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HungryPanda Honours Top Chinese Restaurants in the UK at Global Golden Panda Award Gala

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LONDON, March 18, 2024 /PRNewswire/ — HungryPanda, the world’s leading overseas Asian food delivery platform hosted the 2023 Golden Panda Award Gala on Friday March 1 at the Pan Pacific Hotel in London, UK.

This year’s gala held particular significance as it occurred not far from where HungryPanda was founded – The University of Nottingham, where CEO and Founder, Eric Liu was studying.

The ‘Golden Panda Award’ is a symbol of excellence in the global overseas Chinese food industry, setting the highest standard for culinary achievement. It stands as the world’s exclusive international honour specifically dedicated to recognizing restaurant businesses in the food delivery sector.

“Our commitment to promoting and celebrating outstanding achievements in international Asian cuisine is embodied by the ‘Golden Panda Award’,” said Kelu Liu, CEO of HungryPanda. “We are deeply appreciative of the overwhelming support from our esteemed speakers, attendees and especially our restaurant merchants and delivery riders, who are the driving force behind HungryPanda’s success.”

This year, 247 HungryPanda merchants worldwide received the esteemed Golden Panda Award honour, 43 of which are located in the UK.

“Our team at JinLi is truly grateful to have been selected for HungryPanda’s Best Restaurant Award list,” said Martin Ma, CEO of JinLi. “In a sea of amazing Asian restaurants across the UK, it’s truly humbling to stand out. We deeply appreciate HungryPanda’s belief in us and their recognition of the richness and promise inherent in Asian cuisine.”

Despite the UK and other European regions taking pride in their unique culinary traditions, the continuously increasing market share of Asian cuisine in recent years sufficiently demonstrates its immense potential for growth. Particularly in the UK, there is an abundance of Asian-inspired culinary and cultural experiences.

The rising popularity of Asian cuisine in the UK and Europe signifies more than a gastronomic trend; it reflects a growing cultural integration which requires efforts not only meet the demand for authentic Asian cuisine among expats but also promote a broader cultural appreciation, demonstrating the unifying power of food.

“I’m inspired the positive impact HungryPanda is making for Chinese people living overseas,” said Jack Perry, Chairman of the 48 Group Club. “China’s rich cultural heritage deserves to be cherished, and it brings me great joy to see companies like HungryPanda embracing the diverse flavours of Asia.”

Mark Logan MP shared his sentiments, remarking, “Given my personal love and experience in Chinese culture, it was an honour to be part of this year’s ‘Golden Panda Award Gala’. HungryPanda’s dedication to fostering community across the globe is truly commendable.”

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The gala fostered a supportive, innovative, and collaborative environment, emphasizing the importance of experiencing authentic Asian cuisine outside of Asia. Participants engaged in discussions centred around themes of home and pride, highlighting the cultural significance of Asian culinary traditions and the pride associated with sharing these traditions globally.

“The ‘Golden Panda Award Gala’ showed the power of collaboration and innovation in advancing the culinary landscape and serving the people of APAC regions, whether residing abroad or traveling,” said Weixiang Dong, President of Chinese Catering Culture Association.

Beyond the recognition of restaurant merchants, users and delivery riders, the gala serves as a summit for global food delivery industry, offering industry insights, trends and predications aimed at expanding the Asian food market scale, advancing the commercialization processes and setting a global and ethical benchmark within the Asian food delivery industry.

Alipay+, the cross-border mobile payments and marketing platform operated by Ant International, delivered a keynote speech on the rise of digital wallets globally and their significance as the leading payment method for both online and offline transactions.

“Digital wallets in APAC, excluding China, more than doubled their share of e-commerce transaction value over the past five years,” said Eva Zhang, CEO of Alipay+ UK. “Streamlined payment processes not only enhance user satisfaction but also provide merchants with the added benefit of reduced transaction costs.”

Recognizing HungryPanda’s pivotal role, Rupert Hoogewerf, Founder of HURUN, affirmed, “I admire the work HungryPanda is doing and was delighted to award its founding members spots on the Hurun U30 and U35 lists. What HungryPanda is doing is to build one of the most interesting Chinese diaspora platforms, centred around the growth of the Asian food industry .”

