Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
News Release Digital Asset Direct

Plus One Robotics’ Parcel Handling Solutions Recognized by DHL’s Logistics Trend Radar

Plus One Robotics

Plus One Robotics, a global solutions provider of a vision-enhanced and AI-based parcel handling platform for intralogistics applications announced today that its PickOne induction solution and Yonder remote supervision software have been recognized by DHL’s Logistics Trend Radar 6.0, an established thought leadership publication and strategic tool encompassing major trends impacting the logistics industry. The Trend Radar lists the PickOne induction solution under Stationary Robots – Robotic Picking and Placing; deeming it highly relevant and impactful to the future of logistics. Also categorized by DHL under Remote Work & Teleportation, Yonder was recognized for its human-in-the-loop capabilities for remotely protecting logistics operations from disruption. “DHL is a trailblazer for innovative automation solutions in the logistics industry,” said Robert Nilsson, Chief Revenue Officer at Plus One Robotics. “To have our parcel handling solutions be recognized in their Logistics Trend Radar as highly impactful to the future of logistics is an honor. We’re committed to improving our solutions every day and value this recognition.” PickOne’s induction solution uses AI to identify objects for pick-and-place applications. When AI is unable to identify objects, a human teleoperator receives an alert message via Yonder human-in-the-Loop supervisor software and can gain access to and control of the robotic arm from a remote service center. The AI system learns from this intervention to further improve its capabilities if similar situations occur in the future, helping to minimize downtime. According to the Trend Radar, this AI-human collaboration indicates the potential to create new jobs through widespread implementation of robotic solutions in warehouses and manufacturing environments by upskilling existing labor. "DHL's Logistics Trend Radar was created to provide a comprehensive overview of the most meaningful innovation in the logistics space with both near term and long term impact, like Plus One Robotics" said Ben Perlson, Senior Innovation Manager at DHL. "I've seen first-hand how Plus One's PickOne and Yonder solutions can improve operational efficiency and look forward to seeing how they continue to improve the capabilities of these pick and place robotic systems in the years to come." Plus One Robotics is recognized as the fastest and most reliable parcel handling robotics platform, picking more than 500,000,000 parcels globally, currently an industry-leading metric. PickOne’s induction solution provides optimized picking and placing of mixed parcels, bags, and products for high-volume ecommerce fulfillment and distribution centers. The award-winning AI vision software easily sorts and classifies new package shapes and types, boosting throughput rates while experiencing less downtime. About PLUS ONE ROBOTICS Plus One Robotics provides the fastest and most reliable parcel handling robotics platform in the world. Founded in 2016 by computer vision and robotics industry experts, Plus One's intelligent solutions combine computer vision, AI, and supervised autonomy to pick parcels for leading logistics and ecommerce organizations in the Global 100. Plus One is headquartered in San Antonio with offices in Boulder, Pittsburgh, and The Netherlands. Visit www.plusonerobotics.com for more information, and follow us on LinkedIn, Twitter, YouTube, and Facebook. Plus One Robotics platform for parcel handling has recently achieved its 500 th million pick. Plus One Robotics 639 Bill Mitchell Blvd. Ste. 185 San Antonio, TX 78226 Web: www.plusonerobotics.com Tel: +1 210 664-3200 info@plusonerobotics.com Contact Details Alex Patterson +1 210-404-4763 alex.patterson@plusonerobotics.com

December 06, 2022 08:30 AM Central Standard Time

Image

What Do The Midterm Results Mean For The Markets? Dive Into Policy Monitoring With FiscalNote (NYSE: NOTE)

