RIYADH, Saudi Arabia, Nov. 30, 2023 /PRNewswire/ — As the world eagerly anticipates the 2023 United Nations Climate Change Conference of the Parties (COP28) in Dubai from November 30 to December 12, the King Abdullah Petroleum Studies & Research Center (KAPSARC) positions itself at the forefront, ready to contribute with invaluable energy expertise and insights to help shape the global discourse on climate strategies and policies.

Enabling Pathways to a Sustainable Future: KAPSARC’s Active Role at COP28

COP28 signifies a pivotal moment in our collective journey, working to deliver solutions that reduce greenhouse gas (GHG) emissions and limit global warming to 1.5 degrees Celsius in accordance with the Paris Agreement goals. With a central focus on global stocktake, mitigation, adaptation and finance the conference aims to provide actionable energy pathways, setting the stage for a resilient and inclusive climate future.

In anticipation of this critical event, KAPSARC’s President Fahad Alajlan expresses the center’s dedication, stating, "As a UNFCCC accredited observer, KAPSARC eagerly joins this year’s COP28, hosting an official side event and additional activities, engaging in panel discussions, and pledging to contribute expertise and insights to global initiatives combating climate challenges."

KAPSARC’s engagement in COP28 spans across diverse and critical topics, reflecting the center’s commitment to science-backed and data-driven discussions. With over 20 events and contributions from more than 15 experts spanning four critical themes, KAPSARC is poised to actively participate in this important climate dialogue.

Highlighted KAPSARC events at COP28:

Connecting the Dots for the Hydrogen Economy – December 3: Shahid Hasan, Fellow- KAPSARC. Ghassan Wakim, Zero-carbon Fuels Production and Export Director, Clean Air Task Force, Rami Shabaneh, Fellow- KAPSARC.

Decarbonizing Aviation and Maritime Sectors – December 4: Andres Felipe-Guzman, Fellow- KAPSARC, Nora Nezamuddin, Fellow- KAPSARC.

Role of LPG in Enabling the Just & Inclusive Energy Transition – December 5: Fateh Belaid, Fellow- KAPSARC.

Hard-to-abate Sectors in the Energy Transition: Bridging Gaps in Implementation & Enablers – December 6: Fahad Alajlan, President – KAPSARC Fatih Yilmaz, Fellow I- KAPSARC – Mohamad Hejazi, Director Climate & Sustainability – KAPSARC.

Launch of the 2023 Circular Carbon Economy Index – December 9: Fatih Yilmaz, Fellow, KAPSARC.

Satellite Technology for Measuring & Tracking GHG Emissions – December 10: Walid Matar- KAPSARC. Anwar Gasim, KAPSARC, Abdelrahman Muhsen, KAPSARC.

For media inquiries please contact Rami Husseini, [email protected], [email protected], +966506635580

*About KAPSARC:

KAPSARC is a leading Middle East think tank dedicated to advancing knowledge on energy, environment, and regional economic issues. Accredited observer of UNFCCC, KAPSARC actively contributes to global climate action. The mission of KAPSARC is to advance Saudi Arabia’s energy sector and inform global policies through evidence-based advice and applied research. 

Source : Enabling Pathways to a Sustainable Future: KAPSARC's Active Role at COP28

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BEIJING, Nov. 29, 2023 /PRNewswire/ — A news report from China.org.cn on Neolithic jade dragons in northeast China :

Neolithic Jade Dragons

https://youtu.be/RnOKYZwvjqw

The Hongshan culture is the most famous Neolithic archaeological culture in northeast China, dating back around 6,500-5,000 years ago.

Many Western scholars believe China’s civilization is only about 3,000 years old instead of 5,000 years old. The discovery and establishment of the Hongshan culture pushed the history of Chinese civilization forward by more than 1,000 years.

In the late Neolithic period, a number of jade ritual vessels notable for their special purposes, such as serving as symbols of royalty and theocracy, emerged throughout the land. The Niuheliang site of the Hongshan culture is known as the "Center of Ancient Jade" with an astonishing number of jade artifacts. Inside the large-scale cairn cemetery of the site, there are a number of large tombs, each surrounded by many small tombs. Numerous exquisite jade wares are buried in the large tombs, with the upper sections serving as altars made of soil and stones. Near the cemetery, there are also goddess temples dedicated to sacrifice, which are ceremonial places with strong religious undertones and strict hierarchical privileges. The exquisite jade ritual vessels were formed during this historical period, and their owners were doubtlessly members of the nobility with high social standing. 

