Day: April 26, 2022

Posted on

Most Powerful Crypto Miners in the World released by Bitramo

RamoX

Bitramo’s RamoX mining hardware

NEW YORK, April 26, 2022 (GLOBE NEWSWIRE) — Bitramo is delighted to announce its arrival in the global crypto space with the launch of the world’s most powerful crypto miners. The company is on a mission to disrupt the market by designing products that make crypto mining simple, efficient, and profitable for all. Ramo 1, Ramo 2, and Ramo X miners from Bitramo are equipped with 3nm ASIC chips, and can be used for mining bitcoin, litecoin, ethereum, and monero.

Hash Power

The most exciting feature of Bitramo miners is their extraordinarily high hash powers that have not been seen in the market so far. As a result of these hash powers, compared to other products, Bitramo offers a significantly higher earning opportunity to mining enthusiasts.

Ramo 1: Bitcoin 360 TH/s, Litecoin 30 GH/s, Ethereum 2 GH/s, Monero 2 MH/s
Ramo 2: Bitcoin 750 TH/s, Litecoin 70 GH/s, Ethereum 5 GH/s, Monero 5 MH/s
Ramo X: Bitcoin 2250 TH/s, Litecoin 210 GH/s, Ethereum 15 GH/s, Monero 15 MH/s

Profit and Power Consumption

In addition to hash rate, power consumption is another key factor in determining the profitability of any mining hardware. Bitramo scores heavily in this area, with moderate power consumptions of 550 W, 900 W and 2200 W for Ramo 1, Ramo 2, and Ramo X respectively.

Based on these hash rates and power consumptions, the profitability of Ramo 1, Ramo 2, and Ramo X are summarized below.

Ramo 1

Bitcoin: 1900$
Litecoin: 1400$
Ethereum: 2200$
Monero: 2500$

Ramo 2

Bitcoin: 4000$
Litecoin: 3500$
Ethereum: 5700$
Monero: 6600$

Ramo X

Bitcoin: 12,300$
Litecoin: 10,500$
Ethereum: 17,000$

Monero: 20,000$

The calculation was made based on the current market price and the profits are listed in US dollar, when the coin market price raise, the profits will raise as well.

Easy To Use

In spite of their exceptional capabilities, all of the mining rigs from Bitramo are very easy to use. The products are delivered pre-configured and come with an easy-to-use interface. Users can start mining just by connecting the rig to a power socket and accessing it through WiFi or cable. All Bitramo customers also have free access to the company’s own mining pool.

“Lack of crypto mining knowledge or experience is no longer an obstacle to your aspirations as a mining enthusiast. Welcome to the world of Bitramo, an advanced line of ASIC miners created specifically for the newbies looking to make a guaranteed profit from crypto mining. Our plug-and-play mining hardware makes life easier not only for beginners but also for mining experts looking to scale their profit,” said David Luke, CEO of Bitramo.

To find out more, please visit https://bitramo.com

About Bitramo: A crypto mining startup backed by multiple corporations, Bitramo is on a mission to improve the crypto mining landscape by developing and delivering the latest technological innovations. The company offers an exquisite range of ASIC mining hardware designed to make crypto mining efficient and easy like never before. The company’s ultimate goal is to democratize crypto mining by allowing common people to benefit from it.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3652a535-6478-40a4-b8c6-d36eff080ddd

Media Inquiries:
Bitramo
Marketing (at) bitramo.com
Posted on

Luca Faloni Announces Global Retail Expansion

Fast-growing Italian menswear brand Luca Faloni is set to open three new stores following the success of its omnichannel direct to consumer offer.

Luca Faloni Store

MILAN, April 26, 2022 (GLOBE NEWSWIRE) — In what is a good news story for the retail industry, the brand has recently signed new leases in Milan, Munich and Miami. The first two stores will open by early summer and Miami will follow in September.

Since the test launch of independent stores in both London and New York, Faloni’s interactive store environment has positively impacted the brand’s online offer, highlighting their continued belief in retail as a support channel for online even though the pandemic.

“You will never find us in a multi-brand store and we will always only sell directly on our website or through our stores,” says founder Faloni. “Having our own stores means that we can better leverage the relationship with our customers within our own tailored environment. Online will always be the main channel for us, taking up 70% of sales, but now is the time to scale our offline part of the business. You need to have a strong physical presence to be a true global brand.”

Mirroring the craftsmanship the brand is becoming so well known for, the stores will take on a consistent design aesthetic, but also include subtleties that pay homage to the city they reside in. “It’s important that there is a narrative between online and in-store experiences, but we also wanted to make sure that we captured elements of our surroundings in each of the new spaces,” says Faloni.