Benzinga

Midterm Elections often result in a loss of power for the incumbent political party, but current data suggests that this may not be the case this year. With the President representing the Democratic party, many experts and speculators predicted a Republican “Red Wave,” a sweeping Republican takeover of the Senate and the House. As of this writing, the “Red Wave” has yet to surface. In fact, Republicans lost a seat in the Senate, but have made significant strides in the House. Currently, 220 Republicans hold House seats compared to the Democrats’ 211, and only 218 seats are required for a majority. The Senate remains up for grabs; Republicans currently hold 49 seats, while the Democrats occupy 50. With many anticipating conclusive results in December, current voting data suggests that a single-party rule over both the Senate and the House (i.e. Congress) may not be in the books for this presidential campaign. What does this information mean for investors? The Impact Of Midterm Elections On The Market A gridlocked Congress is generally considered favorable for the market. For bills or legislation to be passed, both parts of Congress must accept the Bill before it can be sent to the President for final approval. With each political party in control of one-half of Congress, the likelihood that market-changing Bills will pass greatly diminishes. Thus, Congress’s gridlocked state reduces investor risk. The passing of Bills can be quite influential on securities. The Infrastructure Bill passed by President Biden, for example, provided a catalyst for the price ascensions of a number of stocks involved in construction like Home Depot Inc. (NYSE: HD) and Caterpillar Inc. (NYSE: CAT). Likewise, a vaccination mandate during the Covid-19 pandemic provided a catalyst for the price ascensions of biopharmaceuticals like Pfizer Inc. (NYSE: PFE) and Moderna Corp. (NASDAQ: MRNA). Certain government policies can have a drastic impact on the value of securities, and investors need to beware of these to manage risk and spot opportunities. How FiscalNote Can Help You Spot Opportunities And Risks As an agency specialized in collecting data on the regulatory processes in the U.S. and abroad, FiscalNote (NYSE: NOTE) may be an ideal candidate for helping investors track important policy changes. FiscalNote’s business premise revolves around keeping stakeholders in the know about policies that directly affect them, their business, their stakeholders and their investments. This is no easy task: Since World War II, Congress has typically enacted 4 million to 6 million words of new law in each two-year Congress, according to GovTrack. This data does not include European laws and bills. FiscalNote’s policy-monitoring solutions take the hard work out of tracking policy changes. By collating and personalizing local, state, federal and global policy into one neatly packaged digital solution, FiscalNote simplifies the political landscape. The FiscalNote platform, for example, allows customers to monitor policy issues, manage and engage stakeholders and increase team efficiency through one digital platform. Other FiscalNote solutions allow customers to: Track and report key state legislation and regulations Stay ahead of policy changes within cities, counties, school districts and state boards Discover, monitor and take action on global policy developments Expand and customize team efforts Monitor and understand European Union legislation Glean actionable policy insights from on the Hill with CQ News Manage PAC donations from a centralized platform Constantly shifting policies make the economic landscape unpredictable, presenting opportunities and threats along the way. This year’s Midterm Elections may still create market uncertainty, and FiscalNote reportedly has the tools to help you navigate through them safely. Click here to learn how to navigate the post-election landscape. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

