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Comcast Completes Major Fiber Network Expansion in Spring Hill, Kansas

Comcast Greater Kansas City

Comcast announced today the completed expansion of its next-generation Xfinity network to homes and businesses in the City of Spring Hill. The media and technology company invested more than $13 million to install more than 90 miles of new fiber-rich highways that will offer residential broadband speeds faster than 1 gigabit per second (Gbps) and business speeds up to 100 Gbps. The completion is part of Comcast’s ongoing expansion in the Midwest where Comcast is also expanding into Paola/Hillsdale. “The Kelly-Toland Administration recognizes that building reliable broadband services is essential for healthy communities throughout the state,” Lieutenant Governor and Secretary of Commerce David Toland said. “With the completion of this project, the Spring Hill community now has the resources needed to stay connected and engaged – and help drive economic development.” "The City of Spring Hill joins Comcast in celebrating the completion of this investment in our community. It will support workforce development, education and greater access to high-speed internet for our residents. This was a big priority of this administration from the start, and I’m glad to see it through to becoming a reality. It also improves our internet infrastructure in a way that is attractive to businesses interested in growing here," said Mayor Joe Berkey, City of Spring Hill. “I am grateful for Comcast’s commitment to expanding broadband access to Spring Hill and also their continued commitment to sponsoring other Spring Hill community events throughout the year.” To celebrate the expansion of Xfinity services to the City of Spring Hill, Comcast will donate $5,000 to the Spring Hill Education Foundation and will host an ‘Xfinity On Tour’ event during the Spring Hill Recreation Center Daffodil Days on April 20 from 11 a.m. to 2 p.m. CST at the Spring Hill Learning Academy at 300 E. Street. This free, family-oriented community event provides residents the opportunity to learn more about Comcast services, answer questions, and take advantage of exclusive offers. You can also stop into the nearest Xfinity store to learn more. For Spring Hill residents, this expansion means access to all Xfinity Internet service offerings with speeds faster than 1 Gig and advanced WiFi technology from powerful gateways capable of delivering reliable and consistent connections for real-time activities like gaming, live streaming, and video conferencing with ultra-low lag. Residents will also have access to the Xfinity X1 video platform, Xfinity Home, Comcast’s professionally installed home security solution, and Xfinity Mobile, one of the nation’s fastest growing mobile services that can save customers hundreds of dollars a year on their mobile bills, and is top ranked in customer satisfaction. “Reliable high-speed internet is essential in today’s digital economy, which is why Comcast continues its commitment to connect more Johnson County region families and businesses to the moments that matter most,” said Kalyn Hove, Comcast Midwest Regional Senior Vice President. “By establishing the best broadband infrastructure today, we are securing the economic prosperity of these communities for tomorrow.” For local businesses, Comcast Business offers a suite of connectivity, cybersecurity, managed solutions and Comcast Business Mobile products designed specifically for their employee’s needs. 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 and Internet provider to small and mid-size businesses and one of the leading providers to larger organizations in 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. “We purchased The Bean in Spring Hill nearly three years ago. The most difficult part of doing business was little to no access to internet and proper speeds needed to run our business,” stated Brad Killen, CEO of The Bean. “When I spoke with Comcast Business it was a quick YES to help us. Before switching to Comcast, our WiFi went out every other day and we were running on the slowest speeds. We are now finally getting normal speeds and could not be happier with the service. Everyday dozens of people work, take meetings, or calls at The Bean and this upgrade keeps people coming back for more.” Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Comcast Corporation Jill Hornbacher +1 651-425-1695 jill_hornbacher@comcast.com Company Website https://midwest.comcast.com

April 19, 2024 08:30 AM Central Daylight Time

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Searching For The Best Options Trading Platforms? Zero Equity Options Contract Fees, Free Tools And More With Moomoo

