An unusual diagnostic experience with MUCAR CDE900
LOS ANGELES, Sept. 21, 2022 /PRNewswire/ -- With the rapid development of automobile electronization, the mechanical and electrical integration of diagnostic products is becoming more and more obvious. While we try our best to improve the function of the car through electronic control system, the difficulty of fault diagnosis is becoming more and more difficult. To improve maintenance quality and…
Allianz Malaysia joins Gobi Partners’ Malaysia-focused SuperSeed II Fund
Pan-Asian venture capital (VC) firm Gobi Partners announced Tuesday the closing of its $10 million Gobi SuperSeed II (Gobi SSII) Fund following the participation of Allianz Malaysia Berhad (Allianz Malaysia) as a limited partner (LP).
Other LPs backing the Gobi SSII Fund are institutional investors Malaysia Venture Capital Management Bhd (MAVCAP) and Sunway Group, Gobi Partners said in a…
Valqari Acquires IDU Group, Creating World’s Most Comprehensive Drone Delivery Infrastructure System
CHICAGO, Sept. 20, 2022 /PRNewswire/ -- Valqari is excited to announce that it is combining efforts with IDU Group, providing a complete drone delivery infrastructure from rooftops and the windows of buildings to a complete product line of drone mailbox and drone locker ground stations. As part of this merger, Ryan Walsh will continue as CEO of Valqari while Kevin Duckers, founder and former CEO…
Changhong’s New G7N Series Android Smart TV Gains Popularity in Indonesia
JAKARTA, Indonesia, Sept. 16, 2022 /PRNewswire/ -- In May 2022, Changhong launched its new Android Smart TV G7N series in Indonesia. Following the launch, the series has been received enthusiastically in the market and by consumers.
With impressive sales, the series soon claimed the top spot on the smart TV product ranking of Indonesia's largest e-commerce platform Shopee. It also achieved…
Winter is coming, but startups can be prepared with the right tech planning
The remarkable digital and mobile boom of the past decade—which has been even more accelerated by the pandemic—has situated Southeast Asia’s startups on the map for global venture capital. The number of unicorns worth $1 billion or more doubled in 2021 to around 40. Firms such as the Indonesian e-commerce courier J&T, travel website Traveloka, or blockchain gaming factory Sky Mavis have shot…
Sea Ltd’s top management to forgo salaries as firm cuts cost – report
Singapore-headquartered tech firm Sea Ltd.’s top management will forgo their salaries and tighten company expense policies, as the gaming and e-commerce giant tries to shield itself from the economic slowdown, Bloomberg reported on Thursday.
“The leadership team has decided that we will not take any cash compensation until the company reaches self-sufficiency,” Chief Executive Officer Forrest…
Locus Robotics Passes One Billion Units Picked
Leader in Warehouse Robotics First to Attain this Industry Milestone
WILMINGTON, Mass., Sept. 15, 2022 /PRNewswire/ -- Locus Robotics (www.locusrobotics.com), the market leader in autonomous mobile robots (AMR) for fulfillment warehouses, today announced they have surpassed the One Billion units picked milestone. This new achievement was attained just 59 days after Locus registered 900 million…
Japan’s Softbank considers launching third Vision Fund – report
Japan-based tech investor SoftBank Group Corp is said to be considering the launch of a new giant startup fund, the Wall Street Journal reported on Wednesday, quoting people familiar with discussions at the company.
Softbank would likely use its own cash for what would be the third SoftBank Vision Fund if it moves ahead with the plan, the people reportedly said. The size of the new fund…
Boqii Announces Fiscal 2023 First Quarter Unaudited Financial Results
First Quarter Revenues of RMB 315.1 million
First Quarter GMV of RMB 731.5 million
SHANGHAI, Sept. 15, 2022 /PRNewswire/ -- Boqii Holding Limited ("Boqii" or the "Company") (NYSE: BQ), a leading pet-focused platform in China, today announced its unaudited financial results for the first quarter of fiscal year 2023 (the quarter ended June 30, 2022).
Fiscal Q1 2023 Operational and Financial…
Indonesia insurtech PasarPolis partners Shopee for SEA expansion
Indonesia-based insurtech PasarPolis has partnered with e-commerce giant Shopee to provide affordable and accessible insurance for customers across Indonesia, Thailand, and Vietnam.
With expansion plans across Southeast Asia, PasarPolis currently has partnerships with over 50 insurance providers and digital giants including Gojek, IKEA, Xiaomi, and more, PasarPolis said in a statement.…