SYDNEY, Nov. 15, 2022 /PRNewswire/ — Ascenda, the global rewards technology company, today announced its partnership with Star Alliance, the world’s first and leading airline alliance, to power the innovative customer value proposition for the anticipated new HSBC Star Alliance credit card. Continue Reading The HSBC Star Alliance credit card reimagines the loyalty experience for Australian… Continue reading Ascenda powers the new HSBC Star Alliance credit card
Category: Automotive
LOSSAN Board Appoints Jason Jewell as Managing Director
Jewell has served as interim director since April and has extensive experience in transportation and finance ORANGE, Calif., Nov. 15, 2022 /PRNewswire/ — Jason Jewell is appointed Managing Director of the Los Angeles-San Diego-San Luis Obispo (LOSSAN) Rail Corridor Agency, the second busiest intercity passenger rail corridor in the nation. The LOSSAN Rail Corridor Agency… Continue reading LOSSAN Board Appoints Jason Jewell as Managing Director
AirShow China 2022: El dron táctico LoongUAV atrae la atención
ZHUHAI, China, 15 de noviembre de 2022 /PRNewswire/ — El 13 de noviembre de 2022, finalizó exitosamente el 14.° Airshow China en Zhuhai. En este espectáculo aéreo se exhibieron muchos productos UAV interesantes, como el UAV de inspección y ataque a gran escala WJ-700 “Falcon” de la Tercera Academia de Ciencia e Industria Aeroespacial, el UAV de… Continue reading AirShow China 2022: El dron táctico LoongUAV atrae la atención
SpaceX said to be in talks to raise nearly $1b at $150b valuationThe ongoing talks offer SpaceX’s share at about $85 apiece, up from the $125b valuati…
Billionaire Elon Musk’s SpaceX is in talks to raise nearly $1 billion in a new round that would value the rocket-launch and satellite company at about $150 billion, sources told Reuters. The ongoing talks offer SpaceX‘s share at about $85 apiece, up from the $125 billion valuation the company fetched earlier this year, sources said, suggesting strong investors’ appetite while many late-stage venture capital-backed startups have to cope with valuation cut. Bloomberg News first reported the raise on Tuesday. SpaceX did not respond to a… Continue reading SpaceX said to be in talks to raise nearly $1b at $150b valuationThe ongoing talks offer SpaceX’s share at about $85 apiece, up from the $125b valuati…
Former GIC exec’s Growtheum Capital expected to close debut fund early next yearThe PE firm is said to have raised at least $550m for SEA Fund I, out …
Growtheum Capital Partners, set up by former GIC managing director of private equity Amit Kunal, has secured capital commitments for over half its debut fund, DealStreetAsia has learnt. The private equity firm has raised at least $550 million for SEA Fund I, out of a target of $800 million, from a spate of institutional investors,… Continue reading Former GIC exec’s Growtheum Capital expected to close debut fund early next yearThe PE firm is said to have raised at least $550m for SEA Fund I, out …
Indonesia’s Bank Amar banking on Investree’s ecosystem to return to profit
Indonesian lender Bank Amar is looking to swing back to profit next year on a 50% jump in disbursements, as it leverages Investree’s ecosystem to shore up its SME (small and medium enterprises) portfolio, a top executive told DealStreetAsia. In an exclusive interaction with DealStreetAsia, Bank Amar chief financial officer David Wirawan said its lending… Continue reading Indonesia’s Bank Amar banking on Investree’s ecosystem to return to profit
Indonesian furniture startup Dekoruma said to have raised fresh funding
Indonesian home decor platform Dekoruma is said to have completed a new financing round worth “tens of millions of dollars”, led by a fund owned by local conglomerate Djarum Group, according to a WeChat post by the venture capital firm Ondine Capital last week. Dekoruma’s existing investors, including Ondine Capital, OCBC, and Nexter Ventures, the… Continue reading Indonesian furniture startup Dekoruma said to have raised fresh funding
IFC launches $225m VC platform targeting startups in underserved regions
World Bank Group member International Finance Corporation (IFC) has launched a $225-million venture capital platform that will invest in early-stage startups in what it described as underserved regions. Specifically, IFC said the fund will invest in early-stage companies in Africa, the Middle-East, Central Asia, and Pakistan that address challenges in climate, healthcare, education, agriculture, e-commerce,… Continue reading IFC launches $225m VC platform targeting startups in underserved regions
PE giant Blackstone sets up first Asian data centre vehicle
Wall Street private equity giant Blackstone launched its first-ever data centre platform, Asia Lumina CloudInfra, on Tuesday. Owned and run by Blackstone’s Real Estate and Tactical Opportunities funds, the platform already has a couple of hyperscale data centres in India in its pipeline, according to an announcement on Tuesday. Lumina will look to expand its… Continue reading PE giant Blackstone sets up first Asian data centre vehicle
Uber, Lyft to pay NYC drivers more by end of year
Uber and Lyft will have to increase the minimum pay rates for drivers in New York City by the end of the year, Engadget reports. The fare increase comes amid a driver shortage post-pandemic, in large part due to rising operational costs. The city’s Taxi and Limousine Commission (TLC) voted to increase the per-minute rates… Continue reading Uber, Lyft to pay NYC drivers more by end of year