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Archive for September 3rd, 2014

Bristlecone Names Irfan A. Khan as President and CEO

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MOUNTAIN VIEW, Calif., Sept. 2, 2014 /PRNewswire/ — Bristlecone, a subsidiary of Mahindra & Mahindra, today announced that its board of directors has appointed Irfan A. Khan as the President and Chief Executive Officer, effective immediately.

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Speaking on the appointment Ulhas Yargop, President, Information Technology Sector & CTO, Mahindra Group, said: “We are pleased to appoint Irfan Khan to lead Bristlecone into its next phase of growth and innovation. During his 12 years with Bristlecone, Irfan has played pivotal roles in the success of the company.”

“I am honored to have been chosen by the board. With a continuing focus on supply chain, we have increased innovation in the areas of cloud, data, mobility and analytic services. Our goal is to provide high value to our Customers and Partners through business solutions by expanding our service portfolio, innovation capabilities and our partnership ecosystem,” said Irfan.

Irfan has been part of Bristlecone for over a decade and was most recently the Senior Vice President, Global Field Operations. An accomplished industry veteran, Irfan has 20 years of leadership experience in large and medium sized organizations, where he successfully led organizational changes and process improvements in markets across the Americas, Europe, Middle East and Asia.

About Bristlecone

Bristlecone is a trusted supply chain advisor for a large number of Fortune 500 companies. Its services are an optimal blend of Industry, Process and Application knowledge. Bristlecone’s solution portfolio leverages its intellectual property towards next generation technologies such as Cloud, Analytics, Mobility and Social. Bristlecone partners with leading software firms like SAP, Oracle, Ariba, SPS Commerce and Kinaxis to provide differentiated and measurable value across multiple industries including Hi-Tech, Retail, CPG, Chemical, Automotive and Process Industries. Gartner has rated Bristlecone among the top Supply Chain Management System Integrators.

Headquartered in Mountain View, California, Bristlecone has a global presence including offices in NA, Europe andAsia Pacific. To know more visit:

Contact :
Manish Rathour
Director – Marketing
India : +91-9739102050
US : +1 650-386-4117
E :
W :

Source: Bristlecone India Limited

Written by asiafreshnews

September 3, 2014 at 4:45 pm

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Chuncheon Leisure Sports Festival Ready for Opening

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CHUNCHEON, South Korea, Aug. 29, 2014 /PRNewswire/ — Everything is ready for an annual leisure sports festival set to open this week in a provincial city east of Seoul, organizers have said.

Chuncheon leisure sports festival ready for opening
Chuncheon leisure sports festival ready for opening

The organizing committee for the Chuncheon 2014 International Leisure Sports Festival said on Wednesday they have finished installing various structures at the festival’s main venues and training staff members with just two days left before the festival’s opening.

The 3rd edition of the festival is set to run until Sept. 2 in Chuncheon, 85 kilometers northeast of Seoul, with some 16,000 athletes from 46 different countries, including South Korea, attending. Around 200 foreigners are expected in town to participate in international competitions, they said, adding that some local and foreign athletes already begun practicing in areas near the venues.

About 150 volunteers and 150 civil servants have received training in areas from interpretation to directing parking, they said.

In addition, the organizers have completed repairs of an inline rink and a pavement leading to the landing field of the Mount Daeryong gliding site, both venues of the sports meet.

Local police and firefighting authorities will check on safety facilities at stadiums on Thursday, the organizers said.

“We’re ready to receive visitors after finishing educating volunteers and officials from the Chuncheon city government, repairing arenas and checking on accommodation to make the festival a success,” said Kim Yong-eun, secretary-general of the organizing committee.

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Source: Chuncheon World Leisure Sports Festival Organizing Committee

Written by asiafreshnews

September 3, 2014 at 4:15 pm

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International Leisure Sports Festival Kicks Off in Chuncheon

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CHUNCHEON, South Korea, Sept. 1, 2014 /PRNewswire/ — The annual leisure sports festival started on Friday in this provincial city east of Seoul with a qualifying match for an inline skating event.

International Leisure Sports Festival kicks off in Chuncheon
International Leisure Sports Festival kicks off in Chuncheon

The 3rd edition of the Chuncheon International Leisure Sports Festival will run until Sept. 2 at several venues in Chuncheon, 85 kilometers northeast of Seoul, with participation of some 16,000 athletes from 50 different countries, including South Korea, according to organizers.

About 200 of the athletes are foreigners and they are competing in three international events — inline slalom, action sports and paramotor gliding. Fourteen other events, including sports climbing, paragliding, tennis, baseball, dance sports and billiards, are for native Koreans only.

One of the major attractions for this year’s event is the variety of programs for visitors.

The programs include mountain hiking, a photo contest, canoe riding, water bike riding and making a bamboo water gun and a wind powered automobile. Various art and automobile exhibitions will also be showcased.

In addition, visitors can also ride motor boats, banana-shaped boats and fly boards free of charge during the festival.

The opening ceremony is scheduled to be held at the main stadium in Chuncheon’s Songam Sports Town at 7 p.m. Saturday, which will be followed by a K-pop concert.

To promote convenience for the large number of vistors expected to attend, the festival’s organizing committee said they will run shuttle buses connecting two train stations in the city to the sports town over the weekend.