Moomoo

By Austin DeNoce, Benzinga The investment and trading platform Moomoo Financial Inc. recently introduced zero contract fees for its equity options model for options trading, representing a notable departure from traditional options fee structures that generally sit at $0.65 per contract. This approach appeals to a wide range of traders, from new option traders to seasoned ones, as a cost-effective alternative to competitors in the options space. This strategy not only highlights Moomoo's stated commitment to options trading affordability but also brings the platform's range of free, powerful analytical tools and resources into focus for options traders considering the intuitive platform. Overview Of Moomoo's Platform Moomoo's platform strikes a unique balance between user-friendliness and advanced functionality, designed to appeal to options traders at all levels. Its offerings include an extensive array of tools for charting, strategies, options learning, paper trading and detailed market analysis. For options traders, the platform’s blend of simplicity and sophistication makes it a competitive choice in the trading community; however, it serves investors and stock traders as well with U.S. and international stocks, ETFs and a variable 5.1% annual percentage yield (APY) on uninvested cash in the Cash Sweep Program for new and qualified existing users*. (Cash Sweep APY rate as of 11/03/23 and is subject to change.) Embracing Options Trading With Competitive Rates Moomoo offers zero options trading commission fees*. This policy, along with pricing that includes reduced contract fees for index options and zero contract fees on equity options, sets Moomoo apart from competitors and brings MooMoo one step closer to becoming the budget-friendly premium platform of choice. This is particularly appealing in today's cost-conscious market. Free Options Features And Tools Beyond its compelling fee structure, Moomoo offers a variety of free options analysis tools. These include real-time options data, strategies and unusual activities, providing a comprehensive options toolkit for traders without any additional fees or charges. While Robinhood is great for those just starting out with options, Moomoo says its own advanced charting and real-time data provide more in-depth analysis, making Moomoo an excellent choice for options traders who are ready to upgrade their trading skills without high costs. Customizable Options Chain Real-Time Options Data Customizable Options Chain Options Calculator Unusual Options Activity Implied Volatility Analysis 13 Pre-Built Options Strategies*, including customization opportunities 0 Days to Expiration (0DTE) Options by Volume * Options trading subject to eligibility requirements. Strategies available will depend on options level approved. Moomoo And Cboe’s Strategic Collaboration: Index Options Now Available The partnership between Moomoo and Cboe Global Markets (BATS: CBOE), a leading global exchange operator, marked a significant development in Moomoo's growth and global reach, but it also emphasized its commitment to expanding options market access and options education. Their collaboration brought six index options products, including exclusive listings like SPX and VIX options, to many of Moomoo's U.S. customers. Notably, this collaboration is particularly beneficial for retail investors, as it helps remove some of the complexity associated with index options trading by providing useful education materials, advancing the goal of democratizing access to global markets. Redefining Options Trading With Value And Innovation With its new fee structure and suite of tools, Moomoo presents itself as a noteworthy contender in options trading. Its commitment to zero-contract fees, coupled with a wide and comprehensive selection of free options trading tools, makes it a compelling option for traders seeking both value and quality in their trading platform. Moomoo's approach also caters to a wide audience, from beginners to seasoned traders, making it a versatile and user-friendly platform throughout one’s entire trading journey. *Margin trading entails greater risk, including, but not limited to, risk of loss and incurrence of margin interest debt, and is not suitable for all investors. Please assess your financial circumstances and risk tolerance before trading on margin. Open an account with Moomoo and begin your trading journey today. FAQs Q: Does Moomoo support option strategies supported for U.S. Stocks? A: Moomoo currently supports common option strategies such as covered calls vertical spreads, calendar spreads, diagonal spreads, straddles and strangles in non-universal accounts. Corresponding option combination quotes and trading capabilities are planned to be supported in the future. Q: How can I apply for options trading on Moomoo? A: You can apply for options trading by downloading the app, applying for a brokerage account and