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The Four-Wheel Shift, VinFast VF 3 Makes Indonesian Users Upgrade from Motorbikes

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JAKARTA, INDONESIA – Media OutReach Newswire – 24 March 2026 – In Indonesia, where motorbikes have long dominated daily mobility, transitioning to a car has traditionally been seen as a major leap, one associated with higher costs, lifestyle adjustments, and urban constraints. However, the arrival of the VinFast VF 3 is rapidly reshaping that narrative.

For many first-time car buyers, especially those upgrading from motorbikes, the most striking impression of the VF 3 is not its technology, but its sense of relief. No more exposure to heat, rain, or fatigue from long hours navigating traffic, common realities in cities like Jakarta or Surabaya.

A small car, yet a whole world of its own’

One user described the experience as “stepping into a completely different world”, a space where they can lean back, relax, and actually enjoy the journey instead of enduring it.

Despite its compact footprint, the VF 3 offers a surprisingly optimized cabin. Its minimalist yet functional design ensures that every element serves a clear purpose, from seating layout to dashboard ergonomics. The air-conditioning system cools the interior quickly, a crucial advantage in tropical climates.

A particularly thoughtful design detail is the upright windshield, which helps reduce direct sunlight entering the cabin, an issue that many traditional sedans in Southeast Asia still struggle with. These seemingly small refinements collectively deliver a noticeably improved everyday experience.

More importantly, for many Indonesian families, VF 3 quickly becomes part of daily life: school runs, grocery trips, and weekend getaways. A compact car, yet a complete personal space on wheels.

Effortless driving, confident journeys

One of the biggest psychological barriers for motorbike users switching to cars is driving complexity. The VF 3 addresses this by making the experience intuitive and approachable.

With a light steering feel, tight turning radius, and a length of just around 3 meters, this mini-SUV is perfectly suited for navigating dense urban environments, a defining characteristic of Indonesian cities.

The gear selector, positioned conveniently behind the steering wheel, further simplifies operation, especially for first-time drivers.

Beyond ease of use, the VF 3 delivers a distinctly different driving experience thanks to its electric powertrain. Acceleration is smooth and immediate, allowing for responsive maneuvering in traffic. Even at speeds of 70-80 km/h, the vehicle maintains stability and a planted feel, giving drivers confidence on highways and intercity routes.

Notably, with a maximum torque of up to 110 Nm, the VF 3 exceeds expectations for a vehicle in its segment. It handles inclines and varied terrains with ease, proving capable even on more challenging routes.

When cost is no longer a barrier

Beyond user experience, economics plays a decisive role in Indonesia’s mobility transition, and this is where VinFastcreates a compelling advantage.

Unlike gasoline vehicles, electric cars offer significantly more predictable operating costs. Users are no longer exposed to volatile global fuel prices. Instead, electricity costs are generally more stable and easier to forecast.

More importantly, VinFast introduces an innovative battery subscription model, which has already received positive feedback in Indonesia. By separating the battery, the most expensive component, from the vehicle price, the company significantly reduces upfront ownership costs.

This aligns closely with Indonesian consumer behavior, where affordability at the point of purchase remains a key decision factor, even if long-term savings are evident.

VinFast further strengthens this advantage through a seasonal promotion: free battery subscription fees for two years for vehicles invoiced before May 31, 2026. Economically, this is highly impactful, as it effectively eliminates a major portion of early-stage operating costs.

When both initial investment and ongoing expenses are minimized, the barrier to switching from motorbikes or gasoline cars to EVs becomes dramatically lower.

A “golden opportunity” to go electric

Amid increasing volatility in global fuel markets, Vingroup has launched the “Trade Gas for Electric” program across multiple markets, including Indonesia.

The initiative provides an additional 3% discount on VinFast electric cars and a 5% discount on VinFast electric scooters for customers who switch from older gasoline vehicles.

At the same time, GSM Green and Smart Mobility is supporting this transition through discounted electric mobility services, allowing users to experience EVs firsthand before making a purchase decision.

Together, these efforts reflect a comprehensive ecosystem approach, not just selling vehicles, but enabling a complete shift in mobility behavior.

