China’s Changan Automobile has recently embarked on an exciting partnership with EHang Holdings Ltd. The goal? To dive headfirst into the world of Urban Air Mobility (UAM) technologies, particularly focusing on the development of cutting-edge flying vehicles. Imagine a future where flying cars and electric vertical takeoff and landing (eVTOL) aircraft are no longer just
Fast-fashion giant Shein is making waves with its latest move in China’s Guangdong province. The fashion retailer has just unveiled its ambitious Bay Area Smart Industrial Park in Zhaoqing, a significant development that is set to revolutionize its supply chain operations and enhance its commitment to sustainability through increased solar power usage. Future-forward Sustainability Efforts
Tether, the renowned issuer of the world’s largest stablecoin, is currently at a pivotal juncture, contemplating a significant move towards bolstering transparency by engaging in discussions with a prominent Big Four accounting firm. This potential audit aims to provide investors and stakeholders with a comprehensive examination of Tether’s reserves, marking a shift from its current
Microsoft recently made a significant move by shutting down its IoT & AI Insider Lab located in Shanghai’s Zhangjiang hi-tech zone, signaling a notable withdrawal from the Chinese market. The closure of this lab, which was dedicated to developing cutting-edge Internet of Things (IoT) and Artificial Intelligence (AI) technologies, occurred earlier this year. While the
Singapore-based womenswear brand, Love Bonito, is making waves in the fashion industry with its chic black collections. The company’s CEO, Dione Song, believes that growth and efficiency go hand in hand. Their financial performance in 2023 saw a remarkable 37% revenue increase compared to the previous year while reducing pre-tax losses by 27%. “Growth and
Hyundai Motor Co.’s recent announcement at the annual shareholder meeting in Seoul has set the stage for significant developments in the automotive industry. CEO Jose Munoz shared insights into the company’s ambitious plans, particularly emphasizing their commitment to investing a staggering $12.6 billion in a new electric vehicle (EV) plant in the United States. With
India is bustling with entrepreneurial spirit, where startups are constantly innovating to make a mark in the market. One such company making waves is Zepto, a quick commerce platform that has caught the attention of investors and industry experts alike. It all started when CEO Aadit Palicha set his sights on taking Zepto public through
A wave of anticipation swept through gaming enthusiasts as Nintendo prepared to unveil its latest innovation, the Switch 2. However, excitement turned to disappointment when the tech giant announced a delay in the commencement of pre-orders for the device in the United States. Originally slated for April 9th, potential customers were left in limbo due
Google Cloud is making significant strides in bolstering cybersecurity measures across Asia. One of the recent developments includes a collaboration with Thailand’s National Cyber Security Agency (NCSA) to fortify the country’s defense against cyber threats. The appointment of Hana Raja as Google Cloud’s country manager in Malaysia signifies the tech giant’s commitment to expanding its
SignalPlus, a rising star in the world of crypto trading software, recently made headlines by securing an impressive $11 million in its series B funding round. The company, based in Asia and founded in 2021, has been gaining traction for its focus on providing institutional-grade trading tools tailored for the dynamic crypto derivatives market. Enhancing