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Nummo Closes $1.9 Million Seed Round, Launches Personal Finance Platform and Forms Advisory Council

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Nummo, a personal financial management platform that empowers people to live better by helping them manage, maintain and improve their financial health, today announced it has closed a $1.9M USD oversubscribed round of financing and the public launch of its platform. Funding was led by an undisclosed group of C-Level executives and entrepreneurs from Europe and the United States. The company previously raised $700,000 USD in a Friends & Family round.

The funds will be utilized to further expand operations along with U.S. market penetration, application support efforts and next stage product development. In addition, the company expects to open U.S. headquarters in early 2019. Nummo aims to capture significant market share in a rapidly expanding category by bringing ease of use, clarity and transparency to consumers who are looking to improve their financial wellness. Nummo is independent of existing financial services companies and does not accept financial incentives, kickbacks or commissions from any financial institutions, investment firms or robo-advisors. Users do have the ability to connect their bank accounts to over 19,000 financial institutions while also being able to access a comprehensive guide to the current robo advisors market.

At Nummo, we have worked hard to create a platform that makes it easy for people to aggregate their bank accounts to help better understand and manage their finances. Our goal is to help simplify and shift the money mindset, said Roi Y. Tavor, co-founder and CEO, Nummo. This funding enables us to expand our offerings. We are also very excited to be working with two such high caliber advisors as Lawrence Baxter and Mac Lackey. The experience and insight they bring will contribute to the next phase of our growth.

Advisory Council

In conjunction with the financing, the company has also announced its newly formed Advisory Council, which includes Lawrence G. Baxter, PhD and Mac Lackey. Dr. Baxter is the David T. Zhang Professor of the Practice of Law at Duke University, where he also directs the Global Financial Markets Center. He focuses his teaching and scholarly research on the evolving regulatory environment for financial services and beyond. He was formerly executive vice president and chief e-commerce officer at Wachovia National Bank.

Mac Lackey is an entrepreneur who has built and sold five companies. He served on the Board of Directors at Lending Tree, a publicly traded company on Nasdaq. His duties included: Chairman of the Audit Committee, as well as being part of the Compensation Committee and Executive Committees. Most recently he founded and was CEO of KYCK. The Council will provide strategic counsel and guidance.

Im pleased to be advising an organization with a strong leadership team and great traction, that is changing the personal finance experience, one user at a time, said Mac Lackey, entrepreneur and investor. Nummo integrates financial wellness, education, and wealth management into a very unique and powerful service. I am excited to be a part of the company.

Useful Links: Nummo: www.nummo.com Twitter: https://twitter.com/nummo_com Facebook: https://www.facebook.com/nummoltd/ LinkedIn: https://www.linkedin.com/company/nummo-ag/

About Nummo

Nummo is an independent privately held company, with no ties to any financial institution or current product providers in any way. The company provides a personal financial management platform that empowers people to live better by helping them manage, maintain and improve their financial health by providing options based on each individuals financial situation. Founded in 2016, Nummo is headquartered in Zurich, Switzerland. For more information, visit www.nummo.com.

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Suncity Group Announces 2021 Outlook

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Striding Towards a Bright Future

 

MACAU – Media OutReach – 5 January 2021 – Under the impact of the COVID-19 pandemic, 2020 was a very difficult year for the world. In the face of the severe challenges, Suncity Group has been working hard to achieve its vision of sustainable development in all areas. With its philosophy of “Innovating With Diversity, Striving For Success”, the Group strives to develop its business in the fields of VIP services, entertainment, global tourism, food and beverage, luxury fashion, etc., and is committed to becoming a leading integrated resort operator, with the expansion of its global hotel and resort management business as its core focus. At the same time, as an enterprise rooted in Macao and backed by our motherland, it is one of Suncity Group’s priorities to promote Macao as the “Creative City of Gastronomy”. With this in mind, the Group has actively and successfully expanded its food and beverage business to the Mainland, promoting cooperation between enterprises of Macao and of the Mainland. Also, HOIANA, the Group’s feature project in Vietnam, will serve as a bridge to introduce Vietnam’s culture of gastronomy to the Mainland, in response to national policies of “going global” and “bringing in”.

