. As we continue to drive innovation to support future growth, I am confident that our investments in technology will help us solidify our position as the market leading e-commerce service provider.”

About Baozun Inc.

Baozun is the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China by selling their goods directly to customers online or by providing services to assist with their e-commerce operations. The Company’s integrated end-to-end brand e-commerce capabilities encompass all aspects of the e-commerce value chain, covering IT solutions, store operations, digital marketing, customer services, warehousing and fulfillment.

For more information, please visit http://ir.baozun.com

For investor and media inquiries, please contact:

Baozun Inc.
Ms. Wendy Sun
ir@baozun.com

Christensen
In China
Mr. Christian Arnell
Phone: +86-10-5900-1548
E-mail: carnell@christensenir.com

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@christensenir.com 

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

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Goodnation & Mayacamas Ranch Launch Fund That Enables Californians to Donate PG&E Settlements to Wildfire Victims

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NEW YORK and CALISTOGA, Calif., Dec. 12, 2019 (GLOBE NEWSWIRE) — Goodnation, the first philanthropic advising platform to connect donors with top-performing charities that reflect their values and interests, today announced it has partnered with Mayacamas Ranch, a center for healing and regeneration that was lost in the 2017 Tubbs Fire, to create the Rise and Regenerate Fund, helping wildfire victims still on the road to recovery.

Available through Goodnation’s online platform, the fund enables Northern Californians to seamlessly donate all or a portion of their PG&E settlement funds to nonprofits focused on helping victims without the resources and support needed to fully recover. Anyone can donate any amount of money through the fund.

The Dec. 31, 2019 deadline to file for $13.5 billion PG&E set aside in wildfire compensation is rapidly approaching. PG&E equipment was blamed for starting fires that affected as many as 100,000 people eligible to file a claim. However, recent reports show a majority of wildfire victims have not yet filed claims, or might not even apply for their wildfire damage financial settlements, in part because they think there are others in greater need of support.

“It may seem counterintuitive that people donate money they are receiving as compensation for damages to their property, but many California wildfire victims are not filing claims because they feel there are others who need the money more than they do,” said Rob Hansen, President of Goodnation. “If you don’t file before the deadline, the money will most definitely not get to those who are still suffering. We built the Rise and Regenerate Fund as an easy and innovative way to ensure the PG&E claim money reaches the victims who need it the most and as quickly as possible.”

Mayacamas Ranch was a Calistoga-based retreat known as a gathering place for wisdom, community and healing. Destroyed in the 2017 Tubbs Fire, its owner, David Levy, is committed to helping his neighbors rebuild their homes and businesses, secure jobs, provide supplies, as well as heal from the stress and trauma through emotional support, as he tries to rebuild his own property.

While the choice to donate one’s settlement money is not uncommon, the platform created by Goodnation and Mayacamas Ranch is unique. The Rise and Regenerate Fund allows residents to donate a portion or all of their claim to a select number of fully vetted, high-impact organizations bringing comfort, care and relief to those still suffering in the aftermath of the California fires.

“As a wildfire survivor myself, I understand the devastating trauma people across the state are experiencing, and I also know the transformational and healing power of giving back and helping others,” said Levy. “In the midst of a crisis, we are often too overwhelmed to take action. That’s why what we’re doing with Goodnation is truly innovative. We’re reaching people who want to help and giving them the ability to easily and immediately act upon that intent.”

Levy, steward of Mayacamas Ranch, is now reorganizing with the community to bring back the property and reopen as Mayacamas Sanctuary with leaders of causes and companies who are at the forefront of nature inspired, human and ecological innovations and solutions to our most pressing challenges.

Working with Mayacamas Ranch, Goodnation identified and vetted 11 local Sonoma County, San Francisco Bay Area and Northern California organizations for inclusion on the platform. They are leading care providers, community-based programs and foundations that remain on the front lines of the ongoing efforts to heal and regenerate, including:

  • The Center for Mind-Body Medicine and the Sonoma Community Resilience Collaborative, providing long-term self-care and group support to the Tubbs Fire victims, empowering them with comprehensive tools and training.
  • The California Fire Foundation, providing emotional and financial assistance to families of fallen firefighters, firefighters and the communities they protect.
  • UndocuFund, supporting undocumented children, families, and communities affected by the fires in Sonoma County to recover and rebuild. Many immigrants are unlikely to pursue settlement claim benefits due to fear of immigration enforcement, lack of familiarity with official institutions, and limited English proficiency.

