Airalo, World’s Largest eSIM Marketplace, Raises $60 Million in Series B Financing

LEWES, Del., Aug. 1, 2023 /PRNewswire/ — Airalo, the pioneering eSIM marketplace revolutionizing global connectivity, announced today the successful completion of its Series B financing round, raising an impressive $60 million. Led by e& capital, the investment arm of e&, the global technology group, this brings Airalo’s total funding to $67.3 million. Antler Elevate, Liberty… Continue reading Airalo, World’s Largest eSIM Marketplace, Raises $60 Million in Series B Financing

A Game Changer in the $700 Billion Electric Vehicle Market

FN Media Group Presents Oilprice.com Market Commentary LONDON, Aug. 1, 2023 /PRNewswire/ — China is the ‘800-pound gorilla’ of global EV supplies, and it dominates this market in every way, including sales. Last year, China’s exports of EVs increased 131.8% YoY to some 680,000 units, based on official data. In the first half of 2023, the Chinese… Continue reading A Game Changer in the $700 Billion Electric Vehicle Market

China Passenger Car Mobile Phone Wireless Charging Research Report 2023-2026 Featuring 10 Domestic Vendors and 9 International Vendors

DUBLIN, Aug. 3, 2023 /PRNewswire/ — The “China Passenger Car Mobile Phone Wireless Charging Research Report, 2023” report has been added to  ResearchAndMarkets.com’s offering. High-power charging solutions will lead the trend, with the installations to hit more than 10 million units in 2026. Technology Trend: Qi2 Standard The automotive mobile phone wireless charging module is an… Continue reading China Passenger Car Mobile Phone Wireless Charging Research Report 2023-2026 Featuring 10 Domestic Vendors and 9 International Vendors

Indonesia’s Ayoconnect lays off 10% staff to meet profitability target

Jakarta-based open finance API platform Ayoconnect has laid off 10% of its workforce in Indonesia in a bid to have a leaner structure as part of efforts to reach profitability, the company said in a statement on Thursday. “Ayoconnect has decided to reduce 10% of its workforce in Indonesia. The decision was made after carefully… Continue reading Indonesia’s Ayoconnect lays off 10% staff to meet profitability target

Q2 2023 Borgwarner Inc Earnings Call

Participants Frederic B. Lissalde; President, CEO & Director; BorgWarner Inc. Kevin A. Nowlan; Executive VP & CFO; BorgWarner Inc. Patrick Nolan; VP of IR; BorgWarner Inc. Colin M. Langan; Senior Equity Analyst; Wells Fargo Securities, LLC, Research Division Dan Meir Levy; Senior Analyst; Barclays Bank PLC, Research Division Emmanuel Rosner; Director & Research Analyst; Deutsche… Continue reading Q2 2023 Borgwarner Inc Earnings Call

Change in Kamux’s Group Management Team

HAMEENLINNA, Finland, Aug. 2, 2023 /PRNewswire/ — Kerim Nielsen, Country Director for Sweden and member of the Group Management Team, has decided to pursue a career opportunity outside of Kamux Corporation in early 2024. He will continue in his current position at least until December 31, 2023. The recruitment process for his successor will be… Continue reading Change in Kamux’s Group Management Team

Capri Sun to take over sales and distribution from Coca-Cola Europacific Partners in Western Europe in 2024

ZUG, Switzerland, Aug. 2, 2023 /PRNewswire/ — Capri Sun Group Holding AG, the no. 1 kids drink brand in the world, has announced today that it will take back the sales and distribution of its iconic pouch drinks in France, Monaco, Great Britain, Netherlands, Belgium, Luxemburg, Sweden, Spain, and Portugal in 2024, bringing to an… Continue reading Capri Sun to take over sales and distribution from Coca-Cola Europacific Partners in Western Europe in 2024

Airalo, World’s Largest eSIM Marketplace, Raises $60 Million in Series B Financing

LEWES, Del., Aug. 1, 2023 /PRNewswire/ — Airalo, the pioneering eSIM marketplace revolutionizing global connectivity, announced today the successful completion of its Series B financing round, raising an impressive $60 million. Led by e& capital, the investment arm of e&, the global technology group, this brings Airalo’s total funding to $67.3 million. Antler Elevate, Liberty… Continue reading Airalo, World’s Largest eSIM Marketplace, Raises $60 Million in Series B Financing

Eicher Motors’ Q1 PAT up 50% at Rs 918 crore

Iconic bike Royal Enfield manufacturer Eicher Motors reported a 50.4% jump in its June quarter (Q1 FY24) profit of Rs 918 crore. The company posted Rs 610.66 crore in PAT in the corresponding quarter a year ago. Eicher Motors’ total revenue from operations for the quarter was recorded at Rs 3,986 crore, up 17.3% as… Continue reading Eicher Motors’ Q1 PAT up 50% at Rs 918 crore

The Drone Show Festival, Organised by Flock Drone Art consolidates its position as the leading international drone show festival

BARCELONA, Spain, Aug. 3, 2023 /PRNewswire/ — In just three editions, the Drone Show Festival has established itself as the leading international festival of drone shows. Organised by Flock Drone Art, the industry’s leading company, this summer the festival has hosted artistic works by companies from the United States, France, Portugal, the Netherlands and Spain. This… Continue reading The Drone Show Festival, Organised by Flock Drone Art consolidates its position as the leading international drone show festival