TradeCafe Appoints Flexport and PayPal Veteran Huey Lin to Board as Company Accelerates Global Expansion
Guadalupe, June 10, 2025 (GLOBE NEWSWIRE) -- Guadalupe, Nuevo León -
Toronto, Canada – June 10, 2025 – TradeCafe, a global marketplace transforming how the global spot market for physical agri-commodities transacts, today announced the appointment of Huey Lin to its Board of Directors. Lin brings rare expertise at the intersection of global logistics and fintech from leadership roles at Flexport, Affirm, and PayPal.
The appointment comes at a pivotal moment for TradeCafe as the company accelerates its mission to digitize the traditionally opaque and fragmented agri-commodity trading ecosystem. With global food security and supply chain resilience becoming increasingly critical, TradeCafe's platform addresses fundamental inefficiencies in how agricultural products move from producers to consumers worldwide. The company's technology-enabled approach is particularly vital as climate volatility and geopolitical tensions continue to impact global food supply chains, creating unprecedented demand for transparent, efficient trading solutions.
Adding Lin to the board strengthens TradeCafe's board as the company expands its digital footprint and advances toward its next rounds of funding. Lin currently serves on the boards of the Singapore Exchange (SGX), Hang Seng Bank, and fintech unicorn Nium, bringing deep governance experience from both established institutions and high-growth technology companies. Her multi-market perspective spans Asia-Pacific and North American markets, providing invaluable insights for TradeCafe's global expansion strategy.
Lin's appointment brings critical operational expertise from the intersection of global logistics and fintech. As President of Flexport Asia she scaled the company's most strategic and fastest-growing region and helped build technology-enabled supply chain solutions that revolutionized freight forwarding. At Affirm, she pioneered new financial products as a founding executive and COO, contributing to the company's transformation of consumer lending. Her foundation in payments innovation began at PayPal, where she was one of the first product managers driving international expansion during the company's formative years. Currently, Lin is an active angel investor and advisor to companies ranging from pre-seed to high-growth stages, with a particular focus on supply chain innovation and financial infrastructure.
"We're thrilled to welcome Huey to the ," said Nicholas Walker, CEO of Bassett & Walker Inc., and Director of TradeCafe. "Her rare blend of operational depth and strategic foresight, from scaling cross-border operations at Flexport to driving transparency at PayPal and Affirm, aligns perfectly with our mission to transform the global protein trade. Her insights will be instrumental as we expand our digital marketplace."
"TradeCafe is revolutionizing how physical agri-commodities are traded in spot markets the way PayPal transformed payments," said Lin. "I'm excited to help build infrastructure that makes global agri-commodity trading more efficient, transparent, and accessible for everyone."
Lin's appointment signals TradeCafe's ambition to become the de facto clearinghouse for the $2 trillion global spot transaction market for physical agri-commodities, using technology to provide the transparency and efficiency currently missing in this industry.
About TradeCafe
TradeCafe is a forward thinking technology-driven global marketplace where buyers and sellers in the global spot transaction market for physical agri-commodities execute, finance, and fulfill transactions seamlessly. Having facilitated over $3 billion in transactions to date across more than 80 markets, TradeCafe is rapidly becoming the trusted infrastructure for spot agri-commodity trading. The platform's comprehensive suite of tools includes price discovery, transaction management, and end-to-end fulfillment and logistics capabilities. Learn more at www.tradecafe.com.
Media Contact: John Dietrich Head of Marketing TradeCafe jdietrich@tradecafe.com +1 647-278-9269
###
For more information about Trade Cafe Group, contact the company here:Trade Cafe GroupJohn Dietrich6472789269jdietrich@tradecafe.com
CONTACT: John Dietrich
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
an hour ago
- Forbes
When Will Intel Rebound?
