Fresh from completing its acquisition of Uber’s Southeast Asia business, ride-hailing firm Grab has officially launched its food delivery business — GrabFood — today. The service is already available in beta in a handful of countries, including Thailand, but now it is available in Singapore (Grab HQ) with plans to reach Grab’s core six markets… Continue reading Grab launches a food delivery service in Southeast Asia
Tag: Strategy
JLR product boss: Driver’s cars will thrive despite greater autonomy
Enthusiast drivers are going to have more choice than ever before as autonomous technology is developed because car firms will be able to increasingly polarise their line-ups, according to Hanno Kirner, Jaguar Land Rover’s head of product strategy. Kirner believes that while many people will be happy to use autonomous cars day to day –… Continue reading JLR product boss: Driver’s cars will thrive despite greater autonomy
Groupe PSA Improves Its €3 Billion Revolving Credit Facility
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) signed, on May 24th 2018, with its banking partners, an amendment of its €3 billion syndicated credit facility. This amendment improves the economic conditions of this credit facility, signed on April 8th 2014 and amended on November 10th 2015, and extends its maturity. Thus, Groupe PSA benefits from… Continue reading Groupe PSA Improves Its €3 Billion Revolving Credit Facility
Groupe PSA Steps up Its Digital Transformation with the Digital Factory
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) is stepping up its digital transformation with the creation of the Digital Factory. This new facility brings resources and skills together in one place to support the operational departments in their digital transformation. Several hundred internal and external experts are on hand, in: – the Customer Digital Factory:… Continue reading Groupe PSA Steps up Its Digital Transformation with the Digital Factory
Chinese investors in Germany
24.05.2018 Ι Chinese companies enjoy great freedom in Germany and the EU so far. However, doubts about the seriousness and good intentions of certain investors are growing. The conflicts in German companies are increasing. A positive sentiment increasingly gives way to skepticism when Chinese entrepreneurs access German technology companies. “Not all Chinese investments are successful,… Continue reading Chinese investors in Germany
Who is the Customer: The Investor or the Startup?
“You don’t need to know if the idea will succeed — just the person.” Jason Calacanis, Angel investor When a startup pitches an investor, a logical assumption is that the investor is the customer. After all, the startup is asking for money, often traveling to the investor’s office, pitching their company, and responding quickly to the investor’s follow-on… Continue reading Who is the Customer: The Investor or the Startup?
Dana Inaugurates New Facility to Support Automakers with Thermal-Management and New-Energy Solutions in Yancheng, China
YANCHENG, China, May 23, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today inaugurated a facility in Yancheng, China, that will manufacture thermal-management products for conventional and new-energy vehicles. Dana repurposed an 8,000 square-meter (86,000 square-foot) plant with an investment of CNY105 million (US$16.7 million), making it the company’s 16th facility in China and the second in… Continue reading Dana Inaugurates New Facility to Support Automakers with Thermal-Management and New-Energy Solutions in Yancheng, China
FAURECIA INVESTS IN PROMETHIENT AND ACCELERATES THE DEVELOPMENT OF THERMAL COMFORT TECHNOLOGIES FOR THE COCKPIT OF THE FUTURE
Faurecia announces today an investment in the American startup Promethient, reinforcing the Group’s ecosystem dedicated to thermal management technologies for future mobility solutions. Based in Traverse City, Mich., Promethient designs and produces Thermavance, a climate control technology that is adaptable for multiple vehicle thermal use cases. Thermavance heats and cools through conductive heat transfer, offering… Continue reading FAURECIA INVESTS IN PROMETHIENT AND ACCELERATES THE DEVELOPMENT OF THERMAL COMFORT TECHNOLOGIES FOR THE COCKPIT OF THE FUTURE
French and Benelux stocks-Factors to watch on May 23
May 23 (Reuters) – Below are company-related news and stories from French and Benelux media which could have an impact on the region’s markets or individual stocks. French CAC futures were down 0.2 percent by 0624 GMT. DERICHEBOURG: Service provision company Derichebourg reported on Tuesday a 9.2 pct upside in its H1 recurring EBITDA at… Continue reading French and Benelux stocks-Factors to watch on May 23
BP Invests In StoreDot – Firm Promises Charging As Quick As Fueling
5 M BY MARK KANE BP Ventures, the investment arm of the oil major BP, invested $20 million in Israeli-based StoreDot, which promises batteries capable of ultra-fast charging in 5-minutes. StoreDot has been hinting at its breakthrough batteries for several years now (see news from 2015 and from 2017), and finally this year is securing… Continue reading BP Invests In StoreDot – Firm Promises Charging As Quick As Fueling