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iTradeNetwork Features Blue Book Ratings and Scores in iTradeMarketplace

iTradeNetwork

As a recently established Blue Book Registered Developer, iTradeNetwork, the food and beverage industry’s largest network with over 8,000 food and beverage trading partners, is delivering real-time access to Blue Book Ratings and Scores through the iTradeMarketplace platform. Now iTradeMarketplace users who are also Blue Book Services subscribers can view a company’s Blue Book Rating and Blue Book Score within the iTradeMarketplace platform. This integration provides maximum efficiency for end-users to view critical Blue Book information before a business transaction. “As we worked with our produce customers to build the iTradeMarketplace features, we repeatedly heard the need to have quick, easy access to Blue Book Ratings and Scores. This integration delivers on that vital industry need,” said Nathan Romney, chief product officer of iTradeNetwork. “We welcome iTradeNetwork as a Blue Book Registered Developer,” said Mark Erickson, Senior Vice President of Blue Book Services. “Our mission is to provide Blue Book content where, when and how members need it. So, the arrangement with iTradeNetwork is a very good fit and provides a useful complement to the suite of content, analytics and tools now available via Blue Book Online Services.” A free 30-day trial of the data integration is available for iTradeMarketplace users who do not currently subscribe to Blue Book Services. About Blue Book Services, Inc. Since 1901, Blue Book Services, Inc. has been the leader in providing the domestic and international fresh produce and exempt transportation industries with timely, accurate and reliable credit and marketing information. Produce suppliers, buyers, brokers and transporters alike rely on Blue Book ratings, reports, and information to make safe, informed and profitable business decisions. Blue Book Service also includes a full range of dispute resolution services, including collections, mediations, and arbitrations. About iTradeNetwork iTradeNetwork, Inc. is the leading global provider of supply chain management solutions for the food and beverage industry. Built upon deep industry expertise, a rich data foundation and the industries’ most extensive trading partner network, iTradeNetwork’s collaborative solutions allow distributors, manufacturers, operators, retailers, suppliers and wholesalers of all sizes to reduce cost, grow revenue and strengthen trading partner relationships. Today, iTradeNetwork’s growing customer list includes more than 8,000 companies globally. For more information, visit: www.itradenetwork.com. Media, please note: Visual assets, including photos, are available. To interview ITN’s CEO Rhonda Bassett-Spiers or for other interview requests, please contact Robin Carr at (415) 971-3991 or itn@landispr.com. ### Contact Details Landis Communications Inc. Robin Carr +1 415-971-3991 itn@landispr.com Blue Book Services, Inc. Jeff Lair +1 630-668-3500 jlair@bluebookservices.com Company Website https://www.itradenetwork.com/

December 01, 2021 07:51 AM Pacific Standard Time

UK SMEs forge ahead with cautious optimism as post-pandemic business confidence grows

