The startup will use the fresh funds to support the ongoing research and development of digitalization in container land transportation, business expansion to more ports across China, and optimization of service, the statement reported. A latecomer, but a quick grower Founded in 2017 and headquartered in large-port megacity Shanghai, Duckbill is an innovator in the… Continue reading China’s Digitized Container Duckbill Speeds Up, Faster and Smarter
Category: News Type
What record-low water levels at the Hoover Dam reservoir look like from space
The US’s largest water reservoir, Lake Mead at the Hoover Dam, is in very, very bad shape. How bad is it? New satellite images from NASA show just how much the reservoir’s footprint has shrunk over the past two decades — and the difference between July 2000 and July 2022 is stark. Water levels at… Continue reading What record-low water levels at the Hoover Dam reservoir look like from space
Thai digital lender SCB Abacus raises $20m Series BThe Series B round brought its total funding to around $41m.
Thai alternative digital lending platform SCB Abacus, a spinoff of financial services conglomerate SCBX, has closed a $20 million Series B funding round from undisclosed investors. The firm said in a statement that the Series B round brought its total funding to 1.5 billion baht ($41 million), becoming the most funded digital lending platform in… Continue reading Thai digital lender SCB Abacus raises $20m Series BThe Series B round brought its total funding to around $41m.
China Evergrande CEO, CFO step down following probe into property services unit
China Evergrande Group said on Friday that its chief executive officer and finance head have stepped down after initial findings of a probe into Evergrande Property Services found loans secured by the unit were redirected back to the group. The indebted company’s property-services unit was investigating how 13.4 billion yuan ($1.99 billion) of its deposits… Continue reading China Evergrande CEO, CFO step down following probe into property services unit
Despite being more stringent, fintechs welcome Indonesia’s new P2P lending rules
Players in Indonesia’s peer-to-peer (P2P) lending industry have welcomed a new regulation by the Financial Services Authority (OJK), an executive of a fintech industry body said on Friday. This is despite the law being more stringent than existing rules. The regulation, which took effect on July 4, is more extensive than its predecessor, which was… Continue reading Despite being more stringent, fintechs welcome Indonesia’s new P2P lending rules
Memories of an evening with Paddy Hopkirk
He was that sort of man; cheeky smile, fast wit, charm in abundance and a surfeit of stories to make even the most nervous comfortable. Of course, he had the substance to back up the swagger, too; not just for wowing The Beatles (and others) by winning the 1964 Monte Carlo Rally, but through a… Continue reading Memories of an evening with Paddy Hopkirk
Cadillac Celestiq concept previews bold EV luxury saloon
The striking new Celestiq concept is a preview of Cadillac’s first electric saloon, which will draw on the legacy of era-defining models like the Eldorado and Brougham. Due within the next two years, the Celestiq will be the US marque’s second electric production model after the Lyriq SUV. It will use the same Ultium platform… Continue reading Cadillac Celestiq concept previews bold EV luxury saloon
Obituary: Rallying legend Paddy Hopkirk dies aged 89
Legendary rally driver and charismatic brand ambassador Paddy Hopkirk has died at the age of 89 – some 69 years after his first motorsport victory. It’s a measure of the man that he was almost as famous as the Mini, the car that carried him to a brilliant – now legendary – victory on the… Continue reading Obituary: Rallying legend Paddy Hopkirk dies aged 89
Maserati previews extreme 730bhp track-only MC20
A track-only, extreme version of the Maserati MC20 has been previewed with new downforced-focused bodywork and increased power. Although based on the marque’s flagship sports car, the Project24’s bodywork has been dramatically overhauled and its underpinnings upgraded, with not much of the original car left. Renders released today show an aerodynamically focused design, with new features added… Continue reading Maserati previews extreme 730bhp track-only MC20
Cadillac explains why Celestiq flagship EV is its most advanced vehicle in 120 years
Cadillac unveiled Friday a buzzier version of its future flagship EV, the six-figure Celestiq sedan slated to set the direction for the brand’s electrified portfolio. The show car model of the eagerly-awaited Celestiq represents the 120-year-old luxury brand’s most advanced vehicle yet, the company said. The one-off car previews what Celestiq could be when it… Continue reading Cadillac explains why Celestiq flagship EV is its most advanced vehicle in 120 years