December 06, 2022 08:00 AM Eastern Standard Time

Oasys Completes Strategic Funding Round From Galaxy Interactive and Nexon

Oasys

SINGAPORE - Media OutReach - 6 December 2022 - Oasys, a gaming-optimized blockchain built by gamers for gamers, today announces that it has successfully closed a strategic funding round, with participation from Galaxy Interactive, South Korean gaming giant Nexon, the company behind the hit gaming franchises MapleStory and Dungeon Fighter Online, as well as Presto Labs, MZ Web3 Fund, Hyperithm, Jets Capital, Jsquare, AAG, YJM Games, and ChainGuardians. A core objective of the strategic funding round is to enhance Oasys’ ecosystem, by way of strengthening its validator network as well as expanding its pool of gaming partners. The partnerships forged with the investors in the strategic round will also continue to create additional opportunities for the growth of Oasys, along with its different stakeholders. Following the strategic funding round, Oasys also announced the conclusion of its public token sale held from 30 November 2022 to 4 December 2022, which saw its funding goal reached within 12 hours, with commitment from 60 countries. Oasys’ public token sale is an important milestone which allows the general public (excluding US-based investors) to invest in Oasys for the first time. Earlier this year, Oasys completed a USD 20 million private token sale round, led by Republic Crypto, and announced its Mainnet launch in October. Daiki Moriyama, Director, Oasys, said: “The wake of the recent incidents in the Web3 industry have emphasized the importance of building a decentralized and robust business — one premised on creating quality games and gaming content. Through the support and valuable expertise of leading game developers, the largest institutional backers in Web 3, and individual investors from all over the world, we will bring about a new breed of blockchain games with the gameplay and unparalleled experience the community desires.” Richard Kim, General Partner, Galaxy Interactive, added: “Oasys shares our vision to increase mainstream adoption of blockchain gaming, through its public L1 and private L2 solution built for game developers and users. We’re thrilled to join the Oasys community, and work alongside passionate publishers, developers, and crypto-native partners to bring legacy gaming IPs on-chain and execute this vision.” Galaxy Interactive is one of the most active venture investors in video games, immersive virtual worlds, and the technology and marketplaces powering digital identities, with approximately USD 800 million in AUM and investments in more than 100 companies. Oasys also enjoys strong institutional support from some of the most established traditional and Web3 gaming institutions including Square Enix, Bandai Namco Research, SEGA, Ubisoft, Netmarble, NEOWIZ, Com2uS and Yield Guild Games. With strong support from its institutional backers, Oasys is fully focused on growing its ecosystem and enhancing user experiences. Oasys is committed to its mission of leading the global expansion of blockchain games and bringing new gaming experiences to players and developers alike. About Oasys Oasys was established in February 2022 to increase mainstream play-and-earn adoption, and at launch, committed to partnering with 21 gaming and Web3 tech companies to act as validators, such as Bandai Namco Research, SEGA, Ubisoft and Yield Guild Games. Led by a team of blockchain experts and joining forces with the biggest gaming company names to serve as the initial validators, Oasys is revolutionizing the gaming industry with its Proof-of-Stake (PoS) based blockchain. With a focus on creating an ecosystem for gamers and developers to distribute and develop blockchain-based games, Oasys solves the problems game developers face when building games on the blockchain. The trifecta approach of the fastest network powered by the gaming community, a scalable network powered by AAA game developers and the blockchain offering the best user experience with fast transactions and zero gas fees for users, readies participants to enter the Oasys and play. For more information, please visit: Website: https://www.oasys.games Twitter: https://twitter.com/oasys_games Discord: http://discord.gg/oasysgames Contact Details Vanessa Low oasys@wachsman.com Company Website https://www.oasys.games/

December 05, 2022 08:58 PM Eastern Standard Time

Image

News Release

Are You Confident About Your Vehicle’s Repairs?

