Germany
Taiwan blocks Delivery Hero’s $600M foodpanda food courier sale to Grab
Taiwan's Fair Trade Commission (TFTC) has declined to approve the sale of Germany-based Delivery Hero's food courier business foodpanda in Taiwan to Singapore's super app Grab, blocking a $600 million deal agreed in March.
Vietnam’s VinSpeed, Germany Siemens Mobility sign $1.15B Vietnam high-speed rail contract
Germany's Siemens Mobility has signed a turnkey contract worth up to €1 billion ($1.15 billion) with Vietnam's VinSpeed to supply trains and rail systems for two high-speed lines.
Germany’s DDB AG acquires Singapore’s Infinium Robotics in $22M deal
German-listed Deutsche Defence Beteiligungen AG (DDB AG) has acquired Infinium Robotics, a Singapore-founded logistics technology company with deployments across Malaysian warehouse and logistics operations, in a transaction valued MYR95.6 million ($22 million).
Germany’s Infineon, Vietnam’s VinRobotics to jointly to develop humanoid robots
Germany's Infineon Technologies and VinRobotics, a robotics company established by Vietnam's conglomerate Vingroup, will collaborate on the development of humanoid robots, with a joint competency center to be established at VinRobotics' Hanoi office.
Germany’s semiconductor firm AIXTRON to build factory in Malaysia
Germany-based AIXTRON, a supplier of deposition equipment for compound semiconductors, is set to spend €40 million ($46 million) in building a new manufacturing facility in Malaysia, according to a release on Wednesday of the firm.
Riding the ‘shared mobility’ boom
Here's how one startup is providing services to popular car, bike, and scooter-sharing apps.