then also applying for options trading on that account. You can start trading options once your account has been approved. Keep in mind options trading is subject to eligibility requirements. Options trading is risky and not appropriate for everyone. Q: Does Moomoo offer options education? A: Yes, Moomoo has a wealth of free options education from paper trading, seminars, webinars, courses, and an inclusive community. U.S. residents trading in U.S. securities may trade commission-free using the Moomoo app through Moomoo Financial Inc. The above charges are applicable to U.S. residents. If you would like to know the fees for non-U.S. residents, click here. Featured photo courtesy of Moomoo Financial. Moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights. We believe investing is a transformative and long-term journey. That's why moomoo empowers investors with the tools and data they need to help unlock their financial potential today and in the future. Whether you're a beginner or a pro, moomoo is here to power your investment journey. With access to a wide range of both user-friendly and advanced features, including real-time market data, technical analysis tools, and in-depth order book data moomoo users can potentially enhance their trading strategies to pursue their goals. Our mission is built on three core values: transparency, innovation, and community. By using these values to guide us, we deliver a comprehensive investment experience for individuals across all trading levels. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. U.S. residents trading in U.S. securities may trade commission-free using the Moomoo app through Moomoo Financial Inc. The above charges are applicable to U.S. residents. If you would like to know the fees for Non-U.S. resident, click here.$0 contract fees only apply to equity options (stocks and ETFs), while index options will be subject to a $0.5 contract fee per contract. Other fees may apply. For more info, visit moomoo.com/us/pricing.U.S. residents trading in U.S. securities may trade commission-free using the moomoo app through Moomoo Financial Inc. Other fees may apply. For more info, visit moomoo.com/us/pricing. Options trading is risky and not appropriate for all investors. Read Options Disclosure Document before trading.Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy.There is no guarantee or assurance that the use of any tools or data provided on the Moomoo app will result in investment success or reduce investment risk. Past performance does not guarantee future results.This article is for educational use only and is not a recommendation of any particular investment strategy. Content is general in nature, strictly for educational purposes, and may not be appropriate for all investors. It is provided without respect to individual investors' financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. All investing involves risks.Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. Securities products and services on the moomoo app are offered through Moomoo Financial Inc., Member FINRA/SIPC.This event is for informational and educational purposes only and is not investment advice or a recommendation to engage in any investment or financial strategy. Investing involves risk and the potential to lose principal. Investment and financial decisions should always be made based on your specific financial needs, objectives, goals, time horizon, and risk tolerance.All investing involves risk, including the potential loss of principal, and there can be no guarantee that any investing strategy will be successful.Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks.Benzinga was commissioned for this article and is not affiliated with the Moomoo app or it’s affiliated companies. This includes Moomoo Technologies Inc. (MTI) provider of the app and Moomoo Financial Inc.(MFI) Member FINRA/SIPC, which offers securities in the U.S. MTI, MFI, or their affiliates do not endorse any trading strategies that may be discussed or promoted herein. Moomoo and its affiliates make no representation or warranty as to the article’s adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Options (https://j.us.moomoo.com/00xBBz) before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy. There is no guarantee or assurance that the use of any tools or data provided on the moomoo app will result in investment success or reduce investment risk. Past performance does not guarantee future results.This article is for educational use only and is not a recommendation of any particular investment strategy. Content is general in nature, strictly for educational purposes, and may not be appropriate for all investors. It is provided without respect to individual investors' financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. All investing involves risks Contact Details Klim Yeeloy kyeeloy@us.moomoo.com Company Website http://www.moomoo.com

