ONERugged Exhibits Rugged Terminals to Accelerate Industry Intelligence Worldwide at COMPUTEX 2025
Rugged AI PCs Empowering Smarter Industries in the New Digital Era
Aligned with COMPUTEX 2025's 'AI NEXT' theme, ONERugged unveiled an impressive lineup of AI-powered rugged solutions, such as the EM-I14M rugged AI tablet and the EM-X14M and EM-X15M rugged AI notebooks, all powered by Intel® Core™ Ultra processors. These devices are designed to deliver local AI processing, robust security, lightweight design, and industrial-grade durability. They enable fast deployment of large language models and enterprise AI applications, making them ideal for sectors such as smart manufacturing, automotive diagnostics, outdoor surveying, and public safety. By integrating AI directly into operations, ONERugged is empowering businesses to enhance productivity with smarter, safer, and more efficient solutions.
Exploring Boundless Possibilities with Outdoor Rugged Terminals for Extreme Work and Adventure
ONERugged revealed its next-gen outdoor devices, including the P1 and P2 Pro rugged phones and the T1, T1 Max, and T2 Ultra rugged tablets. Engineered to withstand the harshest environments, these devices provide exceptional performance and reliability for outdoor professionals and adventurers. Powered by ARM-based processors, they feature dual high-definition cameras with wide-angle, macro, and night-vision modes, along with ultra-responsive Incell displays for superior visual clarity. Featuring large-capacity batteries, 33W fast charging, and reverse charging capabilities, these rugged devices ensure continuous connectivity and productivity, even in extreme conditions. IP68-rated for water, dust, and drop protection, and equipped with features like camping lights and PoC walkie-talkies, ONERugged's outdoor solutions are the perfect companion for anyone working or exploring in challenging environments.
Rugged Tablets Across Multiple Sizes and Platforms to Meet Diverse Needs
ONERugged showcased a full lineup of rugged tablets, ranging from 8 to 14 inches, and supporting various platforms including Intel, Rockchip, Qualcomm, and MediaTek. These tablets have industrial-grade interfaces like USB, RJ45, and RS232, and support seamless integration with barcode scanners, NFC modules, and more. They are also compatible with charging docks, vehicle mounts, and stylus, offering maximum flexibility for professionals in smart manufacturing, transportation, warehousing, public services, and energy management.
Rugged Handhelds Driving Field Operations with Cutting-Edge Performance
At the exhibition, ONERugged drew significant attention with its rugged handheld devices. The H68T, equipped with a professional-grade barcode scanner, boasts a 10-meter scanning range, making it ideal for large-scale, high-frequency scanning in warehouses and logistics. Meanwhile, the EM-I61J, powered by Windows OS, is designed to seamlessly integrate with industry-specific software, supporting complex workflows and business processes. Both devices are lightweight and highly durable, making them the go-to choice for industries like smart retail and logistics, where real-time data and digital transformation are essential.
Innovative Vehicle PCs and Industrial PCs for Seamless Data Integration
ONERugged's vehicle PCs are purpose-built for specialized vehicle applications, featuring industrial-grade interfaces like Deutsch and Gigabit Ethernet ports. These terminals enable seamless integration with cameras, sensors, and other devices, facilitating smooth data collection and transmission for real-time decision-making in fleet management, emergency response, and logistics operations.
The Industrial PC lineup is designed to perform in extreme environments, offering robust resistance to electromagnetic interference and stable operation across wide temperature and voltage ranges. With multiple mounting options, these devices can be deployed in key areas like production lines and control consoles. Integrated with systems such as MES/ESOP, they streamline task guidance, equipment monitoring, and data transmission, helping businesses achieve operational transparency and intelligent management.
ONERugged's Vision for the Future: Advancing Industrial Intelligence and Digital Transformation
At COMPUTEX, ONERugged showcased its comprehensive range of rugged solutions, from AI-powered PCs and outdoor rugged devices to in-vehicle and industrial-grade tablets. These products deliver high-performance, reliable support for industrial intelligence and the digital transformation of key sectors. Moving forward, ONERugged remains committed to aligning technological innovation with real industry demands, and with a strong focus on collaboration and product excellence, ONERugged is poised to lead the way in advancing industrial intelligence and building a smarter, more connected future.
