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AI · SaaS
Cloud adoption, digital transformation, remote work, AI, IoT, 5G and cybersecurity demand are creating opportunities across Mexico’s software, IT services and telecom sectors
Cloud adoption, digital transformation, remote work, AI, IoT, 5G and cybersecurity demand are creating opportunities across Mexico’s software, IT services and telecom sectors
Sep 21 · 09:03·GlobeNewswire
AI · SaaS
From Pumps to Liquid Cooling System Integration
Sep 21 · 09:02·GlobeNewswire
SaaS
Arc XP Compass recognizes a returning reader, remembers what they read last, and shows them what they missed. Editors still decide what leads. WASHINGTON, Sept. 21, 2026 -- Arc XP, the media technology platform built inside The Washington Post, launched Arc XP Compass, a...
Sep 21 · 07:59·PR Newswire
Finance · AI
HONG KONG, Sept 21, 2026 - Duiba Group Limited (Stock Code: 01753.HK), the Hong Kong-listed operator that has become one of China's fastest-scaling AI short-drama platforms, announced that its controlling shareholder, Xiaoliang Holding Limited, has agreed to transfer 120,682,000 ordinary shares — approximately 11.21% of issued share capital — for nil consideration to Kewei Holding Limited, the Company's employee share award platform.
The transfer, executed on 20 September 2026, is understood to be the largest founder-to-ESOP donation by percentage of share capital in the history of the Hong Kong stock market. It is not a disposal for cash. No shares are being sold into the market; all of them are being placed into a vehicle whose sole economic purpose is to reward and retain employees.
Crucially, the arrangement is being funded entirely from the founder's personal shareholding. It involves no issuance of new shares and therefore no dilution to existing shareholders, and it consumes no company capital — no cash, no treasury reserves, no debt. The 120,682,000 shares are being transferred at nil consideration from the founder's own account to the employee incentive platform, meaning the cost of motivating and retaining the core team is borne by the founder, not by public investors or the Company's balance sheet.
Six months of exponential growth
The transfer comes as Duiba's AI short-drama business enters a phase of compounding growth. On Douyin's native end, cumulative playback from June to August rose 178%. In July and August, Duiba ranked top three across the entire industry for two consecutive months, and was the only leading player to sustain month-on-month growth above 50% in both months.
Seven years, zero founder selling
Duiba listed on the Main Board of The Stock Exchange of Hong Kong on 7 May 2019. According to HKEX disclosure records, Mr. Chen Xiaoliang, the founder and controlling shareholder, voluntarily extended the post-IPO lock-up to three years at the time of listing and, from the IPO through the date of the transfer, has never reduced his personal beneficial shareholding.
The 20 September arrangement is therefore the first change in the founder's ownership structure in the seven years since listing — and its direction is unambiguously inward.
"This is the clearest possible signal that the controlling shareholder is backing the next chapter of the business rather than exiting it," a Company spokesperson said. "The shares go to an ESOP vehicle, not to the market."
After completion, Xiaoliang Holding will remain the controlling shareholder with approximately 31.01%, down from 42.21%. Kewei Holding, which currently holds only 0.17%, will hold approximately 11.38%.
A war chest for AI talent
Kewei Holding has undertaken to introduce new incentive schemes with vesting and lock-up arrangements under the Company's equity incentive management measures. The stated focus is AI businesses, with AI short drama at the centre. Existing and future awards will be subject to service and performance conditions, aligning key employees with long-term shareholder value.
The timing is deliberate. The AI short-drama sector is expanding rapidly, but hits remain scarce: fewer than 0.5% of new AI short dramas on Douyin surpass 100 million views. In that environment, the constraint on growth is not capital — it is the ability to retain writers, algorithm engineers, producers and commercialisation talent capable of turning AI tooling into repeatable hits.
By moving roughly 11% of the Company into a locked-up, performance-vested incentive pool, Duiba is, in effect, converting founder ownership into collective engineering and creative capacity.
The AI bet is already compounding
Duiba was founded in 2014, is headquartered in Hangzhou and listed on HKEX in May 2019. It built its early business on points-and-benefits SaaS and internet advertising, serving more than 16,000 enterprise clients. In late 2025 it moved strategically into AI short drama, building a full-stack pipeline spanning AI scriptwriting, AI production and AI distribution — what the Company describes as the industrialised, scaled monetisation of AI-generated content.
Financials: revenue and gross profit rising in tandem
The Company's 2026 interim results show that the growth is reaching the income statement, not merely the traffic ledger.