April 19, 2024 08:40 AM Eastern Daylight Time

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Hong Kong Approves Bitcoin (BTC) and Ethereum (ETH) ETFs While New Token Surges 290%

Kangamoon

Hong Kong recently approved spot Bitcoin (BTC) and Ethereum (ETH) exchange traded funds (ETFs) applications. Specifically, the region has become the second to do this in 2024 so far, following the SEC’s decision to approve 11 spot BTC ETFs in the United States. While all of this is happening, the KangaMoon ( KANG ) presale has seen major upwards momentum and could soon reach far more substantial gains, fueled by its unique Social-Fi model and community-driven approach. By the end, we will see which one is the best crypto to invest in now. Bitcoin (BTC) Grows 117.4% YTD – Price to Reach $96,062 by Q4 Bitcoin (BTC) has seen a year-to-date (YTD) climb of 117.4%. In addition, during the past week, the price of Bitcoin has moved up from $62,697.49 to a maximum value at $72,199.54. ThE Bitcoin price USD has since found support at the $66,000 level, and needs to break above $73,737.94 in order to reach a new all-time high point. As a result, sentiment on the future of the BTC crypto is currently massive, and many are speculating that it can reach far more substantial gains in 2024. According to the Bitcoin price prediction, it can end 2024 at $96,062. Ethereum (ETH) Spikes 54% YTD – Is Further Growth Possible? Ethereum (ETH) has also showcased dominant on-chart performance during the past year and has the potential to reach new heights. The Ethereum price USD has seen an increase of 54% year-to-date (YTD), and is now heading further upwards. During the past week, the price of Ethereum has surged from $2,936 to $3,715, and could soon break even above the $4,000 price barrier. According to the RSI and MACD data, its price outlook is bullish, and based on the Ethereum price prediction, it can end 2024 at $4,428. KangaMoon (KANG) Introduces Social-Fi, P2E and a Community-Driven Approach KangaMoon (KANG) has seen an increased upwards momentum fueled by the optimistic outlook for its ecosystem and the overall unique and rich feature-set. Specifically, on top of this project, anyone will be able to access Social-Fi features, a community-driven approach and Play-to-Earn (P2E) mechanics. The KangaMoon platform has stood out by enabling anyone to take control of their own KangaMoon character through which they can, later-on, make upgrades and compete in tournaments and other battles. By doing so, they earn NFTs and NFTs. There are over 20,000 registered accounts even during the blockchain ICO, and over 5,800 users now hold the KANG token. In addition, the crypto has risen by 90%, where it moved from $0.005 to $0.0196. It raised $4.9 million and could break above $5.5 million raised by the end of the week. According to projections by analysts, the KANG token can rise by 100x following the project’s official launch, positioning KANG as the best new crypto to invest in. Summary Following the approval of Bitcoin and Ethereum ETFs from Hong Kong, it's clear that both cryptocurrencies now have even further growth potential. In the meantime, many have begun to diversify their holdings with the KangaMoon cryptocurrency, as it could soon provide them with significant ROI, making it the best new crypto to invest in. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 19, 2024 07:31 AM Central Daylight Time

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David LaValle Discusses Grayscale’s Future of Finance ETF and Bitcoin’s Evolving Role

HANetf

Global Head of ETF for Grayscale David LaValle joined Steve Darling from Proactive to discuss the performance and achievements of the Grayscale Future of Finance ETF (GFOF) in recent months. LaValle provided insights into GFOF's performance, which has seen approximately an 8% increase over the past month, surpassing benchmarks such as the S&P 500 and NASDAQ 100. He attributed this success to the strategic positioning of GFOF, likening it to investing in internet infrastructure in 1998. LaValle emphasized that GFOF focuses on digital assets' infrastructure, despite uncertainties surrounding specific winners in the space. Holdings in companies like Coinbase and other mining companies have contributed significantly to GFOF's performance. He underscored the importance of recent developments in the digital asset space, such as the introduction of Bitcoin ETFs in the U.S. and the uplisting of Grayscale Bitcoin Trust, which have expanded discussions with financial professionals and wealth managers about integrating digital assets into portfolios. Addressing the evolving perception of Bitcoin, LaValle noted its recognition as a volatile yet increasingly accepted asset class. He discussed Bitcoin's potential roles in investment portfolios, ranging from being viewed as a disruptive technology to serving as a digital store of value, akin to digital gold or exposure to high-growth tech. Overall, LaValle expressed optimism about the future of GFOF and digital assets in general, highlighting their potential to play a significant role in diversified investment portfolios. As Grayscale continues to navigate the dynamic landscape of digital assets, investors can anticipate further innovations and opportunities for growth in the future. Stay tuned for more updates as Grayscale continues to lead the way in the digital asset investment space. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

April 19, 2024 08:00 AM Eastern Daylight Time

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Nextech3D.ai upgrades platform with new offering of 3D Model-AI Photo Rendering Services

