Philippine-based mezzanine investor ARQCapital Partners is confident of hitting the final close of its 1.5-billion-pesos ($28 million) fund next year to invest in up to 50 high-growth medium enterprises (MEs) in the country. ARQ founding partner and CEO Edmund Solilapsi said in an online news briefing on Wednesday that the firm has already raised a… Continue reading PH mezzanine investor ARQCapital eyes final close of $28m fund next year …
Category: News Type
Emtek increases stake in Bukalapak via digital arm for $15.8m
The Indonesian media and tech conglomerate PT Elang Mahkota Teknologi Tbk (popularly known as Emtek) has increased its stake in the online marketplace Bukalapak through its digital arm for around 229 billion rupiah, according to a regulatory filing on Wednesday. The move is part of Emtek’s bid to strengthen support for the all-commerce industry, which… Continue reading Emtek increases stake in Bukalapak via digital arm for $15.8m
SEA Digest: Grab launches mapping service; Appota raises new funding; Finhay acquires Vina Securities
Southeast Asia’s super-app Grab Holdings launched GrabMaps, a new enterprise service, on Wednesday. Vietnam’s digital entertainment content provider Appota Group has raised an undisclosed amount in an investment led by Mirae Asset Venture Investment while robo-advisor Finhay has completed the acquisition of securities company Vina Securities. Grab launches GrabMaps Southeast Asia’s super app Grab Holdings… Continue reading SEA Digest: Grab launches mapping service; Appota raises new funding; Finhay acquires Vina Securities
Chinese self-driving solutions developer MINIEYE raises $120m
MINIEYE, a Chinese developer of visual sensing solutions for intelligent and autonomous driving vehicles, has raised 800 million yuan ($120 million) across three tranches of its Series D funding round to accelerate the R&D and commercialisation of advanced self-driving products. Shenzhen-based MINIEYE announced earlier this week the completion of the final tranche led by Cathay… Continue reading Chinese self-driving solutions developer MINIEYE raises $120m
German Manager Magazine: Bosch, Denso, Continental, ZF Friedrichshafen: These are the 100 largest automotive suppliers001824
The 100 largest automotive suppliers worldwide fared better in 2021 than in 2020, despite the ongoing corona crisis, supply chain chaos and increasing pressure to transform. This is the result of a current evaluation by the consulting firm Berylls Strategy Advisors. Accordingly, the turnover of the companies last year increased by more than 13 percent… Continue reading German Manager Magazine: Bosch, Denso, Continental, ZF Friedrichshafen: These are the 100 largest automotive suppliers001824
German Handelsblatt: Diesel scandal: 288 million euros are not enough: VW shareholders want to overturn comparison with Winterkorn and Co.004447
It was a record deal: Volkswagen received around 288 million euros back from former CEO Martin Winterkorn, ex-Audi boss Rupert Stadler and other former managers and insurers for breaches of duty in the diesel scandal. But many VW shareholders were not impressed. On the contrary: They attacked the group management hard for the comparison –… Continue reading German Handelsblatt: Diesel scandal: 288 million euros are not enough: VW shareholders want to overturn comparison with Winterkorn and Co.004447
German Handelsblatt: Auto industry: No second Kuka: Kretschmann and Källenius rule out Chinese Mercedes takeover004446
Ola Källenius (left) and Winfried Kretschmann The CEO and the prime minister do not want to make the same mistake in terms of industrial policy as they did with the robot manufacturer Kuka. (Photo: imago images/Arnulf Hettrich) China has been expanding its influence in Europe through investments and infrastructure projects for more than two decades.… Continue reading German Handelsblatt: Auto industry: No second Kuka: Kretschmann and Källenius rule out Chinese Mercedes takeover004446
German Handelsblatt: New mobility: This is how a small Greek island becomes the Volkswagen future laboratory004447
Sailing yachts and fishing boats bob in the picturesque harbour, around which whitewashed cube houses are grouped like rows in an amphitheater. A Venetian fortress towers over everything. An idyllic tranquility reigns on the Greek island of Astypalea. The 1300 locals are almost among themselves, only a few visitors stroll through the streets. The small… Continue reading German Handelsblatt: New mobility: This is how a small Greek island becomes the Volkswagen future laboratory004447
German Handelsblatt: Diesel scandal: 288 million euros are not enough: VW shareholders want to overturn comparison with Winterkorn and Co.004446
It was a record deal: Volkswagen received around 288 million euros back from former CEO Martin Winterkorn, ex-Audi boss Rupert Stadler and other former managers and insurers for breaches of duty in the diesel scandal. But many VW shareholders were not impressed. On the contrary: They attacked the group management hard for the comparison –… Continue reading German Handelsblatt: Diesel scandal: 288 million euros are not enough: VW shareholders want to overturn comparison with Winterkorn and Co.004446
German Handelsblatt: New mobility: This is how a small Greek island becomes the Volkswagen future laboratory004446
Sailing yachts and fishing boats bob in the picturesque harbour, around which whitewashed cube houses are grouped like rows in an amphitheater. A Venetian fortress towers over everything. An idyllic tranquility reigns on the Greek island of Astypalea. The 1300 locals are almost among themselves, only a few visitors stroll through the streets. The small… Continue reading German Handelsblatt: New mobility: This is how a small Greek island becomes the Volkswagen future laboratory004446