EQS Group-Ad-hoc: Achiko Limited / Keyword (s): Agreement
Achiko Limited: Achiko and Huawei Tech Investment sign a memorandum of understanding to boost sales of $ 15 million in 2020
18-March-2020 / 07:17 CET / CEST
Publication of an ad hoc announcement in accordance with art. 53 KR
The issuer is solely responsible for the content of this advertisement.
DO NOT COMMUNICATE, PUBLISH OR DISTRIBUTE (IN WHOLE OR IN PART) IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR IN ANY OTHER JURISDICTION WHERE TO DO SO WILL CONSTITUTE A VIOLATION OF RELEVANT LAWS OF SUCH JURISDICTION.
Achiko and Huawei Tech Investment sign memorandum of understanding to boost sales by $ 15 million in 2020
Zurich / Jakarta, March 18, 2020 – FinTech Achiko Ltd. (ACHI: SWX) and Huawei Tech Investment announce their intention to partner to provide market access and promote a series of exciting marketing activities to reach more than 250 million telecommunications users in Indonesia.
Huawei Tech Investment is a subsidiary of Huawei Technologies (HWI), a world leader in ICT solutions based in Indonesia. The company’s telecommunications network equipment, IT products and solutions and smart devices are used in 170 countries, serving more than a third of the world’s population. The marketing partnership with Achiko should generate a turnover of 15 million USD in 2020 and set a new benchmark in the use of digital telecommunications inventories and consumer engagement.
Starting today, consumers are invited to participate in the series of activities by clicking on a special URL found on the game’s banners, social media and buzzer accounts. Exciting prices such as high-tech mobile phones from Huawei, phone vouchers and more await you.
Kenneth Ting, CEO of Achiko Ltd, said: “Achiko is delighted to engage consumers across Indonesia with Huawei Tech Investment through their relationships with major telecommunications companies in Indonesia. With a marketing budget of up to $ 1 million to generate $ 15 million for the this year we have planned a series of marketing activities ranging from consuming the digital inventories of the three largest Indonesian telecommunications companies to creating exclusive microsites, cross promotional campaigns as well as online and offline activities. “
In collaboration with Huawei Tech Investment, Achiko has planned a series of presentation tours to launch its expanded platform and family of apps in the second quarter of 2020 to further engage consumers and build community across Indonesia . The platform, with its payment service capacity, including “ buy now, pay later ” options, consumer credit, vouchers, offers, gaming services, etc. is considered relevant not only for Indonesian consumers, but also for Asia, Europe and beyond.
About Achiko
Achiko is the holding company for the Mimopay and Kryptonite activities. The group has branches in Indonesia, Hong Kong, Singapore and South Korea.
Achiko has an experienced management team that has a proven track record in building internationally recognized digital businesses and has also implemented them for companies like Disney, TimeWarner (now WarnerMedia), Samsung, Kakao, Leon Entertainment and many more other.
Achiko has major shareholders such as MNC Group, the main media conglomerate in Southeast Asia and SOSV, a venture capital company based in the United States whose net IRR over the last 20 years places it in the top 10% of all venture capital funds in the world. The company graduated from MOX, an SOSV accelerator for cross-border mobile internet, in 2018.
More information is available at www.achiko.co.
About Huawei Tech Investment
PT Huawei Tech Investment is a subsidiary of Huawei Technologies (HWI), a world leader in ICT solutions based in Indonesia. The company’s telecommunications network equipment, IT products and solutions, and smart devices are used in 170 countries. Huawei was ranked 228th in the Global Fortune 500 in 2014, based on revenue.
More information is available at www.huawei.com/en/
press contact
Germany and Austria
Axel Mühlhaus / Dr. Sönke Knop
edicto GmbH
E: [email protected]
T: +49 69 90 55 05-51
Swiss
Marcus Balogh
Farner Consulting Ltd.
E: [email protected]
T: +41 44 266 67 67
Warning
This communication expressly or implicitly contains certain forward-looking statements regarding Achiko Ltd. and its activities. These statements involve certain risks, uncertainties and other known and unknown factors, which could cause the actual results, financial condition, performance or achievements of Achiko Ltd. are substantially different from all future results, performances or achievements expressed or implied by such a forecast. looking statements. Achiko Ltd. provides this communication from this date and does not undertake to update the forward-looking statements contained in this document as a result of new information, future events or otherwise.
