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Nio shakes up the market with luxury ET9 sedan and Firefly compact car debutWill the dual launch give Nio the momentum it needs to lead the EV market in 2025? Flagship sedans and boutique compact cars are among the toughest segments to crack in the automotive industry. The former demands captivating design, premium materials, and indisputable brand value. In China, any automaker attempting a flagship sedan faces market skepticism. Boutique compact cars, on the other...0 Comments 0 Shares 118 Views 0 ReviewsPlease log in to like, share and comment!
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WeChat tests gifting feature ahead of holidays, sparking new e-commerce potentialWeChat’s new feature streamlines product gifting on its platform, leveraging its social ecosystem to enhance shopping convenience and drive merchant engagement. As major holidays approach, Tencent’s WeChat and its Chinese counterpart, Weixin, have officially begun beta testing a gifting feature for WeChat store products. This feature, designed to simplify the process of sending...0 Comments 0 Shares 83 Views 0 Reviews
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GoodMe targets IPO reboot despite China’s tea market shakeoutWith a renewed focus on profitability and expansion in lower-tier cities, GoodMe seeks to bolster investor confidence ahead of its anticipated listing. GoodMe has resumed its efforts to go public after its earlier IPO application expired. The tea brand updated its prospectus on December 15, as disclosed in filings with the Hong Kong Stock Exchange. The China Securities Regulatory...0 Comments 0 Shares 234 Views 0 Reviews
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Honda and Nissan in merger talks to secure EV futureThe potential union of Honda and Nissan could create the world’s third largest automaker. Japanese automakers Honda Motor and Nissan Motor have announced formal discussions on a potential merger, a move that could reshape the global automotive landscape. If successful, the merger would form the world’s third-largest automaker by sales, trailing only Toyota Motor and Volkswagen. The...0 Comments 0 Shares 96 Views 0 Reviews
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Nissan and Honda officially begin merger talksJapanese multinational automobile manufacturers Nissan Motor and Honda Motor have officially began merger talks to maintain global competitiveness. The duo said in a statement on Monday that they have signed a memorandum of understanding (MOU) to start discussions and considerations toward a business integration between the two companies through the establishment of a joint holding company....0 Comments 0 Shares 113 Views 0 Reviews
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Lost in a sea of false positives: Paddling through the alert overloadWhile many global tech teams are paddling through a sea of false positives, Singapore’s tech teams are drowning in a sea of alerts – many of which are false alarms. Splunk’s State of Observability 2024 report stated that a staggering 31 percent of respondents in Singapore describe the sheer volume of false positives as “highly problematic”, compared to just 13...0 Comments 0 Shares 83 Views 0 Reviews
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PFN, Mitsubishi and IIJ team up for AI cloud computingPreferred Networks (PFN), Mitsubishi Corporation (MC) and Internet Initiative Japan (IIJ) have on Monday announced that the three companies will establish their joint venture Preferred Computing Infrastructure, Inc. (PFCI) in January 2025. Scheduled to begin operations in early 2026, PFCI will primarily provide, operate and support customers of Preferred Computing Platform™...0 Comments 0 Shares 53 Views 0 Reviews
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Malaysia’s VentureTECH drives renewable energy innovation with investment in MTC OrecVentureTECH Sdn. Bhd., a Malaysia-based impact investment company, has on Monday announced a strategic investment in MTC Orec Sdn. Bhd. (MTC Orec), a bumiputera company in Malaysia specializing in the bioenergy sector. The duo said in a statement that this partnership aims to accelerate the development of MTC Orec’s biomethane plants, underscoring both companies’ commitment to...0 Comments 0 Shares 186 Views 0 Reviews
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Malaysia ends 2024 as Southeast Asia’s top data center hub with $23B investmentsMalaysia has ended 2024 as Southeast Asia’s top data center hub with $23 billion investments, solidifying its position as Southeast Asia’s leading digital hub, Knight Frank said Monday. The global property consultant said in its released its Data Centre Research Report 2024 that Malaysia ranked first in the index for the second consecutive year, as the country recorded a...0 Comments 0 Shares 335 Views 0 Reviews
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Yondr raises $900M from IFC and global lenders for data center in MalaysiaGlobal data-center operator Yondr Group has raised over $900 million from International Finance Corporation (IFC) and a consortium of six international financial institutions to finance its hyperscale data-center campus in Malaysia. IFC said in a statement on Monday that DBS, Deutsche Bank, Global Infrastructure Partners (a part of Blackrock), HSBC, ING and Natixis CIB have joined IFC in the...0 Comments 0 Shares 62 Views 0 Reviews
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