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HOIANA, Suncity Group’s first integrated resort set to open its doors in 2021

Tigre de Cristal will focus on developing local Russian clientele, Japanese and Korean travellers as the target source market

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Suncity Group prepares to further expand its food and beverage business in the Mainland

Suncity Group is committed to bringing in the finest food culture to the Mainland

 

Leveraging on its experience in resort and hotel management, Suncity Group has been actively expanding its global hotel and resort management business and marching towards the goal of becoming an internationally renowned integrated resort operator. Year 2021 will see the grand opening of the Group’s first integrated resort HOIANA, with all facilities set to open their doors at the same time. Among the wide array of facilities included the entertainment facilities of Hoiana Suncity, the golf course of Hoiana Shores designed by renowned architect Robert Trent Jones Jr., and the 4 luxury hotels managed and operated by Rosewood Hotel Group – Hoiana Hotel & Suites, New World Hoiana Hotel & Residences, KHOS Hoiana and Rosewood Hoi An, offering over 1,000 guest rooms.

 

Located in central Vietnam, the integrated resort HOIANA is only 40 km away from the Da Nang International Airport, with its 3-km coastline and a stunning sea view. The first phase of HOIANA covers an area of over 165 hectares, with the second phase project commencing in 2021. Utilizing its unique coastline, the next phase of the resort will focus on increasing the number of guest rooms as well as the expansion of retail areas, including beach resorts and a Vietnamese Village. Future developments also include facilities such as water and adrenaline park, observation deck, etc., all with the aim to create the finest entertainment hub of Southeast Asia. At the same time, taking advantage of its geographical location, HOIANA will target at bringing in tourists from Southeast Asia as its main source markets in the future. Suncity Group believes that HOIANA will bring significant revenue and sustainable development prospects, and is a demonstration of its determination to gradually evolve into an integrated resort operator and actively expand its resort management business.

 

In addition, through Suncity Group Holdings Limited (1383.HK), Suncity Group is now the single largest shareholder of Summit Ascent Holdings Limited (102.HK), and participates in both operations of Tigre de Cristal Resort Phase I in Vladivostok, Russia and the development of the resort’s second phase. Currently, Tigre de Cristal Phase I is the largest integrated resort in Russia, with a positive trend in business and revenue growth driven by the local Russian clientele. Set to open for preview in late 2022 and grandly open in 2023, the Phase II development project will also commence in 2021, doubling the number of entertainment facilities as well as tripling the number of guest rooms. The project will also add to the resort 4 new restaurants and bars, premium outlet and duty free shopping, multi-functional area, and a beach club and spa. Thanks to its prime location in Northeast Asia, Tigre de Cristal will be well suited for Japanese and Korean travellers. In the future, the Group will focus on developing local Russian clientele, while introducing Japanese and Korean travellers to the resort as the target source market.

 

Through the acquisition of Suntrust Home Developers, Inc. (Stock Code: SUN:PM), Suncity Group is also actively engaging in the development of the Westside City Integrated Resort in the heart of Entertainment City in Manila, Philippines. The project covers an area of over 20 hectares and is set to open its doors before 2023, creating the hub of entertainment of Philippines together with our local partners.

 

Moreover, Suncity Group is expanding into East Asia to further target at Japanese and Korean travellers, with plans to develop resorts in Miyako Island of Okinawa and Niseko of Hokkaido in Japan, with construction to begin in 2021. The Group plans to build a resort hotel in the Yonaha Maehama Beach Area, which is known as “the most beautiful beach in the East”, in Miyako Island of Okinawa, Japan and is expected to complete in 2023. The resort will provide 100 hotel rooms and 40 private villas with their own pools, as well as a variety of special water sports, including stand-up paddling, snorkelling and deep diving. In addition, the Group plans to build a luxury resort in Niseko of Hokkaido, Japan, which owns the reputation as one of the “Top 10 Ski Resorts in the World”. With development plans in the works in 2021, the project will cover an area of approximately 20 hectares, combining the natural beauty of Niseko and convenient leisure amenities. The completion of these new integrated resorts will serve as a testament to Suncity Group’s determination to become Asia’s leading integrated resort operator and an enterprise rooted in Macao that is actively responding to the national policy of “going global”.