AutoTech IQ

Many car owners dread making an appointment with auto repair shops because they feel unprepared to carry on a discussion with the service adviser about the need and cost of repairs. That lack of preparation creates unease over whether to even go to the shop for fear of being ripped off. AutoTechIQ.com was created to make car owners overcome that initial fear by being preeducated and confident about what symptoms and related fixes are typical for their specific vehicle type and compare the visible and audible symptoms their vehicle shows with images, videos and descriptions in articles. A typical example is a squealing noise while driving. How Does Preeducation Make Me Confident? By preeducating yourself before a meeting with the shop, you’ll ensure that you have the proper details to share with a service adviser. For example, if your car starts emitting oil-like odors, you can browse through AutoTechIQ and find articles that cover oil-related issues, such as “Why does my car smells like burning oil?” Then, by reading the article’s content and comparing the images and videos with your vehicle’s symptoms, you’ll rule out potential problems and their fixes. Note that AutoTechIQ’s articles feature images, videos and sound representations of typical issues that point to specific symptoms. There, you’ll also find information about certain vehicles’ years, makes and models that commonly portray these symptoms and the usual faulty parts involved. Get the knowledge you need and share it with your go-to auto shop; this will make a discussion about the service’s budget more transparent and precise. What Is the Best Approach When Engaging the Service Adviser? Often, shops focus on fixing the symptom and send you back on the road. That approach implies less money spent on an individual visit but adds up over time. Tell the service adviser about the symptom and ask for a digital vehicle health inspection, which will give you the entire vehicle’s state of health. The best approach when dealing with a service adviser during car service is to ask for a digital vehicle health inspection. This type of inspection aims to make you aware of your car’s current condition and future risks; it creates a state of health for your car. This approach focuses on saving you money in the long run by showing your vehicle’s “possible upcoming issues” and how impactful they can be for your wallet and your safety. Why Repairs Based on the State of Health Save You Money Once the state of health information is in your hands, showing in red, yellow and green and substantiated with images and videos and notes what your vehicle’s health is, you can engage the service adviser in what needs to be done now (red), can be deferred (yellow) and is in mint condition (green). Certified AutoTechIQ shops follow a process guaranteeing a comprehensive report, which lets you budget the current and upcoming repairs. If the shop is certified the digital vehicle health inspection is called a Digital Auto Checkup. More specifically, the state of health record shows, in color-based categories, what type of risk your vehicle has. The colors identify as: Red: Needs urgent assessment Yellow: Can be deferred Green: Mint condition at the time of inspection This is also substantiated with images, videos and notes to clarify the condition as much as possible. When taking your car to a certified AutoTechIQ shop, you’ll have education-focused service. The state of health they offer will be a comprehensive report where you’ll budget the current and upcoming repairs confidently. Note that for AutoTechIQ-certified shops, the term you can use for this inspection is Digital Auto Checkup. Why Is It Important to Ask for a Digital Auto Checkup? Many auto repair shops listen to your concern and immediately provide a solution. When you go to any doctor for a symptom checkup, does the doctor immediately diagnose you? Typically they don’t do that unless you are in the emergency room. Instead, they’ll check your vital signs, test your blood and conduct other testing procedures. The same goes for your vehicle during car service. First, you establish baseline health before addressing the main symptom. The vehicle’s bill of health is called Digital Auto Checkup or Digital Vehicle Health Inspection. What Do You Get From AutoTechIQ as a Car Owner? The majority of car owners dread the appointment at an auto repair shop. To counter that, the shops in AutoTechIQ ’s network put your education and professional service as top priority. Additionally, the shops you’ll find in AutoTechIQ’s business directories follow these criteria: The business has at least 100 Google reviews with an average score higher than 4.5 out of 5. A digital vehicle health inspection is consistently relied upon to examine the health of your vehicle and covers at least 35 topics. The documentation of mint and problem conditions uses images and videos to give you complete transparency. Contact Details AutoTech IQ AutoTech IQ +1 866-678-8505 support@AutoTechIQ.com Company Website https://www.autotechiq.com/

