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Nuren Group Announces Upcoming IPO on National Stock Exchange of Australia (NSX): Empowering Women Through Innovation

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Nuren Group Announces Upcoming IPO on National Stock Exchange of Australia (NSX): Empowering Women Through Innovation
Business

Business

Nuren Group Announces Upcoming IPO on National Stock Exchange of Australia (NSX): Empowering Women Through Innovation

2024-06-12 14:09 Last Updated At:14:25

SYDNEY and KUALA LUMPUR, Malaysia, June 12, 2024 /PRNewswire/ -- Nuren Group, a leading digital platform empowering women in parenting, education, and maternity wellness, is excited to announce the launch of its initial public offering (IPO) on the National Stock Exchange of Australia (NSX).

Set to debut at AUD0.20 per share, this IPO marks a significant milestone in the company's growth journey, offering investors the opportunity to be part of Nuren Group's success story. 

IPO Details:

Established as a pioneer in digital solutions, Nuren Group offers a diverse portfolio that includes leading platforms such as Motherhood.com.my, Motherhood SuperApp, Kelabmama.com and Ibuencer.com, which combined has a user base of 1.8 million and over 10 million page views monthly, catering to a wide range of customers and vendors.

The capital raised through the IPO will fuel Nuren Group's commitment to expanding its market presence in the parenting, education, and maternity wellness sectors. It will also enhance the company's technological infrastructure to deliver a seamless user experience. Additionally, the funding will accelerate growth in key strategic areas through innovation.

Nuren Group operates in high-growth markets, with increasing demand for digital solutions in parenting, media planning, and e-commerce. The listing of Nuren Group on the National Stock Exchange of Australia (NSX) aligns with the accelerating pace of digital transformation, presenting a significant opportunity for Nuren Group to capture a larger market share. Additionally, the debut price of AUD0.20 per share offers investors an attractive entry point, promising substantial growth potential as Nuren Group continues to expand and innovate.

Innovative Growth Potential & Investment Focus

Nuren Group is poised for significant growth, leveraging strategic market expansion, technological advancements, and innovative product development. Supported by a well-established portfolio and leading industry brands with a loyal customer base, Nuren Group stands on a solid foundation for future growth.

Founder and CEO of Nuren Group Limited, Petrina Goh said, "As we embark on this exciting journey with our IPO, we are committed to leveraging our expertise and technology to improve the quality of life for our customers and create lasting value for our shareholders. The market for parenting tech is experiencing unprecedented growth, driven by increasing awareness and demand for convenient, effective and personalised care solutions. The global parenting spending market, encompassing baby care products, childcare services, education technology, and parenting apps, is valued at several hundred billion dollars annually and is expected to continue growing significantly. This presents a tremendous opportunity for us to capitalise on the expanding market and meet the evolving needs of modern families."

Advancing Towards AI Technology and Innovation

Furthermore, Nuren Group plans to enhance its technological offerings with a unique AI-powered parenting chat feature within the Motherhood SuperApp. This innovative feature will assist users by providing personalised support and advice, utilising advanced machine learning algorithms to offer real-time, relevant assistance.

Nuren Group's decision to announce this Initial Public Offering (IPO) reflects the company's commitment to driving expansion, enhancing technological infrastructure, and seizing new growth opportunities in key strategic areas.

For more information on Nuren Group's IPO, including key dates and how to invest, please visit the company website at https://www.nurengroup.com/ and the Public Offer booklet available at https://apply.automic.com.au/NurenGroupLimited.

