STOCK TITAN

Tenet Appoints Liang Qiu as Head of Global Development for its Business Hub

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management

Tenet Fintech Group has appointed Liang Qiu as Head of Global Development for its Cubeler Business Hub. The company is preparing for a widescale deployment of new advertising and networking modules in Canada in November 2024, following their beta launch. Mr. Qiu, while maintaining his role as CEO of Tenet's Chinese operations, will work with CTO Claude Theroux to transform the Business Hub from separate platforms into a unified global business network. The initiative aims to connect Chinese and Canadian SMEs, with plans to expand to U.S.-based businesses in Q4 2024. Qiu will focus on platform features and data regulations in China, while Theroux will oversee infrastructure, scalability, and security.

Tenet Fintech Group ha nominato Liang Qiu come Responsabile dello Sviluppo Globale per il suo Cubeler Business Hub. L'azienda si sta preparando per un'implementazione su larga scala di nuovi moduli pubblicitari e di networking in Canada a novembre 2024, dopo il lancio beta. Il signor Qiu, mantenendo il suo ruolo di CEO delle operazioni cinesi di Tenet, lavorerà con il CTO Claude Theroux per trasformare il Business Hub da piattaforme separate in una rete commerciale globale unificata. L'iniziativa mira a connettere le PMI cinesi e canadesi, con piani di espansione verso le aziende statunitensi nel quarto trimestre del 2024. Qiu si concentrerà sulle funzionalità della piattaforma e sulle regolamentazioni sui dati in Cina, mentre Theroux supervisionerà l'infrastruttura, la scalabilità e la sicurezza.

Tenet Fintech Group ha nombrado a Liang Qiu como Jefe de Desarrollo Global para su Cubeler Business Hub. La compañía se está preparando para un despliegue a gran escala de nuevos módulos publicitarios y de redes en Canadá en noviembre de 2024, tras su lanzamiento beta. El Sr. Qiu, manteniendo su papel de CEO de las operaciones chinas de Tenet, trabajará con el CTO Claude Theroux para transformar el Business Hub de plataformas separadas en una red empresarial global unificada. La iniciativa tiene como objetivo conectar a las PME chinas y canadienses, con planes de expandirse a empresas de EE. UU. en el cuarto trimestre de 2024. Qiu se centrará en las características de la plataforma y en las regulaciones de datos en China, mientras que Theroux supervisará la infraestructura, la escalabilidad y la seguridad.

테넷 핀테크 그룹은 리앙 지우를 큐벨러 비즈니스 허브의 글로벌 개발 책임자로 임명했습니다. 회사는 2024년 11월 캐나다에서 새로운 광고 및 네트워킹 모듈을 대규모로 배포할 준비를 하고 있으며, 이는 베타 출시 이후입니다. 지우는 테넷 중국 사업의 CEO 역할을 유지하며, CTO 클로드 테루와 함께 비즈니스 허브를 개별 플랫폼에서 통합된 글로벌 비즈니스 네트워크로 변모시키기 위해 협력할 것입니다. 이 이니셔티브는 중국과 캐나다의 중소기업을 연결할 것을 목표로 하며, 2024년 4분기에는 미국 기업으로의 확장 계획이 있습니다. 지우는 중국의 플랫폼 기능과 데이터 규정에 집중하고, 테루는 인프라, 확장성 및 보안을 감독할 것입니다.

Tenet Fintech Group a nommé Liang Qiu au poste de Responsable du Développement Mondial pour son Cubeler Business Hub. L'entreprise se prépare à un déploiement à grande échelle de nouveaux modules de publicité et de mise en réseau au Canada en novembre 2024, suite à leur lancement en version bêta. M. Qiu, tout en maintenant son rôle de PDG des opérations chinoises de Tenet, travaillera avec le CTO Claude Theroux pour transformer le Business Hub de plateformes séparées en un réseau commercial global unifié. L'initiative vise à connecter les PME chinoises et canadiennes, avec des projets d'expansion vers les entreprises basées aux États-Unis au quatrième trimestre de 2024. Qiu se concentrera sur les fonctionnalités de la plateforme et les réglementations sur les données en Chine, tandis que Theroux supervisera l'infrastructure, l'évolutivité et la sécurité.

