NINGBO, China, Aug. 1, 2021 — MissFresh Limited ("MissFresh" or the "Company") (NASDAQ: MF), an innovator and leader in China’s neighborhood retail industry, has launched its Distributed Mini Warehouse-supported fast home delivery operations in Ningbo, offering a range of more than 4,300 products to be delivered in 39 minutes on…
UL Acquires Method Park
The acquisition deepens UL’s automotive and medical device sector safety and security expertise. NORTHBROOK, Ill., July 21, 2021 — UL, the global safety science leader, today announced its acquisition of German-based Method Park, a company specializing in process engineering, software solutions, training and…
Dynamic Solutions HK Limited Set to Trial Wireless Electric Car Charging
HONG KONG, July 20, 2021 — Technology start-up Dynamic Solutions HK Limited has revealed it will begin trialling wireless charging devices that will charge electronic vehicles as they are parked. The innovative induction pads will be installed at the firms’ test center, with in-depth trials expected to start early next month. David Zhongyi,…
eCommerce to Emerge as Mainstream Distribution Channel in Global Automotive Aftermarket by 2025
Revenues from online sales in the aftermarket are estimated to grow at 14% in 2021, finds Frost & Sullivan SANTA CLARA, Calif., July 13, 2021 — Frost & Sullivan’s recent analysis, Global Aftermarket Outlook, 2021, finds that the global automotive aftermarket will gather momentum this year as a slowdown in…
KYMCO and Taiwan Taxi Announce Partnership to Electrify Taiwan’s Largest Two-wheeler B2B Delivery Fleets with Ionex
TAIPEI, July 9, 2021 — KYMCO announced a strategic partnership with Taiwan Taxi to transform the 26,000 two-wheeler delivery fleets operated by its subsidiary GBG Express to Ionex electric vehicles. GBG Express is the largest B2B delivery company in Taiwan specializing in last-mile delivery. It has 40,000 corporate clients from…
Meituan Unveils Self-Developed Drone Model, Plans for Drone Logistics Network at 2021 World Artificial Intelligence Conference
HONG KONG, July 8, 2021 — Meituan (HKG: 3690) (the "Company"), China’s leading e-commerce platform for services, today introduced a new, self-developed drone model and announced plans for a drone logistics network pilot program in Shanