What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Toyota pledges to boost local supply chains for electric vehicles in China
Category: Automotive
‘Brutal’ price war in China hands drivers ICE-priced EVs
The dominant question fielded by automotive executives at the Shanghai motor show was not about cars, batteries or exports but about the price war that has raged in the country since the start of the year. The event gave them the opportunity to offload about an issue that is worrying many. “This price war has… Continue reading ‘Brutal’ price war in China hands drivers ICE-priced EVs
Indian IT services provider Wipro to consider share buyback at board meetingWipro last bought back shares in October 2020.
Indian IT services provider Wipro Ltd said on Sunday it will consider a share buyback proposal at its board meeting on April 27. Indian IT services companies are facing challenges, with shares under pressure as clients cut budgets and scale back projects amid fears of a recession in major economies and recent turmoil in global… Continue reading Indian IT services provider Wipro to consider share buyback at board meetingWipro last bought back shares in October 2020.
The LP View: State funds step in to back local hard tech as global investors reassess Chinese exposureState LPs are backing startups in critical indus…
Limited partners (LPs) funded by China’s national and regional governments, as well as state-owned enterprises (SOEs), are making higher capital allocations to fund managers backing the country’s rising tech stars. The state LPs are looking to play a bigger role in advancing the country’s next wave of entrepreneurship and innovations, and also step up support… Continue reading The LP View: State funds step in to back local hard tech as global investors reassess Chinese exposureState LPs are backing startups in critical indus…
Indonesia’s hospitals space set to see deal uptick as investors bet on sector’s resilience
Indonesia’s healthcare sector is poised to see an uptick in deal-making activity as local and global private equity investors bet on the industry’s resilience in the face of global macroeconomic headwinds. Investors are chasing both privately held and listed hospital assets, say people familiar with the development. At the same time, several healthcare players are… Continue reading Indonesia’s hospitals space set to see deal uptick as investors bet on sector’s resilience
Vietnamese VC Touchstone Partners actively looking for hardware, deep tech targets
Vietnamese venture capital firm Touchstone Partners is looking to invest in more hardware and deep tech startups as it spots great promise in the skills of the local engineering sector, according to a top executive of the firm. “While Touchstone focuses on early-stage startups and is sector-agnostic, we will be more actively looking for startups… Continue reading Vietnamese VC Touchstone Partners actively looking for hardware, deep tech targets
Africa-focused super app Gozem secures $11.5m so far in Series B funding
Gozem, an Africa-focused super app backed by the International Finance Corporation (IFC), has raised $11.5 million so far in a Series B funding round, its recent filings with Singapore’s Accounting Corporate and Regulatory Authority (ACRA) showed. The funding round was anchored by the venture capital firm Reengine Ventures, which contributed $9.95 million. Go to Source
Indian transport tech firm Chalo Mobility raises over $26m in fresh funding
Indian transport technology startup Chalo Mobility has secured about $26.25 million in fresh funding, according to its regulatory filings accessed by DealStreetAsia. The company has raised about $23.75 million in Series D funding from Avaatar Ventures and the SmartStart Fund, showed its Singapore-registered holding company’s filings with the Accounting and Corporate Regulatory Authority (ACRA). Go… Continue reading Indian transport tech firm Chalo Mobility raises over $26m in fresh funding
@Daimler: The 500,000th Mercedes-Benz G-Class: The production anniversary of a brand icon
The five hundred thousandth G-Class has rolled off the production line in Graz 44 years after its market launch Historic design elements on the anniversary vehicle recall the early years Electrification ensures a promising future for the off-road vehicle icon The production anniversary of a brand icon: the 500,000th model of the legendary Mercedes‑Benz G-Class… Continue reading @Daimler: The 500,000th Mercedes-Benz G-Class: The production anniversary of a brand icon
@Daimler: The 500,000th Mercedes-Benz G-Class: The production anniversary of a brand icon
The five hundred thousandth G-Class has rolled off the production line in Graz 44 years after its market launch Historic design elements on the anniversary vehicle recall the early years Electrification ensures a promising future for the off-road vehicle icon The production anniversary of a brand icon: the 500,000th model of the legendary Mercedes‑Benz G-Class… Continue reading @Daimler: The 500,000th Mercedes-Benz G-Class: The production anniversary of a brand icon