December 05, 2022 04:02 PM Eastern Standard Time

Apple, CEO Tim Cook Can’t Ignore China Risks Any Longer

National Legal & Policy Center

As the Wall Street Journal reported over the weekend, Apple Inc. is belatedly taking steps to diversify its supply chain as it experiences costly delays – just as the holiday shopping season ramps up – in getting its merchandise to consumers, due to the company’s overdependency on production in communist China. The troubles were absolutely foreseeable, but Apple’s board and CEO Tim Cook have demonstrated they have a huge blind spot when it comes to the oppressive dictatorship. They espoused all the benefits of working with and in China, while failing to account for the human and financial costs of doing business with the brutal regime. Apple even willfully cooperates with the communist government by removing apps from its platform, censoring content, hosting cloud content where it is accessible by the regime, and most recently removing a private peer-to-peer Airdrop sharing function on Chinese customers’ iPhones. As a result, National Legal and Policy Center – which owns stock in the Cupertino, Calif. tech giant – will sponsor a shareholder proposal at the company’s next annual meeting in March 2023. “Tim Cook and Apple’s board got caught with their pants down. Stronger leadership would have seen this coming,” said Paul Chesser, director of NLPC’s Corporate Integrity Project. “The company has now heard from U.S. Senators from both political parties about ‘doing, in effect, the bidding’ of the Chinese Communist Party, and its immoral reliance on Chinese labor.” “Mr. Cook refused to respond to questions from the media about Apple’s unhealthy entanglements with the communist government, but shareholders expect him to not be so evasive when they demand answers.” The text of NLPC’s proposal for a “Communist China Audit” report for Apple’s 2023 annual meeting follows: RESOLVED: Shareholders request that, beginning in 2023, Apple Inc. report annually to shareholders on the nature and extent to which corporate operations depend on, and are vulnerable to, Communist China, which is a serial human rights violator, a geopolitical threat, and an adversary to the United States. The report should exclude confidential business information but provide shareholders with a sense of the Company’s reliance on activities conducted within, and under control of, the Communist Chinese government. Supporting Statement: American companies doing business in China is a controversial public policy issue, according to an April 2, 2021 CNN report titled, “Doing business in China is difficult. A clash over human rights is making it harder.” Apple does business in – and relies on materials, parts, labor and/or services from – entities in China. China is a serial violator of human and political rights. China is also hostile to the U.S. for a variety of reasons, including: — China intends to displace the U.S. as the lone global superpower by 2049; — The U.S. has committed to defend Taiwan, which China has asserted is part of its country and may attempt to seize by force; — U.S.-China relations are tense over a number of issues including China’s military expansion; egregious human rights violations; actions related to the COVID pandemic; intellectual property theft; relentless espionage; elimination of freedom in Hong Kong; and environmental pollution. China has also indicated that it would use its industrial capabilities for strategic purposes against adversaries. Many Chinese companies – which are ultimately under the control of the Communist government – are vulnerable to the U.S. Holding Foreign Companies Accountable Act, do not adhere to basic auditing standards, and are therefore untrustworthy. China, and by extension the companies it controls, were also identified in the U.S. State Department’s 2022 Trafficking in Persons Report as a state sponsor of human trafficking. They are now subject to the Uyghur Forced Labor Prevention Act, which imposes strict verification of parts and products imported from China, that they are not generated from slave labor. Apple’s extensive ties to China also breed reputational risk for the company. For example, while the company funds groups that promote the interests of homosexual and transgender individuals, the Communist government persistently and vigorously cracks down on those forms of identity. A July 2022 joint statement from the leaders of the British and American domestic intelligence agencies warned that the Communist Chinese Party is the greatest threat to the international order. “We consistently see that it’s the Chinese government that poses the biggest long-term threat to our economic and national security, and by ‘our,’ I mean both of our nations, along with our allies in Europe and elsewhere,” said Federal Bureau of Investigation Director Christopher Wray. Given the controversial, if not dangerous, nature of doing business in and with China, shareholders have the right to know the extent to which Apple’s business operations depend on Communist China. Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. ### For more information or to schedule an interview with Paul Chesser, contact Dan Rene at drene@nlpc.org. Please visit http://www.nlpc.org. Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. Contact Details National Legal and Policy Center Paul Chesser +1 703-237-1970 pchesser@nlpc.org Company Website http://www.nlpc.org

December 05, 2022 10:28 AM Eastern Standard Time

Clean Room Primer Group Announces Speakers for Final 2022 Roadshow Event in Los Angeles

Clean Room Primer

The Clean Room Primer Group today announces its selection of headline speakers for its upcoming event in Los Angeles, California on Tuesday, December 6, 2022. The mission of the group is to demystify data clean rooms and help marketing and advertising professionals adapt and use them in a privacy-safe marketing environment. The Los Angeles event marks the fourth and final in the Group’s first series of events, all geared to expand on use cases and offer real-world examples on usage of data clean rooms. The industry speakers headlining the Los Angeles event include: Alice Stratton, Chief Revenue Officer, Habu Christine Grammier, Head of Solutions, LiveRamp Richard Sobel, Chief Executive Officer, Marcato Solutions Valerie Mercurio, Director Business Development, InfoSum Verl Allen, Chief Executive Officer, Claravine “We are excited to close out our inaugural 2022 Roadshow in Los Angeles. The success of our events over the last several weeks has been inspiring to witness. We’re ready to continue spearheading the notion that clean room collaboration is necessary from all major industry stakeholder groups including brands, agencies, tech providers and publishers,” said Adam Gelles, co-founder of the Clean Room Primer group and CEO, The B2B Marketing Company. “With a privacy-centric year for advertising and marketing ahead of us, first-party data strategies are becoming synonymous with success.” The group has co-authored an initial piece of educational material – The Clean Room Primer – a white paper covering clean room taxonomy and definitions; use cases; and a look at the future. The white paper was released during the group’s inaugural event at Advertising Week in New York City in October. To further its momentum, The Clean Room Primer Group will continue to educate the industry on the advantages of leveraging data clean rooms with events planned in 2023 at CES, SXSW and more. For more information and to register for the event, click here. About The Clean Room Primer Group The Clean Room Primer is an ad-hoc consortium of advertising industry executives with a shared mission of providing marketers, agencies, and publishers with a reliable and expert source on data clean rooms, their use and implementation best practices. Helping the industry prepare for a new privacy landscape. Inaugural participating companies include Habu, LiveRamp, InfoSum, Claravine, Kite Hill Public Relations, Marcato Solutions, The B2B Marketing Company, Neustar and Merkle. For more information, visit CleanRoomPrimer.com and follow on LinkedIn and Twitter. About The B2B Marketing Company We are a leading provider of business marketing and revenue generating programs for high growth, mid-market and enterprise companies. Our clients have included Microsoft, GumGum, Integral Ad Science, Spectrum Reach, Adobe and many others across technology, media and entertainment, transportation and financial services companies. We provide clients marketing, evangelism, content and excellence programs using our proven methodologies and processes that have generated over hundreds of millions of dollars for B2B brands. Learn more at www.theb2bmarketing.co. Contact Details Michael Kocher cleandata@kitehillpr.com