HungryPanda’s online ordering platform provides a tailored user experience to Asian users living and traveling abroad, bridging cultural and language barriers. Additionally, it empowers Asian restaurants to connect with the right customers and provide efficient delivery services. For more information please visit https://www.hungrypanda.co/ or follow HungryPanda on LinkedIn, Instagram and Facebook. 

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About HungryPanda
Founded in 2017, HungryPanda is currently the largest overseas Asian food delivery platform and the only food delivery platform to rank in Deloitte’s 2021 UK Technology Fast 50. Starting in Nottingham, U.K., HungryPanda has expanded to more than 80 cities in 10 countries: the U.K., France, Italy, the U.S., Canada, Australia, New Zealand, Japan, South Korea and Singapore. Currently, HungryPanda works with over 40,000 riders, 60,000 merchants and serves over 3.5 million users worldwide. This year, HungryPanda sets sights on $1 billion in gross transaction volume. For more information visit https://www.hungrypanda.co/

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DataLend: 2024 Securities Lending Revenue Down 10% YoY to $9.64 Billion

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Lending revenue dips against backdrop of record-high indices

NEW YORK, Jan. 2, 2025 /PRNewswire/ — The global securities finance industry generated $9.64 billion in revenue for lenders in 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 10.3% decrease from the $10.74 billion generated in 2023.

Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, totaled an additional $2.57 billion in revenue for 2024, a 9.9% decrease from 2023.

Equity lending revenues fell 13% globally, with North America revenue declining 15% and EMEA revenue dropping 24%. In North America, the cause for the revenue decline was a 19% decrease in average fees, while in EMEA, fees and balances decreased 16% and 11%, respectively. Equity lending revenues in APAC were largely flat year-over-year.

Global sovereign debt revenue increased by 8% over 2023, with U.S. treasuries making up the lion’s share of the gains. Treasuries were up 16% year-over-year, driven by a 14% growth in balances.

In corporate debt lending, global revenue declined by 21% as a regression from a record 2023 continued. Fees were the main culprit, with a steep 29% decrease driving the year-over-year decline in revenue.

The top five earning securities in 2024 were Sirius XM Holdings (SIRI US), Lucid Group (LCID US), Beyond Meat Inc. (BYND US), Tempus AI Inc. (TEM US) and Trump Media & Technology Group (DJT US). The five securities in total generated $644 million for lenders over the course of 2024, a significant dip from the $1.11 billion generated by 2023’s top five earners.

Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA or clicking the following link: https://blinks.bloomberg.com/screens/apps%20orbisa.

About DataLend
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com 

About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. EquiLend has offices in North America, EMEA and Asia-Pacific and is regulated in jurisdictions around the globe. www.equilend.com

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Bookkeeping in USA: Empower Business Growth and Success with IBN Technologies

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NEW YORK, Jan. 2, 2025 /PRNewswire/ — In a dynamic and increasingly complex business environment, small businesses across the USA are experiencing a growing need for expert financial management solutions. Bookkeeping in USA, a critical yet often overlooked business function, is proving essential for companies striving to stay competitive, compliant, and efficient.

Recent studies highlight the importance of tailored bookkeeping solutions to address challenges such as fluctuating tax laws, rising operational costs, and stringent compliance requirements. The demand for professional bookkeeping services in USA has surged, showcasing their role in fostering small business resilience and growth.

Click here: Get 50% Off and Simplify Your Bookkeeping USA

The Role of Bookkeeping in Small Business Success

Bookkeeping in USA offers small business owners’ clarity and control over their financial health. As the business landscape evolves, it is becoming a strategic necessity rather than just a support function. Challenges like tax compliance, cash flow management, and accurate financial reporting require dedicated expertise, which many small business owners find daunting to handle independently.

Insights from Industry Experts

“Small businesses are the backbone of our economy, and they deserve tools that empower them to succeed,” says Ajay Mehta, CEO of IBN Technologies. “Bookkeeping services enable entrepreneurs to focus on their strengths while ensuring their financial bases are secure.”