Donors can support the entire fund or select the specific groups with which they feel a meaningful connection.

To donate to the Rise and Regenerate Fund or for more information on how to file a PG&E claim, visit www.goodnation.io/riseandregenerate.

About Goodnation
Goodnation was founded in 2018 by Rob Hansen who, after 20 years working in fundraising for nonprofits, set out to fill a void he saw all too often. Goodnation’s mission is to modernize philanthropy, better serve donors and collectively create an impact on our country’s and communities’ toughest challenges. Through the technology platform, in-depth research and personal Philanthropy Advisor service, Goodnation works with major donors to define their core values and interests and connect them with high-performing nonprofits across 30 cause areas that are making a meaningful impact. Learn more at www.goodnation.io.

About Mayacamas Ranch
Mayacamas Ranch, a Generocity Resort, is Northern California’s premier exclusive-use group retreat center for companies, non-profit groups, weddings, and families. Set on a hilltop ridgeline above the town of Calistoga in Napa and surrounded by spectacular 360-degree views, Mayacamas Ranch provides an awe-inspiring, natural setting for a variety of group gatherings and workshops—including corporate and non-profit retreats, family celebrations, and destination weddings—making it an ideal place to renew, reflect, and connect.


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Altran Surpasses Milestone of 50 Active 5G Projects

GlobeNewswire

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Press Release
 

12 December 2019

 
 

Altran Surpasses Milestone of 50 Active 5G Projects

Diverse engagements worldwide cover a broad range of industries and use cases, from autonomous driving and AR/VR to digital therapeutics and real-time gaming

Altran, the global leader in engineering and R&D services, today announced that it has more than 50 active 5G-related projects underway worldwide. The engagements span all major regions – North America, Europe and Asia-Pacific – and serve a broad range of clients, including communications service providers (CSPs), network equipment providers (NEPs), semiconductor makers, other large corporate enterprises, industry consortiums and public-sector institutions.

We have been doubling down on 5G as one of our main areas of focus, and we’re delighted to share that our efforts and investment are bearing fruit,” said Dominique Cerutti, Chairman and Chief Executive Officer of Altran. “Our main challenge for accelerating even faster growth in 5G-related products and services is finding the talent that meets our high standards. There is a strong demand for advice and support across the entire 5G ecosystem. We will continue to invest in our capabilities to help clients realize their 5G vision.”

Some of the major use cases include:

  • 5G network accelerators: End-to-end solutions including radio access network (RAN), core, transport, cloud and edge computing
  • 5G R&D services for test equipment vendors and NEPs
  • System integration and consulting for network architecture and deployment planning
    • Semiconductors: 5G radio solutions on field programmable gate arrays (FPGA) and very large-scale integration (VLSI) testing
    • Automotive: 5G road safety for assisted driving, vehicle-to-everything (V2X) communication, road optimization and obstacle detection
    • Industry 4.0: Advanced robotics, enhanced maintenance and operations using augmented reality (AR) and virtual reality (VR), logistic services, asset tracking, real-time monitoring and predictive maintenance
    • Consumer: 5G retail solutions, a live hologram for an international broadcaster and real-time gaming with ultra-low latency
    • Public safety: Search-and-rescue missions with unmanned aerial vehicles (UAVs)
    • Health care: Mobile clinic and ambulance service and avatar simulation to encourage treatment

Most of Altran’s clients are large, blue-chip corporations. As one example, Cerutti points to the company’s longstanding partnership with Vodafone Group. Its engagements have included a number of 5G applications related to the creation of smart cities.

In Spain, Altran has been helping Vodafone deliver enhanced operations and maintenance with AR for refineries, real-time monitoring of a drilling robot, search-and-rescue missions with UAVs and new services in harbor, such as virtual ticket offices.

5G is central to our strategy, and Altran has helped us accelerate our 5G network buildout, supporting a number of use cases that have a tremendous impact on people and enterprises around the world,” said Carlos Becker, Head of Enterprise Marketing and Public Administrations at Vodafone Spain. “Altran has kept us true to our commitments to clients and helped enhance our subscriber quality of experience with scalable solutions.”

