Logistics operators navigating Southeast Asia’s challenging fragmentation against the backdrop of COVID-19 must embrace digital upgrades and flexibility in terms of service offering.
“I don’t think it’s a privilege or a choice. You either digitize or you become a white elephant. Even in the small SMEs [small to medium-sized enterprises], you can’t be an island,” Henry Low,...
Svolt Energy Technology, formerly the battery business unit of Chinese automaker Great Wall Motor, has raised a RMB3.5 billion ($542 million) Series A round featuring a string of government-linked investors.
Tiger Global Management has led a $100 million Series C round for India’s Infra.Market, valuing the construction materials marketplace at $1 billion.
Moore Threads, a Chinese chip designer established as recently as last October by a team from Nvidia, has closed two funding rounds amounting to several billion renminbi.
FountainVest Partners has agreed to acquire a majority stake in China-based CJ Rokin Logistics from Korea’s CJ Logistics for KRW733.8 billion ($661.3 million).