Royal Commission for AlUla announces Dar Tantora by The House Hotel, an authentic hospitality experience in AlUla Old Town

Dar Tantora by The House Hotel, a Kerten Hospitality brand, will open with 30 guest rooms Hotel rooms and facilities are being developed within historic mud-brick structures and decorated with authentic materials and designs from AlUla’s past The project delivers on the Journey Through Time master plan in alignment with the Sustainability Charter for AlUla AlUla,… Continue reading Royal Commission for AlUla announces Dar Tantora by The House Hotel, an authentic hospitality experience in AlUla Old Town

Baidu Apollo Releases Major Product Updates to Help Manufacturers Build Smarter Cars for Tomorrow

Baidu foresees that by 2026, the market penetration rate of smart car models equipped with L2+ level advanced intelligent driving solution, valet parking, highway navigation pilot and city navigation pilot will exceed 15%. Baidu Apollo City Driving Max is upgraded with “lightweight HD map”, which is 80% “lighter” compared to traditional HD maps. Baidu’s Apollo Highway… Continue reading Baidu Apollo Releases Major Product Updates to Help Manufacturers Build Smarter Cars for Tomorrow

China’s ZJLD Group seeks up to $811.5m in Hong Kong IPOThe spirits manufacturer would raise between $674 million to $811.5 million, the filings show.

Chinese liquor company ZJLD Group is looking to raise up to HK$6.37 billion ($811.5 million) in a Hong Kong initial public offering (IPO), the largest in the financial centre this year, according to exchange filings on Monday. The company is offering about 490.7 million shares in a price range of $HK10.78 to HK$12.98 each. Across… Continue reading China’s ZJLD Group seeks up to $811.5m in Hong Kong IPOThe spirits manufacturer would raise between $674 million to $811.5 million, the filings show.

Asia Partners raises $373m so far for latest growth fundThe Singapore-based PE firm is seeking $600m for Asia Partners II.

Southeast Asia’s technology-focused private equity firm Asia Partners has so far raised $373 million for its second buyout fund and a feeder fund, its filing with the US Securities and Exchange Commission showed. The firm, launched by former Sea Ltd president Nick Nash and Naspers B2C e-commerce division’s former CEO Oliver Rippel, disclosed that Asia… Continue reading Asia Partners raises $373m so far for latest growth fundThe Singapore-based PE firm is seeking $600m for Asia Partners II.

The LP View: HarbourVest sees co-investments as growing strategy; Asia portfolio to expand

Global private markets investment firm HarbourVest Partners is looking to increasingly invest alongside general partners in Asia, a top executive told DealStreetAsia. “Today, we’re seeing even more co-investment flow, and in larger sizes,” Kelvin Yap, managing director at HarbourVest, Singapore, said in an interview. Go to Source

EVE Energy Chairman Expresses Optimism at China EV100 Forum

BEIJING, April 15, 2023 /PRNewswire/ — Dr Liu Jincheng, Chairman of EVE Energy, a leading lithium-ion battery manufacturer, was invited to speak at the 2023 China EV100 Forum, a three-day event focusing on the development of China’s electric vehicle industry. Dr Liu’s keynote speech titled “A New Stage for EVE Energy’s Power Battery Development” shared… Continue reading EVE Energy Chairman Expresses Optimism at China EV100 Forum

Foreign Firms Bet on Hainan Free Trade Port at 3rd CICPE

HAIKOU, China, April 15, 2023 /PRNewswire/ — A report from Hainan International Media Center (HIMC):   The 3rd China International Consumer Products Expo (CICPE, or Hainan Expo) is underway in Haikou City, the capital of China’s southernmost province, Hainan. The Hainan Expo has presented boutique brands worldwide with broad business prospects as numerous enterprises from outside… Continue reading Foreign Firms Bet on Hainan Free Trade Port at 3rd CICPE

Maritime Satellite Communication Market Expected to Reach USD 6.67 Billion by 2028: Verified Market Research®

Verified Market Research® provides a comprehensive analysis of the market share, market ranking analysis, product benchmarking, and SWOT analysis of these key players. The report also provides an in-depth analysis of the global Maritime Satellite Communication Market, including its growth prospects, market trends, and market challenges. JERSEY CITY, N.J., April 14, 2023 /PRNewswire/ — The global… Continue reading Maritime Satellite Communication Market Expected to Reach USD 6.67 Billion by 2028: Verified Market Research®