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The world’s most populous country is also one of the most attractive for eCommerce investors. “It’s the tip of the spear of growth,” for that sector, EMQQ Global Founder Kevin Carter told CNBC in an interview Sunday (Dec. 22), “not just in emerging markets, but on the planet.” Carter’s company, the report said, is behind the The India Internet ETF, which launched in 2022 and up almost 21% so far this year , as of the end of last week. Among the companies Carter has backed is Zomato , which he referred to as “the DoorDash of India,” and whose stock is up 128% this year. “One of the reasons Zomato has done so well this year is because the quick commerce business blanket has exceeded expectations ,” he said. “It now looks like it’s going to be the biggest business at Zomato.” He added that his confidence lies from the fact that India’s population is only beginning to embrace the digital space. “They’re getting their first-ever computer today basically,” he said, “You’re giving billions of people super computers in their pocket internet access.” India’s eCommerce and quick commerce market has also attracted global retail giants like Walmart and Amazon. As noted here earlier this month, Amazon has begun testing 15-minute-or-less grocery deliveries , part of a wave of companies promising super-fast deliveries of products such as groceries and electronics in India. Amazon aims to focus on launching a program “to offer the largest selection at fastest speeds and greatest value to customers in every single pin-code across the country,” Samir Kumar, country manager of Amazon India, said in a statement to Reuters. That report said that the quick commerce sector in India is expected to exceed $6 billion in annual sales for 2024, up from $100 million in 2020. The Walmart-backed Flipkart is another player in this space, having earlier this year begun a quick commerce pilot that promised grocery deliveries in 10 minutes. The quick commerce model also faces pressures from India’s traditional retailers, who contend they are having trouble competing with the sharp discounts and fast service that these platforms can offer. In October, the All India Consumer Products Distributors Federation, the country’s largest retail distribution trade group, called for an antitrust probe of three of India’s largest quick commerce companies — Zomato’s Blinkit, Swiggy and Zepto — over claims of predatory pricing.Every so often, small business owners south of Sydney begin their day cleaning up human faeces. It's an odorous reminder of Port Kembla's dire need for a main street public toilet. "It's a fairly regular basis," local chamber of commerce president Greg Rodgers tells AAP. "When businesses are asking me how things are progressing with getting a toilet, they say they're having ongoing issues, sometimes multiple times a week - people urinating, defecating in the public areas." Those desperate for relief can ask the pub or restaurants - or walk two kilometres to the beach if it's both daylight and surf lifesaving season. But it's hardly an option for all abilities or all hours, hampering dozens of new businesses and families helping revive the industrial town. "Are people going to say 'we'll check out this new area - shame, I have to pee in the park'?" Mr Rodgers wonders. The six-year battle for a public loo in Port Kembla illustrates Australia's inconsistent lavatory landscape, with accessibility, safety and availability varying widely. Standards do not address existing social norms - such as parenting and gender - nor are they able to reflect the gamut of human experience, or even respond to the variety of wheelchair users, a recent Churchill fellow found. Standards also do not apply to existing buildings, leaving people resorting to dank decades-old facilities or holding on in hope of something better down the road. "With very few exceptions, they're not very well designed," design expert Christian Tietz tells AAP. "The general look and feel is really one of bare necessity and extremely function focused. "It's really sort of addressing the lowest common denominator." But it shouldn't be so, the senior lecturer in UNSW's Faculty of the Built Environment says. Toilets set the tone for public behaviour, expectations and conduct, he says. Facilities that show respect and offer an opportunity to refresh and revive will result in people carrying that through their other interactions with a town. "But if I go in somewhere and it's got blue lighting, it doesn't work, and I feel like I'm being treated like a criminal ... then that sets the tone for that locality and I come out feeling accordingly," Dr Tietz says "The toilet is a place where you can make an impression - it's also place where we are more or less equal, right?" He rejects counter arguments based on cost and vandalism, saying loos could be durable, highly frequented and visually appealing. Australia's 23,000 public and private public bathrooms could be even more, with power points to charge phones, benches to rest and external wash basins for non-toileting matters such as rinsing fruit. Increasing interaction with the facilities would also promote personal safety, he said. Dr Tietz's recognition that loos can be more than just places for ones and twos is well supported. Visionary architects in one Tokyo district recently led the redesign of 17 accessible public bathrooms, resulting in rooms shaped like a spacecraft and another like a squid in a wider octopus park. Sydney's Inner City Legal Centre in October called on NSW to recognise public toilets as an essential private space that allows for changing clothes after exercise or spilling food, cleaning children and nappies or as 'wind-down' spaces. The Australian College of Road Safety meanwhile suggests improvements to highway rest area public toilets could enhance initiatives to ensure motorists take regular rest breaks. It notes some rest areas lack public toilets and those that do have them may discourage use due to a lack of flushing toilets or potable water. Women truck drivers also face difficulty accessing equitable facilities, as do the 5.5 million Australians with a disability. Sanitary bins are not compulsory in men's toilets, the Country Women's Association points out, compromising the dignity and ability of older men to manage their health needs while using public spaces. And any women attending a large event knows queuing for bathrooms is an experience far more infrequent for men. One answer meets many of those concerns however - universal design principles in bathrooms. They're designed for everyone, with single cubicles with a basin, a full-height door that opens out onto public space as well as change facilities. Medical doctor Amanda Cohn led the charge to revamp her regional city's restrooms to factor in universal design principles and is investigating the potential for wider rollout. The Albury-based MP is chairing a NSW inquiry into public toilets encompassing topics of design, minimum standards and international best practice. "(With universal design) you're designing out the old-fashioned narrow, winding corridor where there's a hidden, shared space - that's really where a lot of the inaccessibility and the danger of public toilets comes from," she tells AAP. "For a surprising number of people, the provision of public toilets actually impacts their decisions about whether or not to visit a town or go to an event. "It actually impacts people's participation in community life. "And for people whose lives are impacted by this every day, this inquiry is a really incredible opportunity for their voices to be heard." Those include the voices of people with disabilities or chronic medical conditions, people who are trans or gender diverse and parents with young children. One member of the public has also demanded an end to the 'prison look' in some older facilities. "Those cold metal seats make taking a potty-trained child to the park horrible," one submission says. The inquiry, which is receiving submissions until December 2, will also examine maintenance. That touches a concern some people have raised to previous inquiries about using non-gender-segregated bathrooms. Albury City Council noted its 10-year public toilet strategy and redevelopment drive had increased maintenance costs by up to $100,000 per year. But shouldering those costs had been prioritised, the council said. It's an argument Greg Rodgers hopes the local government for Port Kembla can also get behind as he underlines the benefit a best-practice toilet would deliver community and business. "Costs shouldn't be an issue - we shouldn't have to expect the pub to be the only available option," he says. "There are so many things that branch from having a good access to a toilet."
