KUALA LUMPUR, Nov 5 (Bernama) -- Xsolla has rolled out new features for its Web Shop and Buy Button solutions, positioning game studios to capture higher margins and deeper player engagement as the United States (US) and other major markets move toward more open app ecosystems.
“With this release, we are not just shipping features; we are giving mobile studios a complete direct-to-consumer (D2C) advantage,” said Xsolla President, Chris Hewish in a statement.
With regulators in the US, United Kingdom, Europe, Japan, and Brazil pushing for external payment options, developers are increasingly able to bypass app store commissions.
Xsolla’s Web Shop enables direct-to-consumer purchases, allowing studios to retain up to 95 per cent of revenue on iOS and Android transactions in the US through a simplified one-tap checkout.
The new tools are designed to boost retention and revenue, including adjustable daily rewards, privacy-compliant offer segmentation, and an insight system that recommends optimised campaign tactics. Early performance indicators show over 20 per cent player retention increases and more than 15 per cent Web Shop revenue growth.
To extend reach, Web Shop catalogues can now be deployed across creator storefronts and community platforms such as Discord. Creators can promote in-game offers via branded pages, while Discord channels can function as storefronts where players buy bundles and gifts without leaving the conversation.
Another addition, Offerwall, opens revenue from non-paying players by letting users earn in-game rewards through quests, increasing payment transactions by 37 per cent and overall Web Shop revenue by five per cent.
Developers can also track and optimise campaigns through integrations with leading mobile measurement partners, including AppsFlyer, Adjust, and Singular.
Xsolla says more than 700 Web Shops are already live worldwide, demonstrating a growing appetite for revenue channels outside traditional app stores.
-- BERNAMA
Tuesday, November 4, 2025
XSOLLA EXPANDS WEB SHOP TOOLS AS US OPENS DOOR TO EXTERNAL APP PAYMENTS
Monday, November 3, 2025
Celebrating Destination Excellence: TOURISE Unveils Finalists for the 2025 TOURISE Awards

Celebrating Destination Excellence: TOURISE Unveils Finalists for the 2025 TOURISE Awards
RIYADH, Saudi Arabia, Nov 3 (Bernama-BUSINESS WIRE) -- Anticipation is building as TOURISE today unveils the finalists for the highly anticipated 2025 TOURISE Awards, set to recognize those leading global destinations who are rewriting the very definition of exploration. Twelve destinations have been named as finalists in this year’s TOURISE Awards, setting the pace for the future of tourism. Together they represent places from across the world that are not just changing the game of destination excellence, they are setting entirely new rules to cater to the demands of the modern traveler.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251029909575/en/
Selected from a wide array of nominations submitted by passionate globetrotters travelers, industry experts, and organizations across the world, this year’s finalists celebrate places that deliver soul-stirring culture, boundary-pushing experiences, and above all, meaningful and lasting memories.
His Excellency Ahmed Al-Khateeb, Minister of Tourism and Chairman of the Board of TOURISE, said: “The TOURISE Awards finalists truly embody the bold spirit of innovation and the warm embrace of hospitality that define the modern travel experience. These remarkable cities and regions are not only attracting visitors from across the globe; they are igniting imaginations, building bridges between cultures, and inspiring us all to see the world with fresh eyes. As Saudi Arabia leads the way in shaping a sustainable and transformative future for tourism, we are proud to celebrate destinations that set new standards of excellence. Each finalist leaves an indelible mark on every traveler, reminding us that meaningful exploration has the power to unite and inspire long after the journey ends.”
In the Spotlight: This Year’s Finalists
The 2025 TOURISE Awards finalists are:
Best Arts & Culture Destination: Kyoto, Paris, New York
Best Adventure Destination: Galapagos Islands, Bwindi Impenetrable National Park, Ancash
Best Food & Culinary Destination: Tokyo, London, Hong Kong
Best Shopping Destination: Singapore, Paris, London
Best Entertainment Destination: Seoul, Tokyo, Mexico City
Winners from each category will also have the chance to be named as the Best Overall Destination, handpicked by the esteemed TOURISE Awards jury.