About ONERugged:
ONERugged, a brand of Emdoor Information Co., Ltd. (SZSE: 001314), is a leading provider of rugged computing solutions for enterprise users worldwide. Focused on durability, performance, and versatility, ONERugged designs products that can withstand the harshest environments and deliver reliable performance across a wide range of industries. Today, ONERugged serves clients in over 80 countries and regions, supporting sectors such as public safety, manufacturing, agriculture, automotive, and warehousing logistics.
For more information, visit www.onerugged.com. Follow us on LinkedIn, YouTube, and Facebook.
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CORRECTING and REPLACING Offerpad Reports Second Quarter 2025 Results, Highlights Capital Raise and Momentum Across Asset-Light Services
TEMPE, Ariz.--(BUSINESS WIRE)--In the "Third Quarter 2025 Outlook" table, the figures in the "Homes Sold" and "Revenue" rows have been corrected. Offerpad reported revenue of $160.3M and sold 452 homes during the quarter. The company continued to demonstrate operational discipline and saw strong momentum across its asset-light services, supporting platform scalability and long-term growth. The corrected release reads: OFFERPAD REPORTS SECOND QUARTER 2025 RESULTS, HIGHLIGHTS CAPITAL RAISE AND MOMENTUM ACROSS ASSET-LIGHT SERVICES Offerpad (NYSE: OPAD), a leading real estate tech company built to simplify the home selling and buying experience, today announced its financial results for the second quarter ended June 30, 2025. Offerpad reported revenue of $160.3M and sold 452 homes during the quarter. The company continued to demonstrate operational discipline and saw strong momentum across its asset-light services, supporting platform scalability and long-term growth. 'We're seeing strong validation of our model and the progress we've made,' said Brian Bair, Chairman and CEO of Offerpad. 'We've built a platform that brings together sellers, agents, cash buyers, and institutional partners, creating a true real estate solutions center. This foundation positions us to scale our asset-light services, operate with greater efficiency, and be ready to accelerate as market activity returns.' Q2 2025 Highlights Capital Raise: With $21M raised in July, Offerpad's total liquidity exceeds $75M, strengthening the balance sheet and supporting key growth initiatives. HomePro Expansion: Now live in all markets, Offerpad HomePro enables specialized agents to deliver in-person selling solutions—including Offerpad's cash offer, open market listings, third-party investor marketplace, and an upside program that provides cash now, plus the potential for more after listing. HomePro is already driving strong engagement and conversations directly in the seller's living room. Record Renovate Quarter: Offerpad Renovate delivered $6.4 million in revenue, the highest quarterly revenue since the product's launch, reflecting increased demand from institutional and investor partners. Advancing Direct+: Upgrades to the asset-light Direct+ platform are improving SFR buyer engagement and aligning inventory with partner buy boxes. Financial Summary Revenue: $160.3M Homes Sold: 452 Gross Margin: 8.9% Adjusted EBITDA Loss: ($4.8M), improving 39% sequentially Unrestricted Cash: $22.6M Total Liquidity: Over $55M 'Our July capital raise totaled $21M, is primarily non-dilutive, and gives us the ability to continue investing in scalable, margin-positive areas of the business,' said Peter Knag, CFO of Offerpad. 'While our cash offer remains the cornerstone of our model, we're also advancing complementary services like HomePro, which enhances how we deliver solutions in-person, along with Renovate and Direct+, which help us reach new customer segments and serve institutional buyers. These strategic investments support our asset-light approach and long-term growth.' Looking Ahead Offerpad expects Q3 2025 revenue to be in the range of $130 to $150 Million with 360 to 410 homes sold. The company anticipates continued sequential improvement in Adjusted EBITDA as it scales its asset-light services and maintains cost discipline. For additional information, please refer to Offerpad's shareholder letter and full financial results available at Q2 2025 Financial Results (year over year) Q2 2025 Q2 2024 Percentage Change Homes acquired 443 831 (47%) Homes sold 452 742 (39%) Revenue $160.3M $251.1M (36%) Gross profit $14.2M $21.9M (35%) Net loss ($10.9M) ($13.8M) (21%) Adjusted EBITDA ($4.8M) ($4.4M) (8%) Diluted Net Loss per Share ($0.39) ($0.50) 22% Gross profit per home sold $31,400 $29,500 7% Contribution profit after interest per home sold $12,400 $14,500 (14 %) Cash and cash equivalents $22.7M $56.9M (60%) Expand Additional information regarding Offerpad's second quarter of 2025 financial results and management commentary can be found by accessing the Company's Quarterly Shareholder presentation on the Offerpad investor relations website. Third Quarter 2025 Outlook Offerpad is providing its third quarter outlook for 2025 as follows: Conference Call and Webcast Details Brian Bair, Chairman and CEO, and Peter Knag, CFO, will host a conference call and accompanying webcast on August 5, 2025, at 4:30 p.m. ET. The webcast can be accessed on Offerpad's Investor Relations website. Those interested can register here. Access to a replay of the webcast will be available from