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NETDRAGON WEBSFT UNSP/ADR - NDWTY STOCK NEWS

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NETDRAGON WEBSFT UNSP/ADR, also known as NetDragon Websoft Holdings Limited, is a global leader in building internet communities. The company specializes in scaling internet and mobile platforms in gaming and education sectors, recognized globally for leveraging technology to enhance learning experiences. With a focus on metaverse opportunities, NetDragon recently completed a strategic investment in Rokid Corporation Ltd, a leading AR technology company. The partnership aims to create next-generation interactive user experiences.

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NetDragon Websoft Holdings Limited announced that its subsidiary, Promethean, has signed an exclusive distribution agreement with Merlyn Mind, Inc. This deal allows Promethean to distribute Symphony Classroom™, an AI-driven education tool that enhances classroom productivity through voice commands. Promethean can now sell this solution across the US, benefiting both new and existing customers, and providing updates and warranties. This collaboration aims to innovate teaching methods and improve efficiency for educators, aligning with NetDragon's vision to create a global online learning community.

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NetDragon Websoft Holdings Limited announced the launch of its subsidiary Promethean's latest product, the ActivPanel 9, featuring ActivSync technology. The ActivPanel 9 is designed to enhance the classroom experience for educators and IT administrators with intuitive features ensuring seamless connectivity and secure sign-in options. The product offers two models, addressing various instructional needs, supporting hybrid learning, and is touted as Promethean's most innovative release to date. The company continues to focus on transforming learning through advanced educational technologies.

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Promethean, a leading global education technology firm, unveiled its latest product, the ActivPanel 9, equipped with ActivSync. This innovative interactive panel aims to enhance the educational experience by offering improved simplicity, connectivity, and security for teachers and IT administrators. Designed after feedback from over 1,300 customers, the ActivPanel 9 features a user-friendly interface, robust security options, and adaptability for various teaching models. It is currently available in the U.S. with plans for broader availability in other regions.

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Promethean, a leading education technology company, will participate as a Silver Sponsor at ISTELive 22 from June 26–29, 2022, in New Orleans. The event will feature presentations from renowned educators from Ron Clark Academy, Moss Bluff Elementary, and Page County High School. Attendees can look forward to a special announcement on June 27, engaging sessions, and interactive experiences showcasing Promethean's acclaimed products like the ActivPanel and ClassFlow. For more details, visit PrometheanWorld.com.

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Promethean has announced an exclusive distribution agreement with Merlyn Mind to distribute Symphony Classroom, an AI solution that empowers teachers with a digital assistant capable of voice commands. This agreement allows Promethean to sell Symphony Classroom to new and existing customers in the U.S., enhancing classroom productivity and interaction. Symphony Classroom uses EdgeAI technology for rapid responsiveness, aiding teachers in managing their tasks more effectively. The partnership aims to support a more student-centered learning environment.

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NetDragon Websoft Holdings Limited has been included in the CSI Hong Kong Connect Internet Index, effective June 10, 2022. This index comprises the top 30 internet-related companies in the Hong Kong Stock Connect, reflecting overall performance in the sector. NetDragon's inclusion in the index enhances its recognition as an industry leader and improves its profile and liquidity in the capital markets, enabling access to capital from ETFs and related products. Established in 1999, NetDragon is known for its online gaming and education platforms, impacting millions of users globally.

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NetDragon Websoft Holdings Limited announced that its subsidiary, Promethean, continues to lead the Interactive Flat Panel Displays (IFPD) market, according to Futuresource Consulting's Q1 2022 report. Promethean held a 23.8% market share from April 2021 to March 2022 and dominated in the U.S. with a 32.8% share in Q1 2022. Its success is attributed to its focus on addressing educators' needs, leveraging 25 years of product development experience. Promethean aims to enhance user experience through its ActivPanel and accompanying software solutions.

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JumpStart, the parent company of Neopets, is set to launch the first official Neopets cookbook in Spring 2023, in partnership with Andrews McMeel Publishing. This cookbook will feature recipes inspired by the iconic online game, aiming to extend the experience of Neopia into the kitchen. The announcement follows recent licensing deals, including a trading card collection with Upper Deck. The cookbook is designed for all cooking skill levels, focusing on the game's themes and in-game foods, allowing fans to engage with their beloved characters in new ways.

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Promethean has appointed Jennifer Foreman as the new Chief Marketing Officer to spearhead its global marketing initiatives. Foreman, who has extensive experience in driving marketing strategies for leading brands, will focus on enhancing brand presence and community relations. CEO Vin Riera emphasized that Foreman's expertise aligns with Promethean's mission to promote collaboration and creativity in education. Foreman previously held senior positions at Trax Retail and Denovo, where she successfully led growth marketing efforts.

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FAQ

What is the market cap of NETDRAGON WEBSFT UNSP/ADR (NDWTY)?

The market cap of NETDRAGON WEBSFT UNSP/ADR (NDWTY) is approximately 1.0B.

What does NetDragon Websoft Holdings Limited specialize in?

NetDragon focuses on scaling internet and mobile platforms in gaming and education sectors, leveraging technology to enhance learning experiences.

What recent partnership did NetDragon establish?

NetDragon recently partnered with Rokid Corporation Ltd, a leading AR technology company, to pursue metaverse opportunities globally.

Why is NetDragon known globally in the education field?

NetDragon is recognized globally for its expertise in leveraging technology to improve learning experiences, making it a leader in the education sector.

What recent strategic investment did NetDragon make?

NetDragon completed a strategic investment in Rokid Corporation Ltd as the lead investor in the latest equity fundraising round, focusing on metaverse opportunities.

What is the core focus of NetDragon's recent initiatives?

NetDragon's recent initiatives focus on metaverse opportunities, creating next-generation interactive user experiences and advancing AR technologies.

What is NetDragon's vision for the future?

NetDragon aims to revolutionize education and gaming experiences through innovative technologies and strategic partnerships.

How does NetDragon plan to expand its reach globally?

NetDragon plans to expand its geographical markets in 2024, targeting markets such as Japan, the Middle East, and Indonesia.

What sets NetDragon apart in the gaming industry?

NetDragon's focus on driving sustainable growth through high-quality games and innovative contents, along with investments in new genres and markets, sets it apart in the gaming industry.

What achievements has NetDragon made in AI technology?

NetDragon has made significant progress in applying generative AI to enhance content creation efficiency, drive player engagement, and optimize gaming experiences.

How does NetDragon plan to redefine the education landscape?

NetDragon aims to expand beyond hardware offerings and integrate software applications to enhance teaching and learning experiences, setting new standards in education technology.

NETDRAGON WEBSFT UNSP/ADR

OTC:NDWTY

NDWTY Rankings

NDWTY Stock Data

1.02B
300.56M
Electronic Gaming & Multimedia
Communication Services
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United States of America
Fuzhou