EDITOR'S NOTE: On Football analyzes the biggest topics in the NFL from week to week. No one wants to see any player take a vicious hit like the one that knocked Trevor Lawrence out of the game. It’s easy to agree on that point. Eliminating violent shots is the hard part. The NFL has instituted several rules to protect quarterbacks but football is a physical sport and players have to react instantly and make split-second decisions going at high speeds so injuries keep occurring. Lawrence was carted off the field in the first half of Jacksonville’s 23-20 loss to Houston on Sunday after Azeez Al-Shaair leveled the defenseless quarterback with a forearm to the facemask. The late hit put Lawrence in the fencing position — both fists clenched — and he stayed on the ground for several minutes, while a brawl ensued. Lawrence didn’t require hospitalization for his concussion but it’s unknown when he’ll return. “Thank you to everyone who has reached out/been praying for me,” Lawrence wrote on X. “I’m home and feeling better. Means a lot, thank you all.” Al-Shaair was ejected from the game and faces a fine and potential suspension after his latest unsportsmanlike penalty. The Texans' linebacker was flagged and later fined $11,255 for a late hit out of bounds on Titans running back Tony Pollard last week. He was fined earlier this year after he punched Bears running back Roschon Johnson on the sideline in Week 2. That occurred during a scuffle that started after his hard shot on quarterback Caleb Williams near the sideline that wasn’t flagged. Jacksonville Jaguars quarterback Trevor Lawrence slides in front of Houston Texans linebacker Azeez Al-Shaair during the first half of a game on Sunday in Jacksonville, Fla. Lawrence was injured on the play. Al-Shaair once got away with grabbing Tom Brady by the throat on a pass rush in a game between the 49ers and Buccaneers. Outraged Jaguars players called Al-Shaair’s hit “dirty” and Texans coach DeMeco Ryans made it known he didn’t condone it. “It’s not what we’re coaching,” Ryans said. “Want to be smart in everything we do and not hurt the team, get a penalty there. Have to be smarter when the quarterback is going down. Unfortunate play. Not representative of who Azeez is. He’s a smart player, really great leader for us. We felt his presence not being there. His loss really affected us on the defensive side. Just not what we’re coaching. Didn’t want to see the melee and all the aftermath. That’s not what we’re about. Not representative of us. I’ll talk to Azeez, address him personally, and we’ll move forward from it.” Fox Sports color analyst Daryl Johnston, a former fullback for the Dallas Cowboys, didn’t hold back his criticism, calling it a “cheap shot.” “It’s everything you’re not supposed to do,” Johnston said. “Everything. You’ll see this in slow motion and Azeez Al-Shaair does everything you’re trying to prevent in this situation. It’s reckless. It’s disrespectful. There’s an honor that you give to your opponent on the football field and you respect him. And there’s opportunities to be physical and give big hits and play this game in that manner. And there’s other times when there’s a respect that you grant to your opponent.” Some former NFL quarterbacks blasted Al-Shaair on social media. “There is no place in the game of football for dirty hits like this one,” Robert Griffin III wrote on X. Chase Daniel called it “one of the dirtiest hits” he’s ever seen on a quarterback. Jacksonville Jaguars tight end Evan Engram, right, jumps on Houston Texans linebacker Azeez Al-Shaair after his late hit on quarterback Trevor Lawrence, bottom, during the first half of a game on Sunday in Jacksonville, Fla. Even defensive players struggled to defend Al-Shaair. “That was uncalled for,” Hall of Fame defensive lineman Michael Strahan said on Fox’s studio show while fellow Hall of Famer Howie Long agreed. But the play also sparked debate about the quarterback slide. Lawrence slid feet first, which signals that he’s giving himself up on the play. The NFL rulebook states: “A defender must pull up when a runner begins a feet-first slide.” But defensive players aren’t automatically penalized if they make contact with a sliding quarterback if they already committed and the contact is unavoidable. The rules state it’s a foul when “the defender makes forcible contact into the head or neck area of the runner with the helmet, shoulder, or forearm, or commits some other act that is unnecessary roughness.” Al-Shaair did that so he was penalized and will face other repercussions. Still, given the hard-hitting nature of the sport, it won’t be the last time this happens. When Caleb Williams took the field for the Chicago Bears' first regular season game against the Tennessee Titans, the anticipation for the rookie's debut game—possibly the most ever—was on full display. Despite a tough debut for the quarterback, the Bears secured a 24-17 win, a notable feat for the rookie. The victory made Williams the first #1 overall pick with a Week 1 win in over 20 years. Going forward this season, Williams is expected to eclipse C.J. Stroud's record-breaking 2023 rookie campaign with the Houston Texans. However, Stroud's success is an anomaly. Drafting a successful quarterback, especially one who is effective right away, is difficult. When teams have a high first-round draft pick, and they're coming off an unsuccessful few seasons, it's assumed that they will use their first pick on a quarterback . That player will assume the title of "the face of the franchise" and will get the central attention, win or lose. To see which quarterbacks have faced that challenge and triumphed, ATS.io compiled a ranking of the 10 best rookie quarterbacks since 1960 using data from StatHead . Rookies were defined as players who are in their first season of professional football and have not been on the roster of another professional team. Quarterbacks were ranked according to adjusted net yards per pass attempt, which quantifies efficient passing skill. Ties were broken using passer rating. Only rookie quarterbacks with at least 10 games played and 200 total passing attempts were considered. Since 1967, 130 quarterbacks have been drafted in the first round. Of those drafted, only 61 have won a playoff game as a starter, according to The Athletic, which used data from NFL Research . The biggest reason this success rate is not guaranteed is because there are differences between college and pro offensive systems. In the collegiate game, the ball is snapped at different points on the field, passing windows are wider, and defenders and linemen are not as quick, making the adjustment to the pro level more difficult. NFL scouts and general managers are gambling on what skills can be transferable and how long those adjustments might take, which is why some teams prefer redshirt quarterbacks to ease the transition. However, just because a team may not want to use their first-round pick on a quarterback, doesn't mean they can't find a diamond in the rough later in the draft. Think about Tom Brady, Russell Wilson, and Dak Prescott, all of which were not first-round picks, but have gone on to make a name for themselves in the NFL. - Adjusted net yards per pass attempt: 6.44 - Passer rating: 91.2 - Season stats: 3,271 yards, 21 touchdowns, 6 interceptions Coming out of college, Gardner Minshew was not a highly sought-after quarterback for NFL teams. He was drafted in the sixth round of the 2019 draft—a draft that was headlined by Kyler Murray, Dwayne Haskins, and Daniel Jones. Nonetheless, Minshew's rookie season with the Jacksonville Jaguars was filled with many accomplishments. He won Rookie of the Week seven times despite not winning NFL Offensive Rookie of the Year. Minshew also had the highest passer rating of any rookie quarterback that started in 2019. - Adjusted net yards per pass attempt: 6.77 - Passer rating: 93.7 - Season stats: 3,725 yards, 27 touchdowns, 14 interceptions Pressure was high for Baker Mayfield as the first overall pick in the 2018 draft. When he joined the Cleveland Browns, there was an expectation that once the team figured out the quarterback position, it could be playoff-ready. After