NewsToyota, Honda to set CapEx and R&D spending records amid EV pivotJapan automakers are set to boost total capital expenditures by 20% this fiscal year. 3 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Clout Kitchen and Salmon score funding, Meta awards AI grants at Singapore event, Antler backs Canterly again, and more5 mins read
Anta Sports partners with Kyrie Irving’s father to launch the Kai 1 Speed, making a bold push into Foot Locker and DSG stores across North America and Europe. NewsAnta Sports and Kyrie Irving’s father team up to conquer Western markets3 mins read
US authorities plan new tariffs on Southeast Asian solar imports to protect domestic manufacturers from what they claim is unfair competition. NewsUS introduces preliminary tariffs on Southeast Asian solar imports3 mins read
Secondhand luxury platform Plum is the latest to fold into a bigger player as China’s consumer investment dries up. NewsZhuanzhuan’s takeover of Plum adds to China’s consolidation wave as venture capital cools2 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Truely and Jazro raise funding, IFC invests in First Circle, OpenAI closes massive USD 6.6 billion round, and more5 mins read
Xpeng Motors is racing to meet demand for its Mona M03 after orders exceeded 100,000 units. NewsXpeng ramps up production as Mona M03 orders surpass expectations4 mins read
After a strong start in 2024, Douyin’s life services business faces new challenges in maintaining its momentum. NewsWith RMB 320 billion in sales, Douyin’s life services business still faces uphill growth battle3 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Indonesian startup Broom lands Series A+ funding, Mitsui invests in US-based Numa, latest India deals, and more3 mins read
NewsDeals in brief: Eratani raises Series A funding, Tin Men Capital leads investment in Groundup.ai, seven China deals, and more