CANADA - 2025/05/26: In this photo illustration, the Intel Corporation logo is seen displayed on a ... More smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Intel (NASDAQ:INTC) stock jumped by nearly 8% during Tuesday's trading session. While there weren't many stock-specific factors to justify such a significant move, tech stocks overall have been on an upward trend, driven by positive sentiment regarding the generative artificial intelligence phenomenon. Additionally, U.S. and Chinese officials are currently engaged in trade discussions in London, reportedly touching on export restrictions for various products, including semiconductors and rare earth metals, which may have contributed to the rise in Intel stock. Furthermore, strong fund inflows into technology funds like the Invesco QQQ Trust during the month of May also reflect the favorable outlook for the sector. Intel's stock has faced pressure over the past year due to its substantial investments in the foundry sector and a loss of market share in the server and PC spaces to competitors like AMD. Our evaluation of Intel based on essential metrics of Growth, Profitability, Financial Stability, and Downturn Resilience indicates that the company is experiencing poor operating performance, as outlined below. Nevertheless, if you are looking for potential upside with reduced volatility compared to individual stocks, the Trefis High Quality portfolio offers an alternative that has surpassed the S&P 500, yielding returns of over 91% since its launch. Based on your expenditure per dollar of sales or profit, INTC stock appears inexpensive when contrasted with the broader market. • Intel possesses a price-to-sales (P/S) ratio of 1.7 versus a figure of 3.0 for the S&P 500 • Moreover, the company's price-to-free cash flow (P/FCF) ratio stands at 8.6 against 20.5 for S&P 500 Intel's Revenues have decreased in the past few years. • Intel has experienced a decline in its top line at an average rate of 11.2% over the last 3 years (in comparison to a growth of 5.5% for S&P 500) • Its revenues have dropped by 4.0% from $55 Bil to $53 Bil in the past 12 months (while S&P 500 grew by 5.5%) • Additionally, its quarterly revenues contracted by 0.4% to $13 Bil in the most recent quarter from $13 Bil a year ago (versus a 4.8% increase for S&P 500) Intel's profit margins are significantly worse than most companies in the Trefis coverage universe. • Intel's Operating Income for the last four quarters amounted to $-4.1 Bil, reflecting a very poor Operating Margin of -7.8% (in contrast to 13.2% for S&P 500) • Intel's Operating Cash Flow (OCF) during this period was $10 Bil, indicating a moderate OCF Margin of 19.5% (against 14.9% for S&P 500) • For the last four-quarter span, Intel's Net Income was $-19 Bil, signifying a very poor Net Income Margin of -36.2% (compared to 11.6% for S&P 500) Intel's balance sheet appears to be adequate. • Intel's debt stood at $50 Bil at the conclusion of the most recent quarter, while its market capitalization is $96 Bil (as of 6/10/2025). This indicates a poor Debt-to-Equity Ratio of 56.3% (compared to 19.9% for S&P 500). [Note: A low Debt-to-Equity Ratio is preferable] • Total assets for Intel amount to $192 Bil, with cash (inclusive of cash equivalents) comprising $21 Bil. This results in a strong Cash-to-Assets Ratio of 10.9% (in contrast to 13.8% for S&P 500) INTC stock has performed worse than the benchmark S&P 500 index during some recent downturns. Concerned about the effects of a market crash on INTC stock? Our dashboard How Low Can Intel Stock Go In A Market Crash? offers a thorough analysis of how the stock reacted during and after prior strong market downturns. • INTC stock experienced a 63.3% decline from a peak of $68.26 on April 9, 2021, to $25.04 on October 11, 2022, compared to a peak-to-trough drop of 25.4% for the S&P 500 • The stock has not yet returned to its pre-Crisis high • Since then, the highest point the stock has reached is 50.76 on December 27, 2023, and it currently trades at approximately $22 • INTC stock declined by 34.8% from a high of $68.47 on January 24, 2020, to $44.61 on March 16, 2020, versus a peak-to-trough decline of 33.9% for the S&P 500 • The stock has not yet returned to its pre-Crisis high • INTC stock saw a decrease of 56.8% from a high of $27.98 on December 6, 2007, to $12.08 on February 23, 2009, compared to a peak-to-trough decline of 56.8% for the S&P 500 • The stock fully recovered to its pre-Crisis peak by March 26, 2012 Currently, Intel's recent performance has been lackluster, exhibiting inadequate growth and profitability as well as low resilience in downturns. Nonetheless, looking forward, there is potential for improvement. Intel's foundry operations, previously a weak area, may experience a turnaround within the next two years with the introduction of its advanced 18A process node, already attracting clients such as Amazon and Microsoft. The company is well-positioned to benefit from the administration in power due to its strong U.S. manufacturing footprint, which aligns with anticipated pro-domestic policy shifts. Furthermore, valuation appears reasonable with a lower price-to-sales and price-to-free cash flow ratio relative to the broader market. Additional advantages include the release of new PC/server chips (Lunar Lake, Arrow Lake) and increasing AI involvement through Gaudi accelerators, which could provide further uplift to the struggling stock. While investing in Intel stock may carry certain risks, the Trefis Reinforced Value (RV) Portfolio has consistently outperformed its all-cap stocks benchmark (a composite of the S&P 500, S&P mid-cap, and Russell 2000 indices) to deliver robust returns for investors. What accounts for this? The quarterly rebalanced mix of large-, mid-, and small-cap RV Portfolio stocks offered an adaptable strategy to capitalize on positive market conditions while minimizing losses during downturns, as described in RV Portfolio performance metrics.
