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Asia

In capacity planning, AsianEuropean carriers outpace Transpacific.

The investigation found that scheduled deployments on the AsiaNorth Europe route were representative of actual deployments, even four weeks in advance

The investigation found that scheduled deployments on the AsiaNorth Europe route were representative of actual deployments, even four weeks in advance. Carriers on the AsiaMediterranean route compensated upwards by increasing capacity after scheduling less. Yet, this was nowhere like the capacity adjustment witnessed on the Transpacific route. According to the data, carriers adjusted capacity too aggressively for week 7, but ended up adding some back in the weeks preceding up to the week of deployment. Read More..

B2B Tech News | 15 hours ago         

As fears of SVB and the Credit Suisse fallout ease, Asia shares surge.

Asian stocks staged a recovery on Friday, led by financial and electronics shares, as easing worries over the collapse of US private lender Silicon Va

Asian stocks staged a recovery on Friday, led by financial and electronics shares, as easing worries over the collapse of US private lender Silicon Valley Bank and struggles of Swiss bank Credit Suisse Group lifted sentiment. The Nikkei 225 was up 1.20%, or 323.18 points, to 27,333.79, while the Topix was up 1.15%, or 22.32 points, to 1,959.42. Chinas stocks rose, mirroring gains in global markets, after US banks moved to save another regional lender, and investors welcomed signs of economic recovery in the worlds second largest economy. Foreign investors flocked to Chinese stocks, with net overseas purchases via the Stock Connect exceeding 12 billion yuan. The European Central Bank raised interest rates by 50 basis points to combat inflation, while the Federal Reserve did not. Read More..

B2B Tech News | 15 hours ago         

Connell ONeill Named a Hong Kong Rising Star by Asian Lawful Business

Connell ONeill was added to Asian Legal Businesss inaugural list of Hong Kong Rising Stars 2023, which recognises the future generation of Hong Kong l

Connell ONeill was added to Asian Legal Businesss inaugural list of Hong Kong Rising Stars 2023, which recognises the future generation of Hong Kong lawyers who have proven significant potential in the profession while garnering wide appreciation from their clients in the process. The list was made public in the edition from March 2023. Connell is the head of the firms technology practise in Asia and counsels clients throughout APAC and the Middle East on business and corporate transactions, cybersecurity and privacy, product advice, and commercial intellectual property issues in the media, telecommunications, and information technology industries. Read More..

B2B Tech News | 15 hours ago         

As Wall Street banks work to strengthen the banking system, Asian markets rise.

Asian markets rose on Friday after major Wall Street banks pledged a $30 billion deposit in First Republic Bank to boost trust in the banking system.

Asian markets rose on Friday after major Wall Street banks pledged a $30 billion deposit in First Republic Bank to boost trust in the banking system. In mainland China, the Shenzhen Component ended the day 0.36% higher, while the Shanghai Composite rose 0.73% to 3,250.54. The Hang Seng index in Hong Kong rose 1.81% in the final hour of trading, leading gains in the region, and shares of search engine company Baidu rose more than 15%. The Kospi in South Korea gained 0.75%, while the Nikkei 225 and Topix in Japan both gained 1.15%. The S&P/ASX 200 index in Australia rose 0.42% to 6,994.8. Read More..

B2B Tech News | 16 hours ago         

One Impression, an Indian influencer marketing platform, receives $10 million from Krafton.

The South Korean gaming company Krafton led a $10 million funding round for One Impression, an Indian influencer marketing platform. The Gurugrambased

The South Korean gaming company Krafton led a $10 million funding round for One Impression, an Indian influencer marketing platform. The Gurugrambased startup is developing an Amazonstyle platform to assist brands in quickly locating relevant influencers for their marketing campaigns. It has over 7 million content creators on the platform, including microones from villages and tier2 and tier3 towns, as well as large celebrities and Bollywood actors. One Impression works directly with content creators, agencies, and agents to provide brands with a variety of influencers that meet their needs. The company also provides fullstack solutions ranging from discovery, pricing, and payments to compliance, government contracts, delivery, and performance tracking. It is also developing tools to assist creators in monetizing their content and unlocking opportunities. Read More..

B2B Tech News | 4 days ago         

The largest private healthcare organization in Asia collaborates with the mental health startup Intellect.

Intellect, a Singaporebased mental health platform with over three million users across 20 countries, has formed a strategic alliance with IHH Healthc

Intellect, a Singaporebased mental health platform with over three million users across 20 countries, has formed a strategic alliance with IHH Healthcare, Asias largest private healthcare group. IHH Healthcare will collaborate with Intellect to create and personalise digital mental health programmes for its patients, corporate clients, and employees. Intellect has a consumer app, but it primarily serves enterprise customers who provide its platform as a wellness benefit to their employees. The goal is to provide a broader continuum of care, from preventative to specialised care, across the regions served by the companies. Read More..

B2B Tech News | 4 days ago         

LexxPluss introduces warehouse robots to the United States.

Masaya Aso is a cofounder of LexxPluss, a twoyearold startup that designs and develops autonomous mobile robots for transporting loads and optimising

Masaya Aso is a cofounder of LexxPluss, a twoyearold startup that designs and develops autonomous mobile robots for transporting loads and optimising workflows in warehouses and logistics sites. The company is getting ready to enter the US market, which is expected to grow to $3.2 billion by 2028, accounting for 40% of the global market. The Series A funding will aid in product development, increase the payload to 500kg, and add a 3D visualisation of operations for remote control and monitoring. LexxPluss is a startup that has developed autonomous mobile robots with greater payload capacity and more open mechanical design intellectual property IP and application programming interfaces APIs. It has seven clients and 32 partners, and it has launched an open industrial robotics programme to accelerate collaboration with industrial robotics. Read More..

B2B Tech News | 4 days ago         

WeRide, a robotaxi startup in China, has secretly filed for IPO.

According to Bloomberg on Monday, WeRide.ai, one of the most wellfunded Chinese robotaxi businesses, has applied in secret to go public in the United

According to Bloomberg on Monday, WeRide.ai, one of the most wellfunded Chinese robotaxi businesses, has applied in secret to go public in the United States. The company wants to raise up to $500 million, but geopolitical unrest and regulatory scrutiny made it difficult for it and other Chinese internet companies seeking U.S. IPOs to succeed. When WeRide raised its Series C round almost two years ago, its valuation soared to $3.3 billion a year later, its adversary Pony.ai reached an even higher valuation of $8.5 billion. Yet few investors are eager to write the sizable cheques needed to fund their latestage expansion, and WeRide observed how its rival Ponys IPO efforts failed. Former JPMorgan executive Lawrence Steyn joined Pony as its chief financial officer. Read More..

B2B Tech News | 6 days ago         



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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