The independent jury, responsible for expertly narrowing down the many nominations to today’s outstanding finalists, is a powerhouse of cross-industry trailblazers. Representing the very best from travel and tourism, fashion, culinary arts, retail, culture, adventure, and entertainment, these visionary leaders bring unparalleled expertise and passion to the TOURISE Awards. The panel includes:
Filip Boyen, Former CEO, Forbes Travel Guide
Michael Ellis, Former Global Director, Michelin Guides
Fiona Jeffery, Former Chair, World Travel Market; Former Chair, Tourism for Tomorrow Awards
Renaud de Lesquen, Former CEO, Givenchy; Former President, Dior AM
Lars Nittve, Former Founding Director, Tate Modern
Albert Read, Former Managing Director, Condé Nast
Caroline Rush, Former CEO, British Fashion Council
Omar Samra, UN Goodwill Ambassador, Mountaineer and Polar Explorer
Bernold Schroeder, Former CEO, Kempinski; Pan Pacific
The Final Countdown
The winners of the inaugural TOURISE Awards will be announced at a gala event on the opening night of the TOURISE Summit on November 11, in Riyadh. The TOURISE Awards are an extension of the TOURISE platform under the umbrella of the Saudi Arabia Ministry of Tourism, powered by Saudi Tourism Authority, in collaboration with global stakeholders.
TOURISE is the world’s premier platform for shaping the future of global tourism. A convening of bold leaders, policymakers, regulators, investors and future shapers from across industries, TOURISE will tackle challenges and unlock transformative opportunities, setting the agenda for a tourism sector that is responsible, equitable, and future-focused.
In Focus: Meet Your Finalists
Best Arts & Culture Destination
- Kyoto: Timeless Japan - serene gardens, iconic temples, and living crafts, all woven into a vibrant contemporary cultural fabric.
- Paris: Forever iconic - grand museums, blossoming contemporary art, and a performing arts scene that keeps the city’s creative spirit alive.
- New York: Culture at its peak - world-class museums, electrifying street art, and a creative pulse that powers everything from Broadway to borough beats.
- Galapagos Islands: Origins of wonder - volcanic beauty, marine diversity, and wildlife encounters that feel like a journey through time itself.
- Bwindi Impenetrable National Park: Into the wild - ancient forests, rare gorilla encounters, and a sense of nature’s power at every step.
- Ancash: Raw and real - untamed peaks, glacial lakes, and trails steeped in tradition, where adventure meets the warmth of local communities.
- Tokyo: Michelin-starred sushi to soulful ramen - centuries-old traditions meet an obsession with quality, making every bite an unforgettable experience.
- London: A cosmopolitan culinary powerhouse - Modern British kitchens, global flavors from every corner, and dining that spans haute cuisine to street classics.
- Hong Kong: A vertical feast - fine dining towers above dai pai dong stalls and noodle shops, blending heritage and global flavors in one dazzling cityscape.
- Singapore: Future-focused retail - design districts, luxury malls, and cultural markets in a city bridging East and West.
- Paris: Haute couture and beyond - legendary maisons, concept stores, and flea markets that mix timeless elegance with trendsetting flair.
- London: Heritage meets modernity - luxury flagships, creative hubs, and eclectic markets in a city that defines global style.
- Seoul: Innovation meets culture - K-pop arenas, cutting-edge entertainment, and nightlife that sets global trends.
- Tokyo: Unmatched energy - world-class shows, immersive attractions, and authentic local experiences in a city built for exhilaration.
- Mexico City: Pure vibrance - festivals, music, and a unique blend of tradition and modern fun that makes every night unforgettable.
About the TOURISE Awards
The TOURISE Awards are a global celebration of destination excellence, recognizing places that deliver travel experiences that are purposeful, unforgettable, and aligned with the evolving expectations of today’s travelers. Judged by a prestigious cross-sector jury, the Awards honor destinations across five categories - Arts & Culture, Adventure, Food & Culinary, Shopping, and Entertainment - culminating in the flagship Best Overall Destination award. The Awards spotlight innovation, sustainability, cultural preservation, and visitor impact, setting a new global standard for what makes a destination truly exceptional.
Find out more about the TOURISE Awards at www.TOURISE.com/awards
About TOURISE
TOURISE is the world’s premier platform shaping a new horizon for global tourism.
Powered by the Saudi Ministry of Tourism, the inaugural TOURISE Summit will take place 11-13, November 2025 in Riyadh. TOURISE will convene visionaries from government, business, investment, tourism and technology communities to deliver high impact initiatives and transformative deals that will reset the industry and build a tourism sector that is sustainable, equitable, and future-focused.
Physically exclusive and digitally inclusive, TOURISE will ensure broad global participation while providing targeted access to visionaries shaping the future of global tourism. Following the Summit, TOURISE will extend as a year-round platform where bold ideas become real-world solutions.
This is where the next 50 years of tourism are shaped. Together, we are unstoppable.