Stockwood Strategy

Despite lingering anxieties about the pandemic and a variety of economic and commercial issues, the majority of SMEs believe it is now imperative to begin building back from the crisis. They are ready to step up their business investment, with ambitious plans for recruitment, renewal of equipment and machinery, and both domestic and international expansion. Fintech business lender MarketFinance asked 2,000 SME owners across the UK about their outlook for 2022 and beyond, gauging their short and long-term plans for business investment and growth. MarketFinance has today released a comprehensive research report of its findings. Confidence Analysis of the survey results has shown that business confidence amongst SMEs is improving, with many firms now focused on recovery and growth. With pandemic disruptions now largely settled, half of SMEs (48%) expect their turnover to stabilise or to increase over the next 12 months. Similarly, 50% of SMEs expect demand for their products or services to stabilise or to increase over the next six months. MarketFinance’s research has found that the majority of SMEs (63%) expect their business to grow over the next three years Investment With survival mode no longer a necessity and cash flow pressures beginning to ease, the vast majority of SMEs (70%) now feel confident enough to increase business investment over the next 12 months. A quarter of SMEs plan to hire new staff, while 24% expect to purchase new equipment and machinery. When asked how they were factoring borrowing into their investment plans, 23% of SMEs said access to a broader range of borrowing options could enable them to increase investment even further. Borrowing The research findings demonstrate that borrowing will play a key role in recovery and growth with 62% of SMEs saying that prudent borrowing could help them fund growth. However, three quarters (71%) of SMEs do not believe traditional banking products are the most obvious and convenient way to borrow for investment. Despite this lack of alignment between current finance needs and the options available through traditional routes, more than a third of SMEs (37%) are looking to take on new borrowing facilities. Growth With confidence high and a sense of having moved beyond recovery and into a new stage of growth, many businesses are looking forward to seizing a host of opportunities in 2022. Almost all SMEs surveyed (81%) plan to invest in sustainability, while 30% say they are considering merger and acquisition (M&A) activity in the year ahead – more than twice as many as those primarily focusing on organic growth (14%). Over a third of businesses (34%) say they already sell overseas, or have plans to begin doing so. That figure is highest amongst the largest businesses surveyed (turnover between £5m and £6.5m) but even amongst smaller enterprises significant numbers are focused on export. Anil Stocker, CEO at MarketFinance, commented: “ It’s clear that the business environment has shifted and SMEs are looking ahead with a quietly confident and cautiously optimistic view. UK businesses intend to ramp up growth through domestic and international expansion, digital transformation and even M&A activity. But as they reset their post-pandemic goals for a post-pandemic, they’ll need to be confident of their funding base. Given that so many SMEs are looking outside of traditional routes in their search for finance, we’re particularly proud to have been accredited by the British Business Bank as one of the few alternative providers under The Recovery Loan Scheme. Schemes like the RLS are a golden opportunity for SMEs looking to gear up for growth, providing easily accessible funding at a lower cost across a wide range of products. We expect to see a large number of SMEs taking advantage of the scheme over the next 6 months as their growth and expansion efforts gain momentum and they invest in ambitious plans for 2022 and beyond.” About MarketFinance MarketFinance is a fintech business lender which believes that SMEs are building the world. By making finance frictionless, they’re solving the cash flow issues getting in the way of progress. MarketFinance uses smart technology to deliver better access to faster, more affordable finance; with one-to-one help whenever businesses need it. Since 2011, MarketFinance has advanced over £2.6 billion worth of invoices and loans, enabling thousands of UK businesses to bridge today’s funding gaps and fuel tomorrow’s big ambitions. MarketFinance is an accredited Recover Loan Scheme lender and has a wide-reaching network of strategic partners including Barclays Bank UK PLC, Tide, Equals Group and Ebury. MarketFinance is backed by Barclays Bank UK PLC, Mouro Capital, Paul Forster (co-founder of Indeed.com) European venture capital fund Northzone (invested in Klarna, iZettle and Trustpilot), Viola Capital and private equity group MCI Capital (also invested in iZettle, Azimo and Gett). Further information visit: www.marketfinance.com Contact Details MarketFinance Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://marketfinance.com/

December 01, 2021 08:00 AM Eastern Standard Time

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Paralyzed Veterans of America says air travel often dangerous and inhumane for people with disabilities

