Minor planet

SunCar Technology Reports 29% Revenue Growth, Including 79% Increase in Auto e-Insurance Business in FY 2023

Retrieved on: 
Monday, April 29, 2024
Agricultural Bank, China CITIC Bank, City, Minor planet, NIO, Yoy, Insurance, Bank of Communications, API, CMBC, TSLA, EV, BIDU, Bank, NEV, XPEV, GAAP, Growth, BYD, Cryptocurrency

NEW YORK, April 29, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, today provided a business update and reported financial results for the year ended December 31, 2023.

Key Points: 
  • Our auto service segment reported revenue of $215 million in fiscal year 2023, an increase of 8% from $199 million in fiscal year 2022.
  • This segment is enabled by SunCar's technology platform, which facilitates auto services, such as car wash, maintenance, driving service, and road assistance.
  • Our auto eInsurance segment generated $118 million in fiscal year 2023, a 75% increase over fiscal year 2022.
  • Our technology service business generated revenues of $31 million for the year ended December 31, 2023, a 98% increase over 2022.

Gateway Celebrity Fight Night Celebrates 30th Anniversary Benefitting Early-Phase Cancer Research, Raising More Than $3 Million

Retrieved on: 
Tuesday, April 30, 2024
Emerald, Rhea, Neuro-Oncology (journal), FDA, University, Cancer, Minor planet, GRAMMY, Dallas Cowboys, Grammy Awards, Research, Life, Glioblastoma, NSYNC, Disease, Barrow Neurological Institute, Family, Mental health, Patient, FFF, Athlete, Mother, Memory, Diagnosis, Clinical trial, Division, Pharmaceutical industry

PHOENIX, April 30, 2024 /PRNewswire/ -- Gateway for Cancer Research—a nonprofit 501c(3) organization committed to funding innovative, Phase I and Phase II cancer trials — celebrated the 2024 Gateway Celebrity Fight Night 30th Anniversary, an Emerald Ball on Saturday, April 27 at the Fairmont Scottsdale Princess in Scottsdale, Arizona. More than $3 million was raised in a single night, and thanks to generous underwriting by Dr. Stacie J. and Mr. Richard J Stephenson, 100% of proceeds directly fund these early-phase clinical trials.

Key Points: 
  • Marking the gala's 30th anniversary in the Valley, 100% of proceeds from Gateway Celebrity Fight Night will directly fund early-phase cancer research.
  • PHOENIX, April 30, 2024 /PRNewswire/ -- Gateway for Cancer Research —a nonprofit 501c(3) organization committed to funding innovative, Phase I and Phase II cancer trials — celebrated the 2024 Gateway Celebrity Fight Night 30th Anniversary, an Emerald Ball on Saturday, April 27 at the Fairmont Scottsdale Princess in Scottsdale, Arizona.
  • Gateway Celebrity Fight Night drew actors, entertainers, athletes, philanthropists, and leading medical professionals to raise funds for early-phase cancer trials, as they are often overlooked and underfunded.
  • Mr. Stephenson is the founder of both Cancer Treatment Centers of America and Gateway for Cancer Research.

SunCar Technology Group Inc. Schedules Fiscal Year 2023 Earnings Conference Call on Tuesday, April 30th at 5 p.m. ET

Retrieved on: 
Wednesday, April 24, 2024
Fiscal, Minor planet

SunCar will host a conference call on Tuesday, April 30, at 5:00 PM ET (2:00 PM PT) with the investment community to discuss the Company's financial results and provide a business update.

Key Points: 

SunCar Technology Group Inc. Elevates Luxury Travel with Exclusive Airport Concierge Service in Partnership with Ant Fortune

Retrieved on: 
Thursday, April 18, 2024
Airport, Minor planet, Partnership, Ant Group, Black card, Travel, Hotel

This collaboration introduces an exclusive airport concierge car service tailored for Ant Fortune's esteemed Black Card V3 members, marking a new era of luxury travel.

Key Points: 
  • This collaboration introduces an exclusive airport concierge car service tailored for Ant Fortune's esteemed Black Card V3 members, marking a new era of luxury travel.
  • Members will benefit from a streamlined and hassle-free airport transfer process with personalized concierge services and professional drivers, embodying the epitome of 'Exclusive Life Meets Ultra Luxury'.
  • Ye Zaichang, CEO and Chairman of SunCar commented, "As we continue to forge significant industry partnerships, our collaboration with Ant Fortune to offer an unparalleled airport concierge service to Black Card V3 members underscores our dedication to redefining luxury travel.
  • We are thrilled to embark on this journey with Ant Fortune, delivering unmatched luxury and convenience to the discerning travelers among their Black Card V3 members."

Scrum Alliance® Appoints Danielle deLuise as Chief Product Officer to Executive Team as It Prepares to Roll Out New Offerings

Retrieved on: 
Wednesday, March 27, 2024
Education, Training, Other Professional Services, Professional Services, Hofstra University, Certification, Scrum, User-centered design, Minor planet, Management

She’s the latest member to join CEO Tristan Boutros and the executive leadership team at Scrum Alliance consisting of: Angie Stecovich, chief operating officer; Tracee Aliotti, chief marketing officer; and Adam Nelson, general counsel.

Key Points: 
  • She’s the latest member to join CEO Tristan Boutros and the executive leadership team at Scrum Alliance consisting of: Angie Stecovich, chief operating officer; Tracee Aliotti, chief marketing officer; and Adam Nelson, general counsel.
  • “Our entire team is poised to make a dent in the enterprise agility space, a direction we’ve been moving Scrum Alliance into as we grow for the future.
  • She adds that her team members through the years have included those who hold Certified ScrumMaster® and Certified Scrum Product Owner® certifications.
  • Previous roles for deLuise include chief product officer for Ksana Health, a digital mental health company, and director of product at CBT Nuggets, an IT and tech training provider.

