DDC and Hewen Launch Joint Venture to Scale Ready-Made Convenience Meal Business, Backed by USD 15M Profit Commitment

DDC and Hewen Launch Joint Venture to Scale Ready-Made Convenience Meal Business, Backed by USD 15M Profit Commitment

Strategic partnership targets China’s booming ready-to-eat market, combining DDC’s innovative brands with Hewen’s production expertise

NEW YORK–(BUSINESS WIRE)–DDC Enterprise, Ltd. (NYSEAM: DDC), (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announced a binding agreement to form a joint venture (JV) with Hewen Agricultural Technology Limited, a premium prepared-meal producer, to scale delivery of ready-to-eat (RTE) solutions for major e-commerce platforms, restaurant chains, and direct-to-consumer brands in Mainland China. Hewen has committed to generating USD 15 million in profits for the JV over the next five years, with annual dividends distributed to shareholders. The joint venture will become one of DDC’s consolidated subsidiaries and is expected to further expand its production capability and distribution network in the market.

“This partnership accelerates our mission to redefine convenience in Asian cuisine,” said Ms. Norma Chu, Chairwoman and CEO of DDC. “By combining DDC’s innovation-driven brands with Hewen’s localized production expertise, we’re poised to capture the fast growing demand for high-quality, health-focused meal solutions across China’s digital and offline ecosystem.”

“Our collaboration with DDC is a milestone in advancing China’s prepared-food industry,” added Mr. Wenbo Qin, CEO of Hewen. “With shared values in quality and scalability, this JV will set new benchmarks for culinary excellence and operational efficiency in the RTE sector.”

Pursuant to the binding term sheet, Hewen committed to leverage its existing production capability and product development know-how to further expand its business reach in the market to more e-commerce platforms, major restaurant chains, and DTC brands on social platforms like Douyin (Tiktok). It also committed to DDC that the Joint Venture will have an annual profit of more than RMB 20 million (approximately USD 3 million) in 2025 and for the following 4 years. All after-tax profits of the Joint Venture will be distributed as dividends every year according to the shareholding ratio of the Joint Venture partners.

DDC will grant Hewen restricted shares. The shares will be issued within 10 business days after the Joint Venture is established. These restricted shares will be unlocked according to the actual achievement of the Joint Venture’s profit committed by Hewen over the next 5 years.

ABOUT DAYDAYCOOK

DayDayCook is on a mission to share the joy of Asian cooking culture with the world, offering a suite of accessible and healthy ready-to-eat, ready-to-cook, and ready-to-heat products that cater to the global palate. DayDayCook has evolved from a culinary content authority to a multi-brand powerhouse, curating a broad range of products that champion authenticity, nutrition, and convenience. The company’s growing portfolio includes DayDayCook, Nona Lim, Yai’s Thai, Omsom, MengWei, and Yujia Weng. Follow the Company on LinkedIn.

ABOUT HEWEN

Hewen Agricultural Technology was founded in 2015, specializes in producing pre-made and convenience meal solutions providing catering services and RTE products, emphasizing health, convenience, and premium quality. Its customer base includes renowned brands like Haidilao, Xi Bei, and Dingdong Maicai, the company delivers standardized culinary solutions while maintaining a focus on innovation and market expansion. Committed to shaping healthier trends in Chinese cuisine, it continues to strengthen its industry leadership through advanced production know-how and customer-centric offerings.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements, including, for example, statements about completing definitive agreements with Huwen Agricultural Technology to form a joint venture to expand sales and distribution network in the Mainland China market, NYSE and SEC compliance, estimated revenue, margins, cash and growth and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

Source: DDC Enterprise, Ltd.

Investors:

Jeff Ervin

[email protected]

KEYWORDS: China United States North America Asia Pacific New York

INDUSTRY KEYWORDS: Delivery Services Retail Technology Supermarket Electronic Commerce Food/Beverage

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OSI Systems Receives $4 Million Award for Patient Monitoring Solutions

OSI Systems Receives $4 Million Award for Patient Monitoring Solutions

HAWTHORNE, Calif.–(BUSINESS WIRE)–
OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare®, is expanding its footprint with an existing U.S.-based customer under an agreement to provide approximately $4 million of patient monitoring solutions and related supplies and accessories to the hospital.