The Hongshan people are particularly known for its jade dragons.

There are different opinions on the origin of dragons, such as lizards and crocodiles. It is said that the dragon head origins from horse head, cow head or pig head. Jade dragons of the Hongshan Culture are ones of the earlier images of dragon having discovered in China.

The Cultural Sit-Down with Wang Xiaohui

http://cul.china.com.cn/node_1008104.htm 

Neolithic Jade Dragons

https://www.facebook.com/chinaorgcn/videos/292024267127703/ 

https://twitter.com/chinaorgcn/status/1723897605057663149 

Source : Neolithic Jade Dragons

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The summit showcased diverse perspectives of key thought leaders, innovators, and young changemakers on AI in education

DOHA, Qatar, Nov. 30, 2023 /PRNewswire/ — The world is at a tipping point for human evolution because machines are about to profoundly change the way we live, the way we work, and even experience what it means to be human, said Nina Schick, one of the first Generative AI experts and Founder of Tamang Ventures Limited, at WISE 11, the 11th edition of Qatar Foundation’s WISE Summit, that concluded today.

Referring to the exponential rate at which the capabilities of AI systems are advancing, Shick emphasized, "In this new age of intelligence – a revolution – the default is going to be a symbiotic relationship with machine and human working together."

In the masterclass ‘Critical Thinking in the Digital Age: AI, Information Literacy, and the Battle Against Disinformation,’ Dr. Marc Owen Jones, Associate Professor, Middle Eastern Studies Department at Hamad Bin Khalifa University, delved into the challenges faced by education systems in identifying and combating misinformation and advised on ways to tackle AI-generated propaganda.

The panel ‘AI for Common Good,’ explored the collective impact of AI applications in the fields of research, education, policy, philanthropy, and media on cultivating the next generation of leaders and problem-solvers. Her Excellency Buthaina bint Ali Al Jabr Al Nuaimi, Minister of Education and Higher Education, highlighted Qatar’s ongoing efforts as well as future plans in integrating AI into its education system.

Her Excellency the Minister commented: "Qatar is one of the early adopters of a national K-12 AI curriculum. It aims at preparing students for a workforce that increasingly involves AI technologies and skills."

Co-founder and CEO of The Wolfram Group, Conrad Wolfram, delivered a keynote speech during the closing ceremony on the critical importance of computational thinking in the age of AI. He examined the interlink of the study of mathematics and computational methods to nurturing critical thinking and creativity skills, and argued for a shift toward prioritizing the utilization of computational tools in education systems to address real-world challenges.

The two-day summit gathered nearly 7000 stakeholders in education, distinguished experts in innovation and technology, as well as young trailblazers to spark conversations focused on the safe, ethical and effective adoption of AI in global education systems.

Contact: [email protected].qa 

Source : 'WE ARE NOW AT THE DAWN OF A NEW AGE FOR INTELLIGENCE,' SAYS GLOBAL AI EXPERT AT QATAR FOUNDATION'S 2023 WISE SUMMIT

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BEIJING, Nov. 29, 2023 /PRNewswire/ — This is a report from China.org.cn about Tesla China:

In 30 seconds, what could you do? Maybe brush your teeth? Maybe enjoy a slice of cake? But what if I tell you something amazing happens in the same amount of time?

A Tesla Model Y rolls off the assembly line approximately every 30 seconds! Let’s take a closer look.

It’s quite remarkable, isn’t it? And guess where this is unfolding? Not in California, not in Berlin, but in Shanghai, China.

Construction of the Tesla Shanghai Gigafactory began in January 2019. Today, the factory can produce 950,000 cars each year. That’s about one car approximately every 30 seconds!

So, how does the Shanghai Gigafactory achieve this? Let’s dive in and find out!

"The advanced technology of Tesla is a big part of this achievement," said Liu Dingsen, L&D Manager, Tesla (China) Learning & Development Center to China.org.cn at the China International Supply Chain Expo in Beijing on November 29. "But it wouldn’t be possible without China’s well-established supply system."

