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Vantage Point: Blibli bets on better product mix and pricing strategy to improve margins

This weekly newsletter chronicles top digital themes and trends playing out in SE Asia, especially Indonesia. We will decode policy and regulatory changes affecting digital economy sectors, crunch earnings data of top players, track developments related to gig economy workers and attempt to piece together ecosystem buildouts in some of the fastest-growing, venture-backed plays. You… Continue reading Vantage Point: Blibli bets on better product mix and pricing strategy to improve margins

Toyota explores UK investments after hybrid ban postponed

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Toyota Hilux adds hybrid option for 2024

The idle speed has been reduced from 720rpm to 600rpm too, which, Toyota says, will make the truck easier to control. The firm adds that special attention has been paid to waterproofing the new electrical components so the Hilux Hybrid can still wade at depths of up to 700mm. Load-lugging abilities are unchanged, with a maximum payload… Continue reading Toyota Hilux adds hybrid option for 2024

Toyota reveals affordable urban crossover as smallest, cheapest EV

The compact new Urban Crossover concept previews one of five new electric cars that Toyota will launch in Europe within the next two years. Positioned as a rival to the likes of the Jeep Avenger and Mini Aceman, it arrives as the Japanese firm accelerates the expansion of its electric car line-up in the run-up to… Continue reading Toyota reveals affordable urban crossover as smallest, cheapest EV

Chinese aerospace startup Gesi raises $85m as it moves into production by end 2023

Shanghai Gesi Aerospace Technology, a Chinese startup providing R&D and smart manufacturing solutions to civil and commercial satellites, has secured almost 600 million yuan ($84.8 million) in a Series A funding round. Shanghai-based Gesi raised the proceeds from domestic investors including CAS Capital, an investment arm of state capital operator CAS Holdings, and Shanghai’s government… Continue reading Chinese aerospace startup Gesi raises $85m as it moves into production by end 2023

Zephyr Peacock upsizes fourth India fund to $200-250m; eyes first close in JulyZephyr Peacock expects to make 20-25 investments from the fund.

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The LP View: Flexstone bets on Asia, secondaries as global outlook towards PE shifts

The reversal in global markets has risen in tandem with several macro challenges – a rising rate environment, global inflation, and the denominator effect in public markets — which have in turn led to a wider shift in perspectives towards private equity (PE) investing. Go to Source

SG Digest: Neobank iPeakoin raises $10m; Nod for VTAC merger with 17Live

iPeakoin, a neobank dual headquartered in Singapore and Hong Kong, has raised almost $10 million in its Series A funding round while shareholders of Temasek-backed blank cheque firm Vertex Technology Acquisition Corporation (VTAC) have voted to merge with 17Live. Neobank iPeakoin secures nearly $10m in Series A iPeakoin, a neobank dual headquartered in Singapore and… Continue reading SG Digest: Neobank iPeakoin raises $10m; Nod for VTAC merger with 17Live

EV sales in India jump 50% to 1.38 million units in January-November 2023

India’s electric vehicle (EV) growth story continues to make the big numbers and just got better with November coming to a close. Total all-India EV sales in November 2023 (as per Vahan on December 3, at 8am) were 152,610 units, up 26% year on year (November 2022: 121,598 units) and just 5,810 units fewer than… Continue reading EV sales in India jump 50% to 1.38 million units in January-November 2023