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to unveil an exciting new addition to the company's offerings: Digital Photography and dynamic product visuals as part of its 3D model solutions. This enhancement means that every 3D model created by Nextech3D.ai will now be accompanied by stunning 2K, 4K, or even 8K photos, catering to the needs of its ecommerce customers. Gappelberg explained to Proactive that this innovative AI tool is poised to drive significant revenue for the company. With each product listed for sale on an ecommerce platform requiring a minimum of six 2D photos, Nextech3D.ai is well-positioned to capitalize on the growing demand for high-resolution images while simultaneously enhancing the value proposition of its 3D modeling business. The company has already secured agreements with 10 existing customers for its digital photography offering, representing over 6000 high-quality digital photos. This offering will be available both as part of a comprehensive 3D model bundle and as a standalone product, catering to clients who already possess a 3D model and those seeking to tap into the ecommerce imagery market. Nextech3D.ai's analysis indicates that creating and rendering 3D models is more cost-effective than traditional product photography, particularly for items that are expensive to produce or challenging to photograph in real-life settings. With 3D models, products can be easily manipulated and rendered from various angles without the need for physical prototypes or multiple photoshoots, offering unparalleled flexibility and efficiency. As Nextech3D.ai continues to innovate and expand its suite of offerings, investors can anticipate further growth and market penetration in the burgeoning field of ecommerce visualization solutions. With its unique combination of cutting-edge technology and customer-centric approach, Nextech3D.ai is poised to revolutionize the way products are showcased and sold online. Stay tuned for more updates as the company continues to push the boundaries of ecommerce imaging technology. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

April 18, 2024 12:39 PM Eastern Daylight Time

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Wormhole Foundation Awards Contributor Grant to Supranational for Wormhole ZK Hardware Acceleration

Wormhole Foundation

Wormhole Foundation, steward of the Wormhole interoperability platform, today announced the awarding of a Contributor Grant to Supranational, a renowned innovator in hardware-accelerated cryptography. The collaboration between Supranational and Wormhole contributors aims to enhance the Wormhole protocol's efficiency and security through ZKP hardware acceleration. This partnership focuses on reducing time and costs associated with creating 'light-client' proofs, crucial for trustless transfers between blockchains. Supranational will leverage its CPU and GPU acceleration expertise to minimize proof generation latency, enhancing Wormhole ZK's cross-chain interactions. “We're excited to team up with Supranational to continue increasing security and trustlessness in the Wormhole platform,” said Dan Reecer, Wormhole Foundation Co-Founder & Chief Operating Officer. “By accelerating zero-knowledge proofs through hardware, we're not only boosting efficiency and security but also laying the groundwork for faster scaling to support more blockchain connections for Wormhole.” Supranational designs and develops hardware-accelerated cryptography for verifiable and confidential computing. The team has decades of experience in algorithmic optimization, and their work spans across CPU, GPU, FPGA, and ASIC computing platforms. In particular, the team is focused on developing open source, permissively-licensed, and production-grade cryptographic libraries. One of the most well-known examples of these libraries is blst, a high-performance and high-assurance implementation of BLS signatures. This library is currently used by blockchain networks, including Ethereum, Optimism, Aptos, Sui, and more. Blockchain protocols leverage this library to help them securely scale their consensus protocols and the library currently helps to secure over $100B of assets. In addition to their work on the cryptography powering consensus and asset management, Supranational also develops hardware acceleration for emerging cryptographic techniques such as zero-knowledge proofs (ZKPs). For example, their open source library, sppark, is used to accelerate the core primitives of SNARKs and STARKs with high-performance GPU implementations. This library is currently used by the Filecoin protocol and helps to generate over 75% of the ZKPs in the blockchain space. In addition to Filecoin, the library is also used by other leading verifiable and privacy preserving protocols such as Aleo, Risc0, and more. About Wormhole Foundation Wormhole Foundation is the steward of Wormhole - the world’s first generalized messaging protocol. Our mission is to empower passionate people in the research and development of blockchain interoperability technologies. Through grants, research, and ecosystem programs, we seek to enable teams to build secure, open-source, and decentralized products within the Wormhole ecosystem. If you’re interested in helping achieve our mission, contact us at hello@wormhole.foundation. About Supranational Supranational designs and develops hardware accelerated cryptography for verifiable and confidential computing. The team has decades of experience in algorithmic optimization across CPU, GPU, FPGA, and ASIC platforms. Accelerated cryptography developed by Supranational is currently in production in blockchain networks such as Ethereum, Optimism, Filecoin, Aptos, Sui, Chia, and more. For more information, visit https://www.supranational.net/ or e-mail hello@supranational.net. Contact Details Wahaj Khan +1 630-935-7684 wahaj@dittopr.co Company Website https://wormhole.com/

