Blockchain Press Releases
Unlocking Success: How Haraj’s Partnership with Huawei Mobile Services (HMS) Transformed the Saudi Marketplace
DUBAI, UAE, June 22, 2023 /PRNewswire/ — In early 2020, Haraj, a popular online marketplace platform from Saudi Arabia, embarked on a transformative journey by launching on HUAWEI AppGallery and integrating with Huawei Mobile Services (HMS). This strategic partnership has played a crucial role in the success and growth of Haraj, enabling it to become one of the most visited digital platform in Saudi Arabia. In this interview, we had the privilege to speak with Abdulrahman AlThuraya, Senior Marketing Director at Haraj app, to explore the benefits and advantages that their partnership with HMS has brought to their business.
Haraj app has gained recognition as the leading online marketplace platform in Saudi Arabia. Designed with a user-friendly interface, the platform provides a seamless experience for users to buy and sell items with ease. Haraj’s commitment to offering a safe and trustworthy platform, combined with its dedication to delivering a seamless user experience, has played a vital role in its rapid growth and success.
According to Abdulrahman, the integration of Huawei Mobile Services and the onboarding onto HUAWEI AppGallery was a game changer for Haraj. By partnering with Huawei Mobile Services, Haraj gained access to hundreds of millions of new users, he said, allowing the platform to expand its services and cater to a broader audience. In 2022, through an always-on campaign with Petal Ads platform, Haraj acquired over 100,000 new users, fueling its growth and increasing revenue significantly.
With over 580 million monthly active users globally, Huawei Mobile Services user base presents an immense opportunity for Haraj to tap into a vast market. The platform has become the go-to platform for individuals seeking a reliable and convenient way to buy and sell goods in the region.
He emphasized on the fruitful partnership that joined Haraj with HMS team of experts describing the support and guidance provided by HMS team as invaluable. Haraj leveraged the robust and user-friendly HMS Core Open Capabilities, allowing for seamless integration of the app into AppGallery. This streamlined process has led to exceptional performance and significantly enhanced the user experience on Huawei devices. With the support of HMS’ experts, Haraj is poised to deliver innovative features and bring its vision of the future of marketplace platforms to life.
HMS Core empowers us with an array of user access capabilities. The precise message push capability of Push Kit enables us to effectively engage and retain users. With Analytics Kit’s multi-dimensional analysis service, we can harness AI-driven predictions based on user behavior and attributes, facilitating more refined operations.
To enhance development efficiency, HMS Core offers the convenient one-tap authorization and sign-in feature of Account Kit, reducing user churn caused by complex registration processes. For travel and lifestyle apps, the Location Kit provides a customized map display of offline stores, catering to the specific needs of users. Notably, HMS Core prioritizes user experience, evident in its comprehensive toolkit. In the realm of shopping, the ML Kit offers a suite of capabilities including smart product search, seamless translations, and real-time voice/visual search, empowering users with an enhanced purchasing experience.
About his vision on the future, Abdulrahman expressed his trust that Haraj’s partnership with HMS is opening doors to exciting possibilities and a broader audience reach. The primary objective is to provide a premium shopping experience for a wider user base. Haraj is committed to delivering innovative and engaging features to its users, and the collaboration with Huawei Mobile Services (HMS) will be instrumental in achieving this goal. Haraj plans to continue the partnership, expanding its user base in Saudi Arabia and beyond. By harnessing Huawei’s innovative technology and leveraging its unique features, Haraj aspires to become the ultimate marketplace platform for users in the region.
The successful journey of Haraj with Huawei Mobile Services (HMS) and HUAWEI AppGallery has revolutionized the online marketplace experience in Saudi Arabia. Through their partnership, Haraj has gained access to a vast user base, resulting in exponential growth and increased revenue. The user-friendly interface, comprehensive search functionality, and seamless integration on Huawei devices have propelled Haraj to the forefront of the digital marketplace landscape. With a vision for the future and a commitment to delivering innovation, Haraj aims to continue its collaboration with Huawei Mobile Services, providing a premium shopping experience to users in Saudi Arabia and beyond.