The agreement, which was facilitated in conjunction with a strategic partner, is part of Spacelabs’ ongoing mission to foster relationships with hospitals and health systems and help providers deliver exceptional care to their patients through near-term and long-term projects.

“We are committed to assisting organizations in modernizing their infrastructure and elevating their patient care,” said Ajay Mehra, OSI Systems President and CEO. “Healthcare organizations are being asked to do more with less, and we believe that technology can be instrumental in ensuring patients receive the care they need.”

Spacelabs is dedicated to solving challenges the healthcare system currently faces, including the need to enhance the patient experience, improve population health, reduce costs, and support care team well-being. As part of its mission, Spacelabs develops services and technologies that are personalized and tailored to support the needs of healthcare providers anywhere in the world.

About OSI Systems

OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to OSI Systems’ current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems’ control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. OSI Systems assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information, or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of factors that could cause OSI Systems’ future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in OSI Systems’ most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission.

OSI Systems, Inc.

Ajay Vashishat

Vice President, Business Development

310-349-2237

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Other Manufacturing Technology Medical Supplies Hospitals Manufacturing Practice Management Hardware Health General Health

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DigitalOcean Provides Secure, High-Performance Multi-Cloud Connectivity with DigitalOcean Partner Network Connect

DigitalOcean Provides Secure, High-Performance Multi-Cloud Connectivity with DigitalOcean Partner Network Connect

New connectivity solution is designed to simplify multi-cloud and hybrid cloud networking, helping to enhance performance and security options for businesses

NEW YORK–(BUSINESS WIRE)–DigitalOcean Holdings Inc (NYSE: DOCN), the simplest scalable cloud for growing businesses, today announced the general availability of DigitalOcean Partner Network Connect, designed to be a secure, high-performance connectivity solution to simplify multi-cloud and hybrid-cloud networking. The service enables businesses to establish private, secure connections between DigitalOcean and other cloud providers or private clouds, bypassing the public internet for improved security, predictable latency, and optimized network performance.

DigitalOcean’s all-in pricing with no charges on the data transfer lowers the total cost of ownership, making it more cost effective for businesses. Partner Network Connect also enhances existing network solutions like DigitalOcean VPC and VPC Peering by extending private connectivity beyond a single cloud environment, and complements services like load balancers by enabling secure, predictable traffic paths between environments.

As more businesses adopt multi-cloud and hybrid cloud environments, managing cloud connectivity can become both complex and costly. Partner Network Connect offers a seamless solution, providing a private connection to support distributed workloads, powered by DigitalOcean’s integration with Megaport, a leading Network-as-a-Service (NaaS) provider. This solution helps growing businesses connect DigitalOcean with other cloud providers such as AWS, Google Cloud, Microsoft Azure, Oracle Cloud, and others – without the complexity or expense of traditional VPNs or self-managed solutions.

“DigitalOcean Partner Network Connect provides customers with a more secure, high-performance networking between DigitalOcean and other cloud providers or on-premises data centers,” said Bratin Saha, Chief Product and Technology Officer at DigitalOcean. “This integration with Megaport equips businesses with the capability they need to connect their multi-cloud infrastructure easily, helping to improve security, performance, and cost control, all with the simplicity and predictable pricing from DigitalOcean.”

“Integrating with DigitalOcean addresses a clear market need for simpler multi-cloud connectivity,” said Michael Reid, CEO of Megaport. “Growing businesses shouldn’t have to choose between performance and simplicity, especially when running data-intensive or AI workloads. Our integration with DigitalOcean provides private, high-speed connections for today’s distributed applications, helping customers move data efficiently across cloud environments without the traditional networking headaches or costs.”

Key Benefits of Partner Network Connect:

  • Improved latency: Low latency, high-bandwidth private connectivity (1 Gbps to 10 Gbps) for faster, more reliable performance across cloud and on-premises environments.
  • Enhanced security: Private connections are designed to keep sensitive data off the public internet, helping to provide added security for critical workloads.
  • Cost optimization and predictability: Businesses can minimize data transfer costs by avoiding egress charges and optimizing cross-cloud networking.
  • Simplified management: There is no separate review process for throughput reservation. Customers simply reserve the needed throughput from the DigitalOcean Networking console and complete the connectivity with Megaport.

