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DHL Global Forwarding promotes two executives to key leadership roles in Asia Pacific

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  • Niki Frank will expand his remit from managing the business in India to the sub-region of South Asia
  • Yvonne Lee, Head of Strategic Projects for ASEAN and South Asia, will assume a new role as Managing Director in the Philippines

SINGAPORE – Media OutReach – 12 January 2021 – DHL Global Forwarding, the leading international provider of air, sea and road freight services, has announced two appointments to its Asia Pacific management board, effective 1 January 2021. Niki Frank, CEO of DHL Global Forwarding India, will expand his portfolio to include the entire sub-region of South Asia. Yvonne Lee, Head of Strategic Projects, DHL Global Forwarding ASEAN and South Asia, and Head of Business Processes and Organization, DHL Global Forwarding Thailand, will assume the role of Managing Director, DHL Global Forwarding Philippines. Both will report directly to Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific.

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Niki Frank expands his remit from managing DHL Global Forwarding’s business in India to the South Asia sub-region that comprises Bangladesh, India, Pakistan and Sri Lanka.

Yvonne Lee is appointed Managing Director of DHL Global Forwarding Philippines.

 

Frank to oversee South Asia sub-region
“We, at DHL, are of the view that trade is a key driving force behind economic development and prosperity. With intraregional trade at almost a third of its potential, there remains room for the growth of trade in South Asia. I am confident that Niki’s strategic foresight and experience gleaned from his time in the global head office and his familiarity with the South Asian market as head of our business in India, will help develop this vital part of our Asia Pacific business,” said Leung.

 

Frank will oversee the newly created South Asia sub-regional portfolio that comprise India, Pakistan, headed by Umair Alam as Managing Director, and Bangladesh and Sri Lanka managed by Fabian Rybka.

 

“The South Asian markets have enormous potential to offer and I am deeply committed to helping local businesses explore the vast cross-border opportunities within the region and beyond. I look forward to working closely with our teams in the various countries and empowering them to boost service and customer satisfaction levels,” said Frank.

 

Prior to his current role, Frank spent seven years leading global transformation initiatives for Deutsche Post DHL Group (DPDHL Group) and DHL Global Forwarding, making major contributions to its pivotal growth strategy that saw the business revive its performance and regain market share.

 

Business in Philippines to be headed by Lee
As Managing Director of DHL Global Forwarding Philippines, Lee will be responsible for leading the business on its growth trajectory and overseeing the business’ digital transformation efforts, in line with the Group’s Strategy 2025, to elevate customer and employee experience as well as improve operational excellence. 

 

“The Philippine economy, like many others, has taken a hit this year because of Covid-19, but is expected to see a gradual rebound from 2021 onwards, even as the ASEAN region anticipates consumer spending to double by 2030. With her experience across various business functions, including in a strategic regional role, and her sharp business acumen, Yvonne is the ideal candidate to lead our business in the Philippines to capture opportunities as the market recovers and moves into its next phase of growth,” said Leung.

 

Lee started her career with DPDHL Group as a Management Trainee, before moving on to a variety of roles spanning operations effectiveness, project management, performance measurement and customer implementation. In her most recent role as Head of Strategic Projects, ASEAN and South Asia, she oversaw several key change management and transformation projects for the freight forwarder. 

 

“One of my key priorities is to drive an even more customer-centric approach in response to the evolving needs of local businesses, as we ramp up our digitalization efforts to provide customers with a better shipping experience. Having worked with colleagues in the Philippines in my previous role, I am excited to join a team of dynamic and committed freight forwarders to tackle the unique opportunities and challenges here,” said Lee. 

 

Note to editors:

Post Covid-19, India faces tough odds in reopening for business. As the country eases its lockdown restrictions, longer-term challenges await the country’s logistics sector. Find out more in DHL’s Logistics of Things.

 

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

 

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 63 billion euros in 2019. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve zero-emissions logistics by 2050.

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Digital.com Names Best Financial Reporting Software of 2021

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SEATTLE, March 1, 2021 /PRNewswire-PRWeb/ — Digital.com, a leading independent review website for small business online tools, products, and services, has announced the best financial reporting software of 2021. The top systems were selected based on three main criteria and customer feedback.