April 18, 2024 10:00 AM Eastern Daylight Time

QuantaSing (NASDAQ: QSG) Sets Its Sights On Global Expansion, Leverages Kelly’s Education Buy To Build Awareness In Hong Kong, U.S. And Beyond

QuantaSing

By Meg Flippin, Benzinga QuantaSing Group Ltd. (NASDAQ: QSG), one of the largest providers of online education for adults in China focusing on both the learning and personal interest markets, is in growth mode, gearing up to expand internationally and into new markets. The company has a strong reputation in China thanks to its use of upcoming and cutting-edge technology, including livestreaming and artificial intelligence, to provide seniors with easy-to-understand, affordable and accessible online courses. It’s capitalizing on the aging population in China, which is growing at such rates the World Bank designated it a “ super-aged society. ” Revenue and subscribers for the company were up double-digits in the most recent quarter, and QuantaSing wants to replicate that success in the U.S. It's a big market to go after – as of 2022, there were 58 million Americans aged 65 and older. By 2050, that’s projected to grow to 82 million, a 47% increase. Expanding Its Global Footprint Into New Markets To that end, QuantaSing has been busy in the States, spending two weeks traversing the country from New York to San Diego, meeting with investors and key stakeholders to tell its story, plot its expansion and set the groundwork to forge new partnerships. The meetings have proven fruitful with QuantaSing reporting it will announce further developments in the coming weeks and months. As part of its vision for the future, QuantaSing is not just targeting seniors with its global expansion plans. It’s also banking on Kelly’s Education ’s success. QuantaSing bought the Hong Kong-based online language education platform last fall, giving it a presence in the global online education market and the language learning sector. Kelly’s Education targets kids ages 3 to 15, a new demographic for QuantaSing. As part of the deal, QuantaSing launched Hong Kong Online Education (HKOE), which offers high-quality online English education for children with a sharp focus on delivering value. HKOE adheres firmly to the belief that top-tier education should be within reach for a broader audience of children, not just a privileged few. By implementing a reasonable pricing strategy, the company says it can reach a wider age group, broaden its course offerings and diversify its revenue. “We are excited to integrate Kelly’s Education and the new brand HKOE into our ecosystem. Their strong business model and seasoned team lays a solid foundation for our global market entry,” Peng Li, Chairman and Chief Executive Officer of QuantaSing, said at the time. “We plan to broaden our course offerings, including Chinese language learning, and diversify our revenue streams by appealing to a wider age group.” Networking And Building Relationships Stateside To build awareness in the U.S., Kelly’s Education CEO Ken Chau joined QuantaSing at the ASU + GSV Summit in San Diego, an annual conference bringing together the great minds from the pre-K to the gray education market and also contributing to the conversation around online learning, adult education and AI. Chau was part of a panel discussion, sharing his thoughts and insights on creating “Responsible AI for Kids.” Kelly’s Education uses AI to break down barriers, reduce stigma, develop confidence and enable children and young adults to live richer, more meaningful lives. The conference provided another opportunity for QuantaSing and Kelly’s Education executives to make contacts with industry players and investors. The company had a lot to share with the panel attendees. For starters Kelly’s Education recently inked two collaboration deals with Disney World of English and National Geographic Learning, aiming to provide children with a higher quality teaching environment and learning materials, further enhancing their learning outcomes and striving to build Kelly’s Education as the No.1 children’s English learning platform in Hong Kong. What’s more, the unit is gearing up to announce its first physical school in May. The school will combine online and traditional learning methods, serving as an interactive, innovative learning center offering various educational resources and high-quality teaching services, QuantaSing reports. The idea is to give students a more in-depth and engaging way to learn via interactive courses and guidance from teachers. Coinciding with the launch of the school is QuantaSing’s move to open its first office in Hong Kong in early-summer. It marks the company’s first presence outside of Mainland China and commences the company’s new chapter of growing internationally. From buying Kelly’s Education to networking in the U.S., QuantaSing is getting serious about expanding its business beyond China’s borders. Its soon-to-be-opened office in Hong Kong is expected to be a springboard for more to come. With the world getting older and students craving a new way of learning, QuantaSing is positioning itself to capitalize on that growth in its home country and beyond. Featured photo by Arthur Lambillotte on Unsplash. QuantaSing is a leading online service provider in China dedicated to improving people’s quality of life and well-being by providing lifelong personal learning and development opportunities. The Company is the largest service provider in China’s online adult learning market and China’s adult personal interest learning market in terms of revenue, according to a report by Frost & Sullivan based on data from 2022. By leveraging its proprietary tools and technology, QuantaSing offers easy-to-understand, affordable, and accessible online courses to adult learners, empowering users to pursue personal development. Leveraging its extensive experience in individual online learning services and its robust technology infrastructure, the Company has expanded its services to corporate clients, and diversified its operations into its e-commerce business and its AI and technology business. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Leah Guo ir@quantasing.com Company Website https://ir.quantasing.com/