Real-world Use Cases:

  • FinTech & Healthcare companies handling sensitive data: Organizations in regulated industries can help enhance security by keeping financial transactions and patient records off the public internet.
  • AdTech and MarTech: Companies looking to enhance content delivery, data-driven personalization, and real-time ad bidding using multi-cloud connectivity.
  • SaaS providers managing multi-cloud deployments: Software companies deploying applications across DigitalOcean and other cloud providers can simplify cross-cloud networking, reducing operational complexity and costs.
  • Online businesses, like global e-learning platforms: These organizations serve students and educators across various regions, and require the ability to deliver data to multiple geographic locations while maintaining performance and unified end-user experience.

Partner Network Connect is available in all DigitalOcean regions except SYD1, LON1, BLR1 and TOR1. It can be accessed via both the UI and API. To learn more or get started, visit the DigitalOcean Partner Network Connect documentation.

About DigitalOcean

DigitalOcean is the simplest scalable cloud platform that democratizes cloud and AI for growing tech companies around the world. Our mission is to simplify cloud computing and AI to allow builders to spend more time creating software that changes the world. More than 600,000 customers trust DigitalOcean to deliver the cloud, AI, and ML infrastructure they need to build and scale their organizations. To learn more about DigitalOcean, visit www.digitalocean.com.

About Megaport

Megaport is changing how businesses connect their infrastructure, with one smart and simple platform to manage every connection. Build secure, scalable, and agile networks in just a few clicks, accessing global endpoints and creating private paths in minutes. Trusted by the world’s leading companies, Megaport partners with global service providers, DC operators, systems integrators, and managed services companies, and operates in 930+ enabled locations worldwide. Megaport is ISO/IEC 27001 certified. Join the network revolution at megaport.com.

DigitalOcean Media

Aircover Communications

[email protected]

DigitalOcean Investor Contact

Melanie Strate

[email protected]

Megaport Media Enquiries

Adam Hennessy, Head of Marketing – Brand & Communications, Megaport

Phone: +61 7 3088 7400

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Data Management Security Technology Other Technology Software Networks Artificial Intelligence

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DigitalOcean Kubernetes Unlocks Superior Scalability for Growing Businesses

DigitalOcean Kubernetes Unlocks Superior Scalability for Growing Businesses

Enhanced platform helps eliminate barriers to scale Kubernetes, while allowing businesses to realize greater simplicity and cost-efficiency

NEW YORK–(BUSINESS WIRE)–
DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for growing tech companies, today announced a major evolution of its DigitalOcean Kubernetes Service (DOKS). This release provides customers effortless scaling up to 1,000 nodes for simplified growth, streamlined and secure networking for easier cloud integration, optimized network routing for faster performance & lower latency, and fully-managed networking tools that significantly reduce operational overhead.

DOKS offers a simple, 1-click experience for cluster creation with optimized defaults, diverse CPU and GPU droplet options, and integrated cloud resources. Customers can effortlessly scale their infrastructure to meet demand, from everyday workloads to unexpected traffic spikes – along with straightforward onboarding, and predictable pricing without hidden costs.

“DigitalOcean is excited to announce a major evolution of DOKS, helping growing tech companies overcome scalability and performance barriers with Kubernetes,” said Bratin Saha, Chief Product and Technology Officer, DigitalOcean. “This expansion enables organizations to seamlessly run larger workloads within a single cluster, simplifies secure cloud networking, and significantly reduces operational overhead.”

Key enhancements to DigitalOcean Kubernetes include:

  • Seamless scaling: Efficiently scales from a few nodes to 1,000, significantly reducing complexity and operational overhead.
  • Simplified VPC networking:VPC-native Kubernetes simplifies network management and improves security, reducing configuration complexity.
  • Improved performance at scale: eBPF-based routing enhances data plane latency, bandwidth efficiency, and optimizes network routing for external-facing applications.
  • Fully-managed Cilium for higher-performance networking: Accelerates network scaling with autoscaling workloads, minimizing operational management.

Customer Commentary:

NoBid, whose ad-tech platform processes 200 billion auctions monthly across hundreds of containers across 4 regions, handles over 300,000 concurrent requests per second using DOKS.

“DigitalOcean Kubernetes provides NoBid with a powerful platform for our containerized workloads,” said Shawn Petersen, CIO at NoBid. “Additionally, the ability to rapidly scale based on business demand, handle 1.3 PB/month in data egress, along with seamless inter-cluster connectivity with VPC peering were all key differentiators for us to partner with DigitalOcean.”

To learn more about DigitalOcean Kubernetes, please read this blog post, or visit our product page. Additionally, check out the DigitalOcean YouTube channel for informative videos about the new updates.

About DigitalOcean

DigitalOcean is the simplest scalable cloud platform that democratizes cloud and AI for growing tech companies around the world. Our mission is to simplify cloud computing and AI to allow builders to spend more time creating software that changes the world. More than 600,000 customers trust DigitalOcean to deliver the cloud, AI, and ML infrastructure they need to build and scale their organizations. To learn more about DigitalOcean, visit www.digitalocean.com.

Media Contact

[email protected]

Investor Contact

Melanie Strate

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Data Management Technology Other Technology Software Networks Artificial Intelligence

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Proficient Auto Logistics Acquires Brothers Auto Transport, Expanding Fleet and Market Presence

Proficient Auto Logistics Acquires Brothers Auto Transport, Expanding Fleet and Market Presence

JACKSONVILLE, Fla.–(BUSINESS WIRE)–
Proficient Auto Logistics (NASDAQ: PAL), a leading provider of auto transportation and logistics services, today announced the successful acquisition of Brothers Auto Transport, LLC, a well-established carrier based in Wind Gap, PA. This transaction strategically expands PAL’s fleet, base of talented company drivers, and strengthens its presence in key northeastern markets.

Founded in 1996, Brothers Auto Transport brings new, and expands existing, OEM partnerships in PAL’s portfolio, further enhancing service capabilities and customer reach. With a strong track record of profitability, operational excellence, and reputation in the industry, Brothers Auto Transport’s expertise fits with PAL’s philosophy and supports PAL’s continued growth.

“This acquisition is an important milestone in our growth strategy,” said Richard O’Dell, Chief Executive Officer of Proficient Auto Logistics. “Brothers Auto Transport has built a well-run, profitable business with deep-rooted OEM relationships. The operational and geographic synergies between our companies will allow us to provide a higher level of service to our customers while elevating our presence in the Northeast. While this transaction is smaller than prior acquisitions, we expect the business to be accretive immediately, proportional to its size, and positioned to contribute to PAL’s long-term financial and operational objectives.”

The Brothers acquisition increases PAL’s fleet capacity by 13%, while integrating experienced drivers and operational and support management personnel into Proficient Auto Logistics’ team.

“This is an exciting opportunity for Brothers Auto Transport,” said Don Carney, former owner of Brothers. “Joining Proficient Auto Logistics allows Brothers to leverage additional resources, expand reach, and continue delivering the high-quality service customers expect. We look forward to the road ahead.”

The acquisition reinforces Proficient Auto Logistics’ position as a leading national provider of auto transport solutions, allowing the Company to deliver comprehensive service capabilities to both existing and new customers while maintaining a strong financial foundation.

For more information, visit www.proficientautologistics.com.

About Proficient Auto Logistics

We are a leading specialized freight company focused on providing auto transportation and logistics services. Through the combination of six industry-leading operating companies since our IPO in May 2024, we operate one of the largest auto transportation fleets in North America. We offer a broad range of auto transportation and logistics services, primarily focused on transporting finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards to auto dealerships around the country.

Investor Relations:

Brad Wright

Chief Financial Officer and Secretary

Phone: 904-506-4317

email: [email protected]

KEYWORDS: United States North America Canada Texas Pennsylvania

INDUSTRY KEYWORDS: Automotive Manufacturing Automotive Manufacturing Other Transport Trucking Public Relations/Investor Relations Rail Communications Transport General Automotive Logistics/Supply Chain Management

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Equitable Holdings Announces Preliminary Results of Cash Tender Offer for Up to 46,000,000 Units of AllianceBernstein Holding

Equitable Holdings Announces Preliminary Results of Cash Tender Offer for Up to 46,000,000 Units of AllianceBernstein Holding

NEW YORK–(BUSINESS WIRE)–
Equitable Holdings, Inc. (NYSE: EQH), the leading financial services holding company of Equitable, AllianceBernstein and Equitable Advisors, today announced the preliminary results of its previously announced cash tender offer to purchase up to 46,000,000 units (“Units”) representing assignments of beneficial ownership of limited partnership interests in AllianceBernstein Holding L.P. (NYSE: AB) (“AB Holding”), at a price of $38.50 per Unit, net to the seller in cash, for an aggregate purchase price of up to approximately $1.8 billion, less any applicable tax withholding (the “Offer”), which expired at 5:00 p.m., New York City time, on April 1, 2025 (the “Expiration Time”).