Yahoo
an hour ago
- Yahoo
WareCRE Launches as the First Marketplace Dedicated to Co-Warehousing and Small-Bay Industrial Space for Small Businesses
SAN FRANCISCO, June 12, 2025 (GLOBE NEWSWIRE) -- WareCRE, a first-of-its-kind online marketplace connecting small businesses with nearly 100 co-warehousing and small-bay industrial property listings across the United States and Canada. As demand for flexible and affordable warehouse space accelerates, WareCRE answers a critical need for businesses seeking fast, scalable solutions in a shifting economic landscape. WareCRE brings together listings from leading co-warehousing brands—including ReadySpaces and other top operators—making it easier than ever for entrepreneurs, e-commerce sellers, and growing companies to discover and compare flexible warehouse options in major markets and emerging hubs WareCRE? Exclusive Inventory: Nearly 100 properties, with new listings added weekly, focused on small-bay and co-warehousing spaces optimized for business agility. Designed for Small Businesses: Focus on location, size, amenities, and lease flexibility—making it possible for businesses of any size to find space that fits their unique needs. Transparent, Side-by-Side Comparisons: WareCRE uniquely enables businesses to compare available spaces and operators, bringing much-needed transparency to the market. Backed by Market Trends: Small-bay industrial properties in the US now have a vacancy rate as low as 3.9%, with occupancy rates topping 96.6%—reflecting a market where demand is far outpacing supply. A Booming Market for Small-Bay Industrial and Co-Warehousing In North America alone, the warehousing market reached a valuation of $335.1 billion in 2024 and is projected to grow at a 7.2% CAGR through 2030. However, less than 10% of new warehouse development is focused on spaces under 100,000 square feet, creating a scarcity of options for small businesses and fueling a co-warehousing boom. At the same time, minimum monthly spending requirements for warehousing continue to rise, prompting more companies to seek flexible and affordable alternatives. "Traditional brokers and landlords have consistently overlooked small businesses looking for industrial space; we've built something to serve them specifically," said Nick Gardiner, partner at WareCRE. "With small-bay vacancy rates near historic lows and North American warehousing demand reaching new highs, we built WareCRE to give these businesses the same access and transparency that larger companies enjoy—so they can find space, compare options, and get growing, all in one place." WareCRE is now live and accepting property listings from operators, brokers, and owners nationwide. About WareCRE WareCRE is the first marketplace built exclusively for co-warehousing and small-bay industrial properties. It helps small businesses discover, compare, and secure flexible warehouse space across the US and Canada. Founded by a team of industry innovators with deep experience in the co-warehousing sector, WareCRE's mission is to make industrial real estate accessible, transparent, and simple for every business. Media Contact:Nick GardinerPartner, WareCREnick@ A photo accompanying this announcement is available at
Bloomberg
an hour ago
- Bloomberg
Norway Wealth Fund Puts TD Bank Under Observation for Four Years
Norway's $1.9 trillion sovereign wealth fund put Toronto-Dominion Bank under observation for four years as the Canadian lender works to improve controls and culture, following a historic money laundering settlement. TD Bank last year pleaded guilty to failures in the prevention of money laundering, agreeing to pay almost $3.1 billion in fines and other penalties. US Prosecutors said the bank failed for a decade to root out suspicious activities as required under the Bank Secrecy Act.
