SoftBank-backed Socar, South Korea’s largest car-sharing startup, tumbles on market debut

Socar, South Korea’s largest car-sharing startup, tumbled in its Seoul stock market debut Monday even after pricing shares below the bottom end of a marketed range. Shares of Socar rose 1.25% from its IPO price of 28,000 won ($21.10) in the initial minutes of the debut, before tumbling to 26,300 won and giving the firm… Continue reading SoftBank-backed Socar, South Korea’s largest car-sharing startup, tumbles on market debut

Worldwide Electric Two-wheelers Market to Hit USD 100 Billion by 2030: Global Market Insights Inc.

The North America electric two-wheelers market is anticipated to reach USD 6 billion by 2030 owing to increased adoption of electric micro-mobility solutions and rising concerns about environmental sustainability. SELBYVILLE, Del., Aug. 22, 2022 /PRNewswire/ — The electric two-wheelers market is expected to record a valuation of USD 100 billion by 2030, according to the… Continue reading Worldwide Electric Two-wheelers Market to Hit USD 100 Billion by 2030: Global Market Insights Inc.

93 seconds and 12 clicks to book a flight: UNGUESS announces the Flight Aggregator Challenge

For its new study, UNGUESS, the crowdsourcing platform that, through its engaged community of real users, enables companies to make better decisions faster, compared eight of the leading online flight comparison and booking sites (Booking.com, eDreams, Expedia, Kayak, lastminute.com, Skyscanner, Tripadvisor and Volagratis) to discover which one was perceived as the best one. MILAN, Aug.… Continue reading 93 seconds and 12 clicks to book a flight: UNGUESS announces the Flight Aggregator Challenge

The 2022 Smart China Expo kicked off, smart technology empowers Chongqing Liangjiang New Area to lead innovative development

CHONGQING, China, Aug. 22, 2022 /PRNewswire/ — The 2022 Smart China Expo will be held in Liangjiang New Area of southwest China’s Chongqing from August 22 to 24, with the theme of “Smart Technology: Empowering Economy, Enriching Life”. As the most influential event in China’s intelligent industry, the Smart China Expo has been held for five years. Driven and… Continue reading The 2022 Smart China Expo kicked off, smart technology empowers Chongqing Liangjiang New Area to lead innovative development

Chinese medical device maker Jinjiang Electron closes $103m from Hillhouse & othersIt raised the new funding from three transactions, including its Se…

Jinjiang Electron, a Chinese developer of cardiac electrophysiology devices, has collected over 700 million yuan ($102.6 million) of new financing from investors, including private equity (PE) major Hillhouse Capital Group, the startup announced on Monday. The Chengdu-based company, whose cardiology specialty equipment is used in the diagnosis and treatment of cardiac arrhythmias, raised the new… Continue reading Chinese medical device maker Jinjiang Electron closes $103m from Hillhouse & othersIt raised the new funding from three transactions, including its Se…

India Digest: PharmEasy withdraws IPO plans, Koye Pharma hires banker for fresh fundraisePharmEasy is now planning to raise funds from existing shareh…

Indian drug and medical services startup PharmEasy has withdrawn the draft red herring prospectus (DRHP) it filed for its initial public offering (IPO) while Koye Pharmaceuticals has hired investment bank o3 Capital for a fresh fundraise. PharmEasy recalls draft IPO papers Indian drug and medical services startup PharmEasy has withdrawn the draft red herring prospectus… Continue reading India Digest: PharmEasy withdraws IPO plans, Koye Pharma hires banker for fresh fundraisePharmEasy is now planning to raise funds from existing shareh…

SEA Digest: Temasek’s ABC Impact adopts Impact Principles; Vietnam’s On Group acquires TopShipTemasek has become a signatory to the IFC’s Impact Princ…

ABC Impact, a Singapore-headquartered Asia-focused private equity firm, has officially adopted the Operating Principles for Impact Management while Vietnam–based social commerce startup On Group has acquired TopShip, an aggregation platform for fulfillment and delivery for an undisclosed sum. Temasek’s ABC Impact adopts Impact Principles ABC Impact, a Singapore-headquartered Asia-focused private equity firm, has officially adopted… Continue reading SEA Digest: Temasek’s ABC Impact adopts Impact Principles; Vietnam’s On Group acquires TopShipTemasek has become a signatory to the IFC’s Impact Princ…

How repairable batteries make life easier for EV owners

One thing not talked about much in the roll-out of EVs generally is what happens if a high-voltage battery fails before its time. Actually, it’s no mystery, and from the word go it’s been possible to fix a battery by swapping out a faulty module for a new one. The fact is, though, that even… Continue reading How repairable batteries make life easier for EV owners

@VW Group: Mastering the Nordschleife with hydrogen005575

18/08/2022 In a study, Porsche Engineering has examined the potential of hydrogen combustion engines. The result is a high-performance powertrain with emissions at the same level as ambient air. Different powertrain solutions, including hybrid systems, electric drives and efficient combustion engines are currently all being developed in parallel for use in future vehicles. Hydrogen represents… Continue reading @VW Group: Mastering the Nordschleife with hydrogen005575

Netflix’s ad-supported tier might not play commercials during new movies

Netflix’s forthcoming ad-supported tier could include programming without commercials. According to Bloomberg, the company doesn’t plan to run ads during original movies, at least when they first premiere on the platform. In doing so, Netflix reportedly hopes to keep its service appealing to high-profile filmmakers who may find the idea of commercials interrupting their stories… Continue reading Netflix’s ad-supported tier might not play commercials during new movies