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2024-12-18 13:58:24

Meituan’s drone delivery debuts in Dubai, eyeing a future in last-mile logistics
With its open skies and friendly policies, Dubai serves as the perfect launchpad for Meituan’s aerial delivery ambitions. Meituan is taking bold steps beyond China’s borders, and its drone delivery service is at the forefront. Surprisingly, its first overseas market isn’t Saudi Arabia—where the company first launched its food delivery operations—but Dubai, the...

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2024-12-21 13:13:46

Mober, BDO sign commercial EV fleet financing in the Philippines to boost green logistics
Mober, the Philippines-based green logistics firm, has partnered with Philippine bank BDO Unibank, Inc. (BDO) to finance the acquisition of 60 new electric vehicle (EV) trucks. This deal brings Mober’s current fleet to 110 EV units, reinforcing its leadership in eco-friendly logistics and setting a new benchmark for the industry, the duo said in a statement on Friday. According to the...

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2024-11-20 15:40:54

Singapore’s Locad raises $9M in Pre-Series B fundraise co-led by Global Ventures, Reefknot Investments
Singapore’s logistics firm Locad has raised $9 million in Pre-Series B fundraise co-led by Global Ventures and its existing investor Reefknot Investments. Locad said in a statement on Wednesday that other participating investors include Sumitomo Equity Ventures and existing investors Antler Elevate; Febe Ventures; and JG Summit. According to the statement, the new funding will...

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