HSBC has hired former Goldman Sachs veteran Bill Chu as its China head of investment banking, according to an internal memo issued on Monday and reviewed by Reuters. Chu will work with the bank’s sector, product and coverage teams to further grow its Greater China franchise and drive greater connectivity between China and its international… Continue reading HSBC names ex-Goldman Sachs veteran Bill Chu to head China investment banking team
Tag: Strategy
Alibaba to promote young employees to top management to retain “startup mindset”
New Alibaba Group CEO Eddie Wu has told staff the tech giant’s two main strategic focuses going forward will be “user first” and “AI-driven”, according to an internal letter reviewed by Reuters. Wu, who sent the letter on Tuesday, his third day in the top job, also said Alibaba would focus on promoting young employees,… Continue reading Alibaba to promote young employees to top management to retain “startup mindset”
Malaysia’s Carsome looking for new funding from strategic investors, says Group CEO
Southeast Asia’s largest car e-commerce platform Carsome is open to new funding from potential strategic investors, its co-founder and group CEO told Reuters. Speaking on the sidelines of the Forbes Global CEO Conference in Singapore, Carsome co-founder and group CEO Eric Cheng said the company is looking for strategic investors whose “businesses are able to add value to what… Continue reading Malaysia’s Carsome looking for new funding from strategic investors, says Group CEO
Geotab platform helps save Milk & More over £2 million a year
Using Geotab solutions, Milk & More leveraged near real-time Electric Vehicle (EV) data to help the team actively optimise its fleet LONDON, Sept. 8, 2023 /PRNewswire/ — Geotab Inc, a global leader in connected transportation solutions, has helped Milk & More—the pioneering online grocery and milk delivery leader—to provide real-time data reducing operating costs by… Continue reading Geotab platform helps save Milk & More over £2 million a year
TIGER INFRASTRUCTURE PARTNERS EXITING ZENOBĒ, WHICH IT HELPED SCALE TO LEADERSHIP IN BATTERY STORAGE AND ELECTRIC VEHICLE FLEETS, VIA KKR-LED CAPITAL RAISE
NEW YORK and LONDON, Sept. 7, 2023 /PRNewswire/ — Tiger Infrastructure Partners today announced the sale of its interest in London-based portfolio company Zenobē to KKR, a leading global investment firm, and Infracapital, the infrastructure equity investment arm of M&G Plc and a current investor in Zenobē. The transaction marks Tiger’s successful exit from an… Continue reading TIGER INFRASTRUCTURE PARTNERS EXITING ZENOBĒ, WHICH IT HELPED SCALE TO LEADERSHIP IN BATTERY STORAGE AND ELECTRIC VEHICLE FLEETS, VIA KKR-LED CAPITAL RAISE
Quhuo International Hosts Ceremony for Shipment of New Energy Vehicles, Sending Off Nearly 3,000 Units
BEIJING, Sept. 7, 2023 /PRNewswire/ — Quhuo International held a new energy vehicle (NEV) dispatch ceremony in Lianyungang, JiangSu, during which 300 units of Toyota BZ4X, 1720 units of Volkswagen EBORA, along with nearly 3,000 units of NEVs from various other brands were successfully shipped. This vehicle shipment marks the initial establishment and smooth operation… Continue reading Quhuo International Hosts Ceremony for Shipment of New Energy Vehicles, Sending Off Nearly 3,000 Units
Quhuo International Hosts Ceremony for Shipment of New Energy Vehicles, Sending Off Nearly 3,000 Units
BEIJING , Sept. 7, 2023 /PRNewswire/ — Quhuo International held a new energy vehicle (NEV) dispatch ceremony in Lianyungang, JiangSu, during which 300 units of Toyota BZ4X, 1720 units of Volkswagen EBORA, along with nearly 3,000 units of NEVs from various other brands were successfully shipped. This vehicle shipment marks the initial establishment and smooth operation… Continue reading Quhuo International Hosts Ceremony for Shipment of New Energy Vehicles, Sending Off Nearly 3,000 Units
DON’T COMPROMISE BATTERY HEALTH: STOREDOT WARNS INDUSTRY AMID EXTREME FAST CHARGING BATTERY TECHNOLOGY RACE
StoreDot reiterates its commitment to Extreme Fast Charging (XFC) chemistry that minimizes battery degradation in EVs Amid claims of fast charge times and extended ranges from competitors, StoreDot stresses the importance of transparent communication on XFC including long-term battery health concerns StoreDot’s unique silicon-dominant chemistry prioritizes battery lifespan and safety while delivering high charge rates… Continue reading DON’T COMPROMISE BATTERY HEALTH: STOREDOT WARNS INDUSTRY AMID EXTREME FAST CHARGING BATTERY TECHNOLOGY RACE
Bobnet Seeks Retail Partners to Pioneer its New Standard for Retail Process Optimization and Business Scalability
Part of its global expansion strategy, Romanian Bobnet Group invites retail operators to join a €20M co-investment for its scalable disruptive automated retail chains LONDON, Sept. 11, 2023 /PRNewswire/ — Bobnet, Romanian supplier of retail innovation hardware and software solutions, a venture startup financed by NCH Capital operating in Europe since 2018, is actively seeking investor retail… Continue reading Bobnet Seeks Retail Partners to Pioneer its New Standard for Retail Process Optimization and Business Scalability
Healthcare logistics: Walden Group starts new nationwide GDP transport network in Germany
Walden subsidiary Eurotranspharma Europe joins forces with four German healthcare carriers to establish Eurotranspharma Deutschland Unique selling proposition: the only carrier fully dedicated to pharma and healthcare goods in a network with full active temperature control in both pharma ranges (2°C/8°C as well as 15°C/25°C) for both parcels and pallets Starting in Q1 2024: hub and… Continue reading Healthcare logistics: Walden Group starts new nationwide GDP transport network in Germany