trading for Jarvis Landry, a young wide receiver from the Miami Dolphins, in the offseason, the Browns were on their way. Mayfield's rookie season was filled with many firsts, and the Landry-Mayfield connection filled the stat sheet. Mayfield set the record for most passing touchdowns by a rookie quarterback in 2019 with 27 surpassing prior marks from Payton Manning and Russell Wilson. - Adjusted net yards per pass attempt: 6.84 - Passer rating: 98.3 - Season stats: 4,336 yards, 31 touchdowns, 10 interceptions Justin Herbert was the third quarterback selected in the 2020 NFL draft behind Joe Burrow and Tua Tagovailoa. As the No. 6 overall pick, expectations were high, but there was also an assumption that it would be a few years before Herbert's development would take shape. Then, Chargers starting quarterback Tyrod Taylor was accidentally punctured in the lung by a team doctor administering a painkiller before the second game of the season, and it wasn't clear what Taylor's status would be moving forward. When Herbert was given the nod to start minutes before the game, fans didn't know what to expect. Herbert shocked viewers when he threw for over 300 yards and only one interception in that game. He continued his strong rookie showing throughout the season and went on to win NFL Offensive Rookie of the Year. - Adjusted net yards per pass attempt: 6.93 - Passer rating: 98.1 - Season stats: 2,621 yards, 17 touchdowns, 11 interceptions Ben Roethlisberger was the third quarterback selected in his draft class behind the likes of Eli Manning and Philip Rivers—though fans wouldn't have been able to tell. From the moment Roethlisberger was called up by the Pittsburgh Steelers to play in his first game—Week 2 against the Baltimore Ravens—it was clear he had a special arm, gaining the nickname "Golden Arm." While the next several games were bumpy for Steelers fans, it was clear that Roethlisberger was the future of the franchise. The Steelers had a solid running game and its receiving core, led by Hines Ward, was one of the best in the league . Once Roethlisberger gained his footing a few games in, he was unstoppable. He led Pittsburgh to its best record ever: 15-1. He also started the season on an eight-game winning streak, becoming the first rookie to do so. Additionally, Roethlisberger became the first quarterback to win AP Offensive Rookie of the Year. - Adjusted net yards per pass attempt: 7.01 - Passer rating: 87.7 - Season stats: 3,440 yards, 16 touchdowns, 11 interceptions As the No. 3 overall pick in the 2008 NFL draft, there were high expectations on Matt Ryan's shoulders heading to the Atlanta Falcons. The Falcons were coming off back-to-back losing seasons and off-the-field legal troubles with its starting quarterback Michael Vick overshadowing the team's play. Ryan was expected to pick up the pieces. He did that immediately, leading the Falcons to an 11-5 record in his rookie season and becoming the clear favorite for NFL Offensive Rookie of the Year halfway through the season, which he went on to win. The tag team of Ryan and running back Michael Turner was one of the best offensive forces in the sport that season. - Adjusted net yards per pass attempt: 7.01 - Passer rating: 100 - Season stats: 3,118 yards, 26 touchdowns, 10 interceptions Russell Wilson was drafted in the third round of the 2012 NFL Draft by the Seattle Seahawks. Considering Robert Griffin III and Andrew Luck headlined the NFL Draft that year, it was not believed that Wilson would be a starter come Week 1, but that quickly changed. Going into the 2012 NFL Draft, Tarvaris Jackson was the Seattle Seahawks' starting quarterback, and the team signed NFL veteran quarterback Matt Flynn as an insurance policy on the injury-prone Jackson . It was assumed in the short term that either Jackson or Flynn would lead the franchise. Once training camp arrived, however, the Seahawks' quarterback position was uncertain. Jackson was traded to the Buffalo Bills, and Flynn was underwhelming at camp, forcing Head Coach Pete Carroll to take a gamble on his rookie quarterback, Wilson, in Week 1. Carroll, nor Wilson, ever looked back. Wilson was one of the best passing quarterbacks that season. He led the Seahawks to an 11-5 record and went on to win NFL Rookie of the Year. - Adjusted net yards per pass attempt: 7.39 - Passer rating: 96 - Season stats: 2,210 yards, 20 touchdowns, 6 interceptions When Dan Marino was drafted by the Miami Dolphins in 1983, the NFL looked very different. Running the ball was the name of the game. The quarterback would either run the football himself at the line of scrimmage or hand it off to the running back, and the offensive linemen would claw and push the pile forward as the runner powered his legs. It was not a pretty sight. However, Marino took a different approach, throwing the ball with a unique quick release for that era. He led the Dolphins to a 9-1 record after replacing David Woodley midway through his rookie season, ending with a 12-4 record. He went on to win Rookie of the Year and was the first rookie to start a Pro Bowl. - Adjusted net yards per pass attempt: 7.47 - Passer rating: 100.8 - Season stats: 4,108 yards, 23 touchdowns, 5 interceptions When C.J. Stroud was drafted No. 2 by the Houston Texans last year, there were a lot of questions, not about his ability, but about the organization that he would be playing for. The Texans were coming off of a 3-13-1 season in 2022, finishing with the worst record in the league, and a lot of volatility in its front office. The team fired its head coach and a top executive before the draft. Weeks later, the team hired former Texans linebacker DeMeco Ryans as its next head coach. While Ryans is a defensive-minded coach, Stroud was seen as a key ingredient to the team's success since Ryans hired his coaching staff around the quarterback. Stroud led the NFL in yards and TD-to-interception ratio during his rookie season, which is an efficiency statistic considering he didn't get his first interception until his sixth regular-season game against the New Orleans Saints. While Stroud was a part of the league MVP conversation for most of the season, he didn't ultimately win the title. However, he was named 2023 NFL Offensive Rookie of the Year, and his rookie season is seen as one of the best in NFL history. - Adjusted net yards per pass attempt: 7.47 - Passer rating: 102.4 - Season stats: 3,200 yards, 20 touchdowns, 5 interceptions Leading into the 2012 draft, it wasn't a matter of whether Washington would pick a quarterback, it was a matter of who. After several seasons of mediocre quarterback play and losing seasons from the likes of Jason Campbell, Donovan McNabb, and Rex Grossman, it was time for a new face to lead the offense. At No. 2, Washington selected Robert Griffin III making him the second quarterback selected in the 2012 NFL draft behind Andrew Luck. Griffin started his rookie year campaign with one of the best performances football fans have ever seen. He completed 19 of his 26 pass attempts for 320 yards and 2 touchdowns, beating the New Orleans Saints. That game earned him the highest passer rating by a rookie ever, 158.3. He now shares that record with Kirk Cousins and Marcus Mariota. Griffin III went on to win NFL Offensive Rookie of the Year in 2012. - Adjusted net yards per pass attempt: 7.86 - Passer rating: 104.9 - Season stats: 3,667 yards, 23 touchdowns, 4 interceptions Dak Prescott is statistically the best rookie quarterback ever, racking up the best passer rating as a rookie. After losing his first game, he led the Cowboys on an 11-game winning streak. That season, he led the team to its fourth-best season ever with a 13-3 record. Prescott was the 2016 NFL Offensive Rookie of the Year and became the first NFL quarterback to be drafted in the fourth round or later to start all 16 regular season games. Data reporting by Karim Noorani. Story editing by Shanna Kelly. Additional editing by Kelly Glass. Copy editing by Robert Wickwire. Photo selection by Clarese Moller. This story originally appeared on ATS.io and was produced and distributed in partnership with Stacker Studio. Get local news delivered to your inbox!