For more information about TOURISE, visit www.TOURISE.com and subscribe to the newsletter.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20251029909575/en/
Contact
For further details contact: media@TOURISE.com
Source : TOURISE
Sunday, November 2, 2025
Helical Fusion Achieves Milestone Toward Commercial Fusion Energy, Advancing to Integrated Demonstration Device
![]() |
Helical Fusion members celebrating the successful HTS test with an “HTS Graduation!” sign and graduation caps |
— World’s First Performance Test of a High-Temperature Superconducting Coil Under Conditions Replicating the Magnetic Environment Inside a Fusion Device —
TOKYO, Oct 30 (Bernama-BUSINESS WIRE) -- Helical Fusion Co., Ltd., a world-leading developer of the Helical Stellarator, has completed a critical performance test of a high-temperature superconducting (HTS) coil—a core component of commercial fusion reactors. The company has now commenced manufacturing and construction of its integrated demonstration device, Helix HARUKA.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251026597002/en/
Watch the key points of this release in a 2-minute video: https://youtu.be/UhgQHfKtvow
Helical Fusion is the only company in the world building upon expertise in the Helical Stellarator approach, accumulated for more than 60 years at national institutes and national universities, which has been proven to possess the optimal characteristics for commercial power generation. As the sole inheritor of this knowledge from the National Institute for Fusion Science (NIFS), Helical Fusion is driving the Helix Program to realize the world’s first commercially viable fusion power plant using the Helical Stellarator.
Under the Helix Program, the company aims to complete performance tests of its two key technologies—HTS magnets and the integrated blanket/divertor system—by the end of the 2020s. By the 2030s, Helical Fusion plans to achieve full system integration through Helix HARUKA and begin steady-state power generation with its fusion pilot plant, Helix KANATA.
About the Performance Test
Significance
This milestone marks the world's first successful demonstration of an HTS coil constructed with a fully-functional large-scale conductor:
1. The coil is based on a conductor cable designed for commercial fusion power plants' scale use 1
2. The test replicated the magnetic environment inside a fusion device 2, including both self-generated and external magnetic fields
3. Successfully conducted a current test under superconducting conditions
Using NIFS’s unique large-diameter, high-field testing facility, the conductor achieved stable superconducting current flow at 40 kA under a 7-tesla external magnetic field at 15 K (-258°C).
This result establishes Helical Fusion as one of the world’s leading contenders in the race toward commercial fusion energy and meets the technical threshold required to advance to the integrated demonstration device, Helix HARUKA.
Strong Collaboration with the National Laboratory and the Government
Since its founding in 2021, Helical Fusion has worked closely with NIFS through multiple joint research initiatives. In March 2024, a dedicated joint research team and lab space were established at NIFS to accelerate the development of HTS magnets and blanket/divertor systems - a model of Japan’s public-private partnership in fusion innovation.
The company’s progress is supported by Japan’s SBIR Phase 3 program, the first national grant scheme dedicated to fusion energy under the Ministry of Education, Culture, Sports, Science and Technology (MEXT). The establishment of this program was strongly initiated by Ms. Sanae Takaichi, the current Prime Minister of Japan, during her tenure as Minister for the Cabinet Office, where she championed the inclusion of fusion energy as a national strategic priority. Helical Fusion received the program’s largest amount, JPY 2 billion (≒USD 13 million).
Importance of HTS Magnet Development
Fusion reactors require magnetic fields strong enough to confine plasma exceeding 100 million degrees Celsius. For commercial plants, these fields must be generated efficiently and compactly — a challenge that makes HTS technology indispensable.
While many companies produce HTS materials, only a few possess the capability to design and engineer full-scale superconducting systems for real reactor environments. Helical Fusion’s success demonstrates its technical leadership in this domain.
About the Helix Program
The Helix Program targets the launch of the world’s first commercially viable fusion power plant in the 2030s through its Fusion Pilot Plant, Helix KANATA. The program defines three essential requirements for commercially viable fusion power:
1. Steady-state operation: 24/7/365 stable performance
2. Net electricity output: generating more energy than it consumes
3. Maintainability: regular, efficient component maintenance
Out of more than 50 fusion development projects worldwide—spanning tokamak and laser-based approaches—the Helical Stellarator is uniquely capable of meeting all three criteria with existing technologies. The Helix Program aims to be the world’s first initiative to realize all of these requirements by the 2030s.
Powered by a strong partnership with NIFS and supported by Japan's world-class manufacturing industry, Helical Fusion is committed to leading the global fusion energy sector—a market expected to reach trillions of dollars in scale in the coming decades.
