Ninja Van Group, Southeast Asia’s tech-enabled express logistics company, is investing $50 million in automation technology and systems to enhance parcel processing capabilities across its key parcel sorting hubs, according to an announcement. This investment is in line with the company’s continued focus on driving greater operational efficiency and building the infrastructure and processes to… Continue reading SG logistics firm Ninja Van invests $50m to automate parcel processing systems
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Uber wants court to nullify Kenya’s new ride-hailing law that caps service fee at 18%
Uber has appealed to Kenya’s apex court to annul the new digital taxi-hailing regulations claiming that some aspects are unconstitutional, discriminatory, discouraging to foreign investments, and infringe on its rights and those of its riders and partners. The regulations, set to come into effect in a few weeks, have been in development since 2016 when… Continue reading Uber wants court to nullify Kenya’s new ride-hailing law that caps service fee at 18%
Apple TV and Fire TV devices get surround sound support for YouTube TV
You can now enjoy surround sound while streaming YouTube TV content on your Apple TV and Fire TV devices. As The Verge reports, the streaming television service has expanded the list of devices supporting its shows and movies with 5.1 audio after rolling out the capability to Android TV, Google TV and Roku devices back… Continue reading Apple TV and Fire TV devices get surround sound support for YouTube TV
Chinese EV maker BYD buys land to set up plant in ThailandThe facility may roll out 150,000 passenger cars a year from 2024
Chinese electric vehicle (EV) maker BYD on Thursday announced it would set up a facility in Thailand to start producing 150,000 passenger cars a year from 2024. BYD announced in a joint statement with Thai industrial developer WHA Group that a purchase agreement had been signed for 96 hectares (237.22 acres) of land in the eastern province of Rayong for the plant. China’s biggest manufacturer… Continue reading Chinese EV maker BYD buys land to set up plant in ThailandThe facility may roll out 150,000 passenger cars a year from 2024
General Atlantic-backed Indian eye-care chain ASG readies plan to launch IPO
Jodhpur-headquartered ASG Eye Hospitals, which recently raised a whopping $188 million (Rs 1,500 crore) led by PE firms General Atlantic and Kedaara Capital, has initiated plans to prepare for a public market listing in India, its top executives told DealStreetAsia. As part of the exercise, it has set up an IPO office in Mumbai with… Continue reading General Atlantic-backed Indian eye-care chain ASG readies plan to launch IPO
Asia Digest: Sequoia launches startup expansion platform; ESR forms S Korea data centre JV
Tech investment firm Sequoia India & Southeast Asia has launched Pathfinders, a platform to help regional early-stage startups expand globally through its network of senior entrepreneurs. Meanwhile, real estate manager ESR has forged a joint venture with STACK Infrastructure to develop a data centre in South Korea. Sequoia launches expansion programme for startups in India,… Continue reading Asia Digest: Sequoia launches startup expansion platform; ESR forms S Korea data centre JV
People Digest: RealVantage names former ARA top exec as chairman; Temasek Trust appoints CEO
Singapore-based real estate investment platform RealVantage has appointed Ng Beng Tiong as chairman of the board of directors while Desmond Kuek, who is head of sustainable finance for Asia-Pacific at UBS, is reported to join Temasek Trust as its chief executive, effective January next year. RealVantage names chairman RealVantage has appointed Ng Beng Tiong as… Continue reading People Digest: RealVantage names former ARA top exec as chairman; Temasek Trust appoints CEO
Data Vantage: Klub, Paywatch, Coolmate and Pomelo Fashion secure funding
Fintech startup Klub, which provides growth financing to digital brands, received $10 million in fresh funding this week from investors, including 9Unicorns and return backer Surge. In 2021, the company had raised $20 million in seed funding from US-based investor Alter Global and Japan-based GMO VenturePartners. Earlier this week, Klub announced the final close of its… Continue reading Data Vantage: Klub, Paywatch, Coolmate and Pomelo Fashion secure funding
Clean Technica: Tesla 4680 Battery Update — Scaling Up Is Hard Work002229
Three years ago, Tesla acquired Maxwell Technologies, a company that specialized in making advanced ultracapacitors. But Tesla didn’t buy the company for that. It bought Maxwell because of its dry cathode expertise, knowledge essential to manufacturing the 4680 battery cells Tesla was planning. That technology allows Tesla to eliminate the more complex and costly wet-coating… Continue reading Clean Technica: Tesla 4680 Battery Update — Scaling Up Is Hard Work002229
Clean Technica: Conversations: Tesla #2 In California Auto Market, How Tesla Can Dominate The Future, & Dodge’s Fart Machine002228
If you’re a dedicated listener to our CleanTech Talk podcast channel, or at least our CleanTech Roundtalk (where Steve, Jo, and I ramble, argue, and laugh about various cleantech topics), then you may have already listened to all of these episodes. If not, below are a few recent conversations we had regarding a handful of… Continue reading Clean Technica: Conversations: Tesla #2 In California Auto Market, How Tesla Can Dominate The Future, & Dodge’s Fart Machine002228