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/Uhqo8SsWXIM As the busiest travel season of the year kicks off, Paralyzed Veterans of America (PVA) is sounding the alarm about serious issues people with disabilities still face when traveling by plane. Broken wheelchairs, injuries from improper transfers to and from airline seats, and no access to in-flight restrooms are common problems paralyzed veterans, and others with disabilities, routinely experience when flying. Air travel remains decades behind public spaces on land, even 35 years after the Air Carrier Access Act mandated changes. PVA has been fighting for accessibility for all people with disabilities for 75 years and is asking the public to help push for change. On November 17, in conjunction with YourUpdate TV, Charles Brown, the national president of Paralyzed Veterans of America conducted a nationwide media tour to address these issues. Charles was critically injured two years ago after improperly trained airline personnel dropped him onto the jetbridge during a transfer from his wheelchair to an aisle chair to board the plane. The fall broke his tailbone and caused an infection that he barely survived. He spent months in the hospital recovering. Charles says he and other paralyzed veterans frequently experience horrendous conditions when they fly. “It is unacceptable that 35 years after the legislation was passed, someone in a wheelchair still can’t access a bathroom on an airplane and risks serious injury or death because airline personnel are not properly trained,” said Brown. “These are basic safety and civil rights issues, and every American should be outraged.” Accessibility issues affect 65 million Americans with disabilities, which could include someone in your family now or in the future, and this number will grow as the population ages. To learn more about accessible travel and to support PVA’s fight, visit pva.org/travel. About Paralyzed Veterans of America: For 75 years, Paralyzed Veterans of America has been the only Veterans service organization dedicated solely to helping Veterans with spinal cord injuries and disorders (SCI/D), and diseases like MS and ALS. Our team of legislative advocates, architects, medical professionals, lawyers and other highly trained professionals strive to ensure that every Veteran regains the freedom, independence and quality of life they fought for. PVA is a major support system for our nation’s paralyzed heroes, their families and caregivers, ensuring quality healthcare, securing earned benefits, fighting for disability civil rights, making America more accessible, helping Veterans find meaningful careers, empowering them through sports, recreation and wellness programs, and funding both research and education in search for a cure and improved care and autonomy for individuals with paralysis. Operating more than 70 offices in all 50 states, the District of Columbia and Puerto Rico, PVA helps paralyzed Veterans and all people with disabilities live fuller, more productive lives. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

November 30, 2021 05:00 PM Eastern Standard Time

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ThreatModeler Launches IaC-Assist and CloudModeler to Reduce Threat Drift from Code to Cloud

ThreatModeler Software, Inc.

ThreatModeler, a leader in securing cloud infrastructure from design to deployment, today announced the launch of IaC-Assist and CloudModeler, enabling organizations to implement true DevSecOps. The latest iteration of the company’s technology provides continuous visibility into undiscovered flaws in application design through infrastructure-as-code (IaC) in real-time. Today, many organizations are adopting IaC to help streamline their operations. However, this can open up businesses of all sizes to a variety of new threats. IaC-Assist allows DevOps teams to continuously evaluate their IaC on-the-fly. It improves developer productivity by identifying the design flaw or vulnerability, explaining the issue represented, and providing just-in-time contextual guidance for revision. ThreatModeler embodies secure-by-design principles to provide actionable insights through continuous monitoring, so DevOps teams can detect and remediate security flaws before they become code vulnerabilities. By enabling developers to understand the full scope of their code, this update’s instant remediation capabilities simultaneously minimize risk and ensure sufficient compliance and governance protocols post-deployment. “We’ve learned that security practitioners are concerned about the speed of cloud migration because security policies are often overlooked during deployment,” said Archie Agarwal, Founder and CEO, ThreatModeler. “With the launch of IaC-Assist, ThreatModeler is bringing security into the development environment, providing real-time guidance as DevOps teams write Infrastructure-as-Code. ” With CloudModeler and IaC-Assist, ThreatModeler now enables organizations to reduce their threat drift from code to cloud. “CloudModeler did not just empower our team with visibility into the threats facing our cloud infrastructure,” said Abhishek Rath, Sr. Product Security Engineer, Sisense. “It also enables us to push security to the left in our CDLC. The real-time capabilities of CloudModeler illustrated the interconnectivity of our product data, empowering us to determine how to secure our growing technology offerings most efficiently.” IaC-Assist eliminates a whole security sprint, reducing the manual labor required to scan and remediate security threats. Its patent-pending technology integrates into the CI/CD pipeline and encourages a more proactive, preventative approach to cloud security that saves organizations time, money and resources. To learn more about the latest updates to ThreatModeler Software, Inc.’s suite of products, please visit here. About ThreatModeler Software, Inc. ThreatModeler Software, Inc.’s suite of products empowers DevOps to measure their threat drift from code to cloud. With a fraction of the time and cost tied to other tools, users can design, build and validate threat drift from development to deployment. Teams can instantly visualize their attack surface, understand security requirements and prioritize steps to mitigate threats. CISOs can make critical security-driven business decisions to scale their infrastructure for growth. Contact Details Lumina Communications Michael Stolyar ThreatModeler@LuminaPR.com

November 29, 2021 09:00 AM Eastern Standard Time

Supply Chain Issues in America: How Did it Get so Bad?