Based on a preliminary count by the depositary and paying agent for the Offer, a total of 19,766,878 Units were properly tendered and not properly withdrawn under the Offer prior to the Expiration Time, including 559,614 Units that were tendered by notice of guaranteed delivery.

In accordance with the terms and conditions of the Offer, Equitable expects to accept for payment all of the Units that were properly tendered and not properly withdrawn, for an aggregate cost of approximately $761.0 million, excluding fees and expenses relating to the Offer. As Equitable expects to accept for purchase all of the Units that were properly tendered and not properly withdrawn there is no proration factor. The Units that Equitable expects to accept for purchase represent approximately 17.9% of the outstanding Units as of December 31, 2024. After giving effect to such purchase, Equitable will have an approximate 68.6% economic interest in AllianceBernstein L.P., the operating partnership of AB Holding.

The number of Units expected to be purchased in the Offer is based on the depositary and paying agent’s preliminary count and the assumption that all Units tendered by notice of guaranteed delivery will be delivered within the required one business day period and is subject to change. The final number of Units to be purchased will be announced following the expiration of the guaranteed delivery period and completion by the depositary and paying agent of its confirmation process. Payment for Units accepted for purchase under the Offer will occur promptly thereafter.

Questions regarding the Offer and requests for assistance in connection with the Offer may be directed to D.F. King & Co., Inc. (“D.F. King”), the information agent for the Offer, by contacting them at (800) 848-3402 (toll-free) or via email at [email protected]. Banks and brokers may contact D.F. King at (212) 269-5550 or Barclays Capital Inc., the dealer manager for the Offer, at (800) 438-3242 (toll-free). Computershare Trust Company, N.A. is acting as depositary and paying agent for the Offer.

This press release is provided for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell any Units.

About Equitable Holdings

Equitable Holdings, Inc. (NYSE: EQH) is a leading financial services holding company comprised of complementary and well-established businesses, Equitable, AllianceBernstein and Equitable Advisors. Equitable Holdings has $1.0 trillion in assets under management and administration (as of 12/31/2024) and more than 5 million client relationships globally. Founded in 1859, Equitable provides retirement and protection strategies to individuals, families and small businesses. AllianceBernstein is a global investment management firm that offers diversified investment services to institutional investors, individuals and private wealth clients. Equitable Advisors, LLC (Equitable Financial Advisors in MI and TN) has 4,600 duly registered and licensed financial professionals that provide financial planning, wealth management, retirement planning, protection and risk management services to clients across the country.

Note Regarding Forward-Looking Statements

This press release contains certain forward-looking statements. Words such as “expects,” “believes,” “anticipates,” “forecasts,” “intends,” “seeks,” “aims,” “plans,” “assumes,” “estimates,” “projects,” “should,” “would,” “could,” “may,” “will,” “shall” or variations of such words are generally part of forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release. You should read this press release, the Offer to Purchase and the other related Offer documents that have been or will be delivered to you or filed by Equitable with the SEC completely and with the understanding that actual future events may be materially different from expectations. All forward-looking statements made in this press release are qualified by these cautionary statements. Further, any forward-looking statement speaks only as of the date on which it is made, and Equitable undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as otherwise may be required by law.

Investor Relations

Erik Bass

(212) 314-2476

[email protected]

Media Relations

Laura Yagerman

(212) 314-2010

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Other Professional Services Insurance Data Analytics Finance Asset Management Consulting Banking Professional Services

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Manhattan Named a Leader in 2025 Gartner® Magic Quadrant™ for Transportation Management Systems for the Seventh Consecutive Year

Manhattan Named a Leader in 2025 Gartner® Magic Quadrant™ for Transportation Management Systems for the Seventh Consecutive Year

ATLANTA–(BUSINESS WIRE)–Manhattan Associates Inc. (NASDAQ: MANH), a global leader in supply chain commerce solutions, announced today that it has been named a Leader in the Gartner Magic Quadrant for Transportation Management Systems for the seventh consecutive year.