"Our Shanghai Gigafactory works with over 400 first-tier local suppliers. Through collaboration, more than 60 Chinese suppliers have entered Tesla’s global supply system. Currently, Gigafactory Shanghai has achieved a localization rate of over 95% for components, and over 99.9% employees of Tesla China are Chinese," said Liu. "We can say that Tesla electric vehicles produced in Shanghai are truly Made-in-China cars."

In October, China exported 112,000 new energy passenger vehicles. Of these, over 43,000 cars were from Tesla China, making up nearly 40% of the total.

To understand this success story, you don’t need to visit the Shanghai factory personally. As if getting access were that easy, right? A great alternative is to visit the China International Supply Chain Expo in Beijing.

We are now at the China International Supply Chain Expo in Shunyi, the world’s first of its kind.

Here, visitors can learn about the upstream, midstream and downstream sectors of the various supply chains driving these miracles.

Among the 515 exhibitors, 132 are foreign-funded enterprises and institutions from 55 countries and regions, accounting for 26%. Many are Fortune Global 500 companies. Many are Fortune Global 500 companies.

We’re currently in the Smart Vehicle section. As we know, over half of the world’s new energy vehicles on roads are in China. So, this expo also showcases cutting-edge technologies in this industry. Let’s go and see.

Visitors can discover not only well-known automakers like GEELY and ZEEKR, but also key industry players like CATL. This leading lithium-ion battery manufacturer hails from Ningde, a city in southeastern China. Although their name might not roll off the tongue, they’re pushing the electric vehicle industry to new electrifying heights.

"The booth of CATL you are seeing now is part of the ESAE, also known as the Energy Storage Advanced Exhibition," said Fang Yue, Director and Executive Vice President of Blue Strategy at the expo.

"It showcases the products and services of 24 companies in the field of energy storage systems and power batteries that are participating in the exhibition as a consortium," said Fang.

Fang said all companies in the exhibition area have direct or indirect partnerships with each other, covering the entire energy storage industrial chain and formed a complete, stable and secure energy storage ecosystem.

"For example, you are now seeing the booth of CATL’s partner, SUNNIC. Their supercharging system can be used to charge the Shenxing superfast charging battery," said Fang. "In other words, the exhibition area is not just a showcase for certain products, but also shows a supply chain, an industrial chain and a value chain. In this way, we hope to contribute to the high-quality development of the new energy industry."

"As I said, it showcases the Bosch advanced automated driving solutions in China," said Liu Xiaofei, Director of Corporate Communication of Bosch China. "It contains, the middle screen basically showcases the driving situation in an elevated road as well as the congested area in the downtown city center situation."

Liu said Bosch developed the solutions together with its Chinese partners, the so called WeRide. At the 1st CISCE, Bosch invited four of its local suppliers like WeRide, SupplyOn, Black Sesame as well as HESAI Technology, and they are all showcasing their technology and solutions here at the booth.

"Well, at Bosch we stick to our "Local for Local" strategy and we conduct over 90% of our business in China for the local market," Liu sad. "Here in China, by actively collaborating with our local partners, we can serve our customers much better so as to make our supply chain much more resilient."

I’ve never considered myself to be a particularly skilled driver. However, exploring this section has made me optimistic that future mobility will be significantly smarter. It seems that in the future, anyone could be a good driver, as long as they’re good at talking!

But now, I have some new questions. If the future of mobility is dominated by the electric vehicles, do we have sufficient electricity?

And is there an environmentally friendly way to generate it? Watch my next video, and you’ll find the answer!

Source : How a carmaker in China rolls out an EV every 30 seconds

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NEW YORK, Nov. 29, 2023 /PRNewswire/ — Tbay, the global leading gift card trading platform, is delighted to announce that it currently serves over 600,000 active users. Behind this massive number, it lies in Tbay’s thriving transaction volume as well as the support and trust of those 600,000 users. It is a remarkable achievement of collaboration and mutual growth between the Tbay platform and its users in this digitized world. This article will focus on some success stories from Tbay customers, as well as the core advantages of the platform, to explore the uniqueness charm of this digital trading platform.

Voice of Tbay Users’ Stories

Tbay has consistently committed to providing users with a secure and efficient trading experience. Users can also gain substantial profits through transactions on the platform. We will now share the real trading stories of two active Tbay users, Richiedoe from the United States and Anifowose Saheed from Lagos, who have been using Tbay for three years. Both of them express high praise for Tbay’s product, stating that Tbay has no gift card scams and works diligently with to safeguard users’ transaction security and user rights.

