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diconium takes off with Philipp Reth as manager in China

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Experienced mobility expert Philipp Reth is driving the reactivation of diconium’s Beijing location after Corona’s forced break in China.

STUTTGART, Germany, July 31, 2023 /PRNewswire/ — diconium is resuming its operations in the Chinese market with the appointment of Philipp Reth (47) as the head of the Chinese market division. In this role, the experienced mobility expert will immediately drive diconium’s business at the Beijing location after the break caused by the pandemic. His primary focus will be on supporting the Volkswagen Group and its joint venture partners in China. Additionally, he will work on establishing and expanding customer business in various sectors, including mobility, consumer goods & retail, banking & insurance, industry, and technology & media & telecommunications (TMT). He will also be responsible for expanding the diconium partner network in China and leading the local team of around 100 new hires and experienced diconium employees. The ultimate goal is to establish China as a fully-fledged diconium location that facilitates digital growth for diconium customers worldwide. Furthermore, diconium is already planning to open offices in Shanghai and Hefei. The management team in China is also seeking local reinforcements to work with Philipp Reth in a dual leadership role in the future. Philipp Reth will report directly to Anja Hendel, the Managing Director of the diconium Group.

China offers our customers major growth in the market. Currently, many companies are launching strategies in China, for which we will provide them with optimal local support,” says Anja Hendel, Managing Director of the diconium Group. “A crucial role is played by digital transformation, which is firmly anchored in diconium’s DNA. We are internationally positioned and have been accompanying our customers through the process of digitalization as a strong partner for more than 25 years. With Philipp Reth, we are gaining an absolute top force for the management of the business in China, who will specifically drive our reactivation on the Chinese market through his comprehensive expertise, strategic understanding and strong communication and leadership skills.”

“Overall, digitalization in China is significantly more advanced than in Europe. This transformational edge in the Chinese market poses huge challenges for many international companies, as there are major differences at a business level, as well as at strategic, organizational and operational levels,” says Philipp Reth. “Our goal is to bridge exactly these gaps for our customers. And we do this under the well-known motto ‘in China for China and from China to the world` at our own location in the country.”

Prior to joining diconium as the head of the Chinese market division, Philipp Reth served as the Head of Volkswagen Group Mobility at Volkswagen AG. He has an impressive background, having founded the car-sharing service WeShare and worked as its CEO until its acquisition by Miles. He also held various managerial positions at Door2Door, Arriva Group, and Deutsche Bahn. In 2021, Philipp Reth received the Eurostar award for Mobility Services.

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For images available for free use, please refer to https://we.tl/t-P4FxGKUye4.

About diconium

diconium is your partner for digital growth along the entire value chain. We build strategies, develop commerce platforms, and give you access to data-driven intelligence.

Rooted in commerce, grown in digital transformation – diconium is as integrated in the digital sales of STIHL as it is in the Volkswagen ID.4’s software, Bechtle’s brand platform, and Coop’s and Trumpf’s online shops. We can guarantee this with more than 2,000 employees in interdisciplinary teams of consultants, data experts, and software developers across 14 locations in Europe, North America, and Asia.

Further information can be found at www.diconium.com.

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Press Contact

Alica Tiedtke
[email protected]
+49 40 6794460

 

View original content:https://www.prnewswire.co.uk/news-releases/diconium-takes-off-with-philipp-reth-as-manager-in-china-301889363.html

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Blockchain Press Releases

HTX Appoints Singapore National Goalkeeper Hassan Sunny as Chief Safeguarding Officer

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SINGAPORE, June 15, 2024 /PRNewswire/ — HTX, a leading cryptocurrency exchange, proudly announces the appointment of Singapore national football team goalkeeper Hassan Sunny as Chief Safeguarding Officer.

“The partnership between HTX, the ‘People’s Exchange’, and Hassan Sunny, the ‘People’s Goalkeeper’, is a perfect match,” said Justin Sun, Member of the HTX Global Advisory Board. “Together, we will work to ensure the safety and security of user assets in the ever-evolving crypto world. Just as Sunny fearlessly protects his goal on the field, HTX is committed to protecting every user’s assets with the same determination and resolve, providing the safest and most reliable investment environment possible.”

Sunny also expressed his excitement about joining the HTX family, stating “I am excited to be part of HTX. I can’t wait to embark on this journey with the team.”

Sunny has been called a national hero in China for his outstanding performance in the final group match of the first round of the 2026 FIFA World Cup Asian Qualifiers against Thailand on June 11th. Despite facing relentless attacks, Sunny made an incredible 11 saves, including a crucial one in stoppage time. Singapore ultimately lost the match 1-3, but their result helped China qualify for the next round at the expense of Thailand.

About HTX:

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Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies – “global development, technology drives development, and technology for good” underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.

 

View original content:https://www.prnewswire.co.uk/news-releases/htx-appoints-singapore-national-goalkeeper-hassan-sunny-as-chief-safeguarding-officer-302173558.html

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New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund

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Helsinki-based Equilibrium Ventures (EQV), a new seed-stage venture capital fund focused on the crypto sector, has successfully closed the first round of its €30 million fund, raising €6 million from limited partners (LPs). This milestone highlights growing interest in blockchain startups and a promising future for the European crypto ecosystem.

The fund is led by an experienced team of partners: Mika Honkasalo, Henrik Sundvik (formerly of Bain & Company), and Christopher Ahn (ex-Molten Ventures investor). Equilibrium Ventures aims to attract and support founders with deep technical expertise in blockchain technologies, covering areas such as zero-knowledge proofs and smart contracts, essential for developing advanced blockchain solutions.

Equilibrium Ventures has attracted a diverse group of backers, including strategic investors, family offices, and notable LPs like Sebastien Borget, co-founder of the metaverse platform The Sandbox. This support underscores the fund’s credibility and signals growing confidence in crypto investments despite recent market challenges.

Dedicated to crypto infrastructure, Equilibrium Ventures emphasizes rigorous technical due diligence and value addition for pre-seed and seed engineering firms. With a network of about 70 blockchain engineers, mainly based in Europe, the fund is well-positioned to help startups develop robust blockchain technologies.

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The renewed interest in venture capital investment in blockchain, bolstered by evolving regulatory landscapes in the US and Europe, is expected to increase investor confidence in the crypto sector. Equilibrium Ventures, with its technical expertise and strategic support, is poised to become a significant player in Europe’s crypto venture scene.

Looking ahead, Equilibrium Ventures aims for a second close by the end of this summer, targeting 80% of the total fund. This progress indicates strong momentum and the potential for significant contributions to the European blockchain ecosystem.

Source: arcticstartup.com

The post New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund appeared first on HIPTHER Alerts.

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Blockchain

Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

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Riot Platforms, Inc. has announced its acquisition of a 14% stake in Bitfarms Ltd., as detailed in a recent press release by Riot Platforms. This move aligns with Riot’s strategy to influence corporate governance within Bitfarms.

Acquisition Details

On June 13, 2024, Riot Platforms purchased 1,432,063 common shares of Bitfarms Ltd., representing about 0.35% of Bitfarms’ issued and outstanding common shares. The shares were bought on the Nasdaq Stock Market and other open markets at an average price of approximately $2.70 per share, totaling $3,870,293.46.

Before this acquisition, Riot held 56,194,973 common shares of Bitfarms, equating to 13.65% ownership. With the new shares, Riot now holds 57,627,036 common shares, resulting in a 14% stake in Bitfarms.

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Strategic Intentions

Riot Platforms intends to call a special meeting of Bitfarms’ shareholders to nominate several independent directors to the board, citing concerns over Bitfarms’ corporate governance. Riot seeks to influence Bitfarms’ strategic direction and enhance its governance standards.

Riot is continuously reviewing its investment in Bitfarms and may adjust its position based on factors such as market conditions and the company’s financial status. Potential actions include increasing or decreasing its stake, entering into hedging transactions, or proposing additional strategic measures.

Forward-Looking Statements

The press release includes forward-looking statements subject to risks and uncertainties, reflecting Riot’s current expectations and assumptions. Riot cautions investors to consider these risks before making investment decisions.

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Riot’s vision is to become the leading Bitcoin-driven infrastructure platform, focusing on a vertically integrated strategy with Bitcoin mining operations in Texas and electrical switchgear engineering in Colorado.

Source: blockchain.news

The post Riot Platforms Acquires 14% Stake in Bitfarms Ltd. appeared first on HIPTHER Alerts.

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