logo
Hotel101 becomes first Filipino-owned company listed on Nasdaq

Hotel101 becomes first Filipino-owned company listed on Nasdaq

Filipino Times28-06-2025
Hotel101 Global Holdings Corp. has become the first Filipino-owned company approved to be listed and traded on the Nasdaq Stock Exchange in New York.
The company celebrated this milestone by ringing the Nasdaq Opening Bell.
Hotel101 shares are scheduled to begin trading on July 1, 2025, under the ticker symbol $HBNB. The listing follows the completion of its business combination with JVSPAC Acquisition Corp. (Nasdaq: JVSA), which was approved by JVSPAC shareholders on June 24, 2025.
With a deemed equity value of US$2.3 billion, the listing marks a historic first for any Philippine-owned company on the Nasdaq. Hotel101 is a subsidiary of Philippine-listed DoubleDragon Corporation (PSE: DD).
Hotel101 Global is described as an asset-light, prop-tech hospitality platform business built for rapid global expansion. The model features standardized hotel rooms and combines hospitality with property technology.
The company's long-term vision is to build one million hotel rooms in 100 countries, aiming to offer a seamless travel experience across borders. Its listing on Nasdaq opens more doors for international growth and investor visibility.
DoubleDragon's leadership posted on social media: 'A First Time Ever FILIPINO Moment in History today at the U.S. NASDAQ stock exchange in New York!'—highlighting pride in this landmark achievement.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

EToro leverages AI to redefine social investing
EToro leverages AI to redefine social investing

Zawya

time13 minutes ago

  • Zawya

EToro leverages AI to redefine social investing

Open-garden marketplace will allow users to build, publish and access customized tools. AI Companion, Tori, answering questions, surfacing personalized insights and guiding users. Alpha portfolios tapping into eToro's proprietary retail trading data. Community-powered innovation exemplified by acquisition of BullAware. Dubai, United Arab Emirates: eToro Group Ltd. ('eToro', or the 'Company') (NASDAQ: ETOR), the trading and investing platform, announced today how the company is harnessing artificial intelligence to redefine social investing. Yoni Assia, eToro's Co-founder and CEO, commented: 'There's been a lot of talk about how AI will reshape investing. It's not just speculation—it's already happening. At eToro, we're not waiting for the future to arrive. We're building it. 'Market data in the palm of your hand and AI-agents that enlighten you with the most relevant and accurate insights tailored to your portfolio and needs. The ability to build tools that help you outperform the markets and invite others to use them.' API Tools Powering the Creation of a Marketplace eToro is launching a suite of AI-tools that will transform social investing by creating a community-built marketplace for investing built on top of eToro's new public API. This marks a significant leap forward in the democratization of investing, arming retail traders and investors with sophisticated, AI powered capabilities previously only accessible to quantitative hedge funds. The suite of AI-tools will initially be available to eToro's Popular Investors, a subset of users who are a vetted group of top traders and investors who meet specific criteria and whose investment strategies can be copied by other users via eToro's patented CopyTrader technology. 'This is about more than just AI-generated insights,' continued Yoni Assia. 'With these tools we're not just democratizing access to markets and data, we're democratizing innovation itself. Our community is at the heart of everything we do and we are proud to enable them to build AI-powered tools that combine social trading features with advanced charting and execution capabilities, offering an AI powered experience. We're enabling our Popular Investors to innovate like top quantitative hedge funds and scale their impact within the eToro ecosystem.' Popular Investors will have access to a range of AI-powered tools including an eToro MCP (Model Context Protocol), agent-based services and customizable apps and dashboards. These tools offer seamless access to eToro's trading infrastructure and data, allowing Popular Investors to build tools for themselves and the eToro community. These tools can combine social trading features with advanced charting and execution capabilities. The key capabilities which