YourUpdateTV

Have you been wondering why everything from cars and refrigerators to books and toys is in short supply? As the U.S. economy struggles to fully recover from the coronavirus pandemic, supply-chain disruptions across the country are driving up prices and leading to a growing shortage of goods. U.S. Chamber of Commerce has been convening retailers, shippers, port operators, and others to develop concrete steps to help alleviate the bottlenecks in the supply chain. On November 18 John Drake, vice president for supply chain policy at the U.S. Chamber of Commerce conducted a nationwide media tour in conjunction with D S Simon Media and YourUpdate TV to discuss how supply chain issues will impact your holiday shopping and what the Chamber is hoping government will need to do to ease the problem. For more information, visit https://www.uschamber.com/ About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

November 24, 2021 12:00 PM Eastern Standard Time

Give the Gift of Travel this Holiday Season

YourUpdateTV

As shoppers face anxiety around delivery delays and supply chain shortages across the country, memories might be proving more meaningful than materialistic gifts. Recently, Communications Lead for North America at Airbnb, Liz DeBold Fusco, teamed with YourUpdateTV on a satellite media tour to talk travel and how to skip the stress of holiday shopping. A video accompanying this announcement is available at: https://youtu.be/QpbgsaoIxCM After so much time spent apart from loved ones due to lockdowns and travel restrictions, people are excited to gather around the table with family again. As of the end of September, Airbnb recorded over 40% more nights booked for Thanksgiving week in the US than at the same time in 2019. Seasonal destinations known for spectacular holiday festivals and light shows, as well as college football towns, are trending with guests throughout the holiday season. Earlier this month, the US -- which historically is the largest inbound travel market in the world -- loosened its travel restrictions leading to sudden increases in interest among travelers. According to a 2021 Oracle Retail consumer research study of 5,728 global consumers, “when asked what gifts they plan to buy more of this year, gift cards emerged as the top contender with 34% planning to buy more gift cards (60% of Boomers and 44% of women said that gift cards is the gift they would also most like to receive)”. It’s no surprise that Airbnb guests are craving a variety of experiences to share with others over the holidays. Between October 1, 2020 through September 30, 2021 over 510,000 Airbnb gift cards have been purchased. [1] With an Airbnb gift card, your audience doesn’t need to worry about delays in delivery or limited inventory. They’ll simply need to purchase a gift card via airbnb.com/giftcards and have it delivered instantly via text or email. Airbnb’s array of offerings allow for you to give a gift tailored for your loved ones, whether seeking IRL getaways or virtual adventures. Holiday shoppers can head to airbnb.com/giftcards -- and you can always check out airbnb.com to discover stays, Experience or learn how you can become a Host. About Liz DeBold Fusco: Liz DeBold Fusco is a Communications Lead for North America for Airbnb. Prior to that, she was a Vice President at SKDKnickerbocker, a national public affairs firm, where she provided strategic communications guidance to organizations ranging from the NAACP and Demos to The Rockefeller Foundation and AT&T. Liz has also worked for the Mayor's Fund to Advance New York City and New York City First Lady Chirlane McCray as well as the New York State Attorney General. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. [1] Total number of gift card purchases. This refers to the total number of cards purchased at airbnb.com/giftcards or at a selected retailer online or in-store. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

November 23, 2021 12:00 PM Eastern Standard Time

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100 Houstonians in Harris and Ft. Bend Counties Awarded a Total of $1 Million Through Comcast RISE, National Initiative to Support Small Business Owners

