The fresh funds will be used towards Locad’s network expansion, product development, and hiring plans for Southeast Asia and Australia. Go to Source
Author: Tech In Asia Online News
Zoomcar names ex-Grab head as chief tech and product officer
During his tenure at Grab, Ashu Singhal helped in growing its marketplace from 800,000 to over 10 million daily bookings. Go to Source
Grab inks partnership with ZaloPay in Vietnam
ZaloPay and Grab’s Moca were previously considered competitors in Vietnam’s e-wallet war. Go to Source
Inside Zoomcar’s topsy-turvy ride to a SPAC listing
We chart Zoomcar’s decade-long journey toward the public markets and analyze the upcoming IPO for Mamaearth parent firm Honasa Consumer. Go to Source
Chinese driverless car firm nets nearly $100m series B money
Freetech partners with over 40 automotive manufacturers, fitting more than 100 car models with its technology, Nikkei Asia reported. Go to Source
Recession Run: CCV says autonomous tech, AI, robotics startups are the future
Zhou Wei, founding partner of CCV, shares his insights on the startups that will redefine the next decade of technological innovation and more. Go to Source
Nasdaq-bound Zoomcar takes SPAC route despite bear warnings
Since pivoting to an Airbnb model has yielded growth, Zoomcar is unperturbed by market turbulence as it gears up for a public listing in 2023. Go to Source
Behind Grab’s push for efficiency and how it benefits partners and consumers
Order batching, reduced wait times, and hyperlocalized strategies help the super app’s driver-partners be more productive. Go to Source
Nasdaq-listed autonomous trucking firm to cut 350 jobs
US-based TuSimple might also sell its Asia business. Go to Source
The road industry 4.0 is paving for Singapore’s manufacturing industry
New tech and sustainability were key focus points at ITAP 2022. Go to Source