In Milan for instance, close to the brand’s artisans and heritage, the Faloni team has worked with Italian architect Davide Barreri to incorporate elements of its surroundings, which were designed by well-known architect Piero Portaluppi. Germany is the third largest online market for the Luca Faloni brand, after US and UK, and the store in Munich represents a strategic move to increase its presence in the region. This store will use elements of copper to acknowledge the metal often used in other city buildings. Miami will be a window to a wide tourist audience and to showcase the linen collection all year round; this store will take on a bolder, more colourful and more symmetrical design and feel, aligning to the aesthetic of the city.

For this year the Luca Faloni offer will continue to grow organically, with a focus on an increased push to new territories as well as adding to the product range.

For further information contact us at press@lucafaloni.com or +39 035 092 0012.

www.lucafaloni.com

Related Images

Image 1: Luca Faloni Store

This content was issued through the press release distribution service at Newswire.com.

Attachment

Posted on

Modelo Honors Cinco De Mayo by Helping People “Cinco Auténtico”

Modelo Mercado Image

The #1 Mexican import beer brand in the U.S.1 teams up with small business owners to honor Mexican American culture and foster an authentic Cinco de Mayo experience through its Modelo Mercado™

CHICAGO, April 26, 2022 (GLOBE NEWSWIRE) —  Modelo, the beer born in Mexico nearly 100 years ago, has launched their “Cinco Auténtico™” campaign, an effort to empower consumers to make this year’s Cinco de Mayo as unique and rich as Mexican American culture itself. In an effort to offer easy yet intentional ways to honor Mexican American culture, the brand has launched the virtual Modelo Mercado – a limited-time online experience filled with authentic party supplies and décor made from real Mexican and Mexican American artisans.

“Cinco de Mayo is a time for many to celebrate, but not everyone knows how to authentically honor the holiday and its Mexican roots,” said Greg Gallagher, Vice President Brand Marketing, Modelo. “As a brand that’s proud of its Mexican heritage, we want to help others ‘Cinco Auténtico,’ whether it be through drinking our products or by supporting Mexican American artisans who produce festive décor. That’s why we’re so excited to introduce the Modelo Mercado.”

People can access the Modelo Mercado vendors’ websites directly through Modelo’s Instagram page starting today through May 2, 2022 — giving everyone enough time to buy and receive their hand-crafted supplies in time for Cinco de Mayo. Modelo will feature seven Mexican American merchants from around the country including:

  • Artesanias Mexicanas La Union (Fort Worth, Texas) specializes in finding craftspeople who follow generations-old traditions from across Mexico and will have a collection of pottery and handmade crafts available.
  • DiscoverMas (Saline, Michigan) is bringing their collection of ethically sourced, Mexican table décor to the Mercado. Owners Katie and Marco opened their business in order to support Mexican artisans in Marco’s home country and to bring its beautiful crafts to the U.S. market.
  • Geulaguetza Designs (Grand Rapids, Michigan) will provide an array of colorful décor pieces including coaster sets, clay vases and table runners. Its founder Nancy, a Mexican American herself, collaborates with Mexican artisans to inspire her collections.
  • Jumping High (Los Angeles, California) will feature their collection of handcrafted pottery with design inspirations from various areas of Mexico.
  • Mexico By Hand (Berkeley, California), an established reseller of Mexican artisans, has a special collection of intricately detailed pottery and tableware that are perfect for an authentic Cinco de Mayo celebration.
  • Mexico In My Pocket (Brooklyn, New York) has been gracing Carroll Gardens with their beautiful storefront of decorations and crafts for years. They now join the Modelo Mercado with a series of Mexican artisan-made candles, candelabras, vases and more.
  • My Mercado Mexican Imports (Rio Hondo, Texas) will have handmade paper decorations including multicolor flowers and banners to liven up your authentic Cinco de Mayo party.

“When I first immigrated to the U.S., I couldn’t always find ways to connect to my Mexican culture. Starting Guelaguetza Designs in 2005 allowed me to establish that connection for Mexican Americans in my West Michigan community,” said Nancy Quero, founder and owner of Geulaguetza Designs. “I’m beyond excited to have my business featured on the Modelo Mercado and appreciate that the brand is encouraging people to honor the culture of my home country during this Cinco de Mayo.”

As a part of “Cinco Auténtico,” Modelo is also encouraging consumers to support their favorite local restaurants with “Cinco Stars” — or five stars— on an online review service. Whether it be while dining at their favorite local Mexican American restaurant or visiting other Mexican American-owned businesses, giving “Cinco Stars” is a small but powerful way to show support for small businesses.