In a country where motorbikes have long been the default choice, the VF 3 introduces a new paradigm: compact, accessible, and intelligently designed mobility. It delivers not only convenience and cost efficiency, but also a tangible upgrade in quality of life, from protection against weather conditions to creating a private, comfortable space for families.

As urbanization accelerates and mobility needs evolve, solutions like the VF 3 are no longer optional. Ultimately, the reason many Indonesian users are willing to “ditch motorbikes without regret” is simple. They are choosing a better way to move, and a better way to live.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

Media OutReach

Owner-Operated Serviced Office CoWorkSpace Opens at 6 Raffles Quay Level 16, Offering Members Stable Pricing in a Landlords’ Market

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As Singapore CBD office rents rise for a fifth consecutive quarter and vacancy hits a record low, CoWorkSpace aims to shield members from rent increases that flex operators typically pass through.

SINGAPORE – Media OutReach Newswire – 26 May 2026 – CoWorkSpace is conveniently located at 6 Raffles Quay #16-01, occupying an entire floor within the office tower and comprising more than 50 private suites designed for startups, SMEs, and established corporations across shipping, financial intermediaries, family offices, professional services, business consultancy, technology, and trade-related industries.

The building is linked to both Raffles Place and Downtown MRT stations via fully sheltered underground walkways, allowing members and their visitors to reach the office without exposure to Singapore’s heat or rain.
Unlike other industry players, CoWorkSpace owns the property it operates from. This owner-operated model provides members with the option of medium to long-term price stability and reduces the risks commonly associated with leased coworking spaces, such as sudden closures, forced relocations, and aggressive rental increases.
The facility is configured mainly as private suites, with no hot-desks and no virtual office members. Members on dedicated-desk arrangements are situated within private suites, providing greater privacy and a more professional working environment.
Each suite is equipped with electronic height-adjustable desks, modern office chairs, and pedestal cabinets according to the suite configuration. Data points are also included within each suite.
Shared facilities include an expansive business lounge, business-grade internet, reception services, meeting rooms and call booths, printing, scanning and shredding facilities, and utilities.
In addition, CoWorkSpace operates an in-house IT team that manages its network and infrastructure directly, enabling faster response and turnaround times for IT-related matters without relying on third-party vendors.

Hashtag: #ServicedOffice #Coworking #CoworkingSpace #RafflesQuay #RafflesPlace #SingaporeCBD #SGCBD #PrivateOffice #PrivateSuites #OwnerOperated #FlexibleWorkspace #BusinessAddress #SMESingapore #SGBusiness #CoWorkSpace


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JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High

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SINGAPORE – Media OutReach Newswire – 26 May 2026 – JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a leading global technology company, today announced its unaudited financial results for the first quarter ended March 31, 2026.

In the first quarter, JOYY’s total revenues reached US$555.7 million, up 12.4% year over year, representing the Company’s highest year-over-year growth rate in recent years. Social entertainment revenue increased 3.2% year over year to US$400.4 million. BIGO Ads ad tech and SHOPLINE e-commerce, the second growth engine of the Company, maintained strong growth momentum. BIGO Ads revenue reached US$124.8 million, up 55.6% year over year, while SHOPLINE contributed US$30.5 million, up 16.1% year over year.

In the first quarter, the Company’s non-GAAP1 operating income increased 22.5% year over year to US$38.0 million, while non-GAAP1 EBITDA grew 13.2% year over year to US$45.7 million. Operating cash inflow for the quarter was US$46.0 million. Net cash as of March 31, 2026 stood at US$3.18 billion.

Simultaneously, JOYY announced a new share repurchase program, under which the Company is authorized to repurchase up to US$600 million of its shares until the end of 2028, and a new quarterly dividend program, under which a total of approximately US$900 million in cash will be distributed on a quarterly basis between 2026 and 2028. The new shareholder return program amounts to approximately US$1.5 billion, underscoring JOYY’s confidence in its long-term growth potential.

  1. This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company’s performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled “JOYY Reports First Quarter 2026 Unaudited Financial Results” issued by the Company on May 26, 2026.