With the growing complexity of supply chains, it has become critical for enterprises to better orchestrate transportation and distribution processes with a unified supply chain execution solution. Manhattan’s cloud-native technology, microservices-based architecture and unified platform provide supply chain and logistics professionals with a distinctive and advanced technology architecture that stands apart from legacy, portfolio offerings in the market. By doing away with silos, it delivers real-time visibility into shipments, offers predictive analytics for better decision-making, delivers the ability to automate manual processes and ultimately eliminates inefficiencies, which is a definite game-changer for companies operating in complex and demanding environments.

“We are delighted to be recognized by Gartner as a Leader in TMS,” said Bryant Smith, director of Product Management for Manhattan Associates. “This ongoing leadership reflects our commitment to continuous innovation, customer success, and excellence in supply chain execution. We deliver speed and value across various transportation functions and leverage advanced intelligence to solve the largest and most complex transportation challenges.”

Latest additions to the cloud-native Manhattan Active TM include GenAI capabilities to the platform, and unification of Manhattan Active Yard Management with TMS. It can already be combined with Manhattan Active Warehouse Management, and Labor Management providing companies with a complete, simplified, and unified supply chain execution system that continuously adapts and scales to business needs, and provides a single, comprehensive view of the distribution network, unlocking optimization opportunities that are impossible with traditional siloed offerings.

To download a complimentary copy of the Gartner Magic Quadrant for TMS report, please click HERE.

Receive up-to-date product, customer and partner news directly from Manhattan on LinkedIn.

Gartner Disclaimer:

Gartner, Magic Quadrant for Transportation Management Systems, Brock Johns, Oscar Sanchez Duran, Carly West, Manav Jain, 24 March 2025.

Gartner is a registered trademark and service mark and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Manhattan Associates:

Manhattan Associates is a global technology leader in supply chain and omnichannel commerce. We unite information across the enterprise, converging front-end sales with back-end supply chain execution. Our software, platform technology and unmatched experience help drive both top-line growth and bottom-line profitability for our customers. Manhattan Associates designs, builds, and delivers leading edge cloud and on-premises solutions so that across the store, through your network or from your fulfillment center, you are ready to reap the rewards of the omnichannel marketplace. For more information, please visit www.manh.com.

Press Contact:

Devika Goel

Manhattan Associates

470-435-1566 (Mobile)

[email protected]

KEYWORDS: United States North America Georgia

INDUSTRY KEYWORDS: Supply Chain Management Trucking Retail Technology Logistics/Supply Chain Management Transport Software

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Redfin Publishes 2025 Industry Survey

Redfin Publishes 2025 Industry Survey

A Redfin-commissioned survey of agents across the industry reveals key insights about the challenges and opportunities facing today’s real estate professionals

SEATTLE–(BUSINESS WIRE)–
(NASDAQ: RDFN) — Redfin, the technology-powered real estate brokerage, today released the results of its 2025 Industry Survey, offering key insights into how real estate agents view their careers, the housing market, and hot-button industry issues. The report highlights the opportunities and challenges agents see in this evolving market and the increasing pressures brought on by economic uncertainty and industry reforms.

The report is based on a Redfin-commissioned Ipsos survey of 500 agents from various brokerages, conducted between December 2024 and January 2025. It identifies several key themes shaping the industry:

  • Declining Agent Satisfaction: Fewer agents recommend real estate as a career. Only 21.2% of agents would encourage others to join the profession, with 49.8% unlikely to recommend it. This marks a significant drop in enthusiasm from prior years. Agents highlighted the unpredictability of income and difficulty of finding customers as major dislikes about their profession, while entrepreneurial independence was the top reason agents say they like their job.
  • Significant Economic Headwinds: The affordability crisis is the biggest challenge agents anticipate in the next five years, with 64.2% rating it as a major concern. The ongoing lack of inventory (42.8%) and declining commissions (42%) are also significant challenges. Despite these concerns, a majority of agents are optimistic about increasing sales in 2025.
  • Climate Change and Insurance Issues: Nearly 40% of agents believe climate change is impacting where people choose to live, and almost half of all agents encountered more issues with home insurance during transactions in 2024. Despite the growing concern about climate risks, fewer than 10% of agents report having received training on how to address climate-related issues with clients.
  • Discrimination in the Industry: The share of agents experiencing discrimination rose in 2024. More than one-third of women (34.5%) reported experiencing sexism in the industry, and 38% of non-white agents reported experiencing racial discrimination.
  • Negative Attitudes Towards the National Association of Realtors: Following a year of industry upheaval, a majority of agents (51%) now hold an unfavorable view of NAR, a significant increase from 19% in 2023. A substantial percentage (38%) believe the NAR settlement changes have negatively impacted their business, compared to 5.2% who noted a positive impact.
  • Agents Expect Commissions to Decline: Roughly half (47.8%) of agents say the average buyer’s agent commission has remained about the same since the NAR settlement changes took effect in August. However, more than half (51.2%) expect commissions will decline over the next 12 months, compared to just 4.6% who think they will increase.