Each platform was expected to support tools that enable users to work more efficiently, such as balance sheet, general ledger, and consolidation/roll-up. The study also evaluated third party integrations with accounting apps, CRMs, and other platforms. Reporting functions are also essential for tracking financial data and making informed decisions.

“Many organizations use financial reporting software to automate time-consuming tasks and get real-time data insights,” says Josephine Miller, PR Manager of Digital.com. “This guide was developed to help narrow the search and increase awareness about must-have features.”

Digital.com's research team conducted a 40-hour assessment of over 70 solutions. To access the complete list of best financial reporting software, please visit https://digital.com/financial-reporting-software/.

Best Financial Reporting Software of 2021

ABOUT DIGITAL.COM
Digital.com reviews and compares the best products, services, and software for running or growing a small business website or online shop. The platform collects twitter comments and uses sentiment analysis to score companies and their products. Digital.com was founded in 2015 and formerly known as Review Squirrel. To learn more, visit https://digital.com/.

Media Contact

Josephine Miller, Digital.com, (800) 603-0154, [email protected]

 

SOURCE Digital.com

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Wego Launches ShopCash, an Online Shopping Cashback Rewards and Deal Discovery App for the MENA Market

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ShopCash aims to be a one-stop shop for cashback offers, coupons, deals and discounts

DUBAI, UAE, March 1, 2021 /PRNewswire/ — Wego, the largest online travel marketplace across the MENA region, today announced the launch of ShopCash, an online shopping cashback and deal discovery app for Middle East consumers.

From left to right: Mamoun Hmedan, Managing Director, MENA and India, Wego and Craig Hewett, Wego Co-Founder

ShopCash is available today for download from the iOS App Store, Google Play Store and at shopcash.com

ShopCash users will earn instant cashback for online purchases made with hundreds of popular merchants across the Middle East and gain access to exclusive deals and discounts.

Cashback automatically accumulates in a user's ShopCash wallet with every purchase and can periodically be withdrawn into a user's bank account or via other pay-out methods. ShopCash users will also be able to redeem cashback for air tickets and hotel stays with Wego or for purchases or gift cards with other partner merchants.

“Nobody in the Middle East has done much travelling over the last year but because of social distancing measures we are all spending more time and money online than ever before.” said Mamoun Hmedan, Managing Director, MENA and India, Wego. “It's been a tough year for many, and we know how gratifying it is to get something back. ShopCash gives you real money back into your account for the online purchases that you make. For every brand, for every deal, even on top of the merchant's discount, so basically it's a deal on another deal.” 

According to a recent study by Kearney, the GCC e-commerce market value in 2020 had reached $24 billion. The pandemic has driven a rapid acceleration in e-commerce adoption by Middle East consumers that has been matched by more merchants investing in e-commerce platforms and digital marketing capabilities.

“The response from the merchants that we've approached has been overwhelmingly enthusiastic”, commented Craig Hewett, Wego Co-Founder, Wego. “Everybody from global e-commerce giants to regional champions to local niche specialists have immediately seen the value of participating in ShopCash and I'm pleased to say that we have a long back-log of merchants to integrate in the weeks and months ahead.”

Merchants participating in ShopCash at launch include Amazon, AliExpress, GearBest, iHerb, H&M, Mumzworld, Mothercare, Mamas & Papas, Banggood, Styli, Nike, Ounass, Pottery Barn, GAP, The Luxury Closet, SharafDG, Bath & Body Works and Wego where users will earn cashback on flight and hotel purchases. New merchants are being added each week.

For participating merchants ShopCash is a platform to acquire new customers, starting with Wego's massive user base of frequent flyers, but also to drive sales volumes via a wide range of store, brand and product promotional activities run by the ShopCash merchandising team. These include in-app promotions, flash-sales, audience retargeting, accelerated cashback, coupons, deals and offline co-marketing activities.

All promotional activities can be laser targeted at the precise geographic or demographic audience the merchant is trying to reach. ShopCash will also provide merchants and brand owners with access to valuable shopping analytics.