Hashtag: #JOYY

The issuer is solely responsible for the content of this announcement.

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“Made in Binzhou” Heads to Tianzhou-10 Cargo Spacecraft——Binzhou Sci-Tech Power Embarks on a Hardcore Space Mission

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BINZHOU, CHINA – Media OutReach Newswire – 25 May 2026 – On May 11, experimental samples for the project “Study on the Effect of Rotating Magnetic Field on the Solidification Process of Aluminum-based Lightweight High-entropy Alloys under Space Microgravity Conditions” were officially launched aboard the Tianzhou-10 cargo spacecraft. Co-developed with the Metal Materials Center of Binzhou Weiqiao UCAS Advanced Technology Research Institute, these samples are now en route to China’s Manned Space Station to begin their on-orbit scientific journey in a microgravity environment.

Researchers conducting project experiments

This initiative is a collaborative effort involving the University of Chinese Academy of Sciences (UCAS), the National Space Science Center of the Chinese Academy of Sciences, and the Binzhou Weiqiao UCAS High Technology Research Institute. The successful launch marks a historic “zero-to-one” breakthrough, representing the first time private sci-tech forces from Binzhou and indeed Shandong province have reached space. It also stands as China’s first in-space experiment to study the solidification of lightweight high-entropy alloys under the dual-field coupling of “microgravity and rotating magnetic fields.”

As a national-level “space laboratory,” the manned space station hosts world-class research facilities and serves as a core platform for disruptive innovation in new materials. This successful deployment not only highlights the institute’s cutting-edge research capabilities but also signifies a deep integration between corporate scientific research and national aerospace engineering. Looking ahead, the institute will continue its deep dive into frontier fields such as space materials and lightweight alloys. By strengthening collaborative innovation across industry, academia, and research, they aim to empower the upgrading of the new materials industry with technological innovation, contributing both wisdom and strength to the development of China’s manned space program and the cultivation of new quality productive forces.
Hashtag: #BinzhouInformationOffice

The issuer is solely responsible for the content of this announcement.

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The Four-Wheel Shift, VinFast VF 3 Makes Indonesian Users Upgrade from Motorbikes

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on

JAKARTA, INDONESIA – Media OutReach Newswire – 24 March 2026 – In Indonesia, where motorbikes have long dominated daily mobility, transitioning to a car has traditionally been seen as a major leap, one associated with higher costs, lifestyle adjustments, and urban constraints. However, the arrival of the VinFast VF 3 is rapidly reshaping that narrative.

For many first-time car buyers, especially those upgrading from motorbikes, the most striking impression of the VF 3 is not its technology, but its sense of relief. No more exposure to heat, rain, or fatigue from long hours navigating traffic, common realities in cities like Jakarta or Surabaya.

A small car, yet a whole world of its own’

One user described the experience as “stepping into a completely different world”, a space where they can lean back, relax, and actually enjoy the journey instead of enduring it.

Despite its compact footprint, the VF 3 offers a surprisingly optimized cabin. Its minimalist yet functional design ensures that every element serves a clear purpose, from seating layout to dashboard ergonomics. The air-conditioning system cools the interior quickly, a crucial advantage in tropical climates.

A particularly thoughtful design detail is the upright windshield, which helps reduce direct sunlight entering the cabin, an issue that many traditional sedans in Southeast Asia still struggle with. These seemingly small refinements collectively deliver a noticeably improved everyday experience.

More importantly, for many Indonesian families, VF 3 quickly becomes part of daily life: school runs, grocery trips, and weekend getaways. A compact car, yet a complete personal space on wheels.

Effortless driving, confident journeys

One of the biggest psychological barriers for motorbike users switching to cars is driving complexity. The VF 3 addresses this by making the experience intuitive and approachable.

With a light steering feel, tight turning radius, and a length of just around 3 meters, this mini-SUV is perfectly suited for navigating dense urban environments, a defining characteristic of Indonesian cities.

The gear selector, positioned conveniently behind the steering wheel, further simplifies operation, especially for first-time drivers.

