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Sharing Economy International (OTC: SEII) has engaged BIP Consulting to negotiate partnerships with electric and hydrogen vehicle manufacturers. This joint venture aims to develop a rental service for electric trucks, enhancing the company's presence in the zero-emission mobility market. CEO Jefferson Chan emphasized the growth potential in this sector, particularly with the EU's 2035 plan for zero CO2 emissions in new vehicles. BIP's expertise will aid SEII in commercializing these vehicles across defined territories. SEII is also focused on expanding its role in the sharing economy through technological innovations.
Sharing Economy International Inc. (SEII) has signed a memorandum of understanding with QEV Technologies S.L. to create a joint venture focused on developing and marketing new energy vehicles powered by electric and hydrogen technologies. This partnership aligns with the European Union's objective to cease the sale of new fossil-fuel cars by 2035, reflecting the growing demand for eco-friendly vehicles. QEV will leverage its expertise in new energy vehicle development, while SEII will target markets in Europe, North America, and South America, with the joint venture's headquarters proposed to be in Barcelona.
HONG KONG, April 14, 2022 /PRNewswire/ -- Sharing Economy International Inc. (SEII) announced the appointment of Mr. Pak Hei Jefferson Chan as Chairman and CEO, following the resignation of Mr. Anthony Che Chung Chan. Mr. Jefferson Chan, co-founder of ECrent Worldwide, brings experience from various international firms including Rothschild Bank and Smart Work Media. He will focus on expanding ECrent and exploring new business opportunities. The company aims to innovate in the sharing economy and blockchain sectors.
Sharing Economy International Inc (SEII) announced a strategic investment of $30 million from Hanking Fund, aimed at bolstering its focus on the metaverse and naked eye 3D technology. The funding will support R&D for intelligent algorithms and 3D solutions in diverse markets including Hong Kong, Macao, and Europe. SEII plans to use 60% of the investment for new product development and 40% for enhancing partnerships in 3D technology. This move is expected to positively impact SEII's business growth and sustainability efforts.
Sharing Economy International Inc. (SEII) has signed an Investment Cooperation Agreement with Hanking Fof Investment, aiming for up to US$30 million in strategic investments over two years. The funds will focus on R&D for technologies such as intelligent algorithms and 3D solutions, alongside market expansion in Hong Kong, Macao, Southeast Asia, and Europe. The agreement remains subject to Hanking's due diligence within 90 days. The partnership seeks to enhance SEII's position in the global sharing economy.
Sharing Economy International Inc. (SEII) has announced a strategic partnership with Suzhou Su Xin Rui Shi Technology Co., Ltd. to enhance the international naked-eye 3D ecosystem and develop a metaverse technology platform. The joint venture in Hong Kong will see SEII's subsidiary, 3D Discovery, holding 60% ownership while Su Xin Rui Shi holds 40%. The collaboration aims to advance naked-eye 3D applications in key markets such as Southeast Asia and Europe, providing high-definition digital modeling and hardware upgrades. This initiative is expected to bolster SEII's growth in the sharing economy.
Sharing Economy International (SEII) announced a Strategic Framework Agreement with Suzhou Su Xin Rui Shi Technology to establish a joint venture focused on a Metaverse platform using naked-eye 3D technology. SEII will hold 60% of the new venture, responsible for business promotion, while Su Xin Rui Shi will own 40%, focusing on technology development. The partnership aims to complete the joint venture agreement within 45 days, signaling a significant step towards the development of advanced 3D visualization technology in the Metaverse space.
Sharing Economy International Inc (SEII) announces the appointment of Shazir Mucklai as a consultant. Mucklai, founder of Imperium Group, will enhance SEII's investor relations and support their growth strategies. Established in 2013, ECrent, SEII's subsidiary, operates as a global online rental platform, promoting sustainable consumption. ECrent offers over 500,000 rental items, aiming to shift consumer behavior towards renting rather than ownership. The company emphasizes its commitment to sustainability and reducing inequality through shared resources.
Sharing Economy International Inc. (OTCQB: SEII) has paused its BuddiGo delivery platform due to COVID-19 concerns. With vaccinations increasing and economies reopening, SEII plans to relaunch BuddiGo in Hong Kong by late Q2 or early Q3 2021. The BuddiGo platform enables P2P food and grocery delivery services, adapting to changing consumer behaviors during the pandemic. Revenue in the Online Food Delivery segment is expected to reach US$798 million in 2021, showing strong market potential. The platform aims to enhance community health by tracking users' vaccination and health status.
Sharing Economy International Inc. (SEII) announced its integration of NFT technology into the ECrent platform, enhancing its blockchain-based sharing economy services. This initiative aims to facilitate sharing of digital products and assets securely through a decentralized model, extending beyond physical items to include digital arts, music, and video games. The updated platform is expected to be completed and tested by Q3 2021, positioning SEII as a pioneer in the digital sharing market.
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