moLotus opens-up Multi-Billion Dollar Revenues for Telcos

moLotus opens-up Multi-Billion Dollar Revenues for Telcos

moLotus opens-up Multi-Billion Dollar Revenues for Telcos

Singapore-based mobile technology leader, Novosol, is making waves in the telecom industry, creating new revenue opportunities for Telcos in a quick span of three months via its breakthrough moLotus mobile video customer interaction platform. Read to know more.

Singapore-based
mobile technology leader, Novosol, is making waves in the telecom industry,
creating new revenue opportunities for Telcos in a quick span of three months
via its breakthrough moLotus mobile video customer interaction platform – a
GSM-based technology which reaches out directly to the inbox of all mobile
handsets irrespective of phone type or model; no app, no data plans being
involved.

moLotus has
collaborated with international Telcos, including Indosat Ooredoo Hutchinson,
Celcom, Vodafone, Airtel, Digi, Maxis, and more; having a formidable presence
and proven track record in Singapore, Malaysia, India, and Indonesia.Image

The technology has
become a game-changer for Telcos, offering an ARPU boost of 2% to 4%. Its
integration into the telco marketing mix has streamlined campaign planning, development,
and execution. It provides deep customer insights, easy response mechanisms,
vast scalability, and near-zero cost per interaction, resulting in substantial
revenue growth.

Telcos are
significantly enhancing EBITDA performance at an optimal cost. They are
efficiently monetizing their massive subscriber database and mobile
infrastructure; transforming customer processes, with agility, innovation and
cost savings up to 30%. They are seamlessly transitioning to enterprise
business models using moLotus.

According to
Statista, global mobile ad spending is projected to approach a staggering USD
400 billion by 2024. moLotus is showcasing an outstanding 20% annual growth in
mobile advertising, reaching a vast audience of 8.6 billion global mobile subscribers.

Advertisers,
Agencies and Resellers are being empowered by moLotus to leverage the vast
Telco data and access nationwide reach. The platform provides a range of rich
media formats, such as Video, SlideShow, Showcase, Greetings, and Brochure and
hyper-personalized campaigns. Moreover, moLotus offers unique response options
like Call, URL Click, SMS, USSD, mgram, and more to facilitate effective
customer interaction.

Consequently,
moLotus has firmly established itself as the favored option for brands
including Suzuki, DBS, HSBC, Amazon, Dell, and Samsung spanning diverse
industry verticals, encompassing Banking, Insurance, Ecommerce, Consumer
Electronics, Automobile, Retail, and Government Sectors. Its remarkable
progress is evident through its expanding presence in new markets such as
Vietnam, Thailand, Saudi Arabia, UAE and other middle eastern countries.

Don’t miss out on the big mobile advertising
opportunity – embrace moLotus today!

Novosol is in the exciting and happening mobile advertising and mobile media industry. We are an innovative, challenging company on a high growth trajectory. Currently having operations in Singapore, Malaysia, India, Indonesia, Philippines and Sri Lanka.

Novosol
mo*****@*****ol.biz

Most Grab drivers want to keep job after pandemic: ADB

Most Grab drivers want to keep job after pandemic: ADB

Most Grab drivers want to keep job after pandemic: ADB

MANILA — Around 90 percent of food delivery riders on Grab would like to continue working for the platform even after the COVID-19 pandemic, a study by the Asian Development Bank (ADB) showed.

“We asked our respondents, 12,000 of them, in Manila, Cebu, and Davao, and we asked them, were they willing to continue their work with Grab food delivery? More than 90 percent of them said that they would continue after the pandemic,” Takashi Yamano, principal economist at the ADB’s Economic Research and Development Impact Department, said on Monday. 

Food deliveries proliferated in key Philippine cities during pandemic-induced lockdowns.

“So it was not one-time shift to this work, but they are intending to stay with the work. And I believe that this workforce will continue to expand,” Yamano said. 

Yamano noted that Grab drivers enjoy having an independent working environment and a decent income from their job.

“Many drivers we talked to said they enjoy not having supervisors observing their work,” he noted.

“(They also have) decent earnings, so on average, workers earn about P5,700 per week. This adds up to average monthly wage of P23,000 with Grab… In their previous jobs they earned about P15,000,” he said. 

Yamano stressed, however, that government must give gig economy workers, like food delivery riders, some sort of social protection.