Beyond ease of use, the VF 3 delivers a distinctly different driving experience thanks to its electric powertrain. Acceleration is smooth and immediate, allowing for responsive maneuvering in traffic. Even at speeds of 70-80 km/h, the vehicle maintains stability and a planted feel, giving drivers confidence on highways and intercity routes.

Notably, with a maximum torque of up to 110 Nm, the VF 3 exceeds expectations for a vehicle in its segment. It handles inclines and varied terrains with ease, proving capable even on more challenging routes.

When cost is no longer a barrier

Beyond user experience, economics plays a decisive role in Indonesia’s mobility transition, and this is where VinFastcreates a compelling advantage.

Unlike gasoline vehicles, electric cars offer significantly more predictable operating costs. Users are no longer exposed to volatile global fuel prices. Instead, electricity costs are generally more stable and easier to forecast.

More importantly, VinFast introduces an innovative battery subscription model, which has already received positive feedback in Indonesia. By separating the battery, the most expensive component, from the vehicle price, the company significantly reduces upfront ownership costs.

This aligns closely with Indonesian consumer behavior, where affordability at the point of purchase remains a key decision factor, even if long-term savings are evident.

VinFast further strengthens this advantage through a seasonal promotion: free battery subscription fees for two years for vehicles invoiced before May 31, 2026. Economically, this is highly impactful, as it effectively eliminates a major portion of early-stage operating costs.

When both initial investment and ongoing expenses are minimized, the barrier to switching from motorbikes or gasoline cars to EVs becomes dramatically lower.

A “golden opportunity” to go electric

Amid increasing volatility in global fuel markets, Vingroup has launched the “Trade Gas for Electric” program across multiple markets, including Indonesia.

The initiative provides an additional 3% discount on VinFast electric cars and a 5% discount on VinFast electric scooters for customers who switch from older gasoline vehicles.

At the same time, GSM Green and Smart Mobility is supporting this transition through discounted electric mobility services, allowing users to experience EVs firsthand before making a purchase decision.

Together, these efforts reflect a comprehensive ecosystem approach, not just selling vehicles, but enabling a complete shift in mobility behavior.

In a country where motorbikes have long been the default choice, the VF 3 introduces a new paradigm: compact, accessible, and intelligently designed mobility. It delivers not only convenience and cost efficiency, but also a tangible upgrade in quality of life, from protection against weather conditions to creating a private, comfortable space for families.

As urbanization accelerates and mobility needs evolve, solutions like the VF 3 are no longer optional. Ultimately, the reason many Indonesian users are willing to “ditch motorbikes without regret” is simple. They are choosing a better way to move, and a better way to live.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

Media OutReach

Owner-Operated Serviced Office CoWorkSpace Opens at 6 Raffles Quay Level 16, Offering Members Stable Pricing in a Landlords’ Market

Published

on

As Singapore CBD office rents rise for a fifth consecutive quarter and vacancy hits a record low, CoWorkSpace aims to shield members from rent increases that flex operators typically pass through.

SINGAPORE – Media OutReach Newswire – 26 May 2026 – CoWorkSpace is conveniently located at 6 Raffles Quay #16-01, occupying an entire floor within the office tower and comprising more than 50 private suites designed for startups, SMEs, and established corporations across shipping, financial intermediaries, family offices, professional services, business consultancy, technology, and trade-related industries.

The building is linked to both Raffles Place and Downtown MRT stations via fully sheltered underground walkways, allowing members and their visitors to reach the office without exposure to Singapore’s heat or rain.
Unlike other industry players, CoWorkSpace owns the property it operates from. This owner-operated model provides members with the option of medium to long-term price stability and reduces the risks commonly associated with leased coworking spaces, such as sudden closures, forced relocations, and aggressive rental increases.
The facility is configured mainly as private suites, with no hot-desks and no virtual office members. Members on dedicated-desk arrangements are situated within private suites, providing greater privacy and a more professional working environment.
Each suite is equipped with electronic height-adjustable desks, modern office chairs, and pedestal cabinets according to the suite configuration. Data points are also included within each suite.
Shared facilities include an expansive business lounge, business-grade internet, reception services, meeting rooms and call booths, printing, scanning and shredding facilities, and utilities.
In addition, CoWorkSpace operates an in-house IT team that manages its network and infrastructure directly, enabling faster response and turnaround times for IT-related matters without relying on third-party vendors.