Born in the small town of Tacuba, Mexico, Modelo has celebrated its Mexican heritage since it started brewing its distinctive beers in 1925. While Modelo Especial continues to be the #1 import beer in the U.S.1, the brand continues to innovate with new products that celebrate the strong Mexican culture seen throughout the U.S. – including the recent introduction of new offerings to the robust Chelada lineup.

Through all of its efforts, Modelo aims to remind fans that there are plenty of ways to “Cinco Auténtico” this year. For more information and to purchase items from the Modelo Mercado, visit Modelo’s Instagram page.

ABOUT MODELO® 
Born in 1925 in the small town of Tacuba, Mexico, Modelo has been bringing distinctive high-quality beer to people ever since, including Modelo Especial®, Modelo Negra®, and a flavorful lineup of Modelo Cheladas. Modelo Especial is a golden, full-flavored Pilsner-style Lager with a clean, crisp finish. As the #1 imported beer in the U.S.1, Modelo Especial recently surpassed 150MM cases sold in 2021. The Modelo family of beers are exclusively brewed, imported and marketed for the U.S. by Constellation Brands.

Media Contact:
Stephanie McGuane
Stephanie.mcguane@cbrands.com

1 Source: IQ 12LM ending November 2020

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/161240d3-6020-4284-9a42-63b19d4598c8

 

Posted on

Freshworks CRM for E-Commerce to Help Millions of Shopify Businesses Create More Delightful Customer Experiences

Merchants can now integrate Freshworks CRM with their Shopify storefront to create engaging and personalized experiences across sales, support, and marketing

SAN MATEO, Calif., April 26, 2022 (GLOBE NEWSWIRE) — Freshworks Inc. (NASDAQ: FRSH), a software company empowering the people who power business, today announced Freshworks CRM for e-commerce is now available in the Shopify App Store. The solution integrates directly with Shopify to provide its millions of merchants with a unified CRM that enables live conversational support, marketing and sales where and when consumers want to buy online.

“At the core of Shopify’s Ecosystem is our community of developers who give merchants access to critical commerce technology,” said Fatima Yusuf, Director of Commercial at Shopify. “We’re happy to welcome Freshworks to the Shopify App Store, bringing its insight and experience in customer engagement and conversational marketing to Shopify’s millions of merchants.”

Freshworks CRM for Shopify is a unified marketing, support, and sales solution purpose-built for Shopify storefront owners. Merchants can create more engaging customer experiences by segmenting and marketing to their customers based on custom Shopify events like cart abandonment and first-time visitors; and by automating and personalizing messages across email, live-chat, WhatsApp, and SMS using pre-built Shopify Playbooks.

“The Freshworks CRM platform can now enable millions of Shopify businesses to make their store as delightful and intelligent as the biggest online retailers,” said Prakash Ramamurthy, Chief Product Officer at Freshworks. “Built on a unified data model, the solution gives merchants a complete view of their customers. In a time of low tolerance for error, our platform helps merchants avoid alienating customers with things they hate—like repeating order information or wading through irrelevant products.”

Freshworks customer Arthi Raguram,  CEO of Deyga Organics said, “With Freshworks CRM we can now deliver a personalized and delightful experience — whether attracting more customers, turning visitors into sales or keeping customers happy with exceptional customer support.”

Freshworks CRM for Shopify is built on the Freshworks Neo platform, which enables a unified customer record with an ecosystem of thousands of apps and shared services.

About Freshworks Inc.
Freshworks Inc., (NASDAQ: FRSH) makes business software people love to use. Purpose-built for IT, customer support, sales and marketing teams, our products empower the people who power business. Freshworks is fast to onboard, priced affordably, built to delight, yet powerful enough to deliver critical business outcomes. Headquartered in San Mateo, California, Freshworks operates around the world to serve more than 56,000 customers including Bridgestone, Chargebee, DeliveryHero, ITV, Klarna, Multichoice, OfficeMax, TaylorMade and Vice Media. For the freshest company news visit www.freshworks.com and follow us on Facebook, LinkedIn and Twitter.

© 2022 Freshworks Inc. All rights reserved. Freshworks and their associated logos are trademarks or registered trademarks of Freshworks Inc. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.

Media Contact:
Jayne Gonzalez
408-348-1087
PR@freshworks.com

Posted on

Iveco Group 2022 First Quarter Results

The following is an extract from the “Iveco Group 2022 First Quarter Results” press release. The complete press release can be accessed by visiting the media section of the Iveco Group corporate website: https://www.ivecogroup.com/media/corporate_press_releases or consulting the accompanying PDF:

Iveco Group consolidated revenues of €3.0 billion (up 2% year on year).
Adjusted net income of €42 million and adjusted EBIT of €102 million.
Free cash flow of Industrial Activities negative €166 million, €137 million better than Q1 2021.