For the six months ended 30 June 2026:
Metric
1H2026
Change
Total revenue
RMB 434.7 million
+24.3% YoY
Gross profit
RMB 74.5 million
+30.0% YoY
Gross margin
17.1%
16.4% (1H2025)
Loss attributable to owners
RMB 25.3 million
narrowed
AI short-drama revenue
RMB 222.6 million
51.2% of group revenue
The Group's traditional SaaS and advertising operations contributed nearly RMB 70 million of gross profit in the first half and are expected to continue providing earnings support, while AI short drama has become the dominant revenue driver.
Asset quality also appears intact. The Company reported net assets of RMB 1.175 billion, cash and short-term wealth management products of approximately RMB 400 million, and prepayments of RMB 345 million, largely related to the bank instant-discount business and recyclable into working capital.
Why the transfer matters now
Three things make the move more than a symbolic gesture.
First, it is structurally a gift, not a sale. The nil-consideration transfer means the founder receives no cash. For a controlling shareholder who has not sold a single share in seven years, the decision moves equity from a personal account to a collective one.
Second, it arrives at a moment of operational inflection. Douyin rankings, view-count trajectories and the first-half revenue split all point in the same direction: AI short drama has become the core business, and locking talent into it via vesting and lock-ups addresses the binding constraint on its next phase.
Third, it creates a credible incentive currency. An ESOP pool of roughly 11.38% is large enough to be material for hires and retention, yet structured with vesting and lock-ups that prevent it from becoming a short-term payout.
The road ahead: overseas expansion and the short drama alliance business
Duiba's second-half outlook rests on two tracks: AI short-drama expansion and a stable SaaS and advertising base.
On the global front, the Company is accelerating its overseas push into a market it estimates at US$4 billion in 2026, up 390% year on year, with management expecting overseas operations to begin contributing revenue in the fourth quarter.
Domestically, it is pursuing a strategy of the short drama alliance business,expanding to tens of thousands of app media clients via SDK access. Its distribution footprint extends beyond Toutiao and Hongguo to Tencent, Kuaishou, Baidu and more than 20 mid-tier platforms.
This is not a founder exit. It is a founder-to-employee capital allocation: a seven-year holder converting personal ownership into collective incentive capacity at precisely the moment Duiba's AI short-drama business is compounding on both the view-count and income-statement lines.
Sep 21 · 05:51·ACN Newswire
SaaS
Eden Prairie, Minnesota--(September 21, 2026) - EnduraData, Inc., a leading provider of enterprise cross-platform data synchronization and real-time file replication solutions, today announced that its signature software platform, EDpCloud, has been selected by the U.S. Army to drive its enterprise-wide Linux file replication and digital records synchronization infrastructure.To view an enhanced version of this graphic, please...
Sep 21 · 05:40·Newsfile
SaaS · Healthcare
LONDON and ST HELIER, Jersey, Sept. 21, 2026 -- Bloomsbury Money Group today announced the appointment of Thomas Holst as Chief Technology Officer. Holst joins from SAP's health technology ecosystem, and brings more than a decade of experience building data-intensive,...
Sep 21 · 05:00·PR Newswire
Finance · SaaS
HONG KONG, Sept 21, 2026 - Direct Drive Tech Limited (the “Company”, stock code: 06731) announces its Global Offering and the listing of Shares on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”).
According to the listing documents, Direct Drive Tech Limited is a robotics technology company with direct drive technology as company’s core capability. Company primarily engage in the sales of robotic actuator modules, and to a lesser extent, robots, in China. Company operate in (i) PRC consumer robotic actuator module industry, a sub-segment representing 26.3% of PRC robotic actuator module industry and (ii) PRC wheel-legged and PRC dual-wheel-legged robot industry in China, sub-segments representing less than 1.0% of the PRC robot industry. Company serve subsegments of the PRC robotic actuator module industry and PRC robot industry, specifically (i) PRC consumer robotic actuator module industry and (ii) PRC wheel-legged robot industry. From company’s inception to June 30, 2026, company’s robotics technology has empowered over 7.5million robots across consumer, industrial and commercial application scenarios, as well as embodied intelligence robots.
Direct Drive Tech Limited plans to offer an aggregate of 50,000,000 Shares (subject to the Over-allotment Option) under the Global Offering, of which 47,500,000 Shares (subject to reallocation and the Over-allotment Option) will be offered by way of International Offering, and 2,500,000 Shares (subject to reallocation) will be offered in the Hong Kong Public Offering. The Offer Price will be HK$21.60 per Offer Share, with the board lot size of 100 shares.