Hashtag: #ServicedOffice #Coworking #CoworkingSpace #RafflesQuay #RafflesPlace #SingaporeCBD #SGCBD #PrivateOffice #PrivateSuites #OwnerOperated #FlexibleWorkspace #BusinessAddress #SMESingapore #SGBusiness #CoWorkSpace


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JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High

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on

SINGAPORE – Media OutReach Newswire – 26 May 2026 – JOYY Inc. (NASDAQ: JOYY) (“JOYY” or the “Company”), a leading global technology company, today announced its unaudited financial results for the first quarter ended March 31, 2026.

In the first quarter, JOYY’s total revenues reached US$555.7 million, up 12.4% year over year, representing the Company’s highest year-over-year growth rate in recent years. Social entertainment revenue increased 3.2% year over year to US$400.4 million. BIGO Ads ad tech and SHOPLINE e-commerce, the second growth engine of the Company, maintained strong growth momentum. BIGO Ads revenue reached US$124.8 million, up 55.6% year over year, while SHOPLINE contributed US$30.5 million, up 16.1% year over year.

In the first quarter, the Company’s non-GAAP1 operating income increased 22.5% year over year to US$38.0 million, while non-GAAP1 EBITDA grew 13.2% year over year to US$45.7 million. Operating cash inflow for the quarter was US$46.0 million. Net cash as of March 31, 2026 stood at US$3.18 billion.

Simultaneously, JOYY announced a new share repurchase program, under which the Company is authorized to repurchase up to US$600 million of its shares until the end of 2028, and a new quarterly dividend program, under which a total of approximately US$900 million in cash will be distributed on a quarterly basis between 2026 and 2028. The new shareholder return program amounts to approximately US$1.5 billion, underscoring JOYY’s confidence in its long-term growth potential.

  1. This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company’s performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled “JOYY Reports First Quarter 2026 Unaudited Financial Results” issued by the Company on May 26, 2026.

Hashtag: #JOYY

The issuer is solely responsible for the content of this announcement.

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“Made in Binzhou” Heads to Tianzhou-10 Cargo Spacecraft——Binzhou Sci-Tech Power Embarks on a Hardcore Space Mission

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on

BINZHOU, CHINA – Media OutReach Newswire – 25 May 2026 – On May 11, experimental samples for the project “Study on the Effect of Rotating Magnetic Field on the Solidification Process of Aluminum-based Lightweight High-entropy Alloys under Space Microgravity Conditions” were officially launched aboard the Tianzhou-10 cargo spacecraft. Co-developed with the Metal Materials Center of Binzhou Weiqiao UCAS Advanced Technology Research Institute, these samples are now en route to China’s Manned Space Station to begin their on-orbit scientific journey in a microgravity environment.

Researchers conducting project experiments

This initiative is a collaborative effort involving the University of Chinese Academy of Sciences (UCAS), the National Space Science Center of the Chinese Academy of Sciences, and the Binzhou Weiqiao UCAS High Technology Research Institute. The successful launch marks a historic “zero-to-one” breakthrough, representing the first time private sci-tech forces from Binzhou and indeed Shandong province have reached space. It also stands as China’s first in-space experiment to study the solidification of lightweight high-entropy alloys under the dual-field coupling of “microgravity and rotating magnetic fields.”

As a national-level “space laboratory,” the manned space station hosts world-class research facilities and serves as a core platform for disruptive innovation in new materials. This successful deployment not only highlights the institute’s cutting-edge research capabilities but also signifies a deep integration between corporate scientific research and national aerospace engineering. Looking ahead, the institute will continue its deep dive into frontier fields such as space materials and lightweight alloys. By strengthening collaborative innovation across industry, academia, and research, they aim to empower the upgrading of the new materials industry with technological innovation, contributing both wisdom and strength to the development of China’s manned space program and the cultivation of new quality productive forces.
Hashtag: #BinzhouInformationOffice

The issuer is solely responsible for the content of this announcement.

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