Geordie Shore star Charlotte Crosby said she has been admitted to hospital but her baby is “all fine” after masked men attempted to rob her home this week. Her fiance Jake Ankers announced on social media that a group of men carrying a machete entered their home on Thursday evening while they were in the house with their two-year-old daughter. Advertisement Crosby, who is nearly eight months pregnant, thanked those who have sent their support to the couple in an Instagram Story post on Saturday. Charlotte Crosby (Owen Humphreys/PA) The reality TV star, 34, wrote: “I’m typing this I’m laid in hospital. Baby is all fine, thank you for all the messages!” Advertisement She added: “This month has had misfortune after misfortune. I want to thank you all for your kind messages about the break-in the other night. “Still something I’m really struggling to come to terms with.” Ankers also posted a photo of Crosby lying in a hospital bed to his Instagram Story, saying she had been “rushed in to hospital” as the TV star had been experiencing “serious pains in her stomach”. The businessman thanked their followers for reaching out and their local community for being “fantastic” since the burglary attempt. Advertisement Ankers, who appeared with the reality star on BBC Three reality show Charlotte In Sunderland, previously said the thieves “tried to rob my house with my two-year-old and my partner who is nearly eight months pregnant, armed with a machete”. He said one of the four men “had a red balaclava on” and was carrying the weapon at the top of the stairs. Charlotte Crosby and Jake Ankers (Doug Peters/Alamy/PA) Advertisement Durham Constabulary were alerted at 7pm on Thursday to reports of an aggravated burglary in Houghton-le-Spring, a town in the Sunderland area. A spokeswoman for the force said: “Officers attended the area however the suspects left the scene before their arrival. “Nobody was injured in the incident and no items are believed to have been taken.” She added that an investigation is under way and anyone with information is asked to contact police. Advertisement Crosby is best known for appearing in the MTV reality series Geordie Shore and winning the 12th series of Celebrity Big Brother in 2013. She and Ankers got engaged in October 2023 after she gave birth to their first child in 2022.AP Sports SummaryBrief at 5:52 p.m. ESTGiants topple Colts 45-33 to eliminate Indy from the playoff race
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NEW YORK , Dec. 2, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global household cleaning products market size is estimated to grow by USD 16.60 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.87% during the forecast period. Product innovation and portfolio extension is driving market growth, with a trend towards growing demand for premium products. However, balancing production cost, price, and quality of products poses a challenge. Key market players include 3M Co., Bombril SA, Church and Dwight Co. Inc., Dropps, Earth Friendly Products, Godrej Consumer Products Ltd., Henkel AG and Co. KGaA, Kao Corp., Kimberly Clark Corp., McBride Plc, Reckitt Benckiser Group Plc, RSPL Ltd., S.C. Johnson and Son Inc., Saraya Goodmaid Sdn. Bhd., Star Brands Ltd, The Clorox Co., The Procter and Gamble Co., Unilever PLC, Wipro Ltd., and Zep Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Market Driver The premium household cleaning products market in developed economies, including the US, UK, Canada , and Japan , is thriving due to consumer preference for convenience, better packaging, and high-performance items. Vendors capitalize on this trend by pricing these products higher. Key attributes include fragrance, natural ingredients, and eco-friendly packaging. Products like Bar Keepers Friend's Cleanser and Polish, Dishwashing Liquids, and Surface Cleaners are popular. The market is driven by demand for Laundry Detergents, Disinfectants, and Home Hygiene Products. Sustainability is a focus with renewable, biodegradable, and recyclable materials. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The household cleaning products market is expanding, with manufacturers introducing new items to gain a competitive edge. However, adhering to labeling, packaging, and quality standards while minimizing production costs is a challenge. Factors like procurement, raw materials, logistics, and labor costs are rising. Key players like Unilever and Procter & Gamble address environmental concerns, harsh chemicals, and consumer needs through product innovation, pricing, and sustainability in segments like laundry detergent, surface cleaners, and toilet cleansers. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This household cleaning products market report extensively covers market segmentation by 1.1 Surface cleaners 1.2 Dishwashing products 1.3 Toilet cleaners 1.4 Other cleaning agents 2.1 Offline 2.2 Online 3.1 APAC 3.2 North America 3.3 Europe 3.4 South America 3.5 Middle East and Africa 1.1 Surface cleaners- The Household Cleaning Products Market is experiencing significant growth, particularly in developing regions such as South America and APAC, driven by increasing per capita consumption and changing lifestyles. However, environmental concerns over harsh chemical products and hours spent cleaning have led to a shift towards more eco-friendly and convenient solutions. The laundry detergent segment, which includes clean clothes and stain removal, is a major contributor to household spending. However, concerns over fossil fuel ingredients and the availability of cheap substitutes, such as laundry bars, have prompted strategic launches of innovative, branded products. Surface cleaners, including disinfectant cleaners, multi-purpose cleaners, lavatory cleaners, and specialty cleaners, are in high demand due to hygiene and health issues, such as diarrhea. Reckitt Benckiser Group, a leading player, offers variations in fragrances and packaging to cater to changing consumer preferences. Dishwashing products and toilet cleansers also witness high demand due to personal hygiene and sanitation needs. Product innovation, price-sensitivity, and the availability of solid abrasive particles and thickened liquid matrices have led to the use of trigger sprays, aerosol cans, and pump-actuated bottles in household cleaners. The market for household cleaners continues to evolve, with a focus on hygienic lifestyles and the use of glass, mirrored, stainless, and wood surfaces. Quality and packaging remain key factors in consumer decision-making. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The Household Cleaning Products Market encompasses a range of essential items for maintaining optimal home hygiene and well-being. These products include surface cleansers, disinfectants, bathroom cleaners, toilet cleaners, floor cleaners, and air care solutions. Amidst the ongoing health concerns, there has been a significant increase in demand for disinfection goods, such as sanitizers and antimicrobial agents. Consumers are increasingly seeking out household cleaners that offer variations in fragrances, disinfecting, and deodorizing capabilities. Product visibility and supply deficits have led to innovations in packaging formats, such as automatic scrubbers, spray bottles, and bucket systems. Laundry Detergents, Surface Cleaners, and Dishwashing Products are key categories within this market. As consumers prioritize health issues, there is a growing emphasis on the importance of proper hygiene and the role these products play in preventing health issues like diarrhea. In conclusion, the Household Cleaning Products Market continues to evolve, catering to consumers' needs for effective, convenient, and eco-friendly solutions for maintaining a clean, healthy, and well-maintained home environment. Market Research Overview The Household Cleaning Products market is a significant sector, encompassing a variety of items used to maintain clean and hygienic environments in homes. These products include surfactants, cleansers, disinfectants, and fragrances. Producers of these items employ various production processes, such as saponification and dispersion. Household cleaning products come in various forms, like liquids, powders, and sprays. Brands offer a range of cleansers for different areas of the home, such as bathrooms, kitchens, and living spaces. Some products are designed for specific tasks, like stain removal or glass cleaning. Producers also prioritize eco-friendliness and sustainability in their offerings, with biodegradable and recyclable packaging becoming increasingly common. The market for household cleaning products is driven by factors like population growth, urbanization, and changing consumer preferences. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Product Surface Cleaners Dishwashing Products Toilet Cleaners Other Cleaning Agents Distribution Channel Offline Online Geography APAC North America Europe South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio
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: All records related to interception, including the orders and the intercepted messages, must be securely and “with extreme secrecy” destroyed by the government’s review committee, as well as the authorising entities — Union or state home secretary — and law enforcement agencies, every six months, according to the new interception rules notified by the Centre, with experts raising questions about accountability and transparency. The Telecommunications (Procedures and Safeguards for Lawful Interception of Messages) Rules, 2024 — which replace Rule 419 and 419A of the Telegraph Rules, 1951 — were brought into effect by the department of telecommunications (DoT) on Friday. The draft rules were released for public consultation on August 29. They have been issued under the Telecommunications Act, 2023, which allows the Centre to specify one or more agencies to intercept messages for five reasons — in the interest of sovereignty and integrity of India, defence and security of the state, friendly relations with foreign states, public order, and preventing incitement to the commission of any offence. “While under the earlier rule, one could still hope to get some information about the interception orders by filing RTIs related to the Review Committee, that is also now gone. It will be as if the interception never existed. Where is then the scope for oversight and accountability?” Namrata Maheshwari, senior policy counsel and encryption policy lead at Access Now, said. Under the new rules, even findings of the review committee, which is responsible for assessing the legality of the interception orders, will need to be destroyed. This review committeeis empowered to set aside non-compliant interception orders. Interception records that law enforcement agencies are required to maintain include details of the intercepted messages, person whose messages have been intercepted, officer or agency to whom the message has been disclosed, number of copies of message made, date of destruction of copies, and duration for which the interception order was in force. The composition of the review committees that must confirm the interception orders at central and state level also remains the same. For Maheshwari, this is a problem as this means the review committee is not independent from the executive. “Independent judicial oversight or parliamentary oversight over surveillance orders, as in many other regions, should be the norm,” she added. DoT and the telecommunication entity must also destroy records within two months of discontinuation of interception, as is the case now and was reiterated in the draft rules. According to the rules, the interception order must specify: the authorised agency that will intercept; and one or more of the five reasons for which interception can be ordered and will limit use of intercepted messages to these reasons only. Unless revoked earlier, the order will remain in force for a maximum of 60 days but can be renewed. No order can remain in force for more than 180 days. Interception orders cannot be passed if the information can be acquired through “other reasonable means”, the rules say. An interception order can be issued by the Union or state home secretary. In “unavoidable circumstances”, a duly authorised joint secretary-level officer may issue the order. Lower threshold for orders The notified rules lower the threshold for circumstances where officers other than the Union or state home secretary, or the joint secretary-level officer, can issue interception orders. Earlier, in “emergent cases in remote areas” or “for operational reasons” when it was not feasible for the home secretaries to issue the order, the head or second senior-most officer of an authorised law enforcement or security agency, not below the rank of inspector general of police, could issue the order. Now, an officer not below the rank of an IGP at state level, or the head or second senior-most officer of an authorised agency at the Central level, in “remote areas or for operational reasons” can issue an interception order. By removing the requirement for “emergent cases”, the threshold is lowered. What constitutes an “emergent case” depends on the interpretation of the executive, Nikhil Narendran, partner at Trilegal, said, adding: “Public emergency could be one standard.” These orders will need to be confirmed by the home secretary (union or state) within seven working days from the date of issue. If not confirmed, the interception must immediately stop, the intercepted messages cannot be used for any purpose, including as evidence in court, and copies must be destroyed within two days. “There is no judicial remedy spelt out for persons affected by the orders that were not confirmed by the home secretary,” Maheshwari said. “So it is possible that an interception takes place, is then halted, and the persons affected never find out. Notice and intimation, as feasible under different circumstances, and judicial remedy are key to any surveillance framework in a democracy.” All interception orders must be sent to the relevant review committee within seven working days of being issued or confirmed. The notified rules exclude demonstration and testing of lawful interception systems and monitoring facilities that telecom entities might be required to put in place by the government, a departure from Rule 419A. The provision to fine or suspend/revoke the licence of service providers for not maintaining secrecy and confidentiality of such orders or for unauthorised interception has been removed in the notified rules. Telecom entities will now be responsible for the actions of both their employees and their vendors that result in any unauthorised interceptions. Ambiguity over entities covered As is the case with the parent act, it is not clear whether telecommunication services, and thus telecom entities, include online communication services such as WhatsApp, Signal, FaceTime, and potentially even email services such as Gmail and Outlook. While the then communications minister Ashwini Vaishnaw, after the bill was passed in Parliament in December 2023, had said that online communication services are not included within the ambit of the Act, he did not make this statement on the floor of either house, and the definitions within the act remain ambiguous enough to allow for the regulation of such services. In case of end-to-end encrypted services such as WhatsApp and Signal, the act and the interception rules thus have significant implications. “While the minister had publicly stated that OTT services would not fall within the purview of the Act, this statement is not legally binding, and the definition of telecom services in the Act is broad enough to facilitate a range of interpretations,” Maheshwari said. This ambiguity has been a significant point of confusion, so much so that in the TRAI open house discussion on how authorisations (the regime that replaces the extant system of granting licenses to telecom entities) should work, telcos like Jio and Airtel repeatedly disagreed with associations like Broadband India Forum that represent the technology companies on whether or not services such as WhatsApp need specific authorisations from the government to operate in India. The notified rules also empower the government to exempt certain telecom entities from needing to comply with obligations related to interception. “The scope of this remains unclear. How will the government exercise this exemption? Will it be determined by size of the entity? Their technical ability? This needs to be clearly defined for predictability which is expected from every policy,” Maheshwari said. How will an interception ordered Once the home secretary (or other authorised officers) issues an interception order, it will be sent to the authorised agency (the law enforcement agency doing the interception). The authorised agency will send the order either “in writing or using other secure mode of communication” determined by the central government to the DoT or the telecom entity. Orders can be physically delivered only by officers who are at least sub-inspectors. The DoT or the telecom entity must acknowledge receipt of an interception order within 2 hours. The rules require confidentiality, “extreme secrecy”, and “utmost care and precaution” to be maintained by the law enforcement agency, the DoT, and the telecom entity while dealing with interception orders. Only authorised nodal officers in each of these entities are allowed to handle any matters related to interception. The authorised agency must appoint two nodal officers, at least at the rank of superintendent of police, to send the order to the nodal officer of the DoT (two such officers in every service area) or the telecom entity (like an Airtel or a Jio). Each telecom entity is required to notify the central government of the details of two senior employees in every service area of its operation who will act as nodal officers to implement the interception orders, a requirement that Maheshwari says might prove to be too onerous for smaller entities. The notified rules require the nodal officers in DoT and the telecom entity to submit fortnightly reports on the first and sixteenth of each month. These reports must have a list of interception orders received, reference number, date of issuance or confirmation, date and time or receipt of orders, and date and time of implementation of orders.Landfills in Colorado release millions of metric tons of greenhouse gasses each year as organic waste including food, paper and yard trimmings decomposes into the soil, contributing to global warming and harming human health. Colorado, as part of its multi-pronged approach to eliminate 90% of the state’s greenhouse gas emissions by 2050, is planning to address those landfill emissions next year with rules that could require operators to install new equipment to curb the amount of methane they release and to increase monitoring technology to better track just how much is being generated. The state’s is expected to create the new rules in August, which would place Colorado among the nation’s first states to enact more stringent regulations on landfills than the . The state kicked off its efforts last week with the first of three public hearings to explain why environmental leaders want to regulate landfill emissions of methane, a far more potent pollutant than carbon dioxide, and how they would propose doing so. Along with reducing air pollution, the methane reduction also would benefit communities in Colorado that live near landfills, where residents often are Latino, Black or Indigenous and earn less money than the average household. Finally, reducing methane would also , which is in severe violation of federal ozone standards. “Methane is an incredibly potent climate pollutant and reducing methane emissions from landfills is a very cost-effective climate action solution,” said Suzanne Jones, executive director of , a nonprofit recycler in Boulder. “And it’s an opportunity for Colorado to use its expertise on methane monitoring of oil and gas operations to apply to landfills as a model for the rest of the country.” There are 51 active landfills in Colorado, and some are owned and operated by cities and counties, while others are owned by private companies. It’s unclear how many will be impacted by the new methane reduction regulations, since regulators have not finalized their proposal that would determine how big of a polluter a landfill would need to be to fall under the new rules. Landfills are the third-largest source of methane emissions behind oil and gas production and livestock farming in the United States. Colorado’s landfills released 1.45 million metric tons of greenhouse gases in 2020, the most current data available from the . That’s 