Comment from Co-Founder, CEO Takaya Taguchi
This achievement is undoubtedly a remarkable laboratory milestone born from Japan’s strong collaboration between industry, government, and academia.
Yet, more importantly, it marks a global turning point — a moment when everyone pursuing or believing in commercial fusion must recognize Helical Fusion as one of the most promising contenders for realization.
I am immensely proud of our joint team with the National Institute for Fusion Science (NIFS) — the giant of fusion research from which our company originated — and deeply grateful to our Japanese manufacturing partners whose craftsmanship made this success possible.
As we move forward to the next stage, we invite the world to watch closely and share in the excitement of what comes next.
Comment from Co-Founder, CTO Junichi Miyazawa
The development of high-temperature superconducting (HTS) magnets marks a powerful shift from laboratory research to real-world implementation.
Over years of dedicated work, the global fusion community has advanced material and magnet technologies that did not even exist when I began our research — technologies that now give us strong confidence in achieving commercial fusion power.
This successful test is the culmination of many years of development and close collaboration with partners across academia and industry. We will channel our deepest gratitude into the continued progress of Helix HARUKA and Helix KANATA.
About Helical Fusion Co., Ltd.
Helical Fusion is a Japan-based startup developing the world’s first commercially viable net power fusion plant, leveraging the expertise of the Helical Stellarator and inheriting more than 60 years of national fusion research.
Helical Fusion has raised JPY 5.2 billion (≈USD 34 million) to date and targets commercial operation in the 2030s under its “Helix Program”.
| ___________________________________ |
| 1 This coil is made using advanced high-temperature superconducting (HTS) technology, and it was constructed without electrical insulation. Among all HTS coil technologies, this marks the world’s first successful test of uninsulated a large-scale HTS conductor-based coil. |
| 2 “the magnetic environment inside a fusion device” refers to a setting in which external magnetic fields—separate from those generated by the coil itself—are present, creating complex electromagnetic interactions between multiple currents through the magnetic field. In future fusion power plants, such environments are expected to include intense radiation, neutron flux, and even stronger magnetic fields. |
View source version on businesswire.com: https://www.businesswire.com/news/home/20251026597002/en/
Contact
Media contact: contact@helicalfusion.com
Source : Helical Fusion Co., Ltd.
--BERNAMA
Thursday, October 30, 2025
Curia Releases 2024 Environmental, Social and Governance (ESG) Report
Key accomplishments from the report include:
- In 2024, Curia committed to setting near-and long-term company-wide GHG emission reductions in line with climate science through the Science Based Target Initiative (SBTi) and joined the United Nations’ Race to Zero campaign, a global coalition of non-state entities working toward halving global emissions by 2030.
- Curia’s French facilities in Bon Encontre and Tonneins achieved ISO 9001, 45001 and 14001 certifications, and its sites in Origgio and Rozzano, Italy, achieved ISO 45001 and 14001 certifications. The company’s EHS Management System continues to mirror ISO 14001 and 45001 standards across all sites.
- 85% of Curia’s facilities exceeded one year without a recordable injury, with nine sites exceeding more than two years.
- Employees voluntarily devoted over 10,000 hours to learning on the company’s iLearn platform, powered by Skillsoft’s Percipio technology, which continues to offer learning resources for exempt-level employees globally.
- Curia’s DE&I Council continues to expand with a focus on providing a forum for discussion and a path for advancement for all employees.
“Our latest ESG report reflects our progress as a leader in the industry from reducing our environmental footprint to fostering a culture of safety, integrity and responsibility,” said Philip Macnabb, CEO of Curia. “As Curia continues to evolve, we know there is still more work to be done. Our ESG initiatives remain deeply intertwined with our approach to scientific innovation and operational excellence as we serve our customers and their patients.”
To read the full ESG report, visit: https://curiaglobal.com/about-us/corporate-responsibility/
About Curia
Curia is a contract research, development and manufacturing organization (CDMO) with over 30 years of experience, an integrated network of 20+ global sites and 3,200 employees, partnering with biopharmaceutical customers to bring life-changing therapies to market. Our offerings in small molecule, generic APIs and biologics span discovery through commercialization, with integrated regulatory, analytical and sterile fill-finish capabilities. Our scientific and process experts, along with our regulatory compliant facilities, provide a best-in-class experience across drug substance and drug product manufacturing. From curiosity to cure, we deliver every step to accelerate your research and improve patients’ lives. Visit us at curiaglobal.com.
| Corporate Contact: |
| Viana Bhagan |
| Curia |
| +1 518 512 2111 |
| corporatecommunications@CuriaGlobal.com SOURCE: Curia Global, Inc. |
Wednesday, October 22, 2025
AM Best to Spotlight APAC (Re)insurance Trends At SIRC 2025 Briefing
KUALA LUMPUR, Oct 21 (Bernama) -- Global credit rating agency, AM Best will hold its Insurance Market Briefing during the 21st Singapore International Reinsurance Conference (SIRC) on Nov 4 to discuss key trends and developments in the Asia-Pacific (APAC) (re)insurance markets.
