Streetbeat News

Partnerships

LULU

XPOF

Lululemon Athletica and Xponential Fitness have confirmed their ongoing retail partnership. The details of the partnership were not disclosed in the article.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:28 pm

MDGS

Medigus Ltd. (NASDAQ:MDGS) has signed an agreement to form a joint venture with a US-based partner to purchase, renovate, manage and sell a commercial property in Miami, Florida. Medigus will initially contribute $2 million for a 60% stake in the JV, which will decrease to 30% once the initial contribution has been fully repaid. The company plans to explore additional opportunities in Miami's real estate market.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:24 pm

DSX

Diana Shipping Inc. (NYSE:DSX) has announced a direct continuation of a time charter contract with Solebay Shipping Cape Company Limited for its Capesize dry bulk vessel, the m/v Seattle. The gross charter rate is $17,500 per day, minus a 5% commission paid to third parties, until at least July 15, 2025. The new charter period is expected to start on October 1, 2023. The employment of the vessel is expected to generate approximately $11.27 million of gross revenue for the minimum scheduled period of the time charter.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:22 pm

PARA

Paramount Global and CBS Sports are collaborating on a series of short-form vignettes to highlight the social impact of NFL teams and players. The series will air throughout CBS' Super Bowl season on THE NFL TODAY pregame show, culminating on Super Bowl Sunday. The content is part of Paramount's 'Content for Change' initiative and aims to shift narratives and drive positive impact.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:22 pm

NAAS

NaaS Technology Inc. (NASDAQ:NAAS) and its parent company, NewLink, have formed a strategic partnership with China Construction Bank (CCB). The partnership will provide integrated financial services support to NaaS and NewLink, covering areas such as new energy asset investment, construction finance, supply chain finance, and more. The aim is to expand NaaS and NewLink's global presence in the new energy sector. CCB will leverage NaaS and NewLink's digital analytics capabilities and investment decision-making algorithm analysis models of its global new energy assets.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:19 pm

AIHS

Senmiao Technology Limited (NASDAQ:AIHS) has signed a strategic cooperation agreement with Heilongjiang Kunrui Financing Guarantee Co., Ltd. The agreement will see Kunrui provide Senmiao with financial resources in new energy vehicle financing and auto insurance installment services. The two companies will also explore the development of a new energy auto financing system, which could serve as a potential SaaS business opportunity.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:18 pm

ADM

ADM (NYSE:ADM) and Syngenta Group have signed a memorandum of understanding (MoU) to collaborate on the research and commercialization of low carbon-intensity next-generation oilseeds and improved varieties. The collaboration aims to meet the growing demand for biofuels and other sustainably-sourced products. The companies plan to leverage their existing capabilities to accelerate the research, processing, and commercialization of new, low carbon-intensity oilseeds, such as Camelina. They also plan to foster partnerships with additional companies to support the creation, commercialization, and processing of next-generation oilseeds.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:16 pm

OLO

SOUN

SoundHound AI, Inc (NASDAQ:SOUN) has partnered with Olo (NYSE:OLO), a restaurant SaaS provider, to integrate its voice AI technology into Olo's solutions. The technology will be available to approximately 77,000 locations using Olo's solutions, enabling restaurants to process voice orders with high speed and accuracy. The partnership aims to enhance customer service, free up staff for more complex tasks, and drive more orders and revenue for restaurants.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:12 pm

RBLX

Maybelline New York has launched a 360-brand campaign in partnership with Splash on Roblox, targeting the music community within the platform. The campaign includes virtual makeup looks, mini games, and exclusive music. The brand has also partnered with virtual DJ Kai to release her latest track, 'Fantasy.' Users can remix the song until September 28th and participate in Kai's listening party. Through gamification and branded activations, users can win and collect a variety of Maybelline merchandise and clothing.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:09 pm

AWRE

Aware, Inc. (NASDAQ:AWRE) has launched a formal partner program to provide greater clarity and transparency around its products, roadmap, and pricing. The program also offers incentives for current and future partners. The move comes as the market for biometric authentication is expected to double by 2025. The program will allow technology providers to leverage biometrics to differentiate their offerings and increase revenue streams.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:06 pm