Nintendo is famous for having a family—friendly image and game that people of all ages can enjoy. But a report by Kotaku paints the picture of a company that’s not so different from other gaming giants that had previously been accused of fostering a “frat boy” workplace culture. The publication talked to several female game… Continue reading New report details sexual harassment and gender discrimination at Nintendo of America
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Chinese ceramic chip capacitor maker Viiyong bags $295mViiyong is backed by Chinese smartphone brands Xiaomi and Oppo.
Viiyong, a Chinese manufacturer of multi-layer ceramic chip capacitors (MLCCs), has secured almost 2 billion yuan ($294.8 million) in its Series B, and B+ rounds of financing to advance R&D and expand production capacity. Viiyong, whose shareholders include Chinese smartphone brands Xiaomi and Oppo, plans to further invest in production facilities for its newly-built plants… Continue reading Chinese ceramic chip capacitor maker Viiyong bags $295mViiyong is backed by Chinese smartphone brands Xiaomi and Oppo.
Alternative investment firm PAG may delay $2b Hong Kong IPO: Report
Asia-focused investment manager PAG might delay its $2-billion Hong Kong IPO until next year, according to a Bloomberg report. While the plan to list is still on, the report said the setback was due to the stock market volatility that could send prices down and lead to gloomy trading. Bloomberg, citing sources, said the IPO… Continue reading Alternative investment firm PAG may delay $2b Hong Kong IPO: Report
Citi appoints Aveline San as chief executive of Hong Kong, Macau businesses
Citigroup said on Wednesday it has appointed Aveline San as the chief executive of its Hong Kong and Macau businesses. San, who has 25 years experience in banking, replaces Angel Ng, who was appointed Asia head of Citi Global Wealth in April. In a statement, Citi said San joined the bank in 2019 as the regional compliance officer for Asia Pacific and had previously spent 14 years with UBS. San will report to Citi‘s head of… Continue reading Citi appoints Aveline San as chief executive of Hong Kong, Macau businesses
SG-headquartered e-commerce startup Graas snags $40m in Series A
Singapore-headquartered e-commerce startup Graas has raised over $40 million in a Series A funding round led by Kejora-backed special purpose vehicle Galaxy, Performa, Integra Partners, Yuj Ventures and AJ Capital, according to media reports on Tuesday. The round also saw participation from some of Southeast Asia and India’s “best know angel investors and industry leaders,”… Continue reading SG-headquartered e-commerce startup Graas snags $40m in Series A
EV charging startup Exponent Energy raises $13m round led by Lightspeed IndiaThe deal marks Lightspeed’s first investment in the EV space in India.
Exponent Energy, a startup developing fast-charging batteries for electric vehicles, has raised $13 million in a Series A funding round led by Lightspeed India. The deal marks Lightspeed’s first investment in the EV space in India. Other existing investors such as YourNest VC, 3one4 Capital & AdvantEdge VC also participated in the funding round, which… Continue reading EV charging startup Exponent Energy raises $13m round led by Lightspeed IndiaThe deal marks Lightspeed’s first investment in the EV space in India.
BlackRock Real Assets to buy out Australian battery developer Akaysha Energy
BlackRock Real Assets, the realty investment arm of global asset manager Blackrock, has agreed to buy out Melbourne-based battery storage and renewable energy development Akaysha Energy for an undisclosed amount. As part of the proposed acquisition, BlackRock Climate Infrastructure, a fund managed by BlackRock Real Assets, will inject over A$1 billion ($700 million) into Akaysha’s… Continue reading BlackRock Real Assets to buy out Australian battery developer Akaysha Energy
Missfresh implosion highlights challenges facing online grocery sector
Late last month, dozens of sacked employees of Nasdaq-listed Missfresh Ltd. crowded a government-run labor arbitration office in Beijing, demanding months-worth of unpaid wages and compensation for their sudden firing. The previous day, the online grocer had laid off most of its staff and closed its core express grocery delivery business, which had accounted for 85% of its revenue.… Continue reading Missfresh implosion highlights challenges facing online grocery sector
Cleantechnica: 12% Of New Cars Now Fully Electric In France!002181
Plugin vehicles continue to rise in France, with last month’s plugin vehicle registrations ending at 20,038 units, divided between 12,812 BEVs (or 12% share of the overall auto market) and 7,226 PHEVs (7% share of the overall auto market). The former was up 69% year over year (YoY), while the latter was down a harsh… Continue reading Cleantechnica: 12% Of New Cars Now Fully Electric In France!002181
Hearing Aids Will Be Available Over-The-Counter Starting This Fall, FDA Says
No doctors, no wait. Getting Aid For the millions of Americans with hearing loss, a hearing aid is a life-changing but often prohibitively expensive solution. Neither covered by Medicare nor available over-the-counter, patients currently have to shell out the big bucks and get a doctor’s approval. But not anymore: the FDA says it’s creating a new… Continue reading Hearing Aids Will Be Available Over-The-Counter Starting This Fall, FDA Says