the same website address shortly after the live webcast concludes. About Offerpad Offerpad, dedicated to simplifying the process of buying and selling homes, is a publicly traded company committed to providing comprehensive solutions that removes the friction from real estate. Our advanced real estate platform offers a range of services, from consumer cash offers to B2B renovation solutions and industry partnership programs, all tailored to meet the unique needs of our clients. Since 2015, we have leveraged local expertise in residential real estate alongside proprietary technology to guide homeowners at every step. Learn more at #OPAD_IR Forward-Looking Statements Certain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or Offerpad's future financial or operating performance. For example, statements regarding Offerpad's financial outlook, including homes sold, revenue and Adjusted EBITDA, for the first quarter of 2025, and expectations regarding market conditions, strategic imperatives and long-term sustainability and growth are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as 'pro forma,' 'may,' 'should,' 'could,' 'might,' 'plan,' 'possible,' 'project,' 'strive,' 'budget,' 'forecast,' 'expect,' 'intend,' 'will,' 'estimate,' 'anticipate,' 'believe,' 'predict,' 'potential' or 'continue,' or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that may impact such forward-looking statements include, but are not limited to, Offerpad's ability to respond to general economic conditions; the health of the U.S. residential real estate industry; Offerpad's ability to grow market share in its existing markets or any new markets it may enter; Offerpad's ability to grow effectively; Offerpad's ability to accurately value and manage real estate inventory, maintain an adequate and desirable supply of real estate inventory, and manage renovations; Offerpad's ability to successfully launch new product and service offerings, and to manage, develop and refine its technology platform; Offerpad's ability to maintain and enhance its products and brand, and to attract customers; Offerpad's ability to achieve and maintain profitability in the future; and the success of strategic relationships with third parties; Offerpad's ability to regain compliance with New York Stock Exchange ('NYSE') Rule 802.01B, or failure to comply with other NYSE continued listing rules. These and other important factors discussed under the caption "Risk Factors" in Offerpad's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission on February 25, 2025, and Offerpad's other reports filed with the Securities and Exchange Commission could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Offerpad and its management, are inherently uncertain. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Offerpad undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. OFFERPAD SOLUTIONS INC. Condensed Consolidated Balance Sheets June 30, December 31, (in thousands, except par value per share) (Unaudited) 2025 2024 ASSETS Current assets: Cash and cash equivalents $ 22,650 $ 43,018 Restricted cash 4,096 30,608 Accounts receivable 7,543 3,848 Real estate inventory 212,737 214,174 Prepaid expenses and other current assets 2,571 2,564 Total current assets 249,597 294,212 Property and equipment, net 9,672 9,127 Other non-current assets 8,717 9,714 TOTAL ASSETS $ 267,986 $ 313,053 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 1,297 $ 1,922 Accrued and other current liabilities 12,422 11,804 Secured credit facilities and other debt, net 177,322 195,378 Secured credit facilities and other debt - related party 38,577 41,861 Total current liabilities 229,618 250,965 Warrant liabilities 159 231 Other long-term liabilities 13,674 14,204 Total liabilities 243,451 265,400 Commitments and contingencies Stockholders' equity: Class A common stock, $0.0001 par value; 2,000,000 shares authorized; 27,710 and 27,379 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 3 3 Additional paid in capital 510,538 507,696 Accumulated deficit (486,006 ) (460,046 ) Total stockholders' equity 24,535 47,653 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 267,986 $ 313,053 Expand Non-GAAP Financial Measures In addition to Offerpad's results of operations above, Offerpad reports certain financial measures that are not required by, or presented in accordance with, U.S. generally accepted accounting principles ('GAAP'). These measures have limitations as analytical tools when assessing Offerpad's operating performance and should not be considered in isolation or as a substitute for GAAP measures, including gross profit and net income. Offerpad may calculate or present its non-GAAP financial measures differently than other companies who report measures with similar titles and, as a result, the non-GAAP financial measures Offerpad reports may not be comparable with those of companies in Offerpad's industry or in other industries. Offerpad has not provided a quantitative reconciliation of forecasted Adjusted EBITDA to forecasted net income (loss) within this press release because Offerpad is unable to calculate certain reconciling items without making unreasonable efforts. These items, which include, but are not limited to, stock-based compensation with respect to future grants and forfeitures, could materially affect the computation of forward-looking net income (loss), are inherently