Jason Aleem, Redfin’s chief of real estate services, emphasized the importance of listening to agents to understand—and meet—their evolving needs.

“Our agents are ready to tackle this year’s challenges head on, knowing we have provided them with industry-leading tools, training and support,” Aleem said. “And our customers know they can trust us to put them first, finding competitive advantages to save them money, while helping them navigate the challenges of buying or selling their home. That’s why as the industry changes, our core mission stays the same.”

To read the full report, including charts and full methodology, please visit: https://www.redfin.com/news/2025-industry-survey/

About Redfin

Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country’s #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we’ve saved customers more than $1.8 billion in commissions. We serve approximately 100 markets across the U.S. and Canada and employ over 4,000 people.

Redfin’s subsidiaries and affiliated brands include: Bay Equity Home Loans®, Rent.™, Apartment Guide®, Title Forward® and WalkScore®.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email [email protected]. To view Redfin’s press center, click here.

Redfin-F

Contact Redfin

Redfin Journalist Services:

Erin Osgood

[email protected]

KEYWORDS: United States North America Washington

INDUSTRY KEYWORDS: Professional Services Technology Residential Building & Real Estate Finance Construction & Property Internet

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Marriott Vacations Worldwide Corporation Announces First Quarter Earnings Release and Conference Call

Marriott Vacations Worldwide Corporation Announces First Quarter Earnings Release and Conference Call

ORLANDO, Fla.–(BUSINESS WIRE)–
Marriott Vacations Worldwide Corporation (NYSE: VAC) will report financial results for the first quarter 2025 after the market closes on Wednesday, May 7. A conference call will follow at 8:30 a.m. ET on Thursday, May 8 to discuss the Company’s results.

Participants may access the call by dialing (877) 407-8289 or (201) 689-8341 for international callers. A live webcast of the call will also be available in the Investor Relations section of the Company’s website at ir.mvwc.com.

An audio replay of the conference call will be available at ir.mvwc.com from 10 a.m. ET on May 8 until 10 p.m. ET on June 8. To access the replay, dial (877) 660-6853 or (201) 612-7415 for international callers. The conference ID for the recording is 13752589.

About Marriott Vacations Worldwide Corporation

Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products, and services. The Company has approximately 120 vacation ownership resorts and approximately 700,000 owner families in a diverse portfolio that includes some of the most iconic vacation ownership brands. The Company also operates an exchange network and membership programs comprised of more than 3,200 affiliated resorts in over 90 countries and territories, and provides management services to other resorts and lodging properties. As a leader and innovator in the vacation industry, the Company upholds the highest standards of excellence in serving its customers, investors and associates while maintaining exclusive, long-term relationships with Marriott International, Inc. and an affiliate of Hyatt Hotels Corporation for the development, sales and marketing of vacation ownership products and services. For more information, please visit www.marriottvacationsworldwide.com.

Neal Goldner

Investor Relations

407-206-6149

[email protected]

Cameron Klaus

Global Communications

407-513-6606

[email protected]

KEYWORDS: United States North America Florida

INDUSTRY KEYWORDS: Vacation Other Travel Lodging Destinations Travel

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March’s Zeta Economic Index (ZEI) Indicates Economic Cooling as Consumer Confidence Wanes

March’s Zeta Economic Index (ZEI) Indicates Economic Cooling as Consumer Confidence Wanes

Travel Sector Shows Seasonal Strength While Overall Economy Exhibits Softening Trends

NEW YORK–(BUSINESS WIRE)–Zeta Global (NYSE: ZETA), Zeta Global (NYSE), the AI Marketing Cloud, today released the Zeta Economic Index (ZEI) for March 2025. Powered by Zeta’s proprietary generative AI technology and real-time consumer behavior from over 245 million US consumers, the ZEI provides an insightful view of the strength and momentum of the US economy.