Comcast Houston

Comcast today announced the 100 recipients of the Comcast Rise Investment Fund grants. Each small business will receive a one-time $10,000 grant from the fund. More than 100 businesses in the area will also receive technology and marketing resources. The recipients are among nearly 6,700 entrepreneurs nationwide who have been selected through the Comcast RISE program, which provides marketing, technology, and capital support to small business owners. “We are proud of all of our small businesses, the impact they have in Fort Bend County is invaluable. Many of our business owners, particularly our minority owned businesses, have faced unprecedented challenges over the past year due to the COVID-19 pandemic, and require a wide range of support to help their businesses survive,” stated Fort Bend County Judge KP George. “The Comcast Rise Investment Fund Grant provides these business owners with the critical financial lifeline and the resources needed so they can sustain and grow their businesses.” Through Comcast RISE, the company also announced it is on track to support 13,000 small businesses by the end of the year with marketing or technology support such as a TV campaign, production of a TV commercial or consulting services from Effectv, the advertising sales division of Comcast Cable, or computer equipment, internet, voice or cybersecurity services from Comcast Business. “Since we launched Comcast RISE a year ago, we have assisted more than 200 small businesses throughout the Houston area with either marketing, technology, or monetary grants. This round of Comcast RISE grants will provide even more small business owners of color with the resources and tools they need to thrive,” said Ralph Martinez, senior vice president for Comcast’s Houston region. “We look forward to empowering their success.” To further build on the program’s success and provide support to even more small businesses, Comcast also announced today a major expansion to eligibility, enabling all women-owned small businesses nationwide to apply. This expansion recognizes and seeks to help address the persistent inequities women continue to face in accessing the resources and funding that are critical to success. Comcast RISE and the Comcast RISE Investment Fund, initially launched as a response to help small businesses owners of color hardest hit by the economic impacts of the COVID-19 pandemic, continue to focus on uplifting small businesses, ensuring they continue to prosper in an ever-shifting post-pandemic economy. “As we continue to rebuild and emerge from the effects of the pandemic, small businesses will continue to be the backbone of our economy – and we must take every opportunity to help them thrive,” said Dave Watson, President and CEO, Comcast Cable. “Looking forward, this expansion will enable Comcast RISE to further empower and strengthen even more small businesses that are the heart of our local communities across the country.” In the year since its inception, Comcast RISE has awarded more than $11 million in grants and $50 million in in-kind support for marketing and technology services, impacting more than 6,700 entrepreneurs of color in 432 cities across 34 states. By the end of 2022, 13,000 businesses across the country are expected to benefit from the Comcast RISE initiative, either through the grant program or from the resources provided through Effectv and Comcast Business. In addition to the financial and business support services provided, a key part of the program is ensuring the long-term sustainability of businesses. To help address this, Comcast invests in and partners with organizations such as Ureeka to provide ongoing mentorship and resources to help small businesses succeed over the long-term. Comcast RISE, which stands for Representation, Investment, Strength, and Empowerment, is part of Project UP, Comcast’s comprehensive initiative to advance digital equity and help provide underrepresented small business owners with access to the digital tools and funding they need to thrive. Over the next 10 years, Comcast has committed $1 billion to programs and partnerships that will reach an estimated 50 million people with the skills, opportunities, and resources they need to succeed in an increasingly digital world. The program will continue to be open to racially and ethnically diverse small business owners and the expanded Comcast RISE eligibility to all women-owned businesses will be effective on January 16, 2022. More information and the applications to apply for either the grant program or marketing and technology services are available at www.ComcastRISE.com. To help drive outreach and awareness about Comcast RISE and provide additional support, training and mentorship, Comcast has also awarded $50,000 in grants to local community partners – Houston Hispanic Chamber, Houston Black Chamber, Empresarios Latinos Foundation, Houston LGBT Chamber, Asian Chamber of Commerce, Greater Houston Women’s Foundation and East End Chamber of Commerce. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. About Comcast Business Comcast Business offers a suite of Connectivity, Communications, Networking, Cybersecurity, Wireless, and Managed Solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest growing providers of Ethernet services. For more information, call 866-429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social. About Effectv Effectv, the advertising sales division of Comcast Cable, helps local, regional and national advertisers use the best of digital with the power of TV to grow their business. It provides multi-screen marketing solutions to make advertising campaigns more effective and easier to execute. Headquartered in New York with offices throughout the country, Effectv has a presence in 66 markets with nearly 35 million owned and represented subscribers. For more information, visit www.effectv.com. Contact Details Comcast Foti Kallergis +1 832-986-0196 Foti_Kallergis@comcast.com Comcast Misha McClure +1 832-547-6783 Misha_McClure@cable.comcast.com Company Website https://houston.comcast.com/