December 05, 2022 09:57 AM Eastern Standard Time

Aver Exchange, the World’s First Fully Decentralised Web3 Betting Exchange, Launches User Interface Redesign

Aver

Aver Exchange, a decentralised sports betting and prediction exchange on the Solana blockchain, announced today that the application has undergone its first user interface (UI) redesign. The upgraded application is currently live and supporting active trading. The new user interface is the result of months of community feedback, technical development, and back testing from the Aver development team. Key improvements and new features: A cleaner aesthetic providing more efficient trading and an increase in available data and information An upgraded search algorithm allowing participants to more easily find markets, discover similar markets, and view previously resolved markets Connection to the exchange via email and other single sign-on (SSO) portals Improved cross-device functionality for participants on the go Two different trading interfaces: Simple Mode and Pro Mode for different preferences and experience levels "We're very excited by the progress we've seen from the Aver development team and the UI redesign cements Aver as an industry leader in decentralised sports betting and prediction markets” said David Toh, partner at Mirana Ventures. “They continue to improve their product and strive for the best user experience possible. We are excited for what the Aver team produces next." The redesign comes five months after the launch of the exchange’s public beta on the Solana mainnet on July 1, 2022. Aver is a decentralised, peer-to-peer betting exchange built on the Solana blockchain. It enables trustless trading, settlement and resolution of bets and predictions - without reliance on any individuals or third-parties. Contact Details Press Contact press@aver.exchange Company Website https://aver.exchange

December 05, 2022 04:00 AM Eastern Standard Time

Video

Affirm’s Budgeting Tips for the Holiday Shopping Season

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/p9Es_lAlsAQ Amid inflation, managing your money has never been more important - especially during the holiday season. Affirm recently revealed that nearly half of Americans pointed to budgeting for all of the purchases they need to make this holiday season – for everything from gifts to travel to hosting – as one of their top sources of stress. Katrina Holt – Financial Health Expert, Affirm recently conducted a nationwide media tour discussing the top budgeting tips ahead of the holiday season to help you manage your finances. Top insights that Katrina Holt shared included: ● Tips on how shoppers can better manage their finances this holiday shopping season, especially amidst increased costs o Affirm’s data shows that 60% of Americans typically exceed their holiday shopping budget, with about 50% going over by up to $500. ● How transparent, flexible payment options, like Affirm, can be a useful budgeting tool and help shoppers take control of their finances ● The gotchas and gimmicks that consumers should keep an eye out for when they shop, especially 0% APR credit card promotions that often come with deferred interest that results in a balloon payment later ● Why consumers should rethink swiping their credit cards this year to avoid excessive fees Affirm offers eligible consumers the ability to pay over time, surfacing customized biweekly and monthly payment plans for each purchase. Unlike credit cards and other buy now, pay later options, Affirm evaluates every transaction individually before responsibly extending access to credit. Through a free, soft credit check that doesn’t impact consumers’ credit scores, Affirm determines eligibility and helps protect borrowers from overextending themselves. Since the company’s founding over a decade ago, Affirm has never charged a penny in late or hidden fees. For more information, visit Affirm.com Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

December 02, 2022 02:03 PM Eastern Standard Time

Video

The Company With A Big Smile This Black Friday

Bruush Oral Care Inc.