The session will take place in the Heliconia Main Ballroom, Marina Bay Sands Expo and Convention Centre, where senior analytical leaders from AM Best’s APAC offices will share insights on the region’s (re)insurance landscape.
In a statement, AM Best said topics include operating conditions for (re)insurers in Northeast and Southeast Asia and a live mock rating committee presentation to demonstrate the factors influencing credit rating decisions. A networking reception will follow the session.
AM Best’s APAC market development team, led by AM Best Singapore chief executive officer, Rob Curtis, will also be present to engage with industry professionals throughout the conference.
Organised by the Singapore Reinsurers’ Association, SIRC is one of the world’s leading annual reinsurance gatherings. The 2025 edition, themed “Staying Ahead, Future Ready”, will run from Nov 3 to 6.
AM Best, a contributing broadcast partner, will provide daily coverage and interviews via AM Best TV under the SIRC 2025 playlist at www.ambest.tv/sirc25.
-- BERNAMA
Tuesday, October 21, 2025
NIPPON KINZOKU Newly Expands Sales of the “NK-305 Series” as an Eco-Product

Our proprietary equipment, designed with accumulated cold rolling expertise, and the industry-leading proprietary technologies developed by it, meet all your needs.
They significantly reduce residual magnetism after processing and greatly expand the possibilities for deep drawing.
TOKYO, Oct 21 (Bernama-BUSINESS WIRE) -- NIPPON KINZOKU CO., LTD. (TOKYO: 5491) (Headquarters: Minato-ku, Tokyo) is now strengthening sales of its stainless steel “NK-305 Series”, which achieves both low permeability (non-magnetic) and high deep-drawing formability, as the sixth installment in its environmentally conscious “Eco-Product” lineup.
This product addresses market needs such as improving the reliability of electronic components and supporting the increasing complexity of automotive parts. It contributes to enhancing performance and improving the productivity of our customers' products.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251020824470/en/
Development Background
In recent years, with the miniaturization and higher density of electronic devices and the lightweighting of automobiles, the metal materials used are increasingly required to simultaneously achieve higher levels of both low permeability properties that resist magnetization even after processing and deep drawability that enables the formation of complex shapes. However, achieving both of these properties simultaneously has been a difficult challenge with conventional stainless steel.
To meet these market needs, our company has developed the “NK-305 Series” using proprietary technology. We offer two steel grades that deliver optimal performance tailored to specific applications.
Features and Benefits of the NK-305 Series
1. NK-305S: Extremely low permeability for enhanced reliability of electronic components
It significantly suppresses the generation of magnetism during heavy processing, achieving properties that surpass those of SUS316 - a common low-permeability stainless steel. This makes it ideal for camera modules and various sensor components where magnetic interference must be minimized, contributing to the prevention of product malfunctions. Furthermore, cost reduction is possible by replacing SUS316 with NK-305S.
(Example applications: camera components, mobile device components, etc.)
2. NK-305Y: Excellent deep drawing properties improve productivity for complex-shaped parts
Exceptionally soft with excellent elongation, it handles demanding deep drawing processes. It facilitates forming complex automotive parts and other shapes that were previously difficult to manufacture, significantly contributing to improved processing efficiency and yield in customer production.
(Examples of applications: automotive parts, electronic component enclosures, etc.)
Click here for more details.
https://www.nipponkinzoku.co.jp/assets/images/2025/10/Newly-Expanding-Sales-of-the-NK-305-Series.pdf
Steel Strip Products Overview
https://www.nipponkinzoku.co.jp/en/corporate-profile/business/cold-rolled-stainless-steel-strip
About NIPPON KINZOKU Group
Our products have been used in a range of areas from the precision field to the construction industry. https://www.nipponkinzoku.co.jp/en/
View source version on businesswire.com:
https://www.businesswire.com/news/home/20251020824470/en/
Contact
NIPPON KINZOKU CO., LTD. Production Process & Support Department
TEL: +81-3-5765-8113
https://www.nipponkinzoku.co.jp/en/inquiry
Source : NIPPON KINZOKU CO., LTD.