Consolidated revenues of €3,048 million, up 1.7%. Net revenues of Industrial Activities of €3,010 million, up 1.5%, mainly due to positive price realization and better mix.

Adjusted EBIT of €102 million (€134 million in Q1 2021), with a 3.3% margin. Adjusted EBIT of Industrial Activities of €82 million (€116 million in Q1 2021), with €34 million increase in Commercial and Specialty Vehicles. Powertrain adjusted EBIT of €45 million (€89 million in Q1 2021).

Adjusted net income of €42 million (adjusted net profit of €69 million in Q1 2021), which excludes a negative after-tax impact of €51 million in connection with our operations in Russia and in Ukraine, primarily due to the impairment of certain assets. Adjusted diluted earnings per share of €0.15 (adjusted diluted earnings per share of €0.21 in Q1 2021).

Reported income tax expense of €22 million, with adjusted effective tax rate (adjusted ETR) of 38% in Q1 2022. The adjusted ETR reflects the different tax rates applied in the jurisdictions where the Group operates, the unbenefited losses in certain jurisdictions and other discrete items.

Free cash flow of Industrial Activities was negative €166 million, a €137 million improvement compared to Q1 2021 due to lower seasonal working capital absorption, notwithstanding the impact of component shortages on inventory level. Net cash of Industrial Activities at €765 million (€1,063 million at 31st December 2021).

Available liquidity at €3,390 million as of 31st March 2022, up €1,954 million from 31st December 2021, including €1,400 million undrawn syndicated committed revolving credit facility (€500 million syndicated term facility was executed and fully utilized in Q1 2022) and €200 million undrawn committed revolving credit facilities signed in Q1 2022.

Attachment

Posted on

Freshworks Launches its First Unified CRM for E-Commerce Companies

The solution unifies conversational messaging, marketing, sales and customer support to address the potential $7 trillion direct to consumer retail market

SAN MATEO, Calif., April 26, 2022 (GLOBE NEWSWIRE) — Freshworks Inc. (NASDAQ: FRSH), a software company empowering the people who power business, today launched Freshworks CRM for e-commerce, a customer relationship management (CRM) solution with a unified customer record across conversational marketing, sales and customer support. Built for direct-to-consumer brands and digital retailers, the CRM solution empowers employees to engage their buyers directly through modern messaging channels, providing them with more personalized and delightful experiences. Freshworks CRM for e-commerce is now available directly from Freshworks and also on the Shopify App Store.

A recent study found that 96% of consumers who experienced poor customer service said that it affected their loyalty to a brand. In a world where consumers click to buy more on social, mobile and online channels, creating a $7.4 trillion digital commerce market by 2025, the line between customer service and purchasing decisions have blurred. But most existing CRM solutions force businesses to take an ‘add and integrate’ approach for sales, marketing and support, which fragments the buying and servicing experiences for customers.

Freshworks CRM for e-commerce helps companies engage customers on modern messaging channels including WhatsApp and text messaging across marketing, support and sales, empowering any business to compete on the same footing as the biggest names in e-commerce. It natively integrates with e-commerce platforms and packages marketing automation, multi-channel campaigns (email, chat, WhatsApp, and SMS), and conversational sales and support (live-chat and AI chat bots) to help businesses segment their audience, automate and personalize messages, and delight customers with proactive support. Buyers gain nearly instant answers to their questions and businesses can unify customer support insights across digital channels.

“Our first solution with a unified data model, Freshworks CRM for e-commerce, was built to help local businesses act on a complete view of the customer so they never have to do things they hate—like repeating order information or wading through irrelevant products and promotional emails. This marks a milestone in our product mission of helping businesses delight their customers,” said Prakash Ramamurthy, Chief Product Officer at Freshworks.

Early adopter, Dr. Renita Rajan, Managing Partner at The Lip Balm Company said, “With Freshworks CRM we can now deliver a personalized and delightful experience. Engaging our customers with context, turning visitors into sales, and keeping customers happy with exceptional customer support is helping our business grow.”