 

Adhering to the spirit of patriotism, Suncity Group has been actively supporting the policy of the Macao Special Administrative Region Government, placing the development of the Motherland as our top priority. Through the business expansion of Sun Food and Beverage in the Mainland, Suncity Group aims to bring in the best of foreign cultures and contribute to the country’s prosperity. Since last year, Sun Food and Beverage established 8 restaurants in Chengdu and Chongqing, including “Danang Vietnamese Cuisine”, “Pho Thuy”, “Bangkok Cock” and “Đồ ăn vỉa hè Hoi An Danang”. Together with HOIANA, invested by Suncity Group Holdings Limited in Central Vietnam, the Group strives to introduce Vietnam’s culture of gastronomy to the Mainland.

 

In order to further expand its footprint in the Mainland, Sun Food and Beverage is preparing to open more quality branded restaurants in 2021. In the meantime, Sun Food and Beverage has successfully created new cooperation opportunities for the catering industry in Macao and the Mainland by taking initiative to organise investment visits to the Mainland. Currently, Sun Food and Beverage is actively supporting the “Luzu Temple District Renovation Project” of Chongqing as the company plans to open at the site more branded restaurants presenting Vietnamese cuisine, not just to increase company revenue, but also to help reinvigorate the old district. In addition, Sun Food and Beverage is preparing to set up a joint venture with Macao’s catering industry and open 3 restaurants in the area, bringing Macao-style hot pot, Portuguese cuisine and local desserts to Chongqing. This move not only enriches Mainland’s catering market, but is also a way to support the Macao Special Administrative Region Government’s core effort to promote Macao as “Creative City of Gastronomy”.

 

In the entertainment sector, Sun Entertainment Culture Limited has been actively expanding its entertainment-related businesses, covering film productions, online films, concerts and other commercial performing arts. In 2021, Sun Entertainment Culture Limited will expand its footprint in Southeast Asia through its subsidiaries in Japan and Malaysia, and is also enthusiastically preparing for the full recovery of the film industry this year. Currently, productions of film and TV drama invested by the Group from last year have been completed and are scheduled to be released in 2021, including “Limbo” starring Gordon Lam, which is scheduled to participate in international film festivals, “Dust to Dust” starring Gordon Lam and Da Peng, “Mom, Don’t Do That” produced by and starring Alyssa Chia. In addition, Sun Entertainment Culture Limited will be producing Macao’s first action and car racing film this year, with Han Han as producer of the film. For the acclaimed films “SPL: Sha Po Lang” and “Paradox”, production of the sequels “SPL III: War Needs Lord” and “Paradox II” will also begin in 2021.

 

As Alvin Chau, Chief Executive Officer and Director of Suncity Group stated, the tough year 2020 is now in the past. With the new COVID-19 vaccines being distributed worldwide, the global economy is expected to soon recover, which will be conducive to a strong growth of the motherland and Macao’s social, economic and tourism sectors in 2021. At the same time, staying true to the core values of patriotism, he understands that the prosperity of Macao and the country are inextricably linked. In the future, Suncity Group will continue to look forward to a prosperous future together with the country and Macao by vigorously upholding and following the long-term direction of the country in all aspects.

 

High-resolution images can be downloaded in the gallery:

https://dropbox.suncity-group.com/url/ztw4svj4hfr3hcs4

 

About Suncity Group

Suncity Group was founded in 2007. Since establishment, Suncity Group has been striving to provide the extraordinary VIP entertainment service for our guests, and we then opened a number of VIP Clubs in various 6-star hotels and resorts throughout Macau with the rapid growth of our business. Meanwhile, we successively set up exclusive VIP Clubs in Manila, Seoul, Incheon, Phnom Penh and Da Nang, etc.

 

Adhering to the spirit of “Innovating With Diversity, Striving For Success”, Suncity Group spared no effort to develop high-end entertainment services and products as well as roll out global VIP loyalty program for the selected members to enjoy entertainment, travel, catering services, luxury shopping and motion picture. Today, the scope of our business covers most sectors, especially in the fields of global travel, film production, concert and event planning, catering and luxury goods.

 

As a Macau born and bred enterprise, Suncity Group is not only devoted to develop the Asian market, but also oriented to expand the global network. In the future, we will surely continue to diversify our VIP entertainment services, attract more exclusive members and make every effort to promote our business in every corner of the world.

 

Official Website | www.suncitygroup.com.mo/en

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Jollibee Foods Corporation Recognized with Two Global Employer Excellence Awards

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MANILA, PHILIPPINES – Media OutReach – 8 January 2021 – Jollibee Foods Corporation (JFC) recently received two global citations recognizing the company’s excellence as a world-class employer. These international awards affirm JFC’s commitment to be a best-in-class workplace that values and takes good care of its people.