“We've carefully studied and taken inspiration from the cashback shopping rewards pioneers in other parts of the world including Rakuten (4755:JP), Paypal's Honey (PYPL:US), ShopBack, Dosh and Cashrewards (CRW:AU).” said Kaushal Pilikuli, Product Director for ShopCash. “We've adapted the model for shoppers and merchants in the Middle East region starting with the largest e-commerce markets of KSA and UAE, but we plan to quickly expand the service into Kuwait, Oman, Qatar, Bahrain, Egypt and across the rest of the MENA region. In the pipeline we have lots of new merchants, new payout methods, new deal types, new redemption methods and a long list of exciting new features.”     

ShopCash will be a standalone brand and product but will also be tightly integrated into Wego's mobile apps and websites and serve as the heart of the Wego loyalty program. Wego users will be able to earn cashback when shopping for flights and hotels and to instantly redeem the balance of their cashback wallets against travel purchases.      

ShopCash is available today for download from the iOS App Store, Google Play Store and on the web at shopcash.com

Note to editors: 

ShopCash Media Kit is available at: https://we.tl/t-FhXwL6RqCX

About ShopCash

ShopCash is a rewards app that gathers hundreds of online merchants across all shopping categories under the one cashback and deals platform. Developed by Wego, ShopCash rewards consumers with instant cashback for every purchase they make which can then be redeemed for flights & hotels or simply transferred into their bank account. ShopCash helps merchants attract and merchandise to high value customers starting with Wego's frequent flyers.

About Wego

Wego is the largest online travel marketplace across the MENA region with 10M+ monthly active users (MAUs) purchasing $1B+ of travel products per year. Wego operates dual headquarters in Dubai and Singapore and is backed by investors including Tiger Global management, Crescent Point, Square Peg Capital, MEVP and is a strategic partner of the MBC Group.

Photo – https://mma.prnewswire.com/media/1343306/Wego.jpg

 

 

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Everest Medicines Announces Selection as a Constituent of Certain Indexes of Hang Seng Indexes Company Limited

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SHANGHAI, Feb. 28, 2021 /PRNewswire/ — Everest Medicines (HKEX 1952.HK), a biopharmaceutical company focused on developing and commercializing transformative pharmaceutical products that address critical unmet medical needs for patients in Greater China and other parts of Asia, today announced that the company has been selected as a constituent stock of the Hang Seng Composite Index, the Hang Seng Healthcare Index and the Hang Seng Hong Kong-Listed Biotech Index in accordance with the latest index series release by Hang Seng Indexed Company Limited, with effect from March 15, 2021.

The Hang Seng Composite Index offers a comprehensive Hong Kong market benchmark that covers about the top 95th percentile of the total market capitalisation of companies listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”). The Hang Seng Healthcare Index aims to reflect the overall performance of stocks listed in Hong Kong that are related to healthcare businesses. The Hang Seng Hong Kong-Listed Biotech Index reflects the overall performance of the biotech companies that are listed in Hong Kong, including stocks listed on the Stock Exchange through Chapter 18A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Being selected as a constituent stock of the above Hang Seng Indexes fulfills the eligibility criteria for Southbound Trading under the Stock Connect scheme, which is a channel that facilitates stock trading and investment between Hong Kong and a broader base of China investors.

About Everest Medicines

Everest Medicines is a biopharmaceutical company focused on developing and commercializing transformative pharmaceutical products that address critical unmet medical needs for patients in Greater China and other Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record of high-quality clinical development, regulatory affairs, CMC, business development and operations both in China and with leading global pharmaceutical companies. Everest Medicines has built a portfolio of eight potentially global first-in-class or best-in-class molecules, many of which are in late-stage clinical development. The Company's therapeutic areas of interest include oncology, autoimmune disorders, cardio-renal diseases and infectious diseases. For more information, please visit its website at www.everestmedicines.com.

Cision View original content:http://www.prnewswire.com/news-releases/everest-medicines-announces-selection-as-a-constituent-of-certain-indexes-of-hang-seng-indexes-company-limited-301237023.html

SOURCE Everest Medicines

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