Read The Latest Report About Brüush. Brüush Oral Care Inc. (NASDAQ: BRSH) is back - after a strong Thanksgiving weekend, the leading electric toothbrush company announced record revenue, with over $500,000 of revenues for the month of November, representing year-over-year growth of over 50%. The long, post-Thanksgiving weekend stretching from Black Friday to Cyber Monday is a frenetic time for shops and shoppers alike. Spending totaled $188 billion in 2020, and with things back to normal this year, consumer activity is returning to pre-pandemic levels. In response to modern consumer needs, much Black Friday sales activity has moved online - with a record-breaking $9.12 billion spent online this year - and Brüush is riding this digital market wave. The Vancouver-based toothbrush company, boasting a cutting-edge product and strong online presence, saw one of its strongest weekends of sales in company history this Thanksgiving. Brüush sells top-of-the-line electric toothbrushes and is looking to become a leader in an oral care market worth $33.7 billion. The company, which already has a big smile over its partnership with comedian Kevin Hart, is delighted with this significant weekend of sales and record numbers of Brüush subscriptions and individual purchases. Brüushing Ahead This Black Friday Brüush can be proud of a strong weekend with record revenue from sales that provide significant growth for the company. The company believes that it is poised to become a leading provider of oral hygiene products going forward. As well as its strong individual kit sales, the company saw a boom in its subscription service, with 35,000 subscribers versus 28,000 before its IPO in August. The company’s individual toothbrush kits come with an electric brush and 3 replaceable heads, while its highly affordable subscription service provides 3 replacement heads every 6 months for only $21.60. Brüush’s mid-range pricing - with kits starting at only $80 - makes its brushes an attractive option compared with competitors. These include electric brushes from Oral B, owned by Procter and Gamble (NYSE: PG) and Koninklijke Philips ’ (NYSE: PHG) product, Sonicare. Along with its affordable price tag, Brüush offers a premium product that it claims gives the best teeth cleaning in the market. The Brüush brushes at 42,000 strokes per minute - compared with the average electric brush that brushes just 30,000 times - and removes over 20% more plaque than a manual brush. Its batteries last an industry-leading 4 weeks on a single charge, and the brushes have a 2-year warranty, though the company is confident it won’t be needed. The mid-range prices that provide top-quality oral hygiene results - along with savvy digital marketing - make Brüush popular among millennials, with 18-45-year-olds forming the largest segment of the company's customer base. Building on its resounding Thanksgiving successes, Brüush reports it will be launching a range of oral hygiene products in 2023 to complement its toothbrushes, including a line of toothpaste, floss, mouthwash, and more. Want to read more about Brüush? Visit its website. About Bruush Oral Care Inc. Bruush Oral Care Inc. is on a mission to inspire confidence through brighter smiles and better oral health. Founded in 2018, Brüush is an oral care company that is disrupting the space by reducing the barriers between consumers and access to premium oral care products. The Company is an e-commerce business with a product portfolio that currently consists of a sonic-powered electric toothbrush kit and brush head refills. Brüush has developed a product to make upgrading to an electric brush appealing with three core priorities in mind: (i) a high-quality electric toothbrush at a more affordable price than a comparable electric toothbrush from the competition; (ii) a sleek, countertop-friendly design; and (iii) a convenient brush head refill subscription program that eliminates the frustrating experience of purchasing replacement brush heads at the grocery/drug store. The Company is rooted in building a brand that creates relevant experiences and content, with the goal of becoming the go-to oral care brand for millennials and Generation Z.For more information on Bruush Oral Care Inc visit https://bruush.com. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details TraDigital IR - Colette Eymontt colette@tradigitalir.com Company Website http://www.tradigitalir.com

December 02, 2022 11:15 AM Eastern Standard Time

1 ... 330 331 332 333 334 ... 593