Masaki Taniguchi, SVP and Head of the Mobile System Business at Fujitsu, a leading provider of IT products and services including networks, commented: “Altran was able to set up a highly skilled team within a relatively short timeframe to meet our targets. They were able to handle a number of complexities independently – and that in turn freed up time for our specialists to focus on other aspects of the network. Together Altran and Fujitsu successfully developed and deployed a range of 5G solutions.”

Altran has also collaborated with a number of semiconductor companies. With Intel, for instance, the company created an industry-first disaggregated fronthaul framework based on Intel FPGAs, which will enable wireless carriers and NEPs to accelerate large-scale 5G fronthaul deployment.

Looking ahead to 2020, Cerutti said Altran will continue to prioritize investments in 5G and virtualization, such as its recently announced plan to  launch a communications and advanced networking center in the company’s new Manhattan office. Other investments this year have included the hiring of additional experts in 5G and related technologies, and the development of new software frameworks and platforms to enable the products and services of tomorrow.

About Altran
Altran ranks as the undisputed global leader in engineering and R&D services. The Group offers clients an unmatched value proposition to address their transformation and innovation needs. Altran works alongside its clients, from initial concept through industrialization, to invent the products and services of tomorrow. For over 30 years, the company has provided expertise in automotive, aeronautics, space, defense & naval, infrastructure & transportation, industry & consumer goods, life sciences, communications, semiconductors & electronics, software & internet, finance and the public sector. The Aricent acquisition extends this leadership to semiconductors, digital experience and design innovation. Altran generated revenues of €2.9 billion in 2018, with nearly 47,000 employees in more than 30 countries. For more information, please visit www.altran.com.

Contact:

Altran
Stéphanie Bia
Group Vice-President Investor Relations and Communications
Tel: + 33 (0)1 46 41 72 01
stephanie.bia@altran.com

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Kandou Demonstrates Prototype of First USB4 Multiprotocol Retimer at CES

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LAUSANNE, Switzerland, Dec. 12, 2019 (GLOBE NEWSWIRE) — Kandou, an innovative leader in high-speed, energy efficient, chip-to-chip link solutions, will demonstrate a working prototype of the industry’s first USB-C® multiprotocol retimer solution with USB4™ support at CES January 7-10 in Las Vegas, Nev.

The prototype will showcase the benefits of Kandou’s Matterhorn USB Type-C® 40 GB/s multiprotocol switch and bidirectional bit-level retimer solution for faster video processing and data transfer connections to drive next-generation USB-enabled devices. It follows the USB Implementers Forum (USB-IF) specification for USB4 and targets a wide range of applications that include mobile, tablet and desktop PCs, active cables, monitors, docking stations, external hard solid-state drives, and gaming consoles.

Demos of the Matterhorn USB-C® multiprotocol retimer solution for pre-qualified attendees under NDA will be held during CES from Tuesday through Friday, January 7-10, in Suite MP26264 at the Las Vegas Convention Center South Hall 2. To request a demonstration slot, send email to sales@kandou.com.

More detailed information about Kandou’s Matterhorn USB retimer solution will be available at the end of January.

About Kandou
Kandou, an innovative leader in high-speed, energy efficient, chip-to-chip link solutions critical to the evolution of the electronics industry, is revolutionizing wired connectivity with greater speed and efficiency. It enables a better-connected world by offering disruptive technology through licensing and standard products for smaller, more energy efficient and cost-effective electronic devices. Kandou has a strong IP portfolio that includes Chord™ signaling adopted into industry specifications by JEDEC and the OIF. Kandou offers fundamental advances in interconnect technology that lower the power consumed and improve performance of chip links, unlocking new capabilities for customer devices and systems. Kandou is a fabless semiconductor company founded in 2011 and headquartered in Lausanne, Switzerland, with offices in Europe, North America and Asia. 

Connect with Kandou at:
Linkedin: https://www.linkedin.com/company/kandou-bus-s-a-/
Twitter: @kandoubus

Kandou acknowledges trademarks or registered trademarks of other organizations for their respective products and services.

For more information, contact:
Jeff McGuire
VP Business Development at Kandou
(303) 903-9244
jeff@kandou.com

Nanette Collins
Public Relations for Kandou
(617) 437-1822  
nanette@nvc.com 

 

 

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