EQS Group-Ad-hoc: Achiko Limited / Keyword (s): Agreement
Achiko Limited: Achiko and Huawei Tech Investment sign a memorandum of understanding to boost sales of $ 15 million in 2020
18-March-2020 / 07:17 CET / CEST
Publication of an ad hoc announcement in accordance with art. 53 KR
The issuer is solely responsible for the content of this advertisement.
DO NOT COMMUNICATE, PUBLISH OR DISTRIBUTE (IN WHOLE OR IN PART) IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR IN ANY OTHER JURISDICTION WHERE TO DO SO WILL CONSTITUTE A VIOLATION OF RELEVANT LAWS OF SUCH JURISDICTION.
Achiko and Huawei Tech Investment sign memorandum of understanding to boost sales by $ 15 million in 2020
Zurich / Jakarta, March 18, 2020 – FinTech Achiko Ltd. (ACHI: SWX) and Huawei Tech Investment announce their intention to partner to provide market access and promote a series of exciting marketing activities to reach more than 250 million telecommunications users in Indonesia.
Huawei Tech Investment is a subsidiary of Huawei Technologies (HWI), a world leader in ICT solutions based in Indonesia. The company’s telecommunications network equipment, IT products and solutions and smart devices are used in 170 countries, serving more than a third of the world’s population. The marketing partnership with Achiko should generate a turnover of 15 million USD in 2020 and set a new benchmark in the use of digital telecommunications inventories and consumer engagement.
Starting today, consumers are invited to participate in the series of activities by clicking on a special URL found on the game’s banners, social media and buzzer accounts. Exciting prices such as high-tech mobile phones from Huawei, phone vouchers and more await you.
Kenneth Ting, CEO of Achiko Ltd, said: “Achiko is delighted to engage consumers across Indonesia with Huawei Tech Investment through their relationships with major telecommunications companies in Indonesia. With a marketing budget of up to $ 1 million to generate $ 15 million for the this year we have planned a series of marketing activities ranging from consuming the digital inventories of the three largest Indonesian telecommunications companies to creating exclusive microsites, cross promotional campaigns as well as online and offline activities. “
In collaboration with Huawei Tech Investment, Achiko has planned a series of presentation tours to launch its expanded platform and family of apps in the second quarter of 2020 to further engage consumers and build community across Indonesia . The platform, with its payment service capacity, including “ buy now, pay later ” options, consumer credit, vouchers, offers, gaming services, etc. is considered relevant not only for Indonesian consumers, but also for Asia, Europe and beyond.
About Achiko
Achiko is the holding company for the Mimopay and Kryptonite activities. The group has branches in Indonesia, Hong Kong, Singapore and South Korea.
Achiko has an experienced management team that has a proven track record in building internationally recognized digital businesses and has also implemented them for companies like Disney, TimeWarner (now WarnerMedia), Samsung, Kakao, Leon Entertainment and many more other.
Achiko has major shareholders such as MNC Group, the main media conglomerate in Southeast Asia and SOSV, a venture capital company based in the United States whose net IRR over the last 20 years places it in the top 10% of all venture capital funds in the world. The company graduated from MOX, an SOSV accelerator for cross-border mobile internet, in 2018.
More information is available at www.achiko.co.
About Huawei Tech Investment
PT Huawei Tech Investment is a subsidiary of Huawei Technologies (HWI), a world leader in ICT solutions based in Indonesia. The company’s telecommunications network equipment, IT products and solutions, and smart devices are used in 170 countries. Huawei was ranked 228th in the Global Fortune 500 in 2014, based on revenue.
More information is available at www.huawei.com/en/
press contact
Germany and Austria
Axel Mühlhaus / Dr. Sönke Knop
edicto GmbH
E: [email protected]
T: +49 69 90 55 05-51
Swiss
Marcus Balogh
Farner Consulting Ltd.
E: [email protected]
T: +41 44 266 67 67
Warning
This communication expressly or implicitly contains certain forward-looking statements regarding Achiko Ltd. and its activities. These statements involve certain risks, uncertainties and other known and unknown factors, which could cause the actual results, financial condition, performance or achievements of Achiko Ltd. are substantially different from all future results, performances or achievements expressed or implied by such a forecast. looking statements. Achiko Ltd. provides this communication from this date and does not undertake to update the forward-looking statements contained in this document as a result of new information, future events or otherwise.