FedEx has received its first five GM-built electric delivery vans out of an order of 500, the company announced. The move represents an important landmark for FedEx in its stated goal to be have an all-electric delivery fleet and be carbon neutral around the world by 2040. “The delivery of the first BrightDrop EV600s is… Continue reading FedEx receives its first fully-electric GM Brightdrop delivery vans
Category: Tech News
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Buying a used car from your smartphone just got easier
Rodo Digital automobile marketplace Rodo announced that it has entered the used car market, enabling US consumers to instantly buy used vehicles from participating local dealers from their smartphones and computers — without having to set foot in a dealer’s lot. Since 2017, New York-based Rodo has provided an online marketplace for consumers to buy… Continue reading Buying a used car from your smartphone just got easier
The only Christmas tradition I care about is Sweden’s arson goat
If you’ve never heard of the Gävle Goat before, there are just two critical pieces of information you need to know. First: the Gävle Goat is a giant straw statue of a goat erected every Christmas in the Swedish town of Gävle. It’s essentially a massive Yule Goat, a traditional symbol of the Yuletide season… Continue reading The only Christmas tradition I care about is Sweden’s arson goat
FedEx receives its first electric delivery vans from GM’s BrightDrop
FedEx is the first customer to receive electric delivery vans from General Motors’ new EV-focused company BrightDrop. The logistics giant says it will integrate the EVs into its fleet starting in 2022. BrightDrop, which is GM’s new dedicated electric delivery van spinoff, said it delivered five of its larger-sized EV600 delivery vans to FedEx, the… Continue reading FedEx receives its first electric delivery vans from GM’s BrightDrop
Chinese asset manager Yingke PE targets to raise $157m for two RMB funds …
Shanghai-based asset manager Yingke PE has set up two new funds with a total target corpus of 1 billion yuan ($156.8 million) as it seeks to expand its portfolio of almost 300 biopharmaceutical and hard tech companies. Yingke PE, which manages over 50 billion yuan ($7.8 billion) in assets, said in a statement on Thursday… Continue reading Chinese asset manager Yingke PE targets to raise $157m for two RMB funds …
Nintendo adds five new Sega Genesis games to its Switch Online Expansion Pack
Nintendo has expanded its Expansion Pack for the Switch, adding five new Sega Genesis titles to the most expensive tier of its online subscription service. Those titles are Altered Beast, ToeJam & Earl, Dynamite Headdy, Sword of Vermilion, and Thunder Force II. The Expansion Pack subscription tier costs $49.99 annually for an individual subscription or… Continue reading Nintendo adds five new Sega Genesis games to its Switch Online Expansion Pack
Tesla expands its real-time data car insurance product to Illinois
Tesla has now expanded the availability of its real-time data car insurance product to car owners in Illinois. It’s now the third state to get Tesla Insurance and the second one with the more recent product based on real-time data from the drivers. Tesla Insurance Tesla had already introduced its own insurance product in California,… Continue reading Tesla expands its real-time data car insurance product to Illinois
KKR to buy Japanese software developer Yayoi from Orix …
Japanese financial services group Orix Corp said on Friday it will sell software developer Yayoi Co to U.S. private equity firm KKR & Co Inc for an undisclosed amount. Orix, which bought Yayoi for more than 80 billion yen ($705 million) in 2014, will complete the transaction in March and book a profit of 163.2… Continue reading KKR to buy Japanese software developer Yayoi from Orix …
Corporate services provider Sleek extends Series A round to $25m …
Sleek, a Singapore-based corporate services provider, has extended its Series A round to $25 million after bagging additional equity and debt financing. The company had in November announced raising $14 million in the round co-led by White Star Capital and Jungle Ventures. Singapore’s EDBI participated in the Series A extension, per Sleek’s announcement on Friday.… Continue reading Corporate services provider Sleek extends Series A round to $25m …
Watch top Canadian pension fund leaders speak on PE, infra bets in Asia
Top Canadian pension funds CDPQ and OMERS Infrastructure are betting big on the rapid urbanisation and growth of the middle class in Southeast Asia and India as they seek opportunities for portfolio diversification. Speaking at DealStreetAsia’s Asia PE-VC Summit 2021, CDPQ’s Leong Wai Leng and OMERS’ Prateek Maheshwari noted increasing allocation to the region. [embedded… Continue reading Watch top Canadian pension fund leaders speak on PE, infra bets in Asia