1% of all the greenhouse gas emissions in the state, Tim Taylor, a supervisor in the department’s climate change program, said during last week’s public hearing. However, environmentalists and even federal and state regulators believe the amount of methane leaking from landfills could be much greater. In June, using satellite data estimated that landfills in the U.S. are releasing 50% more methane than the EPA reports, and a subset of 70 high-emitting landfills found emissions were 77% higher on median than what was reported to the EPA. Only 21 of Colorado’s landfills are large enough to report their methane emissions to the EPA under current regulations, but they account for 76% of the industrial methane sources in the state, ahead of mining, manufacturing and food processing, according to a report released this month by and , a coalition of health care professionals fighting climate change. Landfills are “living masses of waste” where food scraps, discarded paper products and landscaping material break down over the years and release methane along with other chemicals such as benzene and toluene, said Katherine Blauvelt, circular economy director at Industrious Labs, a group focused on reducing industry’s impact on climate change. “Colorado landfills are responsible for the equivalent of 1 million cars on the road,” Blauvelt said. “Every little bit of methane you don’t put in the atmosphere has a positive impact. The way you do that is through basic regulations. In Colorado, it’s like we are on Windows 2000 technology.” The EPA already requires larger landfills to control and report emissions, but Colorado is planning to expand those requirements to smaller landfills, increasing the number that will be regulated, Taylor said. Under the EPA’s requirements, landfills are regulated based on their designed capacity, but Colorado will order landfills to follow the new rules based on the amount of waste they already have in place, he said. Landfills that fall under the threshold Colorado sets will be required to install gas collection and control systems to capture the methane, Taylor said. Then the operator would have choices: Install an enclosed combustion flare so methane is burned off and turned into carbon dioxide, which is a less potent pollutant, or convert the methane into a natural gas that can be used in the electrical grid, Taylor said. The state also is considering a requirement for landfills to use biofilters or biocovers to reduce methane emissions. “Biocovers and biofilters are passive methods for reducing landfill emissions because they rely on naturally occurring microbes or methane-eating bacteria to convert methane to carbon dioxide or water without the need for any external energy input or active intervention,” Taylor said. Environmentalists also are pushing the state for more monitoring of landfills, including the use of drones and satellite imagery to better detect leaks that otherwise might be unseen because of looser monitoring requirements. Employees at landfills that already monitor emissions do so once a quarter by walking the property with detection devices, Blauvelt said. Air flights conducted to look for methane leaks from the sky have detected unreported plumes at multiple Colorado landfills, including the Tower Landfill in Commerce City, the Larimer County Landfill in Fort Collins and the North Weld Landfill in Ault, according to the Industrious Labs report. At the Tower Landfill, there were nine large methane plumes detected by flights in September 2023 and August 2024. Those plumes were so large that they would have been considered super emitters by the EPA’s standards for the oil and gas industry, the report said. The landfill, which is owned and operated by , detected more than 20 instances that went over federal limits for methane emissions during a quarterly inspection in August. But “a landfill can leak methane more than quarterly,” the report said. Colorado received a federal grant for aerial monitoring of methane emissions in the state and environmentalists hope it will be applied to regulating landfills, Blauvelt said. “This is about common sense improvements based on what we know about methane,” she said. Melissa Quillard, a Republic Services spokeswoman, said the August 2024 plume at Tower Landfill happened as the company was constructing a new landfill cell and had multiple pieces of excavation equipment running. That work temporarily exposed waste so that engineered liners and additional infrastructure could be installed, she said. Quillard’s email did not address the September 2023 plume. While Republic Services does not comment on pending rule changes, Quillard noted that gas coming from landfills fluctuates throughout the day based on the age and composition of waste, weather, construction and how the trash is being moved around the landfill. Any monitoring and reporting techniques would need to take into account those dynamics, she said in a statement emailed to The Denver Post. Satellites and drones capture a moment in time and do not follow the EPA’s existing reporting model or provide a representative assessment of a landfill’s overall emissions, she said. Republic Services owns three landfills in metro Denver, and the company is building a new organic waste facility in the area. Two of the local sites are in the early stages of developing projects that will convert methane to usable natural gas. And the company already uses capture-and-control systems to burn off methane, Quillard said. One thing that will not be addressed as the landfill methane emissions rule is created is how to lower the amount of waste sent to landfills through expanded composting and recycling. That’s because this rule will be created by the Air Quality Control Commission, a body that can only set air pollution policies. Brian Loma, the hazardous waste reduction advocate for , hopes the state health department’s will push for improved composting and recycling at the same time the air quality commission takes up proposed methane rules. GreenLatinos supports more regulation of landfills because so many Latinos live within a mile of trash dumps, forcing them to breathe dirtier air. “The No. 1 way to reduce methane emissions is to not put organic material in the landfill,” Loma said. Two more public hearings about Colorado’s proposed rules to reduce methane emissions from landfills are scheduled in early 2025. They are set for 11 a.m. to 1 p.m. Jan. 11 and 6 to 8 p.m. Feb. 26, and will be held on Zoom. To register to attend or comment on the rules, visit .
VenHub Global, Inc. is an emerging AI and robotics technology company that has developed a 24/7 fully-autonomous retail Smart Store, headquartered in Pasadena, CA, and has amassed a robust pre-order backlog of 1,000+ stores with potential revenue of more than $300 million 1 VenHub’s innovative solution offers low building and operating costs and advanced security features, empowering store owners to deliver a seamless customer experience VenHub’s proprietary robotic arms technology and cutting-edge vision system ensures precise product delivery, while its AI-driven platform is expected to optimize store operations VenHub intends to build strategic partnerships, diversify product offerings, and advance its technology for future growth The proposed business combination with Target Global Acquisition I Corp. values VenHub at a pro forma enterprise value of $715 million 1 and is targeted to close in Q2 2025 PASADENA, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- via IBN – VenHub, a disruptive AI and robotics company (“VenHub” or the “Company”), and Target Global Acquisition I Corp. (NASDAQ: TGAA) (“TGAA”), a NASDAQ-listed special purpose acquisition company, today announced they have entered into a definitive business combination agreement, dated as of December 2, 2024 (the “Business Combination Agreement”). The proposed business combination (the “Proposed Business Combination”) is expected to be completed (the “Closing”) in the second quarter of 2025, subject to customary closing conditions, including regulatory and shareholder approvals. The combined company will operate as VenHub Global Holdings, Inc. following the Closing and is expected to list on Nasdaq under the ticker symbol “VHUB”. As one of the leading providers of a 24/7 autonomous smart store, VenHub has introduced and developed a solution with the potential to transform how consumers interact with technology in retail environments. Powered by proprietary software and unique robotics arms technology, VenHub’s product offering can provide a seamless customer experience. Manufactured by a leader in the global robotics industry, the innovative robotic arms technology can differentiate VenHub from traditional retail solutions and well-positions the Company in the automated retail space. Additionally, VenHub’s cutting edge vision system adds precision and reliability to its product offering, and the efficiency and security of the Smart Stores are enabled by VenHub’s intellectual property portfolio. Founded in 2023, VenHub is addressing challenges facing traditional retail stores, including inefficient inventory management, limited hours, high labor costs, and security concerns. The Smart Stores are designed to utilize data-driven inventory management, a self-service delivery system, and advanced security protection, all of which reduce labor costs and collectively enhance sales and growth potential. Through these potential competitive advantages, VenHub has secured over 1,000 customer pre-orders across 48 states, with potential revenue of more than $300 million 1 in pre-order value. This pre-order book demonstrates market confidence in VenHub’s smart store technology. VenHub’s growth strategy focuses on geographic and store format expansion to meet the growing demand for autonomous retail solutions, as well as product diversification to enhance VenHub’s market presence and operational efficiency. The Company’s CapEx-light business model has the potential to create value for stakeholders, and its diversified business model with potential for recurring revenue can allow VenHub to achieve its expansion plan. Key Investment Highlights Disruptive AI & Robotics Technology – innovative product with potential to revolutionize consumer behavior. Sizeable Total Addressable Market – over $2 trillion 1 end-market across convenience stores, traditional retail, and gas