The March report indicates a growing decline in consumer sentiment, but spending patterns suggest that economic activity remains steady. While concerns about the broader economy continue to rise, real-time behavioral data shows that many consumers are still engaging in discretionary spending—particularly in travel—indicating a more complex economic landscape.

“What stands out in this month’s ZEI is that while we’re seeing consumers express increased concern about economic conditions, their spending behaviors are adjusting more gradually than sentiment alone would suggest,” said David A. Steinberg, Co-Founder, Chairman, and CEO of Zeta Global. “While people are expressing more concern about the economy, their actual behavior tells a different story: one of relative resilience in key areas. The evolving relationship between consumer sentiment and spending means there are still valuable opportunities for businesses if they know where to look.”

The Economic Index Score (EIS), the ZEI’s primary measure of US economic health, declined to 68.3, marking a 3.2% month-over-month (MoM) decrease and continuing a softening trend from late 2024. Despite this decline, overall economic activity remains within the “Active” range, indicating that economic stability remains intact.

Additional takeaways from the March 2025 ZEI:

  • Discretionary Spend Propensity decreased 2.1% MoM, reflecting a more cautious approach to non-essential purchases. Meanwhile, Retail Sales Activity, a measure of actual consumer spending, posted a minimal 0.1% increase, essentially flat compared to February, suggesting consumers are becoming more deliberate with their spending decisions.
  • Travel emerged as a bright spot in March, rising 3.4 points MoM, largely driven by seasonal Spring Break activity. This uptick is in contrast to broader industry softening and highlights continued consumer willingness to prioritize certain experiences despite overall caution.
  • The New Mover Index dropped sharply by 7.0% MoM, indicating that larger financial commitments like relocating or purchasing homes are being delayed as uncertainty grows. This pullback may signal waning confidence in longer-term economic prospects.
  • Flat to down in online interest across sectors. When looking at online interest across sectors, Entertainment fell 2.9 points as consumers reduced spending on non-essential experiences, while Retail dropped 1.1 points. Technology, Healthcare, and Dining all remained largely flat, reinforcing a broader pattern of economic caution.

Unlike traditional surveys, the ZEI leverages Generative AI to analyze trillions of behavioral signals, recalibrating each month to reflect actual consumer activity. With insights derived from over 20 proprietary inputs, the index provides a comprehensive, real-time view of economic sentiment, activity, and spending trends.

The Zeta Economic Index is publicly available here and is provided as a complimentary service. It should not be considered investment advice or be relied upon to make investment decisions.

About Zeta Global

Zeta Global (NYSE: ZETA) is the AI Marketing Cloud that leverages advanced artificial intelligence (AI) and trillions of consumer signals to make it easier for marketers to acquire, grow, and retain customers more efficiently. Through the Zeta Marketing Platform (ZMP), our vision is to make sophisticated marketing simple by unifying identity, intelligence, and omnichannel activation into a single platform – powered by one of the industry’s largest proprietary databases and AI. Our enterprise customers across multiple verticals are empowered to personalize experiences with consumers at an individual level across every channel, delivering better results for marketing programs. Zeta was founded in 2007 by David A. Steinberg and John Sculley and is headquartered in New York City with offices around the world. To learn more, go to www.zetaglobal.com.

Forward-Looking Statements

This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning our anticipated future financial performance, our market opportunities and our expectations regarding our business plan and strategies. These statements often include words such as “anticipate,” “believe,” “could,” “estimates,” “expect,” “forecast,” “guidance,” “intend,” “may,” “outlook,” “plan,” “projects,” “should,” “suggests,” “targets,” “will,” “would” and other similar expressions. We base these forward-looking statements on our current expectations, plans and assumptions that we have made in light of our experience in the industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances at such time. Although we believe that these forward-looking statements are based on reasonable assumptions at the time they are made, you should be aware that many factors could affect our business, results of operations and financial condition and could cause actual results to differ materially from those expressed in the forward-looking statements. These statements are not guarantees of future performance or results.

The forward-looking statements are subject to and involve risks, uncertainties and assumptions, and you should not place undue reliance on these forward-looking statements. These cautionary statements should not be construed by you to be exhaustive and the forward-looking statements are made only as of the date of this press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Investor Relations

Matt Pfau

[email protected]

Press

Candace Dean

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Apps/Applications Technology Marketing Communications Professional Services Software Digital Marketing Data Analytics Artificial Intelligence

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