One key reason they continue to use Tbay is the monthly income of approximately $3,000 they can earn through gift card transactions. While acknowledging occasional withdrawal delays, they find Tbay’s gift card vendors are all efficient and professional. They also mention regulatory measures implemented by the platform to ensure transaction security. They appreciate Tbay’s customer service for its friendly and prompt assistance when they encounter issues on the platform.

Tbay was founded with the goal of achieving mutual success with its users. Encountering such heartwarming users allows Tbay to continuously expand its business horizons on the platform, thereby improving the quality of life and creating more opportunities to drive economic development in Africa.

Unique Advantages of Tbay: Diverse Online Activities and Generous Rewards

In the past six months, Tbay has continuously collected and implemented valuable feedback from users, introducing rewarding features and online marketing campaigns, including rate-up coupons and temporary points, helping users gain higher profits in transactions. Additionally, Tbay has launched diverse online marketing campaigns such as daily check-in rewards, spin&win lucky draws, and crazy Thursdays. Each user can earn up to 5,000 Naira in cash rewards per week through these activities. These initiatives not only bring practical benefits to customers but also enhance the enjoyment of transactions. Meanwhile, Tbay has continually upgraded and perfected its core product features, creating a more convenient and diverse trading experience for users.

Internet Technology Driving the African Economy

Tbay firmly believes in the transformative power of technology. As a company dedicated to the dissemination of internet technology, Tbay consistently utilizes advanced technological means to promote digital economic development in Africa, support digital transformation, and nurture new talents, making global business exchanges simpler.

At the same time, leveraging the advantages of technology, Tbay is committed to building a trustworthy, secure, and professional global gift card trading platform. Currently, Tbay covers the whole Europe, North America, and entire Africa region, reaching over 100 countries globally, connecting buyers and sellers worldwide and providing users with a secure and convenient digital trading experience.

Furthermore, Tbay is actively assisting small and medium-sized businesses in Africa region to get involved into the digital economy, expanding its business scope, increasing market participation, and actively promoting sustainable economic growth in Africa. Through these efforts, Tbay plays a positive role in constructing a new pattern of digital economy and promoting social prosperity.

Conclusion

Since its establishment, Tbay has always prioritized integrity as the foundation of its business and safety as the cornerstone of platform development. With the slogan "You are in safe hands," Tbay has garnered the favor of numerous users. In the future, Tbay will continue to strive to provide users with a secure trading environment in the digital economy, offer higher-quality services and more convenient trading experiences, and continually fulfill corporate social responsibility at the societal level, expanding social influence together with users towards a brighter future in the digital economy.

Tbay Website: https://tbay.store/

Source : Top Africa Gift Card Trading Platform Tbay: Users' Trading Success Stories and Its Unique Features

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BEIJING, Nov. 29, 2023 /PRNewswire/ — Ucommune International Ltd (NASDAQ: UK) ("Ucommune" or the "Company"), a leading co-working office space manager and provider in China, today announced that at an extraordinary general meeting of the Company held at 10 A.M. on November 29, 2023, Beijing time (9 P.M. on November 28, 2023, U.S. Eastern time) (the "Meeting"), its shareholders approved:

(1)   an increase of authorized share capital from US$50,000.00 divided into 25,000,000 ordinary shares of par value of US$0.002 each, comprising (i) 20,000,000 Class A ordinary shares of par value of US$0.002 each and (ii) 5,000,000 Class B ordinary shares of par value of US$0.002 each, to US$600,000.00 divided into 300,000,000 ordinary shares of par value of US$0.002 each, comprising (i) 240,000,000 Class A ordinary shares of par value of US$0.002 each and (ii) 60,000,000 Class B ordinary shares of par value of US$0.002 each, by creating additional 220,000,000 authorized but unissued Class A ordinary shares and 55,000,000 authorized but unissued Class B ordinary shares (the "Increase of Share Capital");