A unified customer record powered by Freshworks CRM for e-commerce will now enable businesses to:

  • Win the right customers. New “Multichannel Engagement Journeys” help marketers create comprehensive customer profiles and run segmented marketing campaigns based on their purchasing behavior across email, chatbots, SMS, WhatsApp, and social platforms like Instagram and Facebook.
  • Delight existing customers. New “Conversational Engagement” features like out-of-the-box chatbot templates for e-commerce, and order information available in the Agent Inbox all help support teams increase purchases and grow lifetime loyalty with personalized messaging and cart abandonment prompts without leaving the Freshworks platform.
  • Optimize the channel mix. Move away from costly assisted channels such as voice calls to offer digital-first, self-service customer support. As a result, companies can reduce operational costs and increase customer satisfaction by providing instant answers from a digital storefront.
  • Grow the business. Track all aspects of commerce to decrease time to order, drive repeat revenue and customer lifetime value (CLTV) with insights that sync contacts, purchase history, and relevant data between e-commerce platforms and Freshworks’ marketing automation solution.
  • Add right-sized capabilities. The new Freshworks CRM for e-commerce solution is modular, so companies can start with the marketing solution and then add support, or vice versa, to bring these teams closer than ever before with a unified CRM.

“Delivering a truly incredible online customer experience begins with making it easy for them to discover, purchase and ask for help whenever they need it,” said Brent Leary, co-founder, and partner of independent analyst firm CRM Essentials. “The best companies in the world find a way to unify commerce and support channels as consumers expect to complain and communicate in the same places they order and ask for refunds. Freshworks is helping businesses do that.”

Freshworks CRM for e-commerce is built on the Freshworks Neo platform, which enables a unified customer record with an ecosystem of thousands of apps and shared services.

About Freshworks Inc.
Freshworks Inc., (NASDAQ: FRSH) makes business software people love to use. Purpose-built for IT, customer support, sales and marketing teams, our products empower the people who power business. Freshworks is fast to onboard, priced affordably, built to delight, yet powerful enough to deliver critical business outcomes. Headquartered in San Mateo, California, Freshworks operates around the world to serve more than 56,000 customers including Bridgestone, Chargebee, DeliveryHero, ITV, Klarna, Multichoice, OfficeMax, TaylorMade and Vice Media. For the freshest company news visit www.freshworks.com and follow us on Facebook, LinkedIn and Twitter.

© 2022 Freshworks Inc. All rights reserved. Freshworks and their associated logos are trademarks or registered trademarks of Freshworks Inc. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.

Media Contact:
Jayne Gonzalez
408-348-1087
PR@freshworks.com

Posted on

Aella: Creating Solutions to Africa’s Problems With Credit

LAGOS, Nigeria, April 26, 2022 (GLOBE NEWSWIRE) — Creating solutions tailored to African problems is crucial in addressing the financial wellness of the continent. The peculiarity of the life patterns of the average African begs one to intentionally design and build mechanisms, to tackle financial illiteracy in the underserved communities. Aella has seized the opportunity to develop solutions to such problems by designing a Debt-as-a-Service model in Nigeria.

With over 300,000 agent clusters, Aella has built a nerve centre to empower businesses with credit infrastructure and business capital. Being one of the foremost micro-business lenders, they have continuously built with initiative and provided software and capital that allows individuals become lenders in minutes. This Debt-as-a-service model is powered by Aella’s finance mechanism using decentralized finance.

Aella’s partnership with Nomba, formerly known as Kudi: an agency bank in Nigeria is the first official lending partnership that highlights Aella’s role as a credit aggregator for agents. Consequently, building more products for them and integrating them into their ecosystem. Nomba has expanded its business by leveraging Aella’s credit infrastructure. In six months, Aella has disbursed over $30 million to Nomba agents hitting a milestone.

Another agency lending initiative birthed from Aella’s Debt-as-a-service model designed to boost Nigeria’s lending ecosystem is its partnership with CrowdForce, a technology-driven agent distribution network. This partnership will see Aella facilitate agents’ access to digital financial services for the largely offline population across the country by offering credit. In turn, Aella’s credit infrastructure provides over 60,000 agents with funds to scale their businesses.

Ultimately, Aella’s credit infrastructure operates in two ways; through asset financing and the debt as a service model. One of Aella’s most innovative partnerships is definitely its multimillion-dollar power financing collaboration with Buy Power, a utility payment platform to ease the process of buying electricity for Nigerian residents. Aella’s commitment to financial empowerment will enable Nigerians access power, through its diversifying credit solutions for over 6 million customers across the country with Buy Power. This integration will utilize Aella’s comprehensive technology platform to provide consumers with the opportunity to buy electricity on credit.

These partnerships are crucial to the overall development of the Nigerian economy and at large the African continent. Aella is introducing cost-effective ways for all classes of Nigerians to access credit. Ready access to credit is key to promoting financial freedom and inclusion, particularly among the underbanked population.

Contact: support@aellacredit.com