Category: Automotive

Green Motion Opens in Germany

Green Motion’s Germany team will start operations in the Bavaria and Baden-Württemberg regions covering Munich and Stuttgart International Airports. Photo: Green Motion Green Motion announced the opening of operations in Germany for the first time, starting with Munich Airport. This is another step in Green Motion’s journey of expansion in Europe.  The Franchise has been awarded to business owner… Continue reading Green Motion Opens in Germany

HyreCar Files for Bankruptcy, Prepares for Sale

Third parties will have the opportunity to bid on HyreCar’s assets. An initial competing bid must meet certain conditions and exceed the stipulated value of Holmes’s bid of $7.75 million by at least $457,500. Photo: Canva Carsharing service HyreCar Inc. has announced that it voluntarily initiated a Chapter 11 proceeding in the U.S. Bankruptcy Court for… Continue reading HyreCar Files for Bankruptcy, Prepares for Sale

Heritas Capital secures $20m first close of impact fund, DBS joins as anchor investor

Singapore-based Heritas Capital has secured the first close of its Asia Impact First Fund (AIFF) at $20 million, according to a statement on Wednesday. DBS Foundation, part of the Singapore-listed financial services firm DBS, was the anchor investor with a $10 million commitment. Other limited partners that joined the fund include Tsao Family Office, IMC Group,… Continue reading Heritas Capital secures $20m first close of impact fund, DBS joins as anchor investor

Asia Digest: Malaysia’s Eco-Shop Marketing eyes IPO; IHH invests in Singapore’s Intellect

Creador Capital-backed budget retail chain Eco-Shop Marketing is likely to list in Malaysia, while Singapore-based mental platform Intellect has secured an investment from IHH Healthcare. Eco-Shop Marketing mulls $179m IPO Malaysia-based budget retail chain Eco-Shop Marketing is reportedly considering an initial public offering (IPO) on the Kuala Lumpur stock exchange, with a potential to raise… Continue reading Asia Digest: Malaysia’s Eco-Shop Marketing eyes IPO; IHH invests in Singapore’s Intellect

Global bank stocks breathe easy after regulators, bankers move to allay fears

Battered Japanese bank stocks clawed back some of their heavy losses on Wednesday, as regulators and financial executives hosed down investor concerns about contagion after the collapse of Silicon Valley Bank (SVB). Markets and financial authorities remained on edge, however, with U.S. deposit holders seeking the safety of larger banks amid growing worries about the health of smaller institutions and the… Continue reading Global bank stocks breathe easy after regulators, bankers move to allay fears

Australian pension funds not doing enough on decarbonisation, says activist investor group

Australia’s five largest pension funds were not doing enough to push fossil fuel companies toward decarbonisation, activist investor group Market Forces said on Wednesday, arguing their environmental commitments could amount to greenwashing. The term ‘greenwashing’ describes exaggerated and misleading claims that suggest an entity are stewards of the environment without real action. Market Forces said… Continue reading Australian pension funds not doing enough on decarbonisation, says activist investor group

@VINFAST: Vingroup : VinBrain becomes NVIDIA Inception Premier Member

VinBrain has become a Premier member of NVIDIA Inception, a global program that provides cutting-edge startups with access to accelerated computing resources and more. By teaming up with NVIDIA, VinBrain is poised to transform HealthTech innovation in Southeast Asia, building on its previous successful collaborations with Microsoft and Stanford University.As a Premier member of NVIDIA… Continue reading @VINFAST: Vingroup : VinBrain becomes NVIDIA Inception Premier Member

DADA Now’s Automobile Delivery Service Fulfills 3.3 million orders in 60 cities Across China

SHANGHAI, March 15, 2023 /PRNewswire/ — The on-demand delivery service platform from Dada Group (Nasdaq: DADA) (“Dada”), Dada Now, has recently launched an automobile delivery service, to better support small and medium enterprises (SMEs). To date, the automobile delivery service has been launched in more than 60 cities nationwide, including Beijing, Harbin, Fuzhou, Changsha, Hefei and… Continue reading DADA Now’s Automobile Delivery Service Fulfills 3.3 million orders in 60 cities Across China