(2)   a share consolidation of 12 ordinary shares with par value of US$0.002 each in the Company’s issued and unissued share capital into one ordinary share with par value of US$0.024 (the "Share Consolidation"), so that the authorized share capital of the Company will be US$600,000.00 divided into 25,000,000 ordinary shares of par value of US$0.024 each, comprising (i) 20,000,000 Class A ordinary shares of par value of US$0.024 each and (ii) 5,000,000 Class B ordinary shares of par value of US$0.024 each; and

(3)   an amendment of the Company’s memorandum and articles of association currently in effect to (i) reflect the Increase of Share Capital and the Share Consolidation and (ii) change the voting power of the Class B ordinary shares of par value of US$0.024 each (the "Class B Ordinary Shares") from thirty-five (35) votes for each Class B Ordinary Share to fifty-five (55) votes for each Class B Ordinary Share.

Holders of Class B ordinary shares approved such variation of rights of Class B ordinary shares on October 10, 2023 pursuant to the Current M&A. As a result, with immediate effect, each Class A ordinary shares, par value of US$0.024 each, of the Company shall be entitled to one (1) vote on all matters subject to vote at general and special meetings of the Company and each Class B Ordinary Share shall be entitled to fifty-five (55) votes on all matters subject to vote at general and special meetings of the Company.

The Share Consolidation will be effective at 5 P.M. on November 29, 2023, U.S. Eastern time. As a result of the Share Consolidation, each 12 pre-split ordinary shares outstanding will automatically combine and convert to one issued and outstanding ordinary share without any action on the part of the shareholders, and the terms of the outstanding warrants, unit purchase options and awards under share incentive plans of the Company will be adjusted automatically without any action on the part of the holders of those warrants, unit purchase options and awards under share incentive plans.

Beginning with the opening of trading on November 30, 2023, U.S. Eastern time, the Company’s Class A ordinary shares will begin trading on a post-Share Consolidation basis on the Nasdaq Capital Market under the same symbol "UK" but under a new CUSIP number of G9449A 134. No fractional shares will be issued in connection with the Share Consolidation. All fractional shares will be rounded up to the whole number of shares.

About Ucommune International Ltd

Ucommune is China’s leading co-working office space manager and provider. Founded in 2015, Ucommune has created a large-scale intelligent office ecosystem covering economically vibrant regions throughout China to empower its members with flexible and cost-efficient office space solutions.

Safe Harbor Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing," "targets," "guidance" and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; its future business development, results of operations and financial condition; its ability to understand members’ needs and provide products and services to attract and retain members; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with members and business partners; trends and competition in China’s co-working office space market; changes in its revenues and certain cost or expense items; the expected growth of China’s co-working office space market; PRC governmental policies and regulations relating to the Company’s business and industry, and general economic and business conditions in China and globally and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Ucommune International Ltd
[email protected] 

Source : Ucommune Announces Extraordinary General Meeting Results and Share Consolidation

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The USD 447.8 million loan, the largest ever renewable energy USD loan by BNDES, will help Atlas Renewable Energy build the Vista Alegre Solar Plant.

SAO PAULO, Nov. 29, 2023 /PRNewswire/ — Atlas Renewable Energy, international developer and one of the largest and fastest-growing independent power producers (IPP) in Latin America, secured a USD447.8 million (equivalent to R$2,18 billion) loan from the Brazilian development bank (BNDES), the bank’s largest renewable energy US Dollar loan to date, to build the Vista Alegre Solar Plant. With an installed capacity of 902 MWp, equivalent to 768 MWac, the plant will produce an average of 200 MW or 2TWh annually, preventing 2.4 million tons of CO2 during its 20-year operation – equivalent to producing enough power to supply over 3 million people. https://www.atlasrenewableenergy.com/en/atlas-renewable-energy-secures-bndes-first-us-dollar-loan-for-a-renewable-energy-project-in-brazil-2/

Atlas Renewable Energy Solar Plant

Vista Alegre, the largest solar project to be built in a single phase in Brazil, will supply electricity to Albras for 21 years through a power purchase agreement (PPA). The financing marks the second collaboration between the BNDES and Atlas, following the successful financing of the Boa Sorte Solar Power Plant (438 MWp), another joint venture with Albras, which will also supply clean energy for aluminum production. Vista Alegre allows Atlas to continue positioning itself as a leader in US dollar PPAs for large energy consumers in Brazil. Construction began in 2023 and the project is set to start supplying clean energy to Albras by 2025.