November 23, 2021 09:31 AM Central Standard Time

SAINT LAURENT RIVE DROITE SUPER73

SUPER73

Keeping the timeless and characteristic style of Saint Laurent and the exciting design of the SUPER73-S2 electric bike, this Limited Edition version asserts itself through its finishes. From the matte black frame and black stainless steel bolts to the custom padded leather seat, the black leather handles, and black chain, this electric bike has been conceived and designed by Anthony Vaccarello. By revisiting a classic model of the brand, Anthony Vaccarello wanted to combine design and functionality. Yielding a unique riding experience for both short and long rides, this bike advocates an adventurous lifestyle by combining motorcycle heritage and youth culture. Available exclusively in Saint Laurent Rive Droite stores and on ysl.com SAINT LAURENT RIVE DROITE is a creative and cultural destination curated by Anthony Vaccarello, located at 213, rue saint Honoré 75001 Paris, and extended at 469 Rodeo Drive, Los Angeles. Named ‘RIVE DROITE’ as a nod to SAINT LAURENT rive gauche line that helped to democratize fashion and luxury in the sixties. SAINT LAURENT RIVE DROITE introduces a brand new retail destination for expression, exchange, and lifestyle, showcasing a wide range of products including exclusive pieces, limited editions, library, vintage, music, photography combined with art, performances, exhibitions, events and cultural exchanges. Conceptualized by Creative Director Anthony Vaccarello, the extensive and diversified offer from different creative and design fields, are imagined and embraced in new ways to enlarge the universe and the DNA of Saint Laurent. SAINT LAURENT RIVE DROITE represents an amusing and chic version of today’s Saint Laurent universe. saintlaurentrivedroite.com @ysl #saintlaurentrivedroite @anthonyvaccarello EDITOR’S NOTE High-resolution images of the Saint Laurent x SUPER73-S2 are available here: https://www.dropbox.com/sh/484umar2jekkvfc/AACKa0IeKDQ8RR8BCz8HlvnBa?dl=0 Editors wishing to review a SUPER73 electric motorbike for editorial purposes should use the Media Contacts below. MEDIA CONTACTS SUPER73 – Christiana Mullen ( christiana@super73.com ) ID Agency – Greg Emmerson ( greg@theidagency.com ) ABOUT SUPER73® SUPER73® is an American lifestyle adventure brand based in Orange County, CA that develops products to help fuse motorcycle heritage with youth culture. Founded in 2016, SUPER73 has quickly grown into one of the most recognizable electric vehicle brands in the world with a passionate customer base including A-list celebrities, professional athletes, and many more. For more information, visit super73.com or on social media @super73. Contact Details Christiana Mullen +1 714-659-4883 christiana@super73.com Company Website https://super73.com

November 22, 2021 05:55 AM Pacific Standard Time

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Gojek and TBS Energi Utama form a joint venture to accelerate the development of Indonesia’s two-wheel electric vehicle ecosystem

