Malong Technologies: Winner in G20 “Olympics of Startups”

SHENZHEN, China--(BUSINESS WIRE)--Malong Technologies, an artificial intelligence startup and international provider of product recognition technology, was named winner in the "Olympics of Startups" held at the G20 Young Entrepreneurs' Alliance, in Berlin. Malong Technologies' breakthrough ProductAI platform is a high performance'intelligent eye' that enables machines to have human-like visual perception of products, including non-rigid objects such as fashion and fabrics, which have historically been infeasible for computers to recognize accurately without barcodes. Malong Technologies beat startups from every nation at the G20, which represents the 20 major economies of the world. Judged by officials of the European Union and other international organizations, the competition, run by the "Get in the Ring" foundation, led participants through a series of six rounds held over two days, and included'head-to-head' oratory matchups inside a replica boxing ring. The three winning nations include China, represented by Malong Technologies, Canada, and France. As winners, Malong Technologies will benefit from the international visibility which can help open doors to more global customers for its product recognition technology.