uncertain and depend on various factors, some of which are outside of Offerpad's control. Adjusted Gross Profit, Contribution Profit, and Contribution Profit After Interest (and related margins) To provide investors with additional information regarding Offerpad's margins, Offerpad has included Adjusted Gross Profit, Contribution Profit, and Contribution Profit After Interest (and related margins), which are non-GAAP financial measures. Offerpad believes that Adjusted Gross Profit, Contribution Profit, and Contribution Profit After Interest are useful financial measures for investors as they are used by management in evaluating unit level economics and operating performance across Offerpad's markets. Each of these measures is intended to present the economics related to homes sold during a given period. Offerpad does so by including revenue generated from homes sold (and ancillary services) in the period and only the expenses that are directly attributable to such home sales, even if such expenses were recognized in prior periods, and excluding expenses related to homes that remain in real estate inventory as of the end of the period presented. Contribution Profit provides investors a measure to assess Offerpad's ability to generate returns on homes sold during a reporting period after considering home acquisition costs, renovation and repair costs, and adjusting for holding costs and selling costs. Contribution Profit After Interest further impacts gross profit by including interest costs (including senior and mezzanine secured credit facilities) attributable to homes sold during a reporting period. Offerpad believes these measures facilitate meaningful period over period comparisons and illustrate Offerpad's ability to generate returns on assets sold after considering the costs directly related to the assets sold in a presented period. Adjusted Gross Profit, Contribution Profit and Contribution Profit After Interest (and related margins) are supplemental measures of Offerpad's operating performance and have limitations as analytical tools. For example, these measures include costs that were recorded in prior periods under GAAP and exclude, in connection with homes held in real estate inventory at the end of the period, costs required to be recorded under GAAP in the same period. Accordingly, these measures should not be considered in isolation or as a substitute for analysis of Offerpad's results as reported under GAAP. Offerpad includes a reconciliation of these measures to the most directly comparable GAAP financial measure, which is gross profit. Adjusted Gross Profit / Margin Offerpad calculates Adjusted Gross Profit as gross profit under GAAP adjusted for (1) net real estate inventory valuation adjustment plus (2) interest expense associated with homes sold in the presented period and recorded in cost of revenue. Net real estate inventory valuation adjustment is calculated by adding back the real estate inventory valuation adjustment charges recorded during the period on homes that remain in real estate inventory at period end and subtracting the real estate inventory valuation adjustment charges recorded in prior periods on homes sold in the current period. Offerpad defines Adjusted Gross Margin as Adjusted Gross Profit as a percentage of revenue. Offerpad views this metric as an important measure of business performance, as it captures gross margin performance isolated to homes sold in a given period and provides comparability across reporting periods. Adjusted Gross Profit helps management assess performance across the key phases of processing a home (acquisitions, renovations, and resale) for a specific resale cohort. Contribution Profit / Margin Offerpad calculates Contribution Profit as Adjusted Gross Profit, minus (1) direct selling costs incurred on homes sold during the presented period, minus (2) holding costs incurred in the current period on homes sold during the period recorded in sales, marketing, and operating, minus (3) holding costs incurred in prior periods on homes sold in the current period recorded in sales, marketing, and operating, plus (4) other income, net which is primarily comprised of interest income earned on our cash and cash equivalents and fair value adjustments of derivative financial instruments. The composition of Offerpad's holding costs is described in the footnotes to the reconciliation table below. Offerpad defines Contribution Margin as Contribution Profit as a percentage of revenue. Offerpad views this metric as an important measure of business performance as it captures the unit level performance isolated to homes sold in a given period and provides comparability across reporting periods. Contribution Profit helps management assess inflows and outflow directly associated with a specific resale cohort. Contribution Profit / Margin After Interest Offerpad defines Contribution Profit After Interest as Contribution Profit, minus (1) interest expense associated with homes sold in the presented period and recorded in cost of revenue, minus (2) interest expense associated with homes sold in the presented period, recorded in costs of sales, and previously excluded from Adjusted Gross Profit, and minus (3) interest expense under Offerpad's senior and mezzanine secured credit facilities and other senior secured debt incurred on homes sold during the period. This includes