 

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A First for the Philippines. Jollibee Foods Corporation (JFC) is the only Filipino company to date that has been recognized by the Gallup Exceptional Workplace Awards. JFC was also cited in this year’s Forbes’ List of the World’s Best Employers.  Some brands under JFC include Jollibee, Chowking, Mang Inasal, Greenwich, Red Ribbon, The Coffee Bean & Tea Leaf, Smashburger, and Tim Ho Wan.

Gallup Exceptional Workplace Award

Jollibee Foods Corporation, also known as Jollibee Group, is the first ever Philippine-based company to be recognized with the Gallup Exceptional Workplace Award (GEWA), given to only 38 organizations worldwide whose cultures drive high engagement among its employees. Winners of the Gallup Exceptional Workplace Award put people at the heart of their business strategy, focusing on people’s strengths and coaching talents to reach their full potential, unleashing human motivation, creativity, and innovation as a result.

 

“This award is Gallup’s highest honor, presented only to organizations that meet rigorous standards of excellence. As an award winner, you rank among the most elite organizations around the globe,” said Gallup in its letter to the Jollibee Group.

 

Forbes’ List of the World’s Best Employers

In this year’s Forbes’ list of the World’s Best Employers, the Jollibee Group is one of only three Philippine-based companies that were cited.

 

Forbes partnered with market research firm Statista to survey 160,000 employees from 58 countries who were asked to rate their willingness to recommend their own employers to friends and family. They were also asked to rate their satisfaction with their employers’ Covid-19 responses and score their employers on image, economic footprint, talent development, gender equality and social responsibility.

 

“We are honored to receive these global awards that reflect the kind of organization and strong culture of Jollibee Foods Corporation. We take pride in having professionals in our teams who are not only excellent in what they do, but also live the values that make the Jollibee Group what it is today,” said Jollibee Group President and CEO Ernesto Tanmantiong. “We know that a company is only as strong as the quality of its people, and it is our people who incessantly inspire us to be better.”

 

“To all our teams across the world, thank you for your commitment and trust in the Jollibee Group.  We will continue to uphold the culture and values that have made us who we are and develop programs that will continuously uplift our teams,” Tanmantiong added.

 

The Jollibee Group has a dedicated People Agenda in its business strategy, characterized by a people-focused culture, strong talent pipeline, and highly engaged teams. The organization is defined by its values of customer focus, speed with excellence, humility to listen and learn, integrity, and spirit of family and fun. Despite challenging external factors, employees remained resilient and engaged with the Jollibee Group mission of serving great-tasting food, bringing the joy of eating to everyone.

 

In previous years, the Jollibee Group has also received global citations–named as Philippines’ most admired company by the Asian Wall Street Journal for ten years and honored as one of ‘Asia’s Fab 50 Companies’ by Forbes Asia Magazine.

 

Jollibee Group is one of the fastest-growing Asian restaurant companies in the world with 16 brands including Jollibee, Chowking, Mang Inasal, Greenwich, Red Ribbon, The Coffee Bean & Tea Leaf, Smashburger and has a joint venture with the Tim Ho Wan Group to open Michelin-starred Tim Ho Wan restaurants in Mainland China.

About Jollibee Group

Jollibee Group is one of the fastest-growing Asian restaurant companies in the world. It operates in 34 countries, with over 5,800 stores globally with branches in the Philippines, United States, Canada, the People’s Republic of China (including Hong Kong and Macau), United Kingdom, Italy, Vietnam, Brunei, Singapore, Saudi Arabia, United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Indonesia, Costa Rica, Egypt, El Salvador, Panama, Malaysia, South Korea, Japan, and India. It has eight wholly-owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger), three franchised brands (Burger King and Panda Express in the Philippines, Dunkin’ Donuts in certain territories in China), 80% ownership of The Coffee Bean and Tea Leaf, and 60% ownership in the SuperFoods Group that owns Highlands Coffee and PHO24 brands.

 

Jollibee Group is a significant investor in Titan Dining LP, a private equity fund and the ultimate holding entity of the Tim Ho Wan (THW) Brand and has a joint venture with the THW Group to open THW restaurants in Mainland China. It also has a business venture with award-winning Chef Rick Bayless for Tortazo, a Mexican fast-casual restaurant business in the United States.