GYMD Showcases Industrial AI and Digitalization Strength at Tech Week Singapore 2025
Throughout the exhibition, GYMD engaged with professionals from the manufacturing, artificial intelligence, logistics, and supply chain sectors worldwide. Visitors showed strong interest in the company’s latest achievements in industrial software and industrial AI applications, particularly in digital production management and data-driven factory operations.
GYMD’s on-site team delivered systematic demonstrations showcasing practical application scenarios and tangible business value. The team also held in-depth discussions with customers on industry practices and emerging technology trends, generating lively interaction and positive feedback throughout the event.
Rooted in Manufacturing, Expanding Across the Industrial Value Chain
Originating in the automotive industry, GYMD has developed a deep understanding of industrial operations and successfully integrated digital technologies with domain expertise. Its solutions, derived from real-world automotive production practices, now serve industries such as automotive, new energy, and electronics manufacturing. The company provides intelligent services covering the entire value chain from R&D and production to supply, sales, and after-sales.
To date, GYMD’s solutions have been successfully deployed in nearly 60 smart factories across more than 40 cities worldwide. Its operations have expanded from China to global markets. By leveraging its unified industrial platform, the company helps enterprises transform from isolated digital applications to fully intelligent operations, enabling shorter R&D cycles, lower defect rates, and improvements in overall manufacturing efficiency and competitiveness.
Empowering Global Practices and Building Localized Digital Ecosystems
With proven implementation capabilities, GYMD is accelerating its strategic expansion.
In 2024, GYMD began systematically empowering Agytek, its joint venture in Malaysia, by transferring mature digital transformation expertise and building a professional team. By aligning its solutions with local industrial strengths and market needs, GYMD is helping Agytek create a localized and sustainable digital ecosystem.
At the Proton Super Factory, GYMD implemented digital solutions that enhanced operational efficiency and set a new benchmark for intelligent manufacturing. The company developed a digital factory system characterized by flexibility, agility, intelligence, and transparency, offering end-to-end services across the automotive lifecycle, including R&D, intelligent manufacturing, logistics, and digital marketing.
Today, GYMD’s international business network spans 14 countries worldwide. During Tech Week Singapore, the company received partnership interest from enterprises in Singapore, Indonesia, Malaysia, Thailand, India, Vietnam, and other regions, demonstrating growing global momentum.
Through this exhibition, GYMD not only showcased its technological strength but also broadened its international vision and reinforced its commitment to advancing global digital transformation. Looking ahead, the company will continue to build on its strong manufacturing foundation to deliver high-quality, practical, and scalable solutions that drive intelligent industrial upgrades around the world.
Company: GYMD Digital Technology Co., Ltd.
Contact Person: David
Email: geega-bm@geely.com
Website: https://www.geega.com/en/
Telephone: 15510031213
City: Chongqing
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b76d49c5-9392-49bd-b661-4ceb76fad9f1
https://www.globenewswire.com/NewsRoom/AttachmentNg/3e26b7ae-236c-4777-8aef-f98da3fcb6a8
https://www.globenewswire.com/NewsRoom/AttachmentNg/741c7fd3-88fd-496d-b884-ee672f39c440
SOURCE: GYMD Digital Technology Co., Ltd.
Sunday, October 19, 2025
Multiply Group Announces Plans to Acquire 2PointZero and Ghitha Holding via Share Swap
· The proposed acquisition forms part of Multiply Group’s broader strategy to build scale, enhance portfolio synergies, and drive long-term value.
· The transaction remains subject to shareholder and regulatory approvals, with further details to be announced upon completion of the review process.
ABU DHABI, United Arab Emirates, Oct 16 (Bernama-BUSINESS WIRE) -- Multiply Group (ADX: MULTIPLY), the Abu Dhabi-based investment holding company that invests in and operates businesses globally, today announced that its Board has approved a proposal to acquire 2PointZero and Ghitha Holding through a share swap transaction.
Under the proposed terms, Multiply Group would offer shares to acquire 2PointZero and Ghitha Holding, followed by the issuance of new shares to complete the transaction. The transaction is currently under review and remains subject to shareholder and regulatory approvals.
2PointZero is a transformational investment company with scalable assets in energy, mining, and financial services, serving as an AI enabler and energy transition accelerator driving a smarter, more sustainable future. Ghitha Holding is a leading conglomerate spanning agriculture, food production, and distribution operations that play a vital role in food security. Together, these businesses represent complementary strengths across the Energy and Consumer sectors, two fundamental pillars of every economy, powering everyday life and advancing the global transition toward cleaner, smarter systems.
