Company: KNRX
Filing Date: 2025-01-15
Form Type: F-1/A
Source: 0001493152-25-002249
Chunk: 9

Company: KNOREX LTD.
Filing Date: 2025-01-15
Form: F-1/A
Chunk 9
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2 million for the year ended December 31, 2023. Our net loss increased by 18.9% from US$7.0 million
for the year ended December 31, 2022 to US$8.0 million for the year ended December 31, 2022, primarily due to increases
in platform operations expenses relating to scaling of our XPO platform and general and administration expenses.

Our Competitive Strengths

We attribute our growing success to the following competitive strengths, and we believe that they will continue to provide us with a wide variety of long-term competitive advantages:

| ● | Our                                                                                         
 highly differentiated XPO platform is an all-encompassing omni-channel programmatic         
 advertising management and execution (AMX) platform that is unparallel in terms of          
 depth (being feature-rich and deep integration with the Native Platforms and data partners) 
 and breadth covering the ad channels across the Open Internet and Native                    
 Platforms, thus providing marketers with the sophistication and comprehensiveness           
 to efficiently and effectively target desired global audience in real-time.                 |

| ● | Our                                                                                              
 strong technology capabilities, our deep expertise and domain knowledge in the fields of         
 advertising technologies (or “adtech”), natural language processing, AI/ML                       
 and data science, and our relentless focus on innovation over a decade enable us to consistently 
 deliver differentiated products and solutions.                                                   |

| ● | We                                                                                  
 have established a long track record in delivering quality customer experience and  
 service to our customers, and our continued strong emphasis on customer centricity, 
 allow us to retain and grow with our customers.                                     |

| 5 |

| ● | We                                                                                       
 have built our customer base and partnerships by being aligned with our customers’ needs 
 and independent, competitive and transparent in our offering.                            |

| ● | We                                                                         
 have a caring, committed, and experienced management team that has worked  
 together for over a decade with proven track record of delivering results. |

Our Growth Strategies

Our objective is to accelerate the growth of our business and further our technological leadership in the nascent AMX solutions market by leveraging on our proprietary technologies to expand into more markets and applications as customers seek out integrated cross-channel cloud platform. We intend to achieve this goal by pursuing the following strategies:

| ● | Expand                                       
 customer base and deepen market penetration; |

| ● | Broaden                      
 adoption through innovation; |

| ● | Expand                                               
 through strategic partnerships and acquisitions; and |

| ● | Explore                                   
 new markets and increase