The Hong Kong Public Offering commenced on Monday, 21 September 2026 and is expected to close at 12:00 noon (at 11:30 a.m. for completing electronic applications under the White Form eIPO service) on Thursday, 24 September 2026. Dealings in H Shares on the Stock Exchange are expected to commence on Tuesday, 29 September 2026.
Direct Drive estimates that company will receive net proceeds from the Global Offering of approximately HK$982.5 million, after deducting underwriting commissions, fees and estimated expenses payable by us in connection with the Global Offering, assuming the Over-allotment Option is not exercised and an Offer Price of HK$21.60 per Offer Share. The company intend to use the net proceeds of the Global Offering for the following purposes: approximately 50.0%, or HK$491.3 million, will be used to enhance R&D capabilities in key robotics technologies; approximately 20.0%, or HK$196.5 million, will be used to deepen collaboration with industry partners and broaden sales network; approximately 20.0%, or HK$196.5 million, will be used for improving production capability and efficiency; approximately 10.0%, or HK$98.3 million, will be used for working capital and general corporate purposes.
The Company has successfully procured HK Technology Innovation and JSC International (for and on behalf of Shenghai SP) as cornerstone investors, the Cornerstone Investors have agreed to, subject to certain conditions, subscribe, or cause their designated entities to subscribe, at the Offer Price, for such number of Offer Shares (rounded down to the nearest whole board lot of 100 H Shares) that may be purchased for an aggregate amount of approximately HK$472.0 million (the “Cornerstone Placing”).
CITIC Securities (Hong Kong) Limited is the sole sponsor. CLSA Limited serves as sponsor and Overall Coordinator. The joint global coordinators, joint bookrunners, joint lead managers and capital markets intermediaries comprise CLSA Limited, China Harbour International Securities Limited, CMB International Capital Limited and Futu Securities International (Hong Kong) Limited. Neutral Financial Holding Company Limited as an additional joint bookrunner, joint lead manager and capital markets intermediary.
About Direct Drive Tech Limited
Direct Drive Tech Limited was established in 2020 and is a "little giant" enterprises. As a Globally Leading Robotics Technology Company With direct drive technology as core capability, Adhering to the corporate mission of "bringing robots into every household", Direct Drive Tech is committed to making robots more efficient, dexterous and intelligent. The company currently boasts a team of over 400 members, including several Ph.D. holders and dozens of master's degree holders, with over 40% being R&D personnel, The Company has formed three major robot technology platforms: (1) The robotic actuator module technology platform; (2) The wheel-legged robot technology platform; (3) The modular reconfiguration technology platform.
Sep 21 · 04:34·ACN Newswire
Finance · SaaS
Morgan Stanley Investment Management (MSIM) announced today that the 1GT private climate equity strategy (1GT) led a €49 million Series E financing round for Amber Electric (Amber or the Company), an energy flexibility platform that enables customers to optimize how they store and use energy at home. This funding will support the Company’s continued growth and expansion in Europe. It follows the recent partnership wi
Sep 21 · 04:00·Morgan Stanley
AI · SaaS
AMD will show how high-performance compute and open software can help developers train, simulate and deploy intelligent robotic systems from the cloud to the edge.
Sep 21 · 00:00·AMD
SaaS
SINGAPORE, Sept. 20, 2026 -- 01F Group through its growth-stage fintech private equity arm, 01Fintech, today announced its investment in DANA, Indonesia's leading digital financial platform. The investment reflects 01F Group's commitment to supporting resilient, locally...
Sep 21 · 00:00·PR Newswire
AI · SaaS
Sydney, Australia--(September 20, 2026) - Scalare Partners Holdings Limited (ASX: SCP) ("Scalare" or "the Company") has invested in Auric, a Sydney-based technology company developing an AI-powered Scent Intelligence™ platform.Alongside the investment, Auric has established the Auric Scent Lab at Tank Stream Labs' Merchant House location at 333 Kent Street, Sydney. The dedicated facility will enable Auric to scale production, demonstrate its Aromasphere technology and accelerate...
Sep 20 · 23:30·Newsfile
Finance · AI
SHANGHAI, China, Sept. 20, 2026 -- Qfin Holdings, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qfin Holdings” or the “Company”), a leading AI-empowered Credit-Tech platform in China, today announced changes in its senior management and the composition of its board of directors (the “Board”). In light of the growth and potential of the Company’s international business and its long-term strategic development, Mr. Haisheng Wu, the chief executive officer and a director of the Company, intends to focus more of his time on the development of the Company’s international business. In order to dedicate his attention to this area, Mr. Wu will step down as the chief executive officer and a director of the Company and will cease to be a member of the compensation committee of the Board.
Sep 20 · 22:00·GlobeNewswire