will be deployed include the ability to: Develop bespoke trading algorithms and automate strategies. Automate trade execution: AI-driven algorithms to execute trades with precision, minimizing latency and maximizing efficiency. Integrate real-time market data and third-party tools, including backtesting and advanced analytics, to identify trends and opportunities across stocks, crypto, and ETFs, in order to build investment strategies. Personalize portfolio optimization: Tailored recommendations based on risk profiles, market conditions, and user behavior. Create personalized dashboards for monitoring portfolios and market activity including sophisticated risk management tools, powered by AI including Value-at-Risk (VaR) analysis and portfolio stress testing. Interact with eToro's social feed via customizable boiler plates e.g. rich media posts. 'We are unleashing the true potential of social investing. eToro becomes an open-garden marketplace built on top of eToro's new public API enabling users to build, publish and access customized tools.' comments Yoni Assia. Launch of Tori - eToro's AI Companion eToro's focus on AI-empowerment, includes the launch of Tori, eToro's next-gen AI companion. Tori is a powerful AI assistant transforming how users interact with eToro: answering questions, surfacing personalized insights, guiding them across the platform, and helping them better understand the world of investment - all through natural conversation. 'Harnessing disruptive technology is in our DNA. From pioneering social investing, offering bitcoin from 2013, to deploying machine learning to build portfolios, we are committed to leveraging new technologies to the benefit of our users and our business. AI is already fundamentally rewriting the rules of what is possible. Within appropriate guardrails it can be a powerful tool to empower everyday investors to learn, invest and trade.' adds Yoni Assia. 'Tori, our AI companion, answers questions, surfaces personalized insights and guides users across the eToro platform. Tori underpins all of our innovations, and will evolve as our platform evolves, helping our users to get the most from eToro.' Alpha Portfolios eToro has launched seven Alpha Portfolios as part of our Smart Portfolio offering. These AI-powered strategies are built using advanced analysis of eToro's proprietary retail trading data to give eToro users access to exclusive quant-driven strategies typically used by hedge funds. 'Strategies like these have traditionally been out of reach for ordinary investors, as they normally come with high entry barriers, costly management fees, restrictive lock-up periods and less transparency in terms of asset allocation,' said Yoni Assia. 'Our Alpha Portfolios combine AI with one of the largest retail trading datasets in the world to provide real, actionable value to retail investors. They demonstrate our commitment to harness AI for the benefit of our community.' Community-Powered Innovation Following the successful acquisition of portfolio management provider Bullsheet in 2022, eToro has acquired BullAwa r e and will partner with its creator Mariano Pardo to embed key features within the eToro platform. BullAware was created to provide eToro users with tools and insights to enhance their investing experience. 'BullAware is a clear example of the talent within our ecosystem and demonstrates why we are so excited about the potential that our Marketplace has to offer. eToro is a global community powered by the collaboration between people and technology. We want to embrace innovation wherever we find it and look forward to working with Mariano to integrate BullAware into the eToro platform. We're confident that through our deployment of AI-enabled tools, we will see more examples of innovation and inspiration from our community.' concludes Yoni Assia. About eToro eToro is a trading and investing platform that empowers you to invest, shar e and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest in a simple and transparent way. Today we have 40 million registered users from 75 countries. We believe there is power in shared knowledge and that we can become more successful by investing together. So we've created a collaborative investment community designed to provide you with the tools you need to grow your knowledge and wealth. On eToro, you can hold a range of traditional and innovative assets and choose how you invest: trade directly, invest in a portfolio, or copy other investors.