Tenet Fintech Group hat Liang Qiu zum Leiter der globalen Entwicklung für seinen Cubeler Business Hub ernannt. Das Unternehmen bereitet sich auf eine umfassende Einführung neuer Werbe- und Netzwerkmodule in Kanada im November 2024 vor, nachdem diese in Beta gestartet wurden. Herr Qiu wird, während er seine Rolle als CEO der chinesischen Operationen von Tenet beibehält, mit dem CTO Claude Theroux zusammenarbeiten, um den Business Hub von einzelnen Plattformen in ein einheitliches globales Geschäftsnnetzwerk zu verwandeln. Die Initiative zielt darauf ab, chinesische und kanadische KMU zu verbinden, mit Plänen zur Expansion in US-amerikanische Unternehmen im vierten Quartal 2024. Qiu wird sich auf die Plattformmerkmale und Datenvorschriften in China konzentrieren, während Theroux die Infrastruktur, Skalierbarkeit und Sicherheit beaufsichtigen wird.

Positive
  • Platform expansion with new advertising and networking modules launching in November 2024
  • Strategic integration of Chinese and Canadian business platforms
  • Planned expansion into the U.S. market in Q4 2024
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - October 25, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has appointed Liang Qiu to head the global development of the Business Hub.

Tenet recently launched beta versions of the Business Hub's advertising and networking modules in Canada and has been collecting feedback to improve some of the modules' functionalities before a widescale deployment of the new modules in Canada planned for November 2024. With the arrival of the networking module, which is meant to allow Business Hub members to post messages and communicate with one another, the Company's Chinese and Canadian development teams have begun collaborating to ensure a seamless integration of the networking functionalities on both platforms to allow Chinese and Canadian business owners to communicate with each other and explore business opportunities. Given his background as a software engineer and his experience running Tenet's Chinese operations for the past seven years, the Company believes Mr. Qiu to be the best person to help transition the Business Hub from being two separate platforms into a single global business development network for small and medium sized business owners. While he will retain his functions as the CEO of Tenet's Chinese operations, Mr. Qiu will now work closely with the Company's Chief Technology Officer, Claude Theroux, to not only help bring Chinese and Canadian SMEs together, but also ensure that the new global Business Hub is able to quickly welcome members from other parts of the world, beginning with U.S. based small and medium sized business owners following the large-scale deployment in Canada in the fourth quarter of 2024. The plan is for Mr. Qiu to work with the product and development teams on platform features and elements such as data regulations in China, while Mr. Theroux will focus on the platform's overall infrastructure, scalability and security as it continues to expand to other markets.

"I couldn't be more excited for this new role," commented Mr. Qiu. "When we first launched the Business Hub in China several years ago, the vision was always to have it eventually operate as a global hub that would connect entrepreneurs from different parts of the world. Now that we're about to bring the networking functionality to the platform to allow that to happen, the vision is now coming into focus. I think we will soon start to get a true sense of the potential impact of the Business Hub on small and medium sized businesses first in China and Canada and eventually around the globe."

About Tenet Fintech Group Inc.:

Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: https://www.tenetfintech.com/.

For more information, please contact:

Tenet Fintech Group Inc.
Mayco Quiroz, Chief Operating Officer
514-340-7775 ext.: 510
investors@tenetfintech.com

CHF Capital Markets
Cathy Hume, CEO
416-868-1079 ext.: 251
cathy@chfir.com

Follow Tenet Fintech Group Inc. on social media:
X: @Tenet_Fintech
Facebook: @Tenet
LinkedIn: Tenet
YouTube: Tenet Fintech

Forward-Looking information

Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at www.sedarplus.ca, for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227777

FAQ

When will Tenet Fintech (PKKFF) launch its Business Hub networking modules in Canada?

Tenet Fintech plans to launch the widescale deployment of its Business Hub networking modules in Canada in November 2024.

What is Liang Qiu's new role at Tenet Fintech (PKKFF)?

Liang Qiu has been appointed as Head of Global Development for Tenet's Cubeler Business Hub, while retaining his position as CEO of Tenet's Chinese operations.

When does Tenet Fintech (PKKFF) plan to expand its Business Hub to the U.S. market?

Tenet Fintech plans to expand its Business Hub to U.S.-based businesses following the large-scale deployment in Canada in the fourth quarter of 2024.

TENET FINTECH GROUP INC

OTC:PKKFF

PKKFF Rankings

PKKFF Latest News

PKKFF Stock Data

14.75M
212.01M
9.73%
0.17%
0.5%
Software - Infrastructure
Technology
Link
United States of America
Toronto