stations, which is global in nature. Large Pre-order Book with Deliveries Beginning this Year – over $300M 2 in potential revenue from customer pre-orders with production beginning in Q4 2024 and targeted delivery of the first Smart Stores in Q1 2025. Attractive Financial Profile – unit level economics driven by immediate positive gross profit and EBITDA margins. Leadership Expertise – accomplished management team with strong automation, logistics, supply chain, robotics, and retail experience. Management Commentary Shahan Ohanessian, Chief Executive Officer of VenHub, commented : “This is day one for VenHub on a larger stage,” Shahan Ohanessian, CEO of VenHub, remarked. “We’re at the starting line of what I believe will be a remarkable journey, turning our vision into reality and expanding our reach on a global scale. We're not just joining the market; we're aiming to pioneer a new frontier in smart retail that enhances how businesses and consumers connect.” Mike Minnick, Chief Executive Officer of TGAA, added : “We are excited to partner with Shahan and the VenHub team. VenHub’s efficient, capital-light business model, combined with strong near-term projected positive cash flow generation, positions the Company for sustainable growth. This approach enables strategic expansion into multiple geographic markets while leveraging internally generated cash flow and maintaining disciplined resource allocation.” Proposed Business Combination Overview The Proposed Business Combination implies a pro forma enterprise value of $715 million, which assumes an estimated equity value of $650 million, $26 million in new cash to the balance sheet (assuming 100% redemptions by TGAA public shareholders), and $0.6 million in existing cash. The Proposed Business Combination is expected to provide net cash to VenHub of up to $14 million to support VenHub’s continued geographic expansion and product diversification. Cash proceeds raised will consist of TGAA’s approximately $20.4 million cash in trust, net of redemptions. The cash in the TGAA trust account is anticipated to support the Company’s growth capital needs, including VenHub’s production, marketing and sales efforts. It is intended that 100% of existing VenHub stockholders will roll over their equity and, assuming no redemptions and full rollover, own approximately 89% of the pro forma equity of the combined company in connection with the transaction. The Proposed Business Combination has been approved by the boards of directors of both VenHub and TGAA and is expected to close in the second quarter of 2025, subject to shareholder approvals and other customary closing conditions. For a summary of the material terms of the Proposed Business Combination, as well as a supplemental investor presentation, please see the Current Report on Form 8-K filed today by TGAA with the U.S. Securities and Exchange Commission (the “SEC”). Additional information about the Proposed Business Combination will be described in TGAA’s proxy statement relating to the Proposed Business Combination, which it will file with the SEC. Advisors Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, is serving as the exclusive financial advisor, capital markets advisor and placement agent to VenHub. Smith Eilers PLLC is serving as legal counsel to VenHub. Orrick, Herrington & Sutcliffe LLP is serving as legal counsel to TGAA. Travers Thorp Alberga is serving as legal counsel to TGAA with respect to Cayman Islands law. About VenHub VenHub Global, Inc., f/k/a Autonomous Solutions, Inc., a Delaware corporation, is reshaping the retail industry with its groundbreaking autonomous and robotic-operated Smart Stores. Leveraging advanced AI and smart inventory management systems, VenHub offers a seamless shopping experience that operates 24/7. This approach not only increases revenue but also significantly reduces operational costs compared to traditional retail setups. VenHub’s modular design allows for quick installation and easy customization to meet a wide range of consumer needs. The company operates across three main retail formats: fixed Smart Stores for permanent locations, mobile Smart Stores for flexibility and broader accessibility, and innovative solutions that upgrade existing retail spaces and shopping centers into advanced Smart Shopping environments. With its forward-thinking strategy, VenHub is poised to transform the retail landscape, providing an efficient and accessible shopping experience that anticipates the future of commerce. About Target Global Acquisition I Corp. TGAA Acquisition I Corp. is a blank check company incorporated as a Cayman Island exempted company and formed for the purpose of effecting a merger, share, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. TGAA’s units, Class A ordinary shares and warrants trade on the Nasdaq under the ticker symbols “TGAAU,” “TGAA,” and “TGAAW” respectively. Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. TGAA’s and VenHub’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, TGAA’s and VenHub’s expectations with respect to future performance and anticipated financial impacts of the Proposed Business Combination, the satisfaction of the closing conditions to the Proposed Business Combination and the timing of the completion of the Proposed Business Combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside TGAA’s and VenHub’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement, (2) the outcome of any legal proceedings that may be instituted against TGAA and VenHub following the announcement of the Business Combination Agreement and the transactions contemplated therein; (3) the inability to complete the Proposed Business Combination, including due to failure to obtain approval of the shareholders of TGAA or other conditions to closing in the Business Combination Agreement; (4) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement or could otherwise cause the Proposed Business Combination to fail to close; (5) the amount of redemption requests made by TGAA’s shareholders; (6) the inability to obtain or maintain the listing of the post-business combination company’s common stock on the Nasdaq Stock Market LLC following the Proposed Business Combination; (7) the risk that the Proposed Business Combination disrupts current plans and operations as a result of the announcement and consummation of the Proposed Business Combination; (8) the ability to recognize the anticipated benefits of the Proposed Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably and retain its key employees; (9) costs related to the Proposed Business Combination; (10) changes in applicable laws or regulations; (11) the possibility that VenHub or the combined company may be adversely affected by other economic, business, and/or competitive factors; and (12) other risks and uncertainties indicated from time to time in the proxy statement relating to the Proposed Business Combination, including those under “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” which will be set forth in a Registration Statement on Form S-4 (the “Registration Statement”) to be filed by TGAA and the Company and in TGAA’s other filings with the SEC. Some of these risks and uncertainties may be amplified by future events and there may be additional risks that we consider immaterial or which are unknown. It is not possible to predict or identify all such risks. TGAA cautions that the foregoing list of factors is not exclusive. TGAA cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date they are made. TGAA does not undertake or accept any obligation or undertaking to update or revise any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based . Additional Information and Where to Find It This press release relates to a proposed transaction between the Company and TGAA. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act. TGAA and the Company intend to file a registration statement on Form S-4 that will include a proxy statement/prospectus of TGAA. The proxy statement/prospectus will be sent to all TGAA shareholders. TGAA also will file other documents regarding the proposed transaction with the SEC. Before making any voting decision, investors and security holders of TGAA are urged to read the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction. Investors and security holders will be able to obtain free copies of the registration statement and all other relevant documents filed or that will be filed with the SEC by TGAA through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by TGAA may be obtained free of charge from TGAA’s website at https://tgacquisition1.com/ or by written request to TGAA at: Target Global Acquisition I Corp., PO Box 10176, Governor’s Square 23, Lime Tree Bay Avenue, Grand Cayman KY1-1102, Cayman Islands. Participants in the Solicitation TGAA and the Company and their respective directors and officers may be deemed to be participants in the solicitation of proxies from TGAA’s shareholders in connection with the proposed transaction. Information about TGAA’s directors and executive officers and their ownership of TGAA’s securities is set forth in TGAA’s filings with the SEC. Additional information regarding the interests of those persons and other persons who may be deemed participants in the proposed transaction may be obtained by reading the proxy statement/prospectus regarding the proposed transaction when it becomes available. You may obtain free copies of these documents as described in the preceding paragraph. No Offer or Solicitation This press release is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security of TGAA, VenHub or any of their respective affiliates. No such offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or an exemption therefrom. The contents of this press release have not been reviewed by any regulatory authority in any jurisdiction. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. Investor Relations Contact IR@VenHub.com 888-585-4999 Wire Service Contact : IBN Los Angeles, California www.InvestorBrandNetwork.com 310.299.1717 Office Editor@InvestorBrandNetwork.com 1 Grand View Research, “GVR Report cover Convenience Stores Market Size, Share & Trends Analysis Report By Type (Cigarettes & Tobacco, Foodservice, Packaged Beverages, Center Store, Low Alcoholic Beverages), By Region, And Segment Forecasts, 2022 – 2028”, May 2022 2 Based on management estimates. As of September 30, 2024.
