Patrizia, a German real estate investment manager, has set up a 1-billion-euro (around $1 billion)acquisition vehicle to hunt for core-plus and value-add opportunities in Japan’s multifamily sector, per an announcement. With fresh capital injection from a major Asian institutional investor, whose identity is not disclosed, the Singapore-domiciled fund is targeting Greater Tokyo and other major… Continue reading Germany-based Patrizia launches $1b Japan rental residential fundThe Singapore-domiciled fund is targeting Greater Tokyo and other major cities in Jap…
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Cautious spending, retail partners help Grab hit EBITDA breakeven in deliveriesGrab partners retailers like Jaya Grocer in Malaysia and PT Trans Retai…
Investors in Southeast Asian superapp Grab — who have seen the price of the company’s Nasdaq-listed shares more than halve this year — may finally get to see light at the end of the tunnel. The Singapore-based company’s third quarter results showed some signs that the company is moving towards profitability, at least in some… Continue reading Cautious spending, retail partners help Grab hit EBITDA breakeven in deliveriesGrab partners retailers like Jaya Grocer in Malaysia and PT Trans Retai…
Dutch lender FMO mulls $50m loan for Mongolia’s XacBank
Dutch entrepreneurial development bank FMO has proposed extending a $50-million loan to XacBank, Mongolia’s fifth-largest bank in terms of total assets, it said in a disclosure. The proposed senior unsecured loan aims to fund the growth of XacBank’s SME portfolio, especially in green lending and loans to women-owned SMEs. Go to Source
Apple makes iCloud.com look like a iPad homescreen
/ The site probably isn’t a mainstay for many Apple users, but it was definitely in need of an overhaul. It’s a very new look for Apple’s online portal to your documents, pictures, and more. Apple has updated iCloud.com to make the site look and feel significantly more modern, adding widget-like tiles that show you… Continue reading Apple makes iCloud.com look like a iPad homescreen
Cruise has expanded its driverless robotaxi service to daytime hours
Cruise is expanding its driverless ride-hailing service in San Francisco to daytime hours, Cruise CEO Kyle Vogt tweeted Wednesday. The robotaxi service is now available to employees 24 hours a day. Eventually, these expanded operating hours will be available to the public. The bolstered hours are the latest expansion of the GM subsidiary’s driverless operations… Continue reading Cruise has expanded its driverless robotaxi service to daytime hours
The Prius gets a glow-up, but it’s still just a hybrid
/ After 25 years of being bullied for its derpy looks, the 2023 Toyota Prius gets a more attractive redesign — just in time to miss the full-electric wave. Image: Toyota Toyota’s Prius has long been the ugly duckling of the eco-car market, but the automaker is finally delivering a version that’s easier on the… Continue reading The Prius gets a glow-up, but it’s still just a hybrid
How Bird clipped its own wings
The scooter startup’s accounting blunders are about more than its bottom line Alex Wilhelm 11 hours Well, those Bird results were wrong. It recently came to light that Bird, a former startup unicorn in the once-hot scooter rental market, overstated its revenue for several years, leading to the company stating in a filing with the… Continue reading How Bird clipped its own wings
Toyota premieres 5th-generation Prius plug-in
Toyota launched the global world premiere of its fifth-generation Prius from Japan this morning. The famed plug-in hybrid sees a new exterior design and will deliver a decent boost to its electric range compared to its previous generation. The Toyota Prius has been in production for over two decades and holds its spot in automotive… Continue reading Toyota premieres 5th-generation Prius plug-in
Nissan launches “EV Carefree+” to encourage ICE drivers to make the switch to electric
Nissan is charging up the EV ownership experience with its new “EV Carefree+” program launched Wednesday. The initiative aims to deliver Nissan Ariya and LEAF buyers a “positive, stress-free” experience with an all-inclusive benefits package. After debuting its first electric vehicle, the Nissan LEAF, in 2010 as one of the first mass-market pure EVs at… Continue reading Nissan launches “EV Carefree+” to encourage ICE drivers to make the switch to electric
Elon Musk has a successor in mind to be Tesla CEO
Elon Musk has a successor in mind to become the next Tesla CEO, according to new comments from Tesla board member James Murdoch. Musk has always had a strange relationship with his role as CEO of Tesla. He undoubtedly has had an incredible impact on the company, which is widely credited for significantly accelerating the… Continue reading Elon Musk has a successor in mind to be Tesla CEO