Southeast Asian ride-hailing giant Gojek has appointed Sumit Rathor as the new general manager of Gojek Vietnam to succeed the Vietnam unit’s co-founder Duc Phung, who had held the general manager role since 2020. Phung has chosen to seek new professional challenges, Gojek said in a statement. Rathor joined Gojek in 2019 as regional head… Continue reading Gojek appoints new general manager for Vietnam business
Tag: Strategy
Blackstone closes two PE secondary funds at record $25bStrategic Partners IX raised $22.2b, the world’s largest secondaries fundraise ever.
Blackstone Inc raised a record $25 billion for two funds that dabble in secondaries and co-investments, the asset manager said on Wednesday. Strategic Partners IX raised $22.2 billion, the world’s largest secondaries fundraise ever, while Strategic Partners GP Solutions raised $2.7 billion. Blackstone Strategic Partners is its illiquid fund investing arm that provides a range of liquidity solutions… Continue reading Blackstone closes two PE secondary funds at record $25bStrategic Partners IX raised $22.2b, the world’s largest secondaries fundraise ever.
SE Asia looks well set to cross tech IPO target by 2029: Asia Partners report
Just a year before COVID-19 took a toll on the global financial markets, private equity firm Asia Partners predicted that Southeast Asia will be home to at least 20 more tech unicorns by 2029. In its 2019 Internet Report, the private equity firm also said Southeast Asia would have at least 10 more billion-dollar tech… Continue reading SE Asia looks well set to cross tech IPO target by 2029: Asia Partners report
Lubricant Additives Market Value to Reach US$ 22.7 billion by 2031 | Transparency Market Research, Inc.
Increasing antioxidant lubricant demand to reduce probability of damage to vehicles is propelling overall lubricant additives market Asia Pacific emerged as most attractive market because of stringent emission standards, imposed in countries such as China and Japan WILMINGTON, Del., Jan. 19, 2023 /PRNewswire/ — Increasing product demand from automotive industry is triggering growth of lubricant… Continue reading Lubricant Additives Market Value to Reach US$ 22.7 billion by 2031 | Transparency Market Research, Inc.
David Streett Takes Helm as Valkyrie CEO
VIRGINIA BEACH, Va., Jan. 18, 2023 /PRNewswire/ — The Board of Directors of Valkyrie Enterprises, LLC (“Valkyrie or the “Company”), an engineering, technology, and operational solutions company, is pleased to announce that David Streett, President, and Chief Operating Officer has been named as the Company’s Chief Executive Officer assuming the role from the Founder and… Continue reading David Streett Takes Helm as Valkyrie CEO
Lubricant Additives Market Value to Reach US$ 22.7 billion by 2031 | Transparency Market Research, Inc.
Increasing antioxidant lubricant demand to reduce probability of damage to vehicles is propelling overall lubricant additives market Asia Pacific emerged as most attractive market because of stringent emission standards, imposed in countries such as China and Japan WILMINGTON, Del., Jan. 19, 2023 /PRNewswire/ — Increasing product demand from automotive industry is triggering growth of lubricant… Continue reading Lubricant Additives Market Value to Reach US$ 22.7 billion by 2031 | Transparency Market Research, Inc.
Europa Wire: Stellantis’ Dare Forward 2030 Plan Takes Step Forward with Terrafame Partnership000446
Stellantis’ Dare Forward 2030 Plan Takes Step Forward with Terrafame Partnership (PRESS RELEASE) AMSTERDAM, 18-Jan-2023 — /EuropaWire/ — Stellantis N.V. (STLA:EN), a leading multinational automaker and provider of innovative mobility solutions formed in 2021 by the merger of Fiat Chrysler and PSA Group, and Terrafame Ltd., a Finnish-based mining and chemicals company, announced today that… Continue reading Europa Wire: Stellantis’ Dare Forward 2030 Plan Takes Step Forward with Terrafame Partnership000446
Stellantis signs nickel sulphate deal for EV batteries
The maker of Jeep SUVs, Ram pickup trucks and other vehicles on Wednesday said it has signed a supply agreement to secure nickel sulphate for electric vehicle batteries. Finland-based Terrafame Ltd. will begin supplying Stellantis NV the minerals in 2025 for the five-year term of the agreement. In a news release, the automaker said the… Continue reading Stellantis signs nickel sulphate deal for EV batteries
Gravity Haus Forms New “GH Platform 1” Fund To Accelerate Growth in 2023 + Beyond
DENVER, Jan. 18, 2023 /PRNewswire/ — Gravity Haus has announced a strategic partnership with EPR Properties, the leading diversified experiential net lease REIT focused on experiential real estate. EPR is providing approximately $64.5 million of debt refinancing for Gravity Haus’ current portfolio of six properties. Additionally, EPR and Gravity Haus have entered into a relationship agreement to… Continue reading Gravity Haus Forms New “GH Platform 1” Fund To Accelerate Growth in 2023 + Beyond
@VW Group: Global Battery Alliance Launches World’s First Battery Passport Proof of Concept006501
The Battery Passport is key to facilitating the rapid scaling of sustainable, circular and responsible battery value chains to meet the targets of the Paris Agreement through electrification of the transport and power sectors. It has been developed over three years by the GBA’s members, who span the global battery value chain from the mine… Continue reading @VW Group: Global Battery Alliance Launches World’s First Battery Passport Proof of Concept006501