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Oportun Financial Co. ( NASDAQ:OPRT – Get Free Report ) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 108,700 shares, an increase of 28.9% from the November 30th total of 84,300 shares. Based on an average daily volume of 153,200 shares, the days-to-cover ratio is presently 0.7 days. Wall Street Analysts Forecast Growth Separately, Singular Research upgraded Oportun Financial to a “strong-buy” rating in a research note on Friday, September 20th. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $5.50. Read Our Latest Analysis on OPRT Oportun Financial Stock Down 4.2 % Insider Transactions at Oportun Financial In other news, insider Patrick Kirscht sold 8,403 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $3.80, for a total value of $31,931.40. Following the transaction, the insider now owns 333,360 shares in the company, valued at approximately $1,266,768. This represents a 2.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link . Also, Director Mohit Daswani purchased 7,420 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were purchased at an average price of $3.90 per share, for a total transaction of $28,938.00. Following the acquisition, the director now owns 41,924 shares of the company’s stock, valued at approximately $163,503.60. The trade was a 21.50 % increase in their ownership of the stock. The disclosure for this purchase can be found here . Insiders have purchased a total of 41,264 shares of company stock valued at $159,826 in the last ninety days. 9.30% of the stock is currently owned by corporate insiders. Institutional Investors Weigh In On Oportun Financial A number of large investors have recently added to or reduced their stakes in OPRT. Empowered Funds LLC boosted its stake in shares of Oportun Financial by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 110,620 shares of the company’s stock worth $311,000 after buying an additional 5,628 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Oportun Financial by 4.9% in the third quarter. Geode Capital Management LLC now owns 311,450 shares of the company’s stock valued at $875,000 after acquiring an additional 14,683 shares during the period. SkyView Investment Advisors LLC grew its stake in shares of Oportun Financial by 28.6% during the 2nd quarter. SkyView Investment Advisors LLC now owns 67,500 shares of the company’s stock valued at $196,000 after purchasing an additional 15,000 shares during the period. Flaharty Asset Management LLC increased its position in shares of Oportun Financial by 75.0% during the 2nd quarter. Flaharty Asset Management LLC now owns 35,000 shares of the company’s stock valued at $102,000 after purchasing an additional 15,000 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Oportun Financial in the 3rd quarter worth approximately $52,000. Institutional investors own 82.70% of the company’s stock. About Oportun Financial ( Get Free Report ) Oportun Financial Corporation provides financial services. The company offers personal loans and credit cards. It serves customers through online and over the phone, as well as through retail and Lending as a Service partner locations. The company was founded in 2005 and is headquartered in San Carlos, California. See Also Receive News & Ratings for Oportun Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oportun Financial and related companies with MarketBeat.com's FREE daily email newsletter .ISRO's Cutting-Edge POEM-4 Mission: Space Experiments Ready for LaunchFrom KC-97 To KC-46: A Brief History Of US Air Force Tankers
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South Korea's Political Turmoil: Constitutional Court to Review Yoon's ImpeachmentCentral wide receiver Kylen Thomas (4) is dragged down by a West Ouachita defender in the second quarter of the Division I non select regional game on Friday, November 22, 2024 in Central, Louisiana. Facebook Twitter WhatsApp SMS Email Print Copy article link Save There is a lot to unpack along with the Thanksgiving turkey and all the other holiday trappings. Though this is not the state’s largest contingent, what lies ahead for Baton Rouge teams in the LHSAA’s football quarterfinal round is eye-catching. You’ve got shadows from playoff seasons past, one all-local game and some impressive first-time matchups. Here are some observations about the games involving BR's nine teams that advanced with regional wins either Thursday or Friday. Pick a game and make plans buy tickets now. New foe for Rebels Seems like somebody from Baton Rouge always ends up playing West Monroe in the post season. Zachary has played the Rebels multiple times, including a 2018 title game. Catholic High, too, over the years. Now it’s Central’s turn, but there is a twist. The fourth-seeded Wildcats (10-1) have the upper hand in seeding. West Monroe (7-5), a No. 21 seed, has taken a few lumps this season and travels to Central. Which adds to the intrigue. We meet again I Fourth-seeded Catholic (10-0) and No. 5 Rummel (9-2) have met plenty of times in the postseason. One I remember is the 2019 Division I final played at Tulane. The Raiders beat the Bears 14-10 in that one. Last year they met in the semifinals. Both teams have claimed LHSAA titles in recent years but the route to the Caesars Superdome is different this time. It’s the quarterfinals this time and the winner will likely match up with top-seeded Karr in the semifinals. Should be a great test for both teams. We meet again II Kentwood and Southern Lab have been Class 1A rivals and district rivals for a long time. The 12th-seeded Kangaroos lost to Southern Lab 13-8 in Baton Rouge in District 9-1A action back in Week 8. The No. 13 Kittens are the defending Division IV select champions. This is Kentwood’s first year as a select school. And this game will be played in Kentwood. It’s 70805 time Two north Baton Rouge teams from the same zip code, No. 13 Istrouma (9-3) and No. 5 Madison Prep (8-3), meet in a Division II select game at Olympia Stadium. This is the first time the football teams have met on the varsity level. Madison Prep is a Class 4A team, while MPA is 3A. So there is not much common ground. One thing both teams have is a playmaker at running back. Istrouma’s Kyree Paul ran 120 yards and two touchdowns in Thursday’s win over Haynes Academy. Madison Prep’s Alfred McKnight rushed for 180 yards and two TDs. We needed this I’ve mentioned rivalries or matchups we never knew we needed or wanted. It applies again this week with The Dunham School (11-0), the top seed in Division III select, hosting No. 9 Lafayette Christian (6-6). Most recently, Lafayette Christian flexed its muscles in Class 4A and Division II. Like West Monroe, LCA has taken some lumps this season. LCA graduated record-setting QB JuJuan Johnson, who is now at LSU playing another position. Dunham has the nation’s No. 1 2027 prospect in its QB Elijan Haven. The same is true for No. 7 Riverside (9-2) at second-seeded Ascension Catholic in Division IV select. Both teams have dynamic running backs — Dedric Lastie for Riverside and ACHS’ Chad Elzy Jr. And ditto that for Division II nonselect Opelousas and Plaquemine. The sixth-seeded Green Devils (11-1) have Tyrese Mosby, while No. 14 Opelousas (8-3) counters with D’Shaun Ford, who has multiple Power 5 offers. Finally, top-seeded St. James (8-2) hosts No. 9 Pine (9-3) in Division III nonselect. Not much common ground here, so it will be uncharted territory for SJHS.
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