The transaction is expected to enhance operational and investment efficiency across Multiply Group’s portfolio by consolidating complementary assets under a single listed platform.
Syed Basar Shueb, Chairman of Multiply Group, commented: “This transaction represents a natural evolution of our portfolio strategy, designed to optimize scale and strengthen the platforms we have built over the past years. Multiply’s offer to acquire 2PointZero and Ghitha reflects our strategic approach to value creation and our long-term focus on building globally competitive investment entities that deliver sustainable shareholder value.”
Samia Bouazza, Group CEO and Managing Director of Multiply Group, added: “This strategic merger is more than a consolidation of balance sheets – it’s the convergence of vision, purpose, capital, megathemes, and exceptional teams. Together, we are forming an AED 120 billion balanced and diversified investment group spanning energy, food, logistics, packaging, mining, apparel, media, mobility and beauty. Through these companies, spread across 85 countries, we aim to serve 1 billion human beings, globally. Our focus is to grow our bottom line both organically and inorganically, to unlock value through AI, and to deliver consistent, long-term returns for our shareholders.”
The transaction will be executed through a share swap, with Multiply Group issuing approximately 23.36 billion new shares to acquire 2PointZero and Ghitha Holding, increasing its share capital from AED 2.8 billion to AED 8.64 billion. Upon completion, the merged entity will comprise 34.56 billion shares, marking a significant expansion of Multiply Group’s capital base.
This strategic acquisition via reorganization remains subject to shareholder and regulatory approvals, with additional details to be disclosed following completion of the review process.
ABOUT MULTIPLY GROUP
Multiply Group PJSC is an Abu Dhabi-based investment holding company that globally invests and operates in transformative, cash-generating businesses.
Known for its trademark growth mindset, Multiply Group will continue to deploy capital across its two distinct arms, both of which follow a disciplined approach to investing and ensure consistent, sustainable value creation for our shareholders in the short-, medium- and long-term:
Multiply, the investments and operations in long-term strategic verticals, currently investing and operating in Mobility, Energy, Media & Communications, Wellness & Beauty, Retail & Apparel, and Packaging. Anchor investments provide long-term recurring income, through which bolt-on acquisitions are made.
Multiply+, extends our global reach — investing across sectors and asset classes with one aim: unlocking returns through disciplined capital allocation.
For more information, visit www.multiply.ae
*Source: AETOSWire
View source version on businesswire.com: https://www.businesswire.com/news/home/20251015664554/en/
Contact
Wassim El Jurdi
Multiply Group
E: wassim@multiply.ae
Rawad Khattar
Weber Shandwick
E: rkhattar@webershandwick.com
Source : Multiply Group
--BERNAMA
Thursday, October 16, 2025
Datavault AI Signs Letter of Intent to Acquire NYIAX, Expanding Patented Information Data Exchange and Commercial Footprint
Acquisition Will Position Datavault AI as a Leader in Privacy-First Data Monetization and Ultrasonic Advertising, with Anticipated Launches of Key Exchanges on Horizon
This strategic acquisition will build on Datavault AI’s prior licensing agreement with NYIAX for the Company’s patented ADIO® ultrasonic technology, now bringing NYIAX fully into the Datavault AI ecosystem. The integration enhances Datavault AI’s patented Information Data Exchange® (IDE) by adding transparent, automated trading capabilities across asset classes. Upcoming launches are expected to include the International Elements Exchange (IEE), International NIL Exchange, and American Political Exchange (APE), each set to debut over the next two quarters. These platforms will enable secure, real-time trading of data assets, NIL rights, and political information — all underpinned by AI analytics and blockchain security.
NYIAX delivers a proprietary trading platform built on intellectual property jointly owned with Nasdaq and powered by blockchain. This platform merges the rigor of financial market infrastructure with the evolving needs of modern industries. In addition to its marketplace leadership in the advertising industry, NYIAX’s technology and IP are portable across asset classes — including fintech, healthcare, retail, and entertainment — extending reach into industries undergoing significant transformation and requiring advanced trading capabilities.
Empowering a New Era of Data-Driven Innovation
“This acquisition will mark a transformative milestone for Datavault AI, uniting our AI expertise with NYIAX’s proven exchange technology to create unparalleled value in data monetization,” said Nathaniel Bradley, CEO of Datavault AI. “By bringing NYIAX under our brand, we’re not just expanding our technology suite — we’re accelerating the launch of groundbreaking exchanges that will redefine how industries handle data with integrity, privacy, and efficiency. The combined company is poised to lead in Web 3.0 solutions across sports, entertainment, fintech, and beyond.”
