Sequoia India-backed online gaming platform Mobile Premier League (MPL) recorded a 29% increase in group revenue in the financial year ended March 31, 2022, according to its latest regulatory filings. The company narrowed its total comprehensive loss slightly to $195.2 million from $199.5 million a year ago, its filings with Singapore’s Accounting and Corporate Regulatory… Continue reading India’s Mobile Premier League reports 29% revenue surge in 2021 as losses narrow
Category: Automotive
Australia’s Mandalay Venture Partners hits $10m first close of debut Asia agrifood fund
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Tim Cook and President Biden came to Arizona to announce plans for American-made chips
/ AMD and Nvidia will also be customers at TSMC’s Phoenix fab, which will start producing chips in 2024 and add a new site in 2026. Tim Cook joined other tech leaders in touting the advantages of buying chips made in the US. Apple plans to start using processors made in America following the opening… Continue reading Tim Cook and President Biden came to Arizona to announce plans for American-made chips
American Battery Factory’s first ‘gigafactory’ inches toward reality
American Battery Factory’s big plan to build a bunch of, erm, American battery factories got a jolt Tuesday when Tucson, Arizona, gave the company the go-ahead to locate its first plant near the city’s airport. Over the course of a decade, ABF says it will pump around $1.2 billion into the facility, claiming it will be… Continue reading American Battery Factory’s first ‘gigafactory’ inches toward reality
Locus Launches Delivery Linked Checkout, A First-Of-Its-Kind Integrated Capability Enabling Retail Businesses to Achieve Profitability in Last-Mile Logistics
Latest addition to the company’s Dispatch Management Platform allows businesses to offer a range of choices in delivery speeds and channels to their customers SAN FRANCISCO, Dec. 7, 2022 /PRNewswire/ — Locus, a leading-edge technology company solving for excellence in last-mile logistics, today announced the launch of Delivery Linked Checkout (DLC), a first-of-its-kind integrated capability… Continue reading Locus Launches Delivery Linked Checkout, A First-Of-Its-Kind Integrated Capability Enabling Retail Businesses to Achieve Profitability in Last-Mile Logistics
Opening of Archival Displays to Accompany Walt Disney’s Grumman Gulfstream I Airplane at The Palm Springs Air Museum
PALM SPRINGS, Calif., Dec. 5, 2022 /PRNewswire/ — On Monday, December 5, 2022, the Palm Springs Air Museum, celebrated Walt Disney’s birthday with a VIP party and the opening of a new exhibit to accompany Walt Disney’s Grumman Gulfstream I airplane. Rarely exhibited items from the interior of the aircraft—also known affectionately as “The Mouse”—are… Continue reading Opening of Archival Displays to Accompany Walt Disney’s Grumman Gulfstream I Airplane at The Palm Springs Air Museum
CMA CGM to acquire flagship terminals in the Port of New York and New Jersey
GCT Bayonne and GCT New York terminals: leading assets with an ambitious development plan to support U.S. supply chains for all operators. New York port area: a strategic gateway on the U.S. East Coast strengthening the CMA CGM global footprint in the U.S. Acquisition completes CMA CGM’s portfolio of 7 terminals in the U.S. and… Continue reading CMA CGM to acquire flagship terminals in the Port of New York and New Jersey
Rwanda announced as next WTTC Global Summit host
At close of Riyadh event, WTTC releases record breaking figures for Saudi tourism RIYADH, Saudi Arabia, Dec. 6, 2022 /PRNewswire/ — During the closing session of the World Travel & Tourism Council’s (WTTC) Global Summit in Riyadh, the Rwandan capital of Kigali, was announced as the host city for 2023, marking the first time the event will… Continue reading Rwanda announced as next WTTC Global Summit host
Market Forces Changing Across Ag, Machinery, and Truck Industries as Year End Approaches
LINCOLN, Neb., Dec. 6, 2022 /PRNewswire/ — The latest market reports from Sandhills Global reveal mixed signals across Sandhills marketplaces. Used heavy-duty truck and semitrailer markets, for example, are still accruing inventory, continuing a recovery trend that began in Q2 2022 after a period of historic inventory lows. As inventory grows, used heavy-duty truck and… Continue reading Market Forces Changing Across Ag, Machinery, and Truck Industries as Year End Approaches
Ford CEO reveals two of three Ford dealers buy into all-electric strategy
Ford Motor Co. has secured commitments from two of every three dealers who plan to go all-in on selling electric vehicles, CEO Jim Farley revealed during an interview Monday afternoon. Of the estimated 3,000 Ford dealers in the U.S., 1,920 have enrolled in the voluntary Model e Program for the initial 2024 to 2026 period,… Continue reading Ford CEO reveals two of three Ford dealers buy into all-electric strategy