April 18, 2024 09:00 AM Eastern Daylight Time

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Cordiant Digital Infrastructure targets future growth with innovative tech investments

Cordiant Digital Infrastructure Ltd

Cordiant Capital CEO and managing partner Benn Mikula provides insight into the evolving landscape of digital infrastructure, underlining the significant impact of social and technological changes. Through Cordiant Digital Infrastructure Ltd (LSE:CORD), Cordiant Capital invests in the essential components of the internet’s infrastructure, including fibre optic cabling, mobile towers, and data centres, which Mikula describes as the internet's "plumbing". These elements are integral to the transmission of data across an international network. Despite the complex and energy-intensive nature of this infrastructure, it facilitates global communication, exemplified by the potential routing of the interview through a data centre in New York. Mikula highlights several trends affecting digital infrastructure: the need for expansion due to network congestion and regulatory impacts, the installation of 5G technology requiring denser network coverage, and the surge in demand for advanced data centres driven by artificial intelligence. Cordiant Digital Infrastructure’s approach to investment is a "buy, build and grow" strategy, focusing on acquiring platforms with existing customers and expanding them, often pre-leased to reputable or governmental clients. The company successfully deployed its initial fund and plans to raise a second, targeting high-growth opportunities within digital infrastructure. Mikula also discusses innovative solutions to contemporary challenges, such as leveraging existing sites for new data centres to minimise environmental impact and investing in renewable energy sources. Looking forward, Cordiant Digital Infrastructure sees continued investment potential in towers, edge data, interconnect data centres, and backbone fibre networks, particularly in Europe and the United Kingdom, where the middle market offers attractive entry points and investment returns. Contact Details Proactive UK Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

April 18, 2024 08:48 AM Eastern Daylight Time

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Learning Technologies reports steady performance amid economic challenges

Learning Technologies Group PLC

Learning Technologies Group PLC chief executive Jonathan Satchell takes Proactive's Stephen Gunnion through the company's 2023 financial results, which reveal a slight revenue decline but rising profitability. Despite the economic challenges, the company maintained strong cash flow and increased its dividend by 5% to 1.2 pence. Satchell highlighted the resilience of the company's long-term and SaaS contracts, which helped sustain performance amidst reduced corporate spending on employee development. Operational achievements included retaining all client contracts above $10 million. The company saw some revenue declines due to reduced discretionary spending but reported growth in US government contracts and expansions in Latin America and the Middle East. Another highlight was GP Strategies, which has more than doubled profits since it was acquired in 2021, benefiting from a commercial transformation program that improved margins without impacting customer service. Satchell also noted the sale of Lorien Engineering, aligning with the company's focus on learning and talent development. This strategy, alongside prudent financial management, positioned the company well in the tough economic climate. For 2024, the company anticipates revenues similar to 2023, with continued emphasis on acquisitions and leveraging AI in learning tools to enhance operational efficiency and data insights. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

April 18, 2024 08:31 AM Eastern Daylight Time

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Cordiant Digital Infrastructure targets future growth with innovative tech investments

Learning Technologies reports steady performance amid economic challenges