TORONTO, Sept. 28, 2023 /PRNewswire/ — Cardata, a leading provider of tax-compliant mileage reimbursement software to leading global organizations, today announced a new round of growth investment led by Wavecrest Growth Partners, with participation from MassMutual Ventures. Founded in 1999, Cardata provides a suite of reimbursement software, compliance programs, and business intelligence tools for companies whose… Continue reading Cardata Raises $100M in Capital to Accelerate Growth and Investment in Product Innovation
Tag: Financial Results
China’s Nio explores investment, tech alliances with Mercedes
One of the sources said Nio approached Mercedes with the tie-up proposal, but said it faced resistance within the German company that discussed it internally in recent weeks, and that it was highly likely it would not proceed. Nio has held exploratory talks with Mercedes-Benz for a tie-up that would see the German automaker invest… Continue reading China’s Nio explores investment, tech alliances with Mercedes
Cred launches vehicle management platform Cred Garage, makes first move into motor insurance distribution
Cred has been pushing to ensure stickiness on its platform, diversifying from just offering credit card bill payments, and has launched features such as the Unified Payments Interface on its app in recent months. Garage is another effort to keep users stay with it. Fintech startup Cred has launched a new platform, Garage, through which… Continue reading Cred launches vehicle management platform Cred Garage, makes first move into motor insurance distribution
Jacobs Declares Quarterly Dividend
DALLAS, Sept. 28, 2023 /PRNewswire/ — The Board of Directors of Jacobs (NYSE:J) has declared a quarterly cash dividend payable to shareholders in the amount of $0.26 per share of Jacobs common stock. This dividend will be paid on Nov. 9, 2023 to shareholders of record as of the close of business on Oct. 27, 2023.… Continue reading Jacobs Declares Quarterly Dividend
Redditors will now be forced to see personalized ads
Reddit has announced a slew of changes to its user preference settings, the most notable being that users will no longer have a say in whether they see personalized ads based on their site activity. Reddit’s Head of Privacy, Jutta Williams, shared a breakdown of the impending updates in a post to r/reddit on Wednesday… Continue reading Redditors will now be forced to see personalized ads
Qiming Venture Partners’ portfolio company Tuhu Car Successfully Listed on the Hong Kong Stock Exchange
SHANGHAI, Sept. 26, 2023 /PRNewswire/ — Qiming Venture Partners’ portfolio company Tuhu Car, China’s leading one-stop car service platform, successfully listed on the Hong Kong Stock Exchange. The issue price of Tuhu Car (SEHK:9690) was HK$28 per share, representing a market capitalization of about HK$ Billion 22.75. As an early investor, Qiming invested in Tuhu… Continue reading Qiming Venture Partners’ portfolio company Tuhu Car Successfully Listed on the Hong Kong Stock Exchange
How Growing Adoption of Electric Vehicles and Energy Storage Systems are Boosting Growth in Lithium Industry
FinancialNewsMedia.com News Commentary PALM BEACH, Fla., Sept. 26, 2023 /PRNewswire/ — Rapid advancements in rechargeable batteries for laptops, mobile phones, electric vehicles, and digital cameras, are being driven by the growth in the Lithium-ion Battery (LIB) market. Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of… Continue reading How Growing Adoption of Electric Vehicles and Energy Storage Systems are Boosting Growth in Lithium Industry
BICES 2023: XCMG Machinery Takes Center Stage with Intelligent and Eco-Friendly Construction Machinery
BEIJING, Sept. 26, 2023 /PRNewswire/ — Leading construction machinery manufacturer XCMG Machinery (“XCMG”, SHE:000425) has exhibited 28 flagship equipment products from eight major sectors, innovative intelligent technologies, and comprehensive set solutions at the 16th China Beijing International Construction Machinery, Building Material Machines, and Mining Machines Exhibition & Seminar (BICES 2023) hosted from September 20 to 23… Continue reading BICES 2023: XCMG Machinery Takes Center Stage with Intelligent and Eco-Friendly Construction Machinery
Aircraft Pumps Market worth $4.6 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, Sept. 26, 2023 /PRNewswire/ — The global aircraft pumps market size is projected to grow from USD 3.6 billion in 2023 to USD 4.6 billion by 2028, at a CAGR of 4.8% from 2023 to 2028 according to a new report by MarketsandMarkets™. The market is driven by various factors, such as increase in aircraft… Continue reading Aircraft Pumps Market worth $4.6 billion by 2028 – Exclusive Report by MarketsandMarkets™
Armstrong Transport Group Selects Metafora to Accelerate Technology Development
CHARLOTTE, N.C., Sept. 28, 2023 /PRNewswire/ — Armstrong Transport Group (“Armstrong”), a leading non-asset-based logistics provider, has selected Metafora to accelerate the development of its next-generation transportation management system. The decision stems from Armstrong’s commitment to enhancing its freight services and addressing the dynamic needs of its customers and partners in the logistics industry. Continue Reading… Continue reading Armstrong Transport Group Selects Metafora to Accelerate Technology Development