HONG KONG, Aug. 24, 2023 /PRNewswire/ — Global New Material International Holdings Limited (the “Company”, Stock Code: 6616.HK) announced that all conditions precedent under the each of the CQV Sale Shares Agreements and the CQV Treasury Shares Agreement have been satisfied and the Closing took place on 22 August 2023. Upon the Closing, the Company… Continue reading Successful Global Acquisition: Global New Material International & CQV
Tag: Strategy
Explainer: India’s Green Hydrogen Standard
Chatterjee said that India’s ambitious Energy Transition Plan by 2030 requires a multi-prong approach. What is the Green Hydrogen Standard? In August 2023, MNRE issued the Green Hydrogen Standard for India. Simply put, these standards have defined what encompasses ‘green’ in green hydrogen. It notified: The amount of carbon emissions that are allowed in the… Continue reading Explainer: India’s Green Hydrogen Standard
China’s Xpeng to acquire Didi’s smart EV unit in deal worth up to USD 744 mln
Xpeng will launch an A-class model next year under a new brand, currently called MONA, aiming to expand in the mass-market segment with the car to be priced in the USD 20,000 price tier. Chinese electric car company Xpeng said it will acquire ride-hailing giant Didi‘s smart electric vehicle (EV) unit in a deal worth… Continue reading China’s Xpeng to acquire Didi’s smart EV unit in deal worth up to USD 744 mln
Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud launches the Master Plan for logistics centers with the aim of transforming the Kingdom into a Global Logistics Hub
RIYADH, Saudi Arabia, Aug. 27, 2023 /PRNewswire/ — His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Supreme Committee for Transport and Logistics Services launched the master plan for logistics centers, which aims to further develop the infrastructure of the logistics sector in the Kingdom,… Continue reading Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud launches the Master Plan for logistics centers with the aim of transforming the Kingdom into a Global Logistics Hub
Uzbekistan e-commerce market is set to grow 7 times to 2.2 billion USD by 2027 (KPMG)
TASHKENT, Uzbekistan, Aug. 28, 2023 /PRNewswire/ — The global professional services firm KPMG estimates that the e-commerce market in Uzbekistan has expanded more than fivefold during the past five years, solidifying its position as the fastest-growing e-commerce market in Central Asia. Such a strong growth is attributable to a combination of favourable factors, e.g. consistent government… Continue reading Uzbekistan e-commerce market is set to grow 7 times to 2.2 billion USD by 2027 (KPMG)
Príncipe Herdeiro da Arábia Saudita Mohammed bin Salman Al Saud lança plano diretor para centros de logística com o objetivo de transformar o reino em um Global Logistics Hub
RIADE, Arábia Saudita, 28 de agosto de 2023 /PRNewswire/ — Sua Alteza Real oPríncipe Mohammed bin Salman bin Abdulaziz Al Saud, Príncipe Herdeiro, primeiro-ministro e presidente do Comitê Supremo de Serviços de Transporte e Logística lançou o plano diretor para centros logísticos, que visa desenvolver ainda mais a infraestrutura do setor de logística no Reino,… Continue reading Príncipe Herdeiro da Arábia Saudita Mohammed bin Salman Al Saud lança plano diretor para centros de logística com o objetivo de transformar o reino em um Global Logistics Hub
China’s Xpeng to take over Didi’s autonomus vehicle unit, eyeing 2024 launch
A screen displays trading information for ride-hailing giant Didi Global on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 3, 2021. REUTERS/Brendan McDermid/File photo Acquire Licensing Rights HONG KONG, Aug 28 (Reuters) – China’s car hailing giant Didi said it is selling its autonomous vehicle unit to electric… Continue reading China’s Xpeng to take over Didi’s autonomus vehicle unit, eyeing 2024 launch
ThroughPut.ai SKU Rationalization is Now Available on IndustryApps Store
The ThroughPut.ai SKU Rationalization solution optimizes product mix to rapidly and continuously accelerate free cash flow, as well as margins to enable an undeniably significant, positive impact on the bottom line. PALO ALTO, Calif., Aug. 24, 2023 /PRNewswire/ — ThroughPut Inc., the industrial AI supply chain pioneer, today announced that its ThroughPut.ai SKU Rationalization solution… Continue reading ThroughPut.ai SKU Rationalization is Now Available on IndustryApps Store
Boom Supersonic Advances Flight Preparations for XB-1
Key milestones completed as world’s first independently developed supersonic jet progresses towards first flight DENVER, Aug. 24, 2023 /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, Overture, today announced it has completed several key milestones for XB-1, Boom’s technology demonstrator aircraft. XB-1 leverages 60 years of progress in airplane technologies like carbon… Continue reading Boom Supersonic Advances Flight Preparations for XB-1
Successful Global Acquisition: Global New Material International & CQV
HONG KONG, Aug. 24, 2023 /PRNewswire/ — Global New Material International Holdings Limited (the “Company”, Stock Code: 6616.HK) announced that all conditions precedent under the each of the CQV Sale Shares Agreements and the CQV Treasury Shares Agreement have been satisfied and the Closing took place on 22 August 2023. Upon the Closing, the Company… Continue reading Successful Global Acquisition: Global New Material International & CQV