IBN Technologies has positioned itself as a leader in this space, offering streamlined bookkeeping services that align with industry standards and leverage cutting-edge technology. The company’s solutions are designed to help businesses avoid costly financial missteps, manage cash flow effectively, and maintain compliance with ever-changing regulations.

Modernizing Bookkeeping with Technology

The adoption of cloud-based bookkeeping solutions marks a transformative step forward for small businesses. Real-time access to financial data, enhanced security, and seamless collaboration between business owners and financial experts have made these tools indispensable. IBN Technologies integrates state-of-the-art technology into its services, ensuring clients can monitor their finances anytime, anywhere.

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Addressing Tax Compliance and Financial Challenges

One of the most significant challenges for small businesses in the USA is navigating the complex web of federal and state tax laws. IBN Technologies specializes in offering tax-ready to serve bookkeeping in USA that not only mitigate the risk of audits but also identify potential tax savings. This dual approach has enabled many businesses to achieve better financial outcomes while reducing stress.

About IBN Technologies

IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth.

Contact Details:
Pradip
[email protected]
+1 – 844 – 644 – 8440

USA:

IBN Technologies LLC
66 West Flagler Street Suite 900 Miami, FL 33130

India: Global Delivery Centre

IBN Technologies Limited
Kohinoor House, 2nd floor,
691/A/1B, Plot no. 7,
Bibwewadi Road, Pune-411037

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CUBE COMPLETES ACQUISITION OF THOMSON REUTERS REGULATORY INTELLIGENCE AND ODEN BUSINESSES

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  • Acquisition delivers an expanded customer base with a deep global subject matter expertise network that further powers CUBE’s RegBrain AI across its industry proven SaaS RegPlatform™
  • CUBE continues to see strong organic customer growth in its well-established enterprise sector whilst also accelerating growth across the mid-market sector
  •  2024 was a year of strategic milestones for CUBE including the partnership with Hg, expanding its global footprint across six main hubs, the acquisition of Reg-Room and Thomson Reuters Regulatory Intelligence and Oden businesses, together with pivotal board and executive appointments

LONDON, Jan. 2, 2025 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has today formally announced the completion of its acquisition of the Thomson Reuters Regulatory Intelligence and Oden businesses on 31 December 2024.

The acquisition of these global businesses is another step forward in CUBE’s growth plans as a leader in regulatory intelligence. It will supplement and enhance CUBE’s ability to deliver significant scale across many of the world’s leading and systemically important financial institutions. CUBE’s global customer base will expand to total approximately 1,000 customers in banking, insurance, asset and investment management, payments and adjacent regulated industries.

CUBE’s Founder and CEO, Ben Richmond, said: “The completion of this acquisition is a major milestone for CUBE in a year that has seen many important milestones including our strategic partnership with Hg, the acquisition of Reg-Room, and the acquisition of Thomson Reuters Regulatory Intelligence and Oden businesses.”

“Thomson Reuters is best known in the industry for providing regulatory analysis and subject matter expertise combined with world-leading journalism and news,” said Ben Richmond. “The powerful combination of CUBE’s AI and the years of human generated content curated by Thomson Reuters Regulatory Intelligence and Oden subject matter experts sets us apart in the industry. This new dimension at CUBE will accelerate innovation and drive further growth and opportunity in 2025 and beyond.”

Following the announcement of its strategic partnership with Hg in March 2024, CUBE has now completed two transformational US-based acquisitions across three businesses whilst continuing to assemble a highly experienced executive team. CUBE’s continued impressive growth saw its presence in the enterprise sector surpassing 200 customers and now represents around 40% of Tier 1 financial institutions globally. In the mid-market sector, serving small and medium sized enterprises, CUBE now has near 800 customers.

With this growth CUBE solidified its global footprint by establishing offices across its six main hubs focused on customer support and implementation; with the number of employees at CUBE doubling to near 700 and a comparable increase in the number of countries where CUBE’s employees are located, which now totals 15 countries.

Ben Richmond said: “We are excited to welcome all of our new colleagues to CUBE – 2025 promises to be yet another significant year for the business as we continue to deliver further innovation focused on automating regulatory compliance and risk management for our customers.”

The definitive agreement was originally announced in May 2024 and terms were not disclosed.

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