About Huawei Mobile Services (HMS)
Huawei Mobile Services (HMS) is a part of Huawei Consumer Business Group, which aims to provide a complete, all-scenario mobile ecosystem to Huawei device users. HMS users can enjoy official services such as AppGallery, Mobile Cloud, Themes, Video, Petal Search, Petal Maps and more which come along with EMUI. HMS covers users in over 170 countries and regions, serving as an ultimate and premium smart living experience to benefit every user. As the era of a fully connected world has arrived, HMS continues evolving to provide an optimised mobile experience and fulfil the commitment to bring the world closer.
Visit huaweimobileservices.com for more information on HMS.
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View original content:https://www.prnewswire.co.uk/news-releases/unlocking-success-how-harajs-partnership-with-huawei-mobile-services-hms-transformed-the-saudi-marketplace-301858149.html
Blockchain Press Releases
Bybit Expresses Deep Gratitude as Crypto Industry Unites Against Security Threats
DUBAI, UAE, Feb. 22, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, extends its heartfelt thanks to the global crypto community for the overwhelming support received in the wake of a recent security incident. This unprecedented show of solidarity has not only reinforced Bybit’s resilience but has also laid the foundation for stronger industry-wide measures to counter and prevent future hacking incidents. From institutional liquidity providers to leading blockchain security firms, the swift and coordinated response has exemplified the strength of the Web3 community.
A United Front Against Threats
As soon as the incident was detected, Bybit’s security team took immediate action—locking down systems, securing funds, and collaborating with top cybersecurity experts. The exchange received overwhelming support from key players across the industry, all working together to track, contain, and mitigate the impact of the exploit.
Ben Zhou, Co-Founder and CEO of Bybit, expressed his gratitude:
“It’s been a challenging period for Bybit, but one thing is clear—our partners have our backs. The support from Antalpha Global, Bitget, Pionex, MEXC, SoSoValue, Galaxy Digital, FalconX, Lido Finance, Solana Foundation, Ton Foundation, Ghaf Capital, Fenbushi, Bitvavocom, Tether and many others has been nothing short of incredible. Your trust, quick action, and solidarity mean everything. We’re moving forward, stronger and more determined than ever. Thank you for standing with us.”
Industry Leaders Take Immediate Action
Several major players in both DeFi and CeFi swiftly mobilized to prevent further movement of stolen funds and uphold market stability:
- Orbiter, deBridge, SynFutures, MYX, Thruster and Owlto blacklisted exploit-related addresses, preventing unauthorized transfers.
- Chainalysis rapidly tracked and published the exploiter’s wallet addresses, enabling a coordinated industry-wide response.
- SIS cross-chain bridge stepped up to block associated addresses, restricting the attacker’s ability to launder assets.
- Zero Shadows activated its 24/7/365 Global Response team, collaborating closely on Bad Actor Tracing and Identification, Funds Tracing, and Law Enforcement Communications to support the investigation and recovery efforts.
- Institutional clients, including TMSI, Bayside trading, Mathrix, Wintermute, Cumberland, GSR Markets, maintained their trading positions, reinforcing stability amid uncertainty.
“Their trust in us, despite the circumstances, speaks volumes about the maturity and resilience of this industry,” Ben added. “It shows a defining moment that proves crypto’s strongest players stand together when it matters most.”
A Community That Stands Together
Bybit also acknowledged the unwavering support from its VIP clients, traders, and broader user base. Messages of encouragement and patience from the community have been instrumental as the exchange works around the clock to enhance security measures and safeguard funds.
“While this has been a difficult moment, it is also a powerful reminder of why we are here—to build an open, resilient, and decentralized financial future,” Ben said. “The real work has just started, and with this level of unity in this space, we know we’ll come back even stronger.”
Bybit remains committed to transparency and will continue to provide updates as it implements additional security enhancements. The exchange is working closely with industry leaders to set new standards for crisis management, ensuring the safety and trust of its users while strengthening the broader industry’s defenses against future threats.
#Bybit / #TheCryptoArk
//ENDS
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press.
For updates, please follow: Bybit’s Communities and Social Media
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-expresses-deep-gratitude-as-crypto-industry-unites-against-security-threats-302382806.html
Blockchain Press Releases
DEX Platform DeriW Officially Debuts at the ‘Connecting Legends’ Event in Hong Kong
HONG KONG, Feb. 22, 2025 /PRNewswire/ — DeriW, powered by CoinW, celebrated the official product launch of its cutting-edge gas-free, decentralized perpetual exchange. The CoinW-hosted event took place at the prestigious The Henderson-Cloud 39 rooftop ballroom in Central Hong Kong during the ‘Connecting Legends’ after-party.