Gojek

JAKARTA, INDONESIA - Media OutReach - 18 November 2021 - Gojek, Southeast Asia’s leading mobile on-demand services platform, and PT TBS Energi Utama Tbk (TBS), a leading integrated energy company in Indonesia, today announced the formation of a joint venture to accelerate the adoption of electric vehicles (EVs) in Indonesia. The joint venture, known as Electrum, will act as a platform through which both companies will develop infrastructure for two-wheel EVs throughout the country. Leveraging Gojek’s deep presence in Indonesia and TBS’ capabilities in the energy sector, the two companies will work together to build a comprehensive and scalable EV ecosystem, including two-wheel EV manufacturing, battery packaging, battery swap infrastructure and financing for EV ownership. This joint venture is part of Gojek and TBS’ commitments to achieve Zero Emissions by 2030, which will see Gojek transition its fleet to 100% EVs and TBS invest in clean and renewable energy during the same time period. The collaboration is also in line with the Indonesian Government's plans to make the development of the EV industry a national priority. Gojek CEO and Co-founder, Kevin Aluwi, said, “We have always recognized that strong industry collaboration will be crucial to help solve the most pressing environmental challenges that society faces today. Gojek’s aim is to work together with partners to achieve our sustainability goals, including fully electrifying our transport fleet by 2030. By bringing together the best of Gojek and TBS’ strengths, we will be able to support Indonesia’s transition to building a cleaner, more accessible and sustainable mobility system - ultimately making EVs the norm in our country, contributing to the country’s emissions reduction targets and improving air quality in our cities.” Pandu Sjahrir, Vice President Director of TBS, said, “TBS is fully committed to sustainability and our target of achieving net zero emissions by 2030. This collaboration with Gojek is part of our commitment to reinvest our current earnings in clean and renewable energy, in line with our business transformation goals and aim to become a greener business.” Pandu Sjahrir added, “To enable large-scale adoption of EVs in Indonesia, it is crucial to develop a strong and comprehensive EV ecosystem. Our vast experience and deep understanding of the energy sector, combined with the large scale of the Gojek network, will be a catalyst for the development of the EV industry in Indonesia. As EVs become more widely available, we hope that this will inspire greater confidence in EVs from members of the public and encourage them to give it a try, so that they can also enjoy the many benefits of EVs.” Gojek recently announced an EV and battery swapping pilot scheme in Jakarta in collaboration with Gogoro, Gesit and Pertamina. This will initially comprise 500 EVs, with plans to scale to 5,000 EVs travelling a total of one million kilometers in the future. With this pilot, Gojek customers will be able to select EVs when using the GoRide service in South Jakarta. Driver partners using EVs can also go about their daily routines more efficiently, serving customers across Gojek services such as GoRide, GoFood, GoSend Instant, GoShop and GoMart. The data from this pilot will also be used to further develop the technology and infrastructure for EVs, in order to meet the needs of Gojek’s driver partners, customers and the wider Indonesian market. About Gojek Gojek is Southeast Asia’s leading on-demand platform and a pioneer of the multi-service ecosystem model, providing access to a wide range of services including transportation, food delivery, logistics and more. Gojek is founded on the principle of leveraging technology to remove life's daily frictions by connecting consumers to the best providers of goods and services in the market. The company was first established in 2010 focusing on courier and motorcycle ride-hailing services, before launching the app in January 2015 in Indonesia. Since then, Gojek has grown to become the leading on-demand platform in Southeast Asia, providing access to a wide range of services from transportation, to food delivery, logistics and many others. As of March 2021, Gojek’s application has been downloaded more than 190 million times by users across Southeast Asia. Gojek is dedicated to solving the daily challenges faced by consumers, while improving the quality of life for millions of people across Southeast Asia, especially those in the informal sector and micro, small and medium enterprises (MSMEs). The Gojek application is available for download via iOS and Android. About TBS TBS is an integrated energy company which currently conducts business in power, mining and plantation sector through subsidiaries. In recent business development, TBS is committed to reduce carbon footprint and help contribute to the betterment of the environment and future generation, by setting a target to achieve net zero emissions by 2030. In the electricity sector, TBS has subsidiaries that developed the PLTU Sulut-3 2x50 MW project in North Sulawesi and the PLTU Sulbagut-1 2x50MW project in Gorontalo, as well as 1 subsidiary which developed a mini hydro power plant project of 2x3 MW in Lampung. In the mining sector, TBS has three subsidiaries that have Mining Business Permits in East Kalimantan, which are located close to each other with a total land area of 7,087 hectares. As part of its sustainability commitments, TBS committed to use its earnings into green investment opportunities while gradually reducing exposure to fossil fuel related business. Detailed information about TBS can be seen on the TBS website: www.tbsenergi.com #Gojek Contact Details Sharmaine Tan Gojek sharmaine.tan@gojek.com

November 18, 2021 01:43 AM Eastern Standard Time

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