About Nuren Group

Established in 2013 by entrepreneur Petrina Goh, Nuren Group is Malaysia's top parenting platform focused on empowering women in parenting, education, and maternity wellness. Our portfolio includes leading platforms such as Motherhood.com.my, Motherhood SuperApp, Kelabmama.com, Ibuencer.com, and Wedding.com.my. These platforms provide innovative solutions and services across media, e-commerce, parenting, and maternity industries, catering to a diverse range of customers and vendors.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Nuren Group Announces Upcoming IPO on National Stock Exchange of Australia (NSX): Empowering Women Through Innovation

Nuren Group Announces Upcoming IPO on National Stock Exchange of Australia (NSX): Empowering Women Through Innovation

Nuren Group Announces Upcoming IPO on National Stock Exchange of Australia (NSX): Empowering Women Through Innovation

Nuren Group Announces Upcoming IPO on National Stock Exchange of Australia (NSX): Empowering Women Through Innovation

TAIPEI, May 17, 2025 /PRNewswire/ -- As COMPUTEX 2025, one of the most anticipated global tech events, prepares to open its doors in Taipei, AI applications are set to reach new heights. GIGAIPC, the industrial computing and edge AI subsidiary of GIGABYTE Technology, will unveil three innovative AI edge computing solutions at COMPUTEX 2025, showcasing its expertise in industrial-grade system design. Powered by NVIDIA® Jetson Orinâ„¢ modules, the flagship QN-ORAX32-A1, QN-ORNX16GH-A1, and QN-ORNX16 deliver exceptional AI performance for smart manufacturing, intelligent surveillance, smart healthcare, smart retail, and AIoT applications, setting new benchmarks for edge computing.

The QN-ORAX32-A1, built on the NVIDIA Jetson AGX Orinâ„¢ 32GB module, features an 8-core ARM v8.2 64-bit CPU and an NVIDIA Ampere GPU with 1792 CUDA® cores and 56 Tensor cores, delivering up to 200 TOPS of AI performance—six times faster than its predecessor. This enhanced computing power makes it well-suited for high-load data processing and complex AI models. Beyond its computing performance, the QN-ORAX32-A1 is also built for real-world deployment. To ensure long-term durability in harsh industrial environments, the system incorporates a fanless thermal design and wide-range DC power input.

In addition, it supports NVIDIA® JetPackâ„¢, NVIDIA Isaacâ„¢ ROS, and other Jetson platform services, enabling rapid AI integration and robotic perception, while reducing development costs. These capabilities make it an ideal choice for automated optical inspection (AOI), smart manufacturing, edge servers, and robotics.

The QN-ORNX16GH-A1 and QN-ORNX16, powered by the Jetson Orinâ„¢ NX module, offer up to 100 TOPS for real-time visual analysis, object recognition, and data inference. The QN-ORNX16GH-A1 is optimized for smart city infrastructure, autonomous mobile robots (AMRs), and industrial automation, featuring 10 LAN ports, including 8 with Power over Ethernet (PoE), enabling simultaneous data transfer and power delivery to streamline multi-device setups. The combination of edge AI inference and multi-channel PoE helps simplify front-end data acquisition and analysis, reducing wiring complexity and deployment costs. In contrast, the QN-ORNX16 is tailored for medical imaging applications, leveraging advanced AI image recognition technology. It enables real-time image processing and precise inference via trained AI models, supporting rapid diagnostics and advancing precision medicine.

COMPUTEX 2025 will be held from May 20 to 23, 9:30 a.m. to 5:30 p.m., at Taipei Nangang Exhibition Center, Hall 1, 1F. GIGAIPC will showcase its latest AI edge computing solutions at the GIGABYTE Group booth (Booth No. K0802), presenting its latest edge AI solutions for industrial applications.

For more information about GIGAIPC's products and solutions, please visit
https://www.gigaipc.com/en/contact/

About GIGAIPC
GIGAIPC Co., Ltd., established in 2018, is a subsidiary of the GIGABYTE Group focused on embedded solutions. Leveraging deep expertise in computing, the company offers board-level and system-level products for applications including 5G, IoT, machine vision, industrial automation, smart retail, and healthcare.

Backed by GIGABYTE's award-winning manufacturing, GIGAIPC is committed to exceeding expectations by delivering high-quality computing platforms along with world-class service and support. With service centers in major cities worldwide, GIGAIPC continues to expand its global presence and provide outstanding customer support.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

GIGAIPC Unveils Jetson Orin Series at COMPUTEX 2025, Advancing Industrial-Grade AI Solutions

GIGAIPC Unveils Jetson Orin Series at COMPUTEX 2025, Advancing Industrial-Grade AI Solutions

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