interest expense recorded in prior periods in which the sale occurred. Offerpad's senior and mezzanine secured credit facilities and other senior secured debt are secured by their homes in real estate inventory and drawdowns are made on a per-home basis at the time of purchase and are required to be repaid at the time the homes are sold. Offerpad defines Contribution Margin After Interest as Contribution Profit After Interest as a percentage of revenue. Offerpad views this metric as an important measure of business performance. Contribution Profit After Interest helps management assess Contribution Margin performance, per above, when fully burdened with costs of financing. The following table presents a reconciliation of Offerpad's Adjusted Gross (Loss) Profit, Contribution (Loss) Profit and Contribution (Loss) Profit After Interest to Offerpad's Gross (Loss) Profit, which is the most directly comparable GAAP measure, and Contribution (Loss) Profit Per Home Sold and Contribution (Loss) Profit After Interest Per Home Sold to Offerpad's Gross (Loss) Profit Per Home Sold, which is the most directly comparable GAAP measure, for the periods indicated: (1) Real estate inventory valuation adjustment – current period is the real estate inventory valuation adjustments recorded during the period presented associated with homes that remain in real estate inventory at period end. (2) Real estate inventory valuation adjustment – prior period is the real estate inventory valuation adjustments recorded in prior periods associated with homes that sold in the period presented. (3) Interest expense capitalized represents all interest related costs, including senior and mezzanine secured credit facilities, incurred on homes sold in the period presented that were capitalized and expensed in cost of sales at the time of sale. (4) Direct selling costs represents selling costs incurred related to homes sold in the period presented. This primarily includes broker commissions and title and escrow closing fees. (5) Holding costs primarily include insurance, utilities, homeowners association dues, property taxes, cleaning, and maintenance costs. (6) Represents holding costs incurred on homes sold in the period presented and expensed to Sales, marketing, and operating on the Condensed Consolidated Statements of Operations. (7) Represents holding costs incurred in prior periods on homes sold in the period presented and expensed to Sales, marketing, and operating on the Condensed Consolidated Statements of Operations. (8) Other income, net principally represens interest income earned on our cash and cash equivalents and fair value adjustments of derivative financial instruments. (9) Represents both senior and mezzanine interest expense incurred on homes sold in the period presented and expensed to interest expense on the Condensed Consolidated Statements of Operations. (10) Represents both senior and mezzanine secured credit facilities interest expense incurred in prior periods on homes sold in the period presented and expensed to interest expense on the Condensed Consolidated Statements of Operations. Expand Adjusted Net Income (Loss) and Adjusted EBITDA Offerpad also presents Adjusted Net Income (Loss) and Adjusted EBITDA, which are non-GAAP financial measures, which the management team uses to assess Offerpad's underlying financial performance. Offerpad believes these measures provide insight into period over period performance, adjusted for non-recurring or non-cash items. Offerpad calculates Adjusted Net Income (Loss) as GAAP Net Income (Loss) adjusted for the change in fair value of warrant liabilities. Offerpad defines Adjusted Net Income (Loss) Margin as Adjusted Net Income (Loss) as a percentage of revenue. Offerpad calculates Adjusted EBITDA as Adjusted Net Income (Loss) adjusted for interest expense, amortization of capitalized interest, taxes, depreciation and amortization and stock-based compensation expense. Offerpad defines Adjusted EBITDA Margin as Adjusted EBITDA as a percentage of revenue. Adjusted Net Income (Loss) and Adjusted EBITDA are supplemental to Offerpad's operating performance measures calculated in accordance with GAAP and have important limitations. For example, Adjusted Net Income (Loss) and Adjusted EBITDA exclude the impact of certain costs required to be recorded under GAAP and could differ substantially from similarly titled measures presented by other companies in Offerpad's industry or companies in other industries. Accordingly, these measures should not be considered in isolation or as a substitute for analysis of Offerpad's results as reported under GAAP. The following table presents a reconciliation of Offerpad's Adjusted Net Income (Loss) and Adjusted EBITDA to their GAAP Net Income (Loss), which is the most directly comparable GAAP measure, for the periods indicated: (1) Amortization of capitalized interest represents all interest related costs, including senior and mezzanine secured interest related costs, incurred on homes sold in the period presented that were capitalized and expensed in cost of sales at the time of sale. Expand
Business Wire
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- Business Wire
Reynold Lemkins Drives Cross-Border Deep Tech Investment, Featured Prominently at Asia's Leading Capital and Innovation Forums
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Business Wire