The integration will leverage Datavault AI’s ADIO® technology — already licensed to NYIAX — for ultrasonic advertising that embeds inaudible data in audio streams, reaching audiences in venues, broadcasts, and retail environments without compromising privacy. Paired with NYIAX’s exchange, this creates a seamless marketplace for trading ultrasonic ad inventory alongside traditional media contracts, supported by Datavault AI’s AI-driven tools — DataScore®, DataValue®, and DataBank® — for real-time valuation and liquidity.
“Joining Datavault AI marks the beginning of a new era for NYIAX,” said Teri Gallo, CEO of NYIAX. “Together, we’re redefining how markets operate — combining financial-market rigor with innovative, privacy-first technologies to unlock new opportunities for partners worldwide in advertising and beyond.”
The transaction is expected to close in Q1 2026, pending regulatory and Datavault AI stockholder approvals, positioning the combined company to capitalize on rising demand for secure, AI-enhanced data ecosystems. For more information, visit www.dvlt.ai.
About Datavault AI
Datavault AI (Nasdaq: DVLT) is a leader in AI-driven data valuation, monetization, and acoustic technologies. Its patented Information Data Exchange® (IDE) enables secure, privacy-first trading of data assets across industries. Datavault AI’s solutions — including ADIO® ultrasonic advertising, DataScore®, DataValue®, and DataBank® — empower businesses to unlock new value from data with financial-grade security and real-time intelligence. Learn more at www.dvlt.ai.
About NYIAX
NYIAX delivers a proprietary trading platform built on intellectual property jointly owned with Nasdaq and powered by blockchain. Purpose-built to bring financial-market standards to advertising, the platform enables transparent, automated trading of future media and data contracts. Beyond advertising, NYIAX’s patented technology is designed to extend across asset classes and sectors — including fintech, healthcare, retail, and entertainment — driving efficiency, trust, and growth in global markets. For more information, visit: https://www.nyiax.com/
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as “expect,” “will,” “anticipates,” “continues” and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, future acquisition strategy and timelines, licensing and data exchange initiatives, and planned changes to the advisory boards and board of directors, patent initiatives, patent infringement and patent defense strategies as well as the successful implementation of the patented technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: our ability to enter into definitive documentation with respect to the transaction referred to in this press release; our ability to satisfy the closing conditions with respect thereto and close the transaction on the anticipated timeline or at all; risks regarding our ability to realize the anticipated benefits from such transaction; risks regarding our ability to utilize the assets we have acquired to successfully grow our market share; risks regarding our ability to open up new revenue streams; receipt of regulatory approval for the data exchanges mentioned in this press release and other risks with respect to our ability to implement such exchanges; our current liquidity position and the need to obtain additional financing to support ongoing operations; risks regarding our ability to monetize the bitcoin that we have acquired and close the final tranche of our previously disclosed bitcoin investment; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement our technologies into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law.
Additional Information and Where to Find It
In connection with the proposed Asset Purchase, Datavault intends to file with the SEC a definitive proxy statement. The definitive proxy statement for Datavault (if and when available) will be mailed to stockholders of Datavault. Datavault STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS THAT MAY BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED ASSET PURCHASE.
Datavault stockholders will be able to obtain free copies of these documents (if and when available) and other documents containing important information about Datavault and NYIAX, once such documents are filed with the SEC, through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed with the SEC will also be made available free of charge by contacting Datavault using the contact information below.
Participants in the Solicitation
Datavault and its directors, executive officers and other members of its management and employees may be deemed to be participants in the solicitation of proxies from Datavault’s stockholders in connection with the Asset Purchase. Stockholders are urged to carefully read the proxy statement regarding the Asset Purchase when it becomes available, because it will contain important information. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of Datavault’s stockholders in connection with the Asset Purchase will be set forth in the proxy statement when it is filed with the SEC. Information about Datavault’s executive officers and directors will be set forth in the proxy statement relating to the Asset Purchase when it becomes available. You can obtain free copies of these and other documents containing relevant information at the SEC’s website at www.sec.gov or by directing a request to the address or phone number set forth below.
Media Inquiries
marketing@dvlt.ai
Investor Contact
800.491.9665
datavaultinvestors@allianceadvisors.com
SOURCE: Datavault AI Inc.
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