“Although they are independent contractors, bringing them into the social economy, formal economy is very important… This is a new form of employment,” he added.

“There’s an advantage of this kind of contract, platformers contracting independent work. There’s benefits to it. So instead of restricting their work, maybe find a proper way of helping them,” he said.

Investors look to BSP buffer after anticlimactic economic growth

Investors look to BSP buffer after anticlimactic economic growth

Investors look to BSP buffer after anticlimactic economic growth

Stock market investors will be bracing for the Bangko Sentral ng Pilipinas’ (BSP) next policy meeting on Thursday while digesting a steady stream of second quarter corporate earnings.

This comes as the benchmark Philippine Stock Exchange index (PSEi) continued its downtrend after the government released last week disappointing economic growth data for the second quarter. The PSEi lost 0.7 percent to 6,405.91 from the previous week.

Michael Ricafort, chief economist at the Rizal Commercial Banking Corp., said the PSEi was resting just above the major support zone of 6,400 to 6,250. He pegged the key resistance areas for the PSEi at 6,730 to 6,830.

The BSP Monetary Board will have several data points to consider in the upcoming interest rate setting meeting.

The chief consideration among these was the recent July inflation report showing inflation cooling for six straight months to 4.7 percent.

HSBC Asean economist Aris Dacanay maintained their expectation that the BSP would keep its policy rate stable at 6.25 percent on Aug. 17.

“Although [the second quarter Philippine economic] growth surprised to the downside, we think risks to the inflation and policy rate outlooks are to the upside,” Dacanay said.

“To some extent, growth cooling may also support macroeconomic stability and domestic balance … Although marginally improving, the national saving rate has not normalized to prepandemic levels while investment continues to be robust,” he said.

  “This imbalance may then require a tight monetary stance to help rein in demand, incentivize saving and bring the domestic economy back to balance,” he added.

AnyMind Group releases Q2 2023 earnings

AnyMind Group releases Q2 2023 earnings

AnyMind Group releases Q2 2023 earnings

Company made an operating profit for the quarter and continued to see quarterly year-on-year growth across revenue, gross profit and adjusted EBITDA

AnyMind Group [TSE:5027], an end-to-end commerce enablement company, has today announced its financial results for the second quarter of fiscal year 2023. Please see below for some highlights pertaining to the company’s Q2 2023 earnings disclosure.

  • The company continues to retain full-year forecasts due to steady progress in revenue, gross profit, operating income, adjusted EBITDA and net profit. The full-year earnings forecast remains unchanged at this time
  • For Q2 2023, operating profit increased year-on-year (YoY) to ¥169 million (compared to an operating profit of ¥0.6 million in the same period last year); Adjusted EBITDA was positive at ¥438 million (+97% YoY)

  • For Q2 2023, revenue increased 35% YoY to ¥7.73 billion, gross profit increased by 36% YoY to ¥2.98 billion

  • Growth in gross profit continued across the company’s three main business units: Marketing Platforms (+30% YoY to ¥1.534 billion), Partner Growth Platforms (+41% YoY to ¥926 million), and D2C Platforms (+55% YoY to ¥481 million)

  • The M&A of Indonesia-based Digital Distribusi Indonesia announced in May is progressing toward closing at the end of September, and contribution to earnings is expected in Q4 2023

  • The company has also announced its intention to bolster its presence in the Middle East by establishing a local subsidiary in Saudi Arabia in Q4 2023

Further information can be found on the investor relations site (Q2 2023 earnings presentation; Q2 2023 financial report).

About AnyMind Group
Founded in April 2016, AnyMind Group [TSE:5027] is an end-to-end commerce enablement technology company with a purpose to make it exciting for everyone to do business. The company provides two broad offerings to brands and businesses, publishers and influencers: Brand Commerce and Partner Growth. Brand Commerce provides businesses with the company’s platforms for manufacturing, e-commerce enablement, marketing and logistics, whilst Partner Growth provides web and mobile app publishers along with influencers and content creators with platforms for monetization and optimization. Partner Growth customers can also tap on the company’s Brand Commerce offering. AnyMind Group has over 1,300 staff across 19 offices in 13 markets, including Singapore, Thailand, Indonesia, Vietnam, Cambodia, Malaysia, the Philippines, Hong Kong, Taiwan, Mainland China, Japan, India and the United Arab Emirates.

Chris Lu
Regional Head, Communications
ch***@**********up.com
+65 6386 7368

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