Archive for the ‘Agreements and Contracts concluded’ Category

Taoping Inc. expands into Asian market

Saturday, December 15th, 2018

Taoping Inc., the leading provider of cloud-based ad terminals and services in the out-of-home advertising, based in the BVI and headquartered in China, announced that it has entered into strategic cooperation agreements with two companies: Asia Taoping Pte. Ltd. and Singapore Taoping Pte. Ltd. Both companies are the local partners of the BVI company.

According to the agreement, Asia Taoping will operate company sharing new media in South and Southeast Asia market, while Singapore Taoping will operate Taoping sharing new media in Singapore.

The Chairman and CEO of Taoping Inc., Mr. Jianghuai Lin commented on the new strategic agreements: “The expansion into the Asia market is another important move of our overseas development plan following TAOP’s successful landing in Toronto last month… The booming E-commerce market and increasing mobile app usage in Southeast Asia creates the conditions for the success of our ‘Smart IoT Terminal – Taoping Net/App – Taoping E-store’ lifestyle media ecosystem. We look forward to seeing more local businesses benefiting from our platform.”

Origin Agritech announced establishment of two new joint ventures

Saturday, October 13th, 2018

Origin Agritech Ltd., BVI-incorporated and China-based agriculture technology and rural e-commerce company, announced the establishment of two new joint ventures – Anhui Aoyu Zhongye Technology Ltd., of which Origin holds 50% of equity, and Xuzhou Aoyu Agricultural Technology Ltd., of which the company holds 51%. Five agricultural product distributors are investing partners in each of these joint ventures.

These two joint ventures, as well as the Hubei Aoyu Agricultural Technology Limited, became the cornerstone of the Origin e-Commune Network, based on the e-commerce technologies and BVI company’s strong brand equity across rural China.

Luxoft Holding launches new platform together with Vantage Power

Friday, September 21st, 2018

Luxoft Holding, Inc., global IT service provider having its registered office in the British Virgin Islands, and Vantage Power who designs and manufactures technologies for connection of powertrains in heavy-duty vehicles, launch VPVision, a next-generation fleet performance and diagnostics platform designed to improve performance and reliability of hybrid and electric heavy-duty vehicles.

The VPVision platform is already successfully tested on hybrid London buses, using Amazon Web Sevices (AWS) to help reduce vehicle emissions. It combines in-depth technical knowledge of hybrid and electric powertrain components, including lithium-ion batteries, with cloud based telemetry software. By using AWS Luxoft designed software set that includes remote fault diagnostics, performance optimization, prognostics, geo-fencing and over-the-air software updates.

Luxoft Holding and Pegasystems Inc. creating new mobility services platform

Friday, June 15th, 2018

BVI-registered IT service provider Luxoft Holding, Inc. and Pegasystems Inc., the software company providing customer engagement at the world’s leading enterprises, have established a partnership to make the cloud-based mobility services platform for carmakers. The platform will change the focus from using software to change the in-car user experience to creating a holistic customer experience that covers every customer touchpoint.

Mikael Söderberg, Senior Technical Director, of Luxoft Automotive, said in his comments: “This platform acts as a blueprint that allows carmakers to own the customer experience by making more out of their customer data. By taking control of their software, carmakers can shape how people interact with their brand from the point of purchase.”

The mobility services platform will incorporate different features including rider management, service management, predictive diagnostics, mobile communication, and mobility services. It can be integrated into other cloud platforms, and can personalize the car by associating attributes to the user’s individual profile. It will be based on Pega Platform™, the industry-leading application development platform, and integrated with Luxoft’s Linux-based open source platform.