This landmark event brought together 400 leading figures from the cryptocurrency sector. It included crypto leaders, innovative projects, key opinion leaders (KOLs), and affiliates.
Interactive Fun and Airdrop Rewards
The evening began with an engaging short video showcasing DeriW as the pinnacle of trading platforms developed by the seasoned experts at CoinW.
Julia, Head of Marketing at DeriW, captivated the audience by outlining the core advantages of DeriW. She presented its vast opportunities available to traders and affiliates. There was also a sneak peek provided into the eagerly anticipated testnet launch.
Another highlight of the evening was a unique interactive event, designed to engage participants and give them a firsthand experience of DeriW’s user-centric platform.
Attendees had the opportunity to participate in various activities, and winners were rewarded with $USDT airdrops, which will be distributed following the platform’s mainnet launch.
Designed for the Future
DeriW sets itself apart by combining the robust security measures of traditional finance with the innovative flexibility of decentralized networks. At its core, DeriW utilizes state-of-the-art Layer 3 technology on Arbitrum Orbit.
This allows it to process up to 80,000 transactions per second without incurring gas fees.
Its technical prowess promises to deliver an unparalleled trading experience that is both cost-effective and exceptionally fast, catering to the needs of both novice and professional traders.
The launch was not only a celebration but also a forward-looking gathering that set the stage for the upcoming testnet phase of DeriW.
This phase is crucial as it allows users to evaluate the platform’s functionalities and provide necessary feedback.
It ensured that DeriW meets community standards and expectations before its full official rollout.
DeriW Ecosystem: A World of Opportunities
Following the Product Launch, DeriW invites Projects and Affiliates to take advantage of opportunities within the DeriW Ecosystem.
Affiliates can benefit from high commission rates of up to 50% and trading rebates for bringing in new traders, while Projects can make use of ample liquidity, token listing opportunities and extensive support for a successful product launch.
Stay Connected
DeriW is committed to transparency and community engagement.
Its official product launch is just the beginning of what promises to be a revolutionary journey in the world of cryptocurrency trading.
For those interested in DeriW’s latest developments and participating in its testnet:
- Follow them on Twitter: @deriwfi
- Visit their official website: www.deriw.com
- Join DeriW Community: https://t.me/deriwfinance
- Discord: https://discord.com/invite/deriwfinance
Join DeriW on this exciting journey to transform the digital finance landscape, one transaction at a time.
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View original content:https://www.prnewswire.co.uk/news-releases/dex-platform-deriw-officially-debuts-at-the-connecting-legends-event-in-hong-kong-302382795.html
Blockchain Press Releases
AB Set to Launch on BingX Exchange, Further Expanding Global Trading Channels
SINGAPORE, Feb. 22, 2025 /PRNewswire/ — AB DAO has officially announced that the AB token will soon be listed on BingX Exchange, with an official announcement to follow upon listing. This move will further expand global trading channels, enhance liquidity, and accelerate the worldwide growth of the AB ecosystem. This milestone will provide users with a seamless and secure trading experience while driving broader adoption of AB in the Web3 space.
As a leading global cryptocurrency exchange, BingX offers a secure and efficient trading environment for users worldwide. The listing of AB on BingX will enable more users to trade, invest, and actively participate in the AB ecosystem.
This listing is an important step in AB DAO’s global expansion strategy, with AB tokens set to be integrated into more major exchanges in the near future, expanding its use cases and accelerating ecosystem growth.
Additionally, investors can also trade $AB on HTX (htx.com), MEXC (mexc.com), and 4E (eeee.com). Furthermore, BitMart (bitmart.com) is also set to list the AB trading pair soon, providing even more trading opportunities for global investors.
Stay Updated on AB DAO
- Official Website: https://ab.org
- Telegram Community: https://t.me/Newtonproject
- Telegram Channel: https://t.me/AB202528
- X (Twitter): https://x.com/ABDAO_Global
- Discord: https://discord.gg/BSbgK6J
- Medium: https://medium.com/@AB.org
View original content:https://www.prnewswire.co.uk/news-releases/ab-set-to-launch-on-bingx-exchange-further-expanding-global-trading-channels-302382794.html
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