Epicor Drives Partner-Led Growth in the Middle East
Epicor Drives Partner-Led Growth in the Middle East

Channel Post MEA

time40 minutes ago

  • Channel Post MEA

Epicor Drives Partner-Led Growth in the Middle East

How would you describe the current demand for ERP solutions across the Middle East and Africa, and which verticals are showing the strongest growth? ERP demand is on the rise across the MEA region, especially in the UAE and Saudi Arabia , where the markets are projected to reach US$150 million and US$111 million, respectively, this year. With national transformation agendas and ambitious industrial targets taking shape, ERP is no longer a nice-to-have, but rather a foundational enabler. At Epicor, we're seeing the most substantial traction in manufacturing, where projects like the UAE's Operation 300bn are fuelling investment in innovative, scalable systems. Amid ongoing supply chain disruption, manufacturers are under pressure to localise production, improve agility, and maximise efficiency. These are all demands that ERP is uniquely positioned to meet. Crucially, ERP is also now part of the AI stack. As executives look to operationalise AI, they're realising that success depends on having the correct data, which is clean, compliant, and accessible. ERP systems have quietly been managing that data backbone for years, making them indispensable for any organisation serious about intelligent automation and long-term resilience. What unique challenges and opportunities do organisations in MEA face when it comes to ERP adoption and digital transformation? In the region, many organisations face a familiar crossroads when it comes to ERP adoption: opt for a free, open-source platform or invest in a specialised system. At face value, 'free' sounds appealing as there's no upfront licensing and full customisability. But in reality, it's often like trying to build a car from spare parts and a workshop manual. Technically possible? Yes. Practical at scale? Not really. The hidden cost of open-source ERP lies in the time that's spent reinventing the wheel rather than driving transformation. In fast-moving industrial sectors, that's a risk most businesses can't afford. ERP isn't just a backend tool anymore; it's the core of operational intelligence, data governance, and business agility. The opportunity lies in choosing wisely. Businesses that embrace purpose-built ERP platforms can focus on innovation and execution, not endless configuration. And in a region where growth windows are measured in months, not years, that difference is critical. How is Epicor tailoring its ERP offerings to meet the needs of mid-market and large enterprises in this region? For fast-scaling manufacturers in the UAE and Saudi Arabia, flexibility alone isn't enough. They need industry fit, reliability, and speed. That's where Epicor comes in. Our ERP solutions are purpose-built for manufacturing, engineered with sector-specific functionality right out of the box. Instead of offering generic platforms that require heavy customisation, we provide deeply integrated features like production control, quality assurance, and regulatory compliance. So businesses can focus on outcomes, not workarounds. Plus, our systems are built to integrate seamlessly with existing industrial technologies, reducing complexity and accelerating time to value. Our modular architecture also means our ERP grows with our customers. Whether you're mid-market today or expanding into multiple markets tomorrow, the platform scales with you, without the need for reimplementation or disruption. How do emerging technologies like AI, IoT, and cloud influence the evolution of ERP in MEA markets? In the region, AI, cloud, and IoT are no longer future considerations. They're shaping the future of ERP right now. Epicor Prism is a great example. This generative AI service integrates directly into our ERP system, allowing users to interact with business data through natural conversations. It's AI with a purpose that's designed to streamline decision-making and help teams take faster, smarter action across the supply chain. Cloud adoption is also gaining momentum, although it's often a phased journey. Many businesses still rely on legacy systems, heavily customised over time. That's why we support hybrid deployment paths, starting with core areas like finance or inventory and building towards full digital transformation. Younger leaders across MEA are increasingly cloud-native in mindset. They want tangible ROI. They want less downtime, better forecasting, and more intelligent automation. With embedded AI and real-time insights, our ERP gives them precisely that. What role do channel partners play in Epicor's regional go-to-market strategy, and how critical are they to customer success? We work very closely with our partners and see them as long-term collaborators. Our strategy is about building high-trust, high-impact relationships with partners who understand their industries and share our ambition for digital transformation. We invest in these partnerships, offering not just training and tools but co-created go-to-market plans, localised content, and ongoing support. This ensures that customers aren't just buying ERP, but rather a solution that reflects their real-world challenges and opportunities. When you combine Epicor's industry-specific technology with the deep local knowledge our partners bring, the result is something far greater than a transactional sale. How does Epicor enable and support its partners across the MEA region in terms of training, tools, and resources? The partners in this region are some of the most entrepreneurial I've worked with. They often come with deep vertical expertise—whether in discrete manufacturing, automotive, or construction materials. What they need from us is not just a product but a platform to differentiate and succeed. That's why we've doubled down on enablement. We offer guided learning paths through Epicor University, hands-on sandbox environments for demoing and experimenting, and tailored sales and marketing support that reflects regional realities. Whether a partner is based in Riyadh, Muscat, or Doha, we're giving them the tools to speak the language of the customer, both literally and in business terms. How is Epicor working with partners to deliver industry-specific solutions or customisations for customers in MEA? Our approach is simple. Our ask to our partners is to bring their industry knowledge and their customer relationships—we'll bring the platform, the innovation, and the commitment to help them scale. Epicor is not a vendor that treats partners like middlemen. We see them as co-creators of value. Our channel partners would attest that we see them as a seamless extension of our team. As we continue to scale the Epicor economy in the region, we're actively looking to grow with like-minded partners who share our long-term vision. This isn't just about signing new deals, it's about building enduring partnerships that drive results for our mutual customers. And, importantly, we offer choice. Some customers in the Middle East are ready for the public cloud. Others need private, hybrid, or even on-prem options. With Epicor, our partners don't have to walk away from those deals. They can offer the flexibility clients are looking for, without compromising on innovation. What is your outlook on partner ecosystem growth in this region, and what types of partners are you actively looking to onboard? While we're bullish on growth, we're also focused on doing it right. That means building a selective, quality-first partner ecosystem rooted in shared values and long-term goals. We're not chasing numbers; we're building lasting, high-impact relationships. We're actively looking for partners who bring vertical expertise, regional insight, and a desire to innovate. Whether partners serve SMEs or large manufacturers, what matters most is the ability to deliver real business value, not just technical capabilities. We're also localising our offerings and investing in support to ensure partners across MEA can compete globally. And with our latest AI and automation capabilities set to roll out, there's a real opportunity to lead the next wave of transformation in the region. Our message to potential partners is simple: if you're ready to scale with us, we're prepared to invest in your success.

China's light industry logs $1.57 trillion revenue in H1 2025
China's light industry logs $1.57 trillion revenue in H1 2025

Gulf Today

time2 hours ago

  • Gulf Today

China's light industry logs $1.57 trillion revenue in H1 2025

China's major light industry firms recorded 11.3 trillion yuan (US$1.57 trillion) in operating revenue in the first half of 2025, up 7 per cent year-on-year in value added, data from the China National Light Industry Council showed on Monday. According to Xinhua News Agency, the policy-fuelled consumer demand surged in the first half of the year, with the retail sales of 11 major light industry product categories exceeding 4.3 trillion yuan (about $590 billion), up 11.6 per cent from the previous year. WAM

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store