About 160 volunteers will provide help with such areas as interpretation, transportation and assistance with race procedures, organizers said.

Choi Dong-yong, mayor of Chuncheon and chief organizer of the festival, expressed hope that as many people as possible would visit Chuncheon, a city well equipped with infrastructure for leisure sports, during the festival and go back home with unforgettable memories.

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Source: Chuncheon World Leisure Sports Festival Organizing Committee

Written by asiafreshnews

September 3, 2014 at 10:49 am

Posted in Uncategorized

DXY to Receive US$70 Million from Tencent

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BEIJING /PRNewswire/ — Ting Ting Group (“DXY”), the largest online healthcare service community in China, today announces that it will receive a strategic investment of US$70 million from TencentHoldings Limited (“Tencent“, SEHK 00700), a leading provider of comprehensive Internet services in China, in exchange for a minority equity stake of DXY on a fully diluted and as converted basis. The transaction is expected to close in the near future.

Following the closing of this investment, DXY will work with Tencent on a series of initiatives to bring its services to Tencent’s various platforms, including exploring possible services to integrate into Weixin and Mobile QQ. DXY has unique medical resources and the largest network of doctors in China. Its team is made up of medical and life science professionals with deep expertise and solid understanding of the healthcare sector in China.

DXY plans to invest the capital received from this investment and other resources into developing healthcare products for doctors, pharmaceutical companies, and consumers. Its priority is to create better products and content for doctors in China and to bring doctors and pharmaceutical (medical device) companies together on a single platform that can be accessed through multiple channels and allows for a more legally compliant and effective way of exchanging ideas and knowledge. Leveraging big data technology, DXY will also provide more accurate and higher value human resource solutions to healthcare companies and medical institutions in China.

Moving from servicing doctors and healthcare companies to consumer healthcare is one of DXY’s goals. This is also why DXY chose to raise capital even when it is already earning sizable profits currently. In the past year, DXY has been investing in and exploring opportunities related to consumer healthcare. DXY’s products, such as theFamily Medicine App and DXY Doctor, accumulated millions of users even without spending on marketing. Looking ahead, DXY plans to launch products in three categories — Weixin-based products, mobile apps, and Web-based products to continue to provide reliable medical and healthcare information and services to consumers.Given the prevalence of fake and inaccurate medical and healthcare information in China, which negatively impacts consumers, DXY is especially focused on ensuring the “reliability” of the information it provides through its platform. This is also the reason behind DXY’s decision to enter into consumer healthcare.

DXY also plans to experiment with O2O services, providing doctors in China with a platform and resources to carry out their medical practice on the go thereby fully unlocking the value of their expertise. There will also be O2O services aimed at patients that offer patients a better user experience.

DXY’s founder and President, Stanley Li, said, “Growth in the healthcare industry is much slower compared to other industries. Its business value relies on professional and in-depth cultivation, not just capital operations. Both DXY and Tencent attach great importance to the social value of and responsibilities associated with healthcare industry. What’s more gratifying is that Tencent and DXY appreciate and acknowledge each other’s values. In addition, our resources supplement each other. For DXY, in particular, the collaboration implies greater potential for healthcare business development through optimal utilization of Weixin and Mobile QQ platforms.”

Martin Lau, President of Tencent, said, “Tencent is an integrated Internet services company with a strong sense of social responsibility, we have been closely following the healthcare industry for a while. With a rich pool of over two million professional doctors, we understand DXY is an industry leader in the healthcare industry. Tencent is capable of connecting DXY’s talented pool of healthcare professionals and their medical knowledge database with tens of millions of users. This improves the ease of which our users can access healthcare information and professional medical help. Tencent lives out its commitment to deliver socially reliable products by providing more valuable, high-quality services to both doctors and consumers in China.”

Previously, DXY completed two rounds of investments from DCM and Shunwei China Internet Fund. Following this round of investment, DXY’s founding management team will continue to have a majority stake in DXY and have a majority in its board of directors. David Feng, Vice President of DXY and Richard Peng, Vice President ofTencent, will become DXY’s board members.

About Tencent

Tencent uses technology to enrich the lives of Internet users. Every day, hundreds of millions of people communicate, share experiences, consume information, seek entertainment, and shop online through our integrated platforms. Tencent’s diversified services include QQ, Weixin and WeChat for communications; Qzone for social networking; QQ Game Platform for online games; for information; as well as our eCommerce services.

Tencent was founded in Shenzhen in 1998 and went public on the Main Board of the Hong Kong Stock Exchange in 2004. Tencent has been one of the 50 constituent stocks of the Hang Seng Index since June 10, 2008, under stock code 00700. Tencent seeks to evolve with the Internet by investing in innovation, providing a hospitable environment for its partners, and staying close to its users.

About DXY

DXY ( is the world’s largest online professional community of physicians, medical institutions, healthcare providers, and life science researchers. It was established in 2000 and currently has over 4 million registered members in China and other countries. DXY’s mission is to facilitate communication, information sharing, and collaboration among medical professionals within all specialties of clinical medicine, basic medical research, life sciences, and pharmaceutical sciences.

Source: DXY

Related stocks: HongKong:0700 OTC-PINK:TCEHY

Written by asiafreshnews

September 3, 2014 at 9:33 am

Posted in Uncategorized