NEW YORK, Aug. 31, 2022 /PRNewswire/ — The automotive power window motor market size is set to grow by USD 5.06 billion from 2021 to 2026, progressing at a CAGR of 15.74% according to Technavio. The automotive power window motor market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the… Continue reading Automotive Power Window Motor Market to grow at a CAGR of 15.74% by 2026, Evolving Opportunities with Aisin Coro & Robert Bosch GmbH -Technavio
Category: News Type
Meta is shutting down the standalone Facebook Gaming app
Meta has started notifying users of its standalone Facebook Gaming app that it will soon no longer be available. In an in-app notification (as shared by social media consultant Matt Navarra and other publications), the company has announced that both iOS and Android versions of the application will stop working on October 28th. Meta is… Continue reading Meta is shutting down the standalone Facebook Gaming app
Hard Facts on Electric Vehicles Favor Fleet Usage
EV expert Kristin Slanina laid out the long-term benefits of electric fleet vehicles for an audience of remarketing leaders during the IARA Summer Roundtable on Aug. 18, 2022 in Nashville, Tennessee. Photo: IARA In the zeal and excitement over the growth of electric vehicles, early buyers tend to forget they are nothing new. EVs are… Continue reading Hard Facts on Electric Vehicles Favor Fleet Usage
Cox, Spiers Expand Global EV Battery Access
Cox Automotive Mobility offers a unique grading system and diagnostic tool, built in partnership with Spiers New Technologies, that provides a VIN-specific battery health score to help drive confidence and transparency with dealers and consumers. Photo: Cox Automotive Mobility Cox Automotive Mobility and Spiers New Technologies announced on Aug. 30 the expansion of their global… Continue reading Cox, Spiers Expand Global EV Battery Access
China Digest: Longneng raises $63m; Sequoia China backs Eaglechip’s $41.5m dealLongneng’s parent Wolong Electric Group invested almost $29m in the dea…
Chinese green energy company Longneng has secured about 435.4 million yuan ($63.1 million) in its pre-IPO round. Separately, Eaglechip, a nascent integrated circuit (IC) developer, has completed its angel round at 286 million yuan ($41.5 million) from investors including Sequoia Capital China. Green energy firm Longneng raises $63m in pre-IPO round Chinese green energy company… Continue reading China Digest: Longneng raises $63m; Sequoia China backs Eaglechip’s $41.5m dealLongneng’s parent Wolong Electric Group invested almost $29m in the dea…
Snap’s top ad honchos quit amid report on layoff plansMedia reports said the Snapchat parent is planning to cut about 20% of its workforce
Snap Inc said on Tuesday its two senior advertising executives have exited the company, hours after a report disclosed the Snapchat parent was planning to cut about 20% of its workforce. The executives Jeremi Gorman, chief business officer, and Peter Naylor, vice-president of ad sales for the Americas, will join Netflix Inc, the streaming major said. Snap shares fell 4% in extended trading as Wall Street turns wary of the… Continue reading Snap’s top ad honchos quit amid report on layoff plansMedia reports said the Snapchat parent is planning to cut about 20% of its workforce
US regulators choose Alibaba, other Chinese firms for audit inspections
US regulators have selected e-commerce giant Alibaba Group Holding Ltd and other US-listed Chinese companies for audit inspections starting next month, three sources familiar with the matter said. The move follows Friday’s landmark audit deal between Beijing and Washington allowing US regulators to vet accounting firms in mainland China and Hong Kong, potentially ending a long-running dispute that threatened to boot more than 200 Chinese companies from US stock exchanges. Alibaba has… Continue reading US regulators choose Alibaba, other Chinese firms for audit inspections
Grab-Singtel’s GXS Bank rolls out in Singapore, two years after securing digibank licence
Grab and Singtel’s GXS Bank launched its digibanking services in Singapore on Wednesday, nearly two years after securing a full digibank licence from the Monetary Authority of Singapore (MAS). GXS Bank’s first financial product is the GXS Savings Account, aimed at Singapore’s “underbanked” population, which is 2 out of every 5 adults, said Charles Wong,… Continue reading Grab-Singtel’s GXS Bank rolls out in Singapore, two years after securing digibank licence
SEA Digest: Thailand’s Beacon VC invests in T2P; Bridgewater opens Singapore office
Thai corporate venture capital firm Beacon VC has invested in fintech company T2P to help build a B2B2C e-wallet business for its parent bank, Kasikornbank, while American hedge fund Bridgewater Associates has opened its new office in Singapore. Beacon VC invests in Thai fintech firm T2P Beacon Venture Capital (Beacon VC), the venture capital arm… Continue reading SEA Digest: Thailand’s Beacon VC invests in T2P; Bridgewater opens Singapore office
GoTo’s shares tumble on IDX a day after H1 earnings
Shares of Indonesia’s largest tech firm PT GoTo Gojek Tokopedia Tbk fell on Wednesday by as much as 6.8%, a day after it reported heavy interim losses and warned of a volatile market outlook. The company, which went public in April with a $1.1 billion stock sale, is seeking to raise a fresh $1 billion in the… Continue reading GoTo’s shares tumble on IDX a day after H1 earnings