Press Releases

The9 Signed a Definitive Share Purchase Agreement to Invest in AI Unmanned Retail Store Platform KuaiJin May 20, 2024 04:00AM

SHANGHAI, May 20, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") with Kuaijin Shidai (Xiamen) Technology Co., Ltd. ("KuaiJin"), a company operating unmanned retail store platform in China, to purchase 15% of KuaiJin by cash and issuance of The9's restricted shares. The9 is also granted a purchase option to purchase up to 51% of the total... (continue reading...)

ATRenew Inc. Reports Unaudited First Quarter 2024 Financial Results May 20, 2024 04:00AM

SHANGHAI, May 20, 2024 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced its unaudited financial results for the three months ended March 31, 2024. 

First Quarter 2024 Highlights

• Total net revenues grew by 27.1% to RMB3,651.1 million (US$505.7 million) from RMB2,871.8 million in the first quarter of 2023.
• Loss from operations... (continue reading...)

Shohei Ohtani Appointed as ITO EN's "Oi Ocha" Global Ambassador to Promote Japan's Tea Culture Worldwide; Ohtani: "Everyday, There's a Green Tea That Stands by My Side" May 20, 2024 04:00AM

TOKYO, May 20, 2024 /PRNewswire/ -- ITO EN, Ltd., the Tokyo-based producer of the world's No. 1 unsweetened green tea beverage brand "Oi Ocha" (*), has signed a global contract with Shohei Ohtani, the Los Angeles Dodgers player. The company is pleased to announce his appointment as ITO EN's "Oi Ocha" Global Ambassador and unveil a new key visual.

The main copy, "Every day, there's a green tea that stands by my side," features words used on the back of the bottle in... (continue reading...)

Toyota Soars, Ford Plummets; Honda, GM, Nissan, and Stellantis Make Gains in 2024 Working Relations Study May 20, 2024 04:00AM

DETROIT, May 20, 2024 /PRNewswire/ -- Results of the 24th annual North American Automotive OEM - Supplier Working Relations Index® (WRI®) Study that evaluates relations between US automakers and their suppliers were released today by Plante Moran.

Do the legacy automakers need a new business model --  more like the new EV manufacturers?  The study suggests they do.

The Study shows five of the six OEMs improved overall... (continue reading...)

Dexcom Launches Innovative New Sensor as Groundbreaking Report Reveals Alarming Rates of Anxiety and Depression in Those With Type 2 Diabetes May 20, 2024 04:00AM

• Dexcom ONE+ is now available in the UK, incorporating 25 years of Dexcom research to offer a sensor that better meets the needs of those living with diabetes.
• Dexcom’s first-ever State of Type 2 Report features survey findings from people with Type 2 diabetes and reveals majority of respondents struggle with anxiety and depression1.
• The ‘Dexcom State of Type 2 Report’ also shows 54% of people wish they could gain more confidence in managing their Type 2... (continue reading...)