an hour ago
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SingleStore Expands Presence to Serve Japan and Accelerate Global Enterprise AI Innovation
TOKYO--(BUSINESS WIRE)--SingleStore, a database delivering the performance, simplicity and flexibility needed to power enterprise AI, today announced its official launch in Japan. The move underscores the rising demand for high-performance, AI-optimized data infrastructure in one of the world's most technologically advanced markets. The expansion further cements SingleStore's leadership in delivering the real-time capabilities and foundational data strategies essential to building the next generation of high-performing enterprise AI applications. With this expansion, SingleStore is bringing its ultra low-latency AI-ready database platform to one of the world's largest and most innovation-driven economies. The move comes as Japan accelerates its national AI strategies and enterprises increasingly seek scalable, real-time data platforms like SingleStore that support global Fortune 500 companies at scale to develop next-generation AI applications. 'Expanding into Japan is both a strategic and symbolic step in SingleStore's mission to power global AI progress,' said Raj Verma, CEO of SingleStore. 'Japan is home to one of the most technologically advanced economies in the world, and we're thrilled to use our real-time, AI-optimized data capabilities to power its next wave of innovation. This new chapter in Japan underscores the worldwide demand for real-time, scalable, and AI-optimized data infrastructure, and we're excited to be part of it.' This expansion comes at a time of immense growth for SingleStore. The company grew from $10 million in ARR to over $100 million in just four years and achieved unicorn status with a valuation of over $1 billion following its most recent funding round in 2022. SingleStore currently has customers across 50+ countries, with its expansion to Japan marking its eighth office globally. Seasoned enterprise technology leader Tadashi 'Troy' Nishioka will drive SingleStore's work in Japan as Managing Director and brings deep experience from his work in Japan's cloud and data markets. Under Nishioka's leadership, the company will grow its local footprint through strategic hires, partnerships with leading cloud and system integrators, and a focus on serving industries including financial services, manufacturing, telecommunications, and healthcare. 'Our goal is simple: empower Japanese businesses to realize their AI ambitions by giving them the performance, scale, and simplicity they need,' said Nishioka. 'We're deeply committed to understanding the unique needs of Japanese enterprises and aligning with the country's culture of precision, quality, and continuous improvement to become a trusted partner for Japanese businesses harnessing the full potential of AI.' SingleStore's expansion into Japan builds on a deep presence across the APAC region, with customers in 12 APAC countries, a regional hub in Singapore and a strong presence in India. The company already serves over 100 customers in the region, including leading enterprises such as Nikkei, Samsung, Tata, DBS Bank, Posco, and 6sense. 'Since partnering in 2017, we've trusted SingleStore for its exceptional performance and innovative approach,' said Hajime Sano, software engineer and engineering manager at Nikkei. 'It's now a core part of our data platform, powering real-time analytics that support approximately 1,500 journalists at the Nikkei Online Edition. With SingleStore, we've reduced data latency from 45 minutes to just 200 milliseconds – transforming how we understand reader behavior and deliver relevant content. The launch of SingleStore's Tokyo office signals a strong commitment to Japan, and we look forward to continuing our partnership.' As enterprises around the globe look to consolidate legacy databases, accelerate AI adoption, and modernize their infrastructure, SingleStore is the database of choice for building that future in real time. Its unified platform uniquely supports hybrid transactional and analytical processing, vector and full-text search, and low-latency streaming ingest, making it ideal for powering modern AI applications. With built-in support for serverless ingest, integrated AI functions, and developer-optimized workflows, SingleStore provides the flexibility and power modern teams need to build intelligent, responsive AI applications. Its native handling of both structured and semi-structured data, compatibility with platforms including Snowflake, Postgres, SQL Server, Oracle and MySQL, and scalability across cloud environments allow organizations to unify their data architecture while dramatically reducing complexity and latency. Additional Resources: SingleStore will engage with local media and analysts in Japan over the coming weeks to share more about its expansion strategy and AI-driven innovations. About SingleStore SingleStore empowers the world's leading organizations to build and scale modern applications using the only data platform that allows you to transact, analyze and search data in real time. With streaming data ingestion, support for both transactions and analytics, horizontal scalability and vector and full text search capabilities, SingleStore helps deliver 10–100x better performance at 1/3 the cost of legacy architectures. Learn more at
