Untitled

June 29 (Reuters) – Typeface, a generative AI platform for enterprise content creation, said on Thursday that it was valued at $1 billion after an oversubscribed Series B funding round led by Salesforce’s (CRM.N) global investment arm, bringing the total capital raised to $165 million. The $100 million round also saw participation from Lightspeed Venture… Continue reading Untitled

Warburg Pincus bullish on early-stage investments in China’s real estateThe PE giant targets new economy assets or ‘tech-enabled businesses’ in the co…

US private equity titan Warburg Pincus continues to be bullish on early-stage investments in China’s property sector as it targets new economy assets or “tech-enabled businesses” in the country.  “Our approach is to start earlier in the game so that we have more time to navigate the landscape and spend more time with potential partners… Continue reading Warburg Pincus bullish on early-stage investments in China’s real estateThe PE giant targets new economy assets or ‘tech-enabled businesses’ in the co…

China Digest: Qiniu, Unisound AI Technology file for Hong Kong IPO

Unisound AI Technology has shifted its planned Shanghai IPO to Hong Kong, while Qiniu too has applied to go public in the financial hub.   Qiniu files for IPO in Hong Kong Chinese audiovisual cloud service provider Qiniu filed for an initial public offering in Hong Kong on Thursday, without divulging the size and timeline of… Continue reading China Digest: Qiniu, Unisound AI Technology file for Hong Kong IPO

@Groupe PSA: OP The Art of the Comeback000545

It was November 1988 when the enthusiastic motorsport enthusiast Thomas Scheid deregistered his beloved Opel Rallye 2.0 E. His daughter Julia had just been born. That’s why he decided to renounce his great passion in order to be able to devote himself to his new job as a family man. He always knew: “One day… Continue reading @Groupe PSA: OP The Art of the Comeback000545

Chairman of the Board of Avia Solutions Group Gediminas Ziemelis: The reason your flight is delayed or canceled? A lack of aircraft engines

DUBLIN, June 29, 2023 /PRNewswire/ — Aviation has been plagued by supply-chain constraints which have affected every part of the industry. In the aftermath of the COVID pandemic, engine manufacturers have faced challenges due to a scarcity of skilled mechanics and component shortages. Here, the Chairman of Avia Solutions Group, Gediminas Ziemelis, explains how the… Continue reading Chairman of the Board of Avia Solutions Group Gediminas Ziemelis: The reason your flight is delayed or canceled? A lack of aircraft engines

Growth for Growth: utu Expansion to Harness Booming Middle East Travel

Travel-tech company raises US$33 Million, Acquires SC Ventures-Incubated CardsPal to Bring More Value to Travellers DUBAI, UAE, June 29, 2023 /PRNewswire/ — utu, a travel technology company transforming the customer experience in tax-free shopping, has closed a deal of US$33 million in combined transaction value. The deal, comprising of an acquisition and a funding round, consists… Continue reading Growth for Growth: utu Expansion to Harness Booming Middle East Travel

Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme

Accredited to provide trusted solutions for financial and supply chain planning across financial services and tech, media, and telecoms (TMT) sectors; accreditations for other industries and functions are expected soon. LONDON, June 28, 2023 /PRNewswire/ — Vuealta, a global leader in the design and delivery of powerful scenario planning and forecasting software solutions based on… Continue reading Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme

GMF CAPITAL ACQUIRES MOTORSPORT NETWORK MEDIA LLC

GMF Media to have Controlling Majority Stake in the World’s Largest Motorsport Racing and Automotive Digital Platform NEW YORK, June 28, 2023 /PRNewswire/ — GMF Capital (GMF), the family office for Gary Fegel and a leading private investment firm, today announced it has completed the acquisition of Motorsport Network Media LLC (MSNM), a global digital… Continue reading GMF CAPITAL ACQUIRES MOTORSPORT NETWORK MEDIA LLC

Neta Auto Chairman: NEVs to serve as digital mobile terminals

BANGKOK, June 28, 2023 /PRNewswire/ — The 16th World Chinese Entrepreneurs Convention was inaugurated in Thailand on June 25, bringing together over 3,000 Chinese entrepreneurs from all over the world. Fang Yunzhou, founder and chairman of Neta Auto, was invited to the event as a Chinese NEV entrepreneur representative, who delivered a speech entitled “New Energy… Continue reading Neta Auto Chairman: NEVs to serve as digital mobile terminals

Mats Backman new Chief Financial Officer and member of the Volvo Group Executive Board

GOTHENBURG, Sweden, June 29, 2023 /PRNewswire/ — Mats Backman has been appointed as Chief Financial Officer and a new member of Volvo Group’s Executive Board. He will succeed Jan Ytterberg, who as previously communicated, will continue as Volvo Group senior advisor. Mats Backman has held many senior positions in Swedish industry and has extensive international… Continue reading Mats Backman new Chief Financial Officer and member of the Volvo Group Executive Board