Category: Automotive

German Handelsblatt: Sports car: athletes for everyday use – that is the new Mercedes-AMG GT007481

Mercedes AMG GT The sports car should be a bit more suitable for everyday use. (Photo: Mercedes) The Mercedes-AMG GT should become more suitable for everyday use. The second generation of the sports car is 20 centimeters longer, which generally creates more interior space and optionally space for a second (emergency) row of seats. The… Continue reading German Handelsblatt: Sports car: athletes for everyday use – that is the new Mercedes-AMG GT007481

HKUST Launches Hong Kong’s First Higher Ed Satellite

First Step in Building Satellite Constellation Contributing to National Development in Remote Sensing Technology HONG KONG, Aug. 21, 2023 /PRNewswire/ — The Hong Kong University of Science and Technology (HKUST) announced today that it will launch a multispectral optical satellite at the Jiuquan Satellite Launch Center in Gansu with Chang Guang Satellite Technology Company Ltd… Continue reading HKUST Launches Hong Kong’s First Higher Ed Satellite

Key takeaways from Sea and GoTo’s earnings, the rise of TikTok Shop, and VinFast’s future courseShopee has ramped up its live-streaming efforts and e-…

This weekly newsletter chronicles top digital themes and trends playing out in SE Asia, especially Indonesia. We will decode policy and regulatory changes affecting digital economy sectors, crunch earnings data of top players, track developments related to gig economy workers and attempt to piece together ecosystem buildouts in some of the fastest-growing, venture-backed plays. You… Continue reading Key takeaways from Sea and GoTo’s earnings, the rise of TikTok Shop, and VinFast’s future courseShopee has ramped up its live-streaming efforts and e-…

Indonesia pushes EV dream, but car shoppers are not sold yet

Indonesia’s government used the Jakarta auto show to double down on plans to drive production and sales of electric vehicles in Southeast Asia’s largest auto market, but buyers are not sold yet. The price premium on electric vehicles (EVs), questions about the availability of charging stations and doubts about new brands are reasons to hold… Continue reading Indonesia pushes EV dream, but car shoppers are not sold yet

Shares of Reliance’s Jio Financial Services fall 5% on market debut

Shares in India’s Jio Financial Services (JFS), carved out of billionaire Mukesh Ambani’s Reliance Industries, fell as much as 5% on their trading debut on Monday, valuing the company at 1.58 trillion rupees ($19 billion). JFS’ stock opened at Rs 262 and fell to a low of 248.90 rupees, with almost 70 million shares trading… Continue reading Shares of Reliance’s Jio Financial Services fall 5% on market debut

Chinese AI firm DP Technology bags $100m in latest funding round

DP Technology, an artificial intelligence (AI) firm focused on scientific applications, said it has snagged $100 million in its latest financing round.  Zhongyuan Capital, the mother fund under state-owned leading media group Shanghai United Media Group, as well as several China-focused private equity firms, including MSA Capital and Loyal Valley Capital, participated in the round. … Continue reading Chinese AI firm DP Technology bags $100m in latest funding round

Chinese IC packaging firm ECHINT bags almost $137m in Series B round

ECHINT, which engages in advanced integrated circuit (IC) packaging and testing, has secured 1 billion yuan ($136.9 million) in a Series B round co-led by venture capital firm Matrix Partners China.  Brilliant Fund, also known as Beite Fund, which invests in strategic and emerging industries, including electronic information and smart manufacturing, also led the funding… Continue reading Chinese IC packaging firm ECHINT bags almost $137m in Series B round

HKUST Launches Hong Kong’s First Higher Ed Satellite

First Step in Building Satellite Constellation Contributing to National Development in Remote Sensing Technology HONG KONG, Aug. 21, 2023 /PRNewswire/ — The Hong Kong University of Science and Technology (HKUST) announced today that it will launch a multispectral optical satellite at the Jiuquan Satellite Launch Center in Gansu with Chang Guang Satellite Technology Company Ltd… Continue reading HKUST Launches Hong Kong’s First Higher Ed Satellite