SunCar Technology Group Inc. Partners with China CITIC Bank International to Elevate Private Banking Travel Experience

Retrieved on: 
Tuesday, April 2, 2024
Partnership, Travel, Minor planet, China CITIC Bank, China CITIC Bank International

NEW YORK, April 2, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive services and auto e-insurance in China, announced that it will offer exclusive airport concierge car services to the private banking clientele of China CITIC Bank International Limited ("CNCBI").

Key Points: 
  • NEW YORK, April 2, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive services and auto e-insurance in China, announced that it will offer exclusive airport concierge car services to the private banking clientele of China CITIC Bank International Limited ("CNCBI").
  • This three-year partnership will leverage SunCar's expertise in corporate travel services to help CNCBI's provide unmatched service quality and client satisfaction to CNCBI's discerning private banking clients.
  • Ye Zaichang, CEO and Chairman of SunCar commented, "We are immensely proud to collaborate with China CITIC Bank International and to be recognized as their chosen provider of premier airport concierge services.
  • Like China CITIC Bank, another enterprise client of SunCar, CNCBI is an affiliate of CITIC Group Corporation Ltd.

SunCar Technology Group Inc. to Present at the Citizens JMP Technology Conference

Retrieved on: 
Monday, March 4, 2024
Minor planet, Citizenship, The Company, Conference

NEW YORK, March 4, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive after-sales services and online auto insurance intermediation in China, today announced that it will present at the upcoming Citizens JMP Securities Technology Conference taking place in San Francisco on Tuesday, March 5, 2024.

Key Points: 
  • NEW YORK, March 4, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive after-sales services and online auto insurance intermediation in China, today announced that it will present at the upcoming Citizens JMP Securities Technology Conference taking place in San Francisco on Tuesday, March 5, 2024.
  • Company management will also be participating in one-on-one investor meetings at the conference.
  • To schedule a meeting, please submit a request on the conference website, contact your Citizens JMP representative, or email SunCar's investor relations team at [email protected] .

SunCar Technology Group Inc. Announces Business Cooperation with Li Auto for Advanced System Software Development

Retrieved on: 
Wednesday, February 21, 2024
Minor planet, RMB, Vehicle, Good, Insurance, Partnership, Risk management

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive after-sales services and online auto insurance intermediation in China, today announced a new business cooperation (the "Agreement") through its wholly owned subsidiary, Shanghai Chengle Network Technology Co., Ltd. with Beijing Li Auto Insurance Brokerage Company ("Li Auto Insurance").

Key Points: 
  • NEW YORK, Feb. 21, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive after-sales services and online auto insurance intermediation in China, today announced a new business cooperation (the "Agreement") through its wholly owned subsidiary, Shanghai Chengle Network Technology Co., Ltd. with Beijing Li Auto Insurance Brokerage Company ("Li Auto Insurance").
  • Under this Agreement, SunCar and Li Auto Insurance are set to collaborate on developing the 'Li Auto Insurance's Broker System'.
  • SunCar will lead the design and development phases and deploy a robust software solution tailored to Li Auto Insurance's needs.
  • We are confident that Li Auto Insurance's Broker System will deliver exceptional value to Li Auto Insurance with operational excellence and set a benchmark for technology-driven solutions in insurance brokerage."

$2 Billion Advisor Team Joins UBS in Paramus, New Jersey

Retrieved on: 
Friday, February 9, 2024
Banking, Asset Management, Professional Services, Finance, Iona University, Wealth, Villanova University, Merrill (company), Corporate services, Fairleigh Dickinson University, Minor planet, Marketing, Exit planning, Associate, UBS, Ramapo College

The team will be located in the Paramus, New Jersey Private Wealth Management office of UBS, managed by Market Director Adam Kamm.

Key Points: 
  • The team will be located in the Paramus, New Jersey Private Wealth Management office of UBS, managed by Market Director Adam Kamm.
  • “Matt, Larry, and Chris are pillars of their community, and we are proud to welcome their team to UBS,” said Christopher DiMuria, Market Executive for Manhattan at UBS Wealth Management USA.
  • Matthew L. Foley, CPWA®, CIMA®, CEPA®, joins UBS as a Managing Director and Private Wealth Advisor.
  • Lawrence M. DeLuise, CFP®, CPWA®, CIMA®, joins UBS as a Managing Director and Private Wealth Advisor.

SunCar Technology Group Inc. Announces Strategic Cooperation with the Heilongjiang Branch of the Agricultural Bank of China

Retrieved on: 
Monday, November 13, 2023
Minor planet, Credit card, Personal, Agricultural Bank of China, Partnership, Agricultural Bank, Growth, Financial services

NEW YORK, Nov. 13, 2023 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), a leading provider in digitalized automotive after-sales services and online auto insurance intermediation in China, is delighted to announce its recent strategic agreement with the Heilongjiang branch of Agricultural Bank of China.

Key Points: 
  • NEW YORK, Nov. 13, 2023 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), a leading provider in digitalized automotive after-sales services and online auto insurance intermediation in China, is delighted to announce its recent strategic agreement with the Heilongjiang branch of Agricultural Bank of China.
  • This one-year agreement marks a significant milestone in SunCar's expansion strategy within the financial services sector.
  • Departmental Integration: Services will be integrated across various bank departments, including the Credit Card and Personal Banking departments.
  • Mr. YE Zaichang, Chairman and CEO of SunCar, commented, "we are excited to launch this program with the Heilongjiang branch of the Agricultural Bank of China, which stands as a testament to our commitment to innovation and customer service excellence.