 

Jollibee Group was named the Philippines’ most admired company by the Asian Wall Street Journal for ten years. It was also honored as one of Asia’s Fab 50 Companies and among the World’s Best Employers by Forbes. In 2020, Gallup awarded the Jollibee Group with the Exceptional Workplace Award, making it the first Philippine-based company to receive the distinction.

 

Jollibee Group has grown brands that bring delightful dining experiences to its customers worldwide, in line with its mission of serving great tasting food and spreading the joy of eating to everyone.

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South Korean Startup bitsensing Introduces the Smallest Radar for a Health Monitoring System at CES 2021

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The mini Healthcare Radar, mini-H, Creates a Safer and More Convenient Monitoring System for Telehealth

 

LAS VEGAS, NV – Media OutReach – 13 January 2021 – bitsensing, a South Korean radar technology startup, introduces the new mini Healthcare Radar, mini-H, the smallest high-resolution 60GHz IoT Radar sensor in the lineup. The innovation behind the mini-H demonstrates the company’s industry leading expertise in designing and building cutting edge radar technology that can transform healthcare, automotive, mobility, smart home, security, and beyond.  

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Dr. Jae-Eun Lee, CEO of bitsensing, a seasoned engineer in radar technology and formerly a part of the automotive world at Mando Corp., knows what it takes to create a safe and conveniently connected world. “Revolutionary technologies such as mini-H are propelling what is possible in all facets of our daily lives,” says Lee. “We at bitsensing are committed to integrating these groundbreaking radar technologies to help build smart lives and smart cities which ultimately elevates the quality of life for all.”

 

The advanced mini-H sensor attaches to the wall and can detect, in real-time, presence, movement, breathing or lack there-of, and falls by measuring breathing patterns and pulsating vessels without the use of intrusive cameras or wearables.

 

Specifically designed for a more intelligent and safer monitoring system for telehealth, mini-H can be used in dark or wet places and works regardless of clothes or blankets. The Bluetooth and WiFi communication module allows for a seamless transfer of data from the radar to dashboards or the app for easy tracking. This fully wireless product makes it quick and easy to implement software advancements, ensuring the product is always up to date. The sleek, compact aesthetic of the product also allows for an easy integration while the plug and play style provides instant monitoring of activities with the option to adjust settings for optimal personalization.

 

As a leading radar solution company, bitsensing offers complete end to end services, creating customizable radars like the mini-H that exceed industry standards in convenience and security. The nimble structure of bitsensing allows the team to deliver powerful products quickly while working directly with end customers across a large range of industries to ensure satisfaction and broaden their horizons of what is possible in a smart life.

 

CES attendees can visit bitsensing’s virtual booth to learn more about the mini-H from January 11-14, 2021. To view the mini-H informational product video, please visit here. If you are interested in learning more about our radar solution offerings, please visit www.bitsensing.com.

mini-H Product Specifications

Specs subject to change without notice. All functionality, features, specifications and other product information provided in this document including, but not limited to, the benefits, design, pricing, components, performance, availability, and capabilities of the product are subject to change without notice.

  General Spec

  Centered Frequency

  61 GHz

  Bandwidth

  3.75 GHz

  Communication Interface

  WiFi or Bluetooth, RS485

  Coverage Spec

  Detection Range

  0.2m ~ 2.5m

  Field of View

  ±60° (Azimuth), ±60° (Elevation)

  Feature

  Moving, Falling, Presence, Apnea

  Vital Sign

  Respiration*

  Resolution

  0.04m

  Electrical Spec

  Operating Voltage

  7V ~ 14V

  Current Consumption

  Max 3W

  Mechanical Spec

  Dimensions

  50 x 50 x 15 mm

  Weight

  100g**

  Connector

  Open terminal Cable

  Environment Spec

  Operating Temperature

  -20 ~ +85 °C

* The data driven by respiration detection may be limited and is designed to be used for apnea detection

** The weight is without cable

About bitsensing

bitsensing is imaging radar technology company committed to building safer smart cities and elevating connected living by designing cutting-edge sensor fusions and AI solutions bringing an unprecedented level of intelligence to smart living. Founded in 2018 by seasoned automotive experts, bitsensing is one of the only startups delivering optimal technologies that meet and exceed the high level of safety and convenience that the industry demands. bitsensing is transforming possibilities to bring democratization of smart life in healthcare, automotive, mobility, smart home, security, and beyond.

www.bitsensing.com

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