Hidden Hill Capital, the private equity (PE) arm of global logistics giant GLP, has closed its second RMB-denominated PE fund at almost 8 billion yuan (over $1.1 billion), the parent company announced on Tuesday. The new fund attracted capital commitments from both existing and new limited partners (LPs), including insurance firms, industry capital, funds-of-funds (FOFs),… Continue reading GLP-backed Hidden Hill Capital closes second RMB-denominated PE fund at over $1.1bThe vehicle will invest in modern logistics services, and innovative…
Category: Tech News
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Vantage Point: 2024 will see Indonesian tech startups balance growth and profitability goals
The Vantage Point weekly newsletter will be taking a break from your inboxes. In our 108 editions so far, we have presented insights and analysis of key developments related to the digital economy space in SE Asia, particularly Indonesia. You can access all the Vantage Point weekly posts here. We will be back with updates… Continue reading Vantage Point: 2024 will see Indonesian tech startups balance growth and profitability goals
DFC approves loan to Indonesian geothermal producer Medco Cahaya
US development bank International Development Finance Corporation (DFC) has approved more than $126 million worth of investments in companies based in, or focused on, Asia, including India. The deals were part of the $3.3 billion that DFC approved at the board and sub-board levels during its fiscal first quarter of financial year 2024 (Q1 FY2024),… Continue reading DFC approves loan to Indonesian geothermal producer Medco Cahaya
VC activity to see uptick in Asia in 2024 but investors will continue to exercise caution
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Tesla is sneakily testing Fremont-built refreshed Model 3 vehicles
The launch of the Tesla Model 3 refresh in North America might finally be close as we learn that the automaker is sneakily testing Fremont-built Model 3 HIghland in the US. Tesla launched the Model 3 Highland, a refreshed version of its popular electric sedan, all the way back in the summer of 2023. But… Continue reading Tesla is sneakily testing Fremont-built refreshed Model 3 vehicles
Here are the only Tesla vehicles that now have access to the $7,500 EV incentive
Tesla has officially revealed its electric vehicles that still retain access to the $7,500 federal incentive following the rule changes in 2024. Over the last few months, Tesla has released a bunch of new statements about changes to the eligibility of its electric vehicles to the federal tax credit in 2024. We are still calling… Continue reading Here are the only Tesla vehicles that now have access to the $7,500 EV incentive
Clean Technica: How Will Other Cars Charge At Superchargers In 2024?003174
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! As 2024 approaches, we’re not far from a big change in the EV charging scene. But, it’s not entirely clear how it’s going to work. Some Background For those unfamiliar, there are three competing charging plug standards in the… Continue reading Clean Technica: How Will Other Cars Charge At Superchargers In 2024?003174
First seen Cybertruck charging curve disappoints, but is that the whole story?
The Tesla Cybertruck, Tesla’s first vehicle to fully utilize its larger 4680-format cell, has been out for about a month now. But with only limited quantities on the road in the public’s hands, there have still been a lot of questions about the vehicle. Now we’ve got an answer to one of the most important… Continue reading First seen Cybertruck charging curve disappoints, but is that the whole story?
These Rogue Worlds Upend the Theory of How Planets Form
“We know from direct imaging searches of young stars that very few stars have giant planets in [wide] orbits,” Bate said. “It is difficult to accept that there were many large planetary systems in Orion to disrupt.” Rogue Objects Abound At this point, many researchers suspect there’s more than one way to make these strange in-between… Continue reading These Rogue Worlds Upend the Theory of How Planets Form
20 Things That Made the World a Better Place in 2023
It’s been hard recently to think about anything other than the wars and humanitarian crises raging around the world. Climate change has left its mark in what was almost certainly the hottest year in human history—there were unprecedented heat waves, intensified forest fires, torrential rain, and floods like those in Libya that caused devastation after… Continue reading 20 Things That Made the World a Better Place in 2023