Business News

BRUCHSAL, Germany, March 4, 2022 /PRNewswire/ -- Volocopter, the pioneer of urban air mobility, has raised USD 170 million in the initial signing of its Series E funding round led by South Korean investor WP Investment, at a pre-money valuation of USD 1.7 billion. Composed of funds by new and existing investors, the...

SAN DIEGO, April 20, 2022 /PRNewswire/ -- Especia Rum, the latest product from the Philippines' Tanduay Distillers, Inc., has won a Double Gold at the San Diego Spirits Festival. The rum was only recently introduced and is made available in the United States early this year. A blend of rums aged up to seven years in bourbon barrels, Especia...

SINGAPORE, Oct. 5, 2022 /PRNewswire/ -- Customizable indirect procurement is a $57 billion industry in Southeast Asia. Often overlooked, indirect procurement combines some of the largest segments, including business printing, packaging, and gifts. It also counts industry giants from FMCG, retail, and technology companies as some of the top spenders across their marketing prints, in-store, POSM, and packaging needs....

SINGAPORE, Nov. 9, 2022 /PRNewswire/ -- On October 27, Sara Gu, Co-Founder and COO of ClassIn, delivered an inspiring talk on "The Evolution of EdTech–Driving Both Growth and Outcomes in Asia" at EdTech Asia Summit 2022. Joined by the Founder of Elementary Capital Diana Gan and Kaizenvest's Sandeep Aneja, Gu drew on extensive industry experience to share post-pandemic learning...

Agreement includes global cross-license for patented cellular standard-essential technologies and grants certain other patent rights. Settlement ends all ongoing patent-related legal disputes between the parties. Including effects of the settlement, and including ongoing IPR business with all other licensees, Ericsson estimates fourth quarter 2022 IPR licensing revenues will be SEK 5.5 - 6.0 b. STOCKHOLM, Dec. 9,...

The Group saw H1 2023 revenue growth surge to 37% whilst achieving positive operating cash flow. As part of future growth and innovation plans, investments into customer-focused initiatives to enhance customer experience will be prioritised.   With a continued commitment to sustainable growth, the company maintains its plans for an IPO within the next two years.  The Group will...

HONG KONG, Jan. 6, 2022 /PRNewswire/ -- TCL, a leading consumer electronics brand, has returned to CES where it will reveal the thinnest 8K Mini LED TV prototype, its 34-inch WQHD 165Hz R1500 Mini LED monitor, TCL LEINIAO AR and the TCL NXTWEAR AIR glasses. TCL is also exhibiting its latest display technologies, Mini LED and QLED TVs, newest mobile devices...

MELBOURNE, Australia, Sept. 20, 2021 /PRNewswire/ -- Dubber Corporation Limited (ASX: DUB) (Dubber) announces today that it has acquired Brisbane, Australia based technology group Notiv (https://www.notiv.com). Notiv is a developer of innovative cloud-native AI-based products that turn meetings into transcribed notes, summaries, signals, actions, and more. Steve McGovern, CEO, Dubber:"One of our...

SINGAPORE, Sept. 22, 2021 /PRNewswire/ -- In recognition of meeting rigorous standards for systems and network management, security, customer service, and support excellence, CloudMile is now able to offer its clients access to additional services as a Google Cloud Managed Service Provider. These include 24/7 monitoring, multi-account management, system performance tuning and monthly...

STOCKHOLM, Oct. 5, 2021 /PRNewswire/ -- This week at the European Society of Intensive Care congress (ESICM), a study from Liège, Belgium on Bactiguard's endotracheal tubes was presented. The study showed a 53% reduction in ventilator-associated pneumonia (VAP) in intensive care patients, intubated with Bactiguard's endotracheal tube with evacuation lumen (BIP ETT Evac). "These data are of vital importance...