"We are incredibly proud of this project that becomes an instant symbol in Brazil and Latin America of the significant progress that can be made in advancing the energy transition with the help of local financing partners. We would like to thank BNDES for their support and trust in offering Atlas Renewable Energy the largest-ever US Dollar loan they have ever granted for a renewable energy project. We are equally proud that Vista Alegre will incorporate the best ESG practices of the industry, incorporating powerful social programs that advocate for, support and empower the local community," said Carlos Barrera, CEO of Atlas Renewable Energy.

The solar project, which will generate more than 2,500 jobs during its construction phase, will continue to promote best-in-class ESG practices through strong project execution to provide long-term benefits to the surrounding communities during the construction and operation phases. Atlas will implement its flagship social program, ‘We are all part of the same energy,’ to promote diversity and inclusion in the construction of its renewable energy projects by upskilling local women to increase their participation to at least 15%. Atlas will also implement its award-winning Ed-Mundo program, which aims to train young students in programming, IT, robotics and entrepreneurship in underprivileged communities. The program enables students to become protagonists of social transformation by generating work opportunities and other sources of income for their communities.

About Atlas Renewable Energy

Atlas Renewable Energy is an international renewable energy generation company with over 4 GW of contracted projects, of which 2.2 GW are operational. Atlas has specialized in developing, financing, constructing, and operating renewable energy projects since early 2017. The company has an experienced team with a deep global power market and renewable energy expertise, with the longest track record in the renewable energy industry in Ibero-America.

The company’s strategy is focused on helping large corporates make the energy transition to 100% clean energy. Atlas Renewable Energy is widely recognized for its high standards in developing, constructing, and operating large-scale projects, as well as its deep and long-standing track record in ESG and sustainable development.

For more details, please visit: https://www.atlasrenewableenergy.com

Source : ATLAS RENEWABLE ENERGY RECEIVES THE LARGEST EVER RENEWABLE ENERGY USD LOAN FROM BNDES FOR LATIN AMERICA'S LARGEST SOLAR PPA

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SEOUL, South Korea, Nov. 30, 2023 /PRNewswire/ — TRAVUT, a digital travel platform that eliminates language, transportation, and booking inconveniences for international travelers to Korea, has opened its digital service 2.0 based on its smart TSI (Travel Service Inventory).

Since 2022, TRAVUT has been delivering travel services to foreigners visiting Korea. Leveraging the feedback gathered over the past year, they have now developed the innovative TSI 2.0. This platform revolutionizes travel, transforming it from a product into a service. It offers a unique feature where travelers can freely customize only the services they require, creating a more personalized and efficient travel experience.

Choi Bo-Kyung, the CEO of TRAVUT, highlighted the dynamic nature of Korea’s digital services and the increasing difficulties encountered by foreign visitors. In response to these complexities, TRAVUT harnessed digital technology to create a unified platform that resolves the hurdles associated with traveling in Korea. Their intelligent TSI system is designed to offer tailor-made experiences for international tourists, simplifying their journey and enabling a broader exploration of Korea. The company’s mission is to leverage digital progress to enrich the entire travel experience for tourists.

TRAVUT’s smart TSI is an intelligent integrated service system, offering on-demand services including guides, interpretation, vehicle and chauffeur, reservations, and customized travel itineraries. It has been utilized by numerous individuals, including guests from luxury hotels, and has demonstrated a high level of satisfaction, with strong indications of potential repeat usage and recommendations.

Starting in late November 2023, TRAVUT’s travel platform initially launched its services via its website, with plans to extend into mobile apps and APIs by January 2024. The smart TSI platform not only operates through its own digital channels but also supports a wider range of foreign tourists in Korea through API-based business expansions with various partners, such as accommodation providers and local travel agencies.

In 2023, TRAVUT was selected for Google’s start-up growth support program and was also recognized in the TOP 100 Asian startups, establishing a foundation for its expansion into the global market. In 2024, TRAVUT plans to revolutionize the domestic inbound travel market based on its smart TSI platform, ensuring the scalability of its business model and platform.

For those planning a trip to Korea and seeking to experience a unique, personalized travel service, visit www.travut.com or reach out to [email protected] and make your journey in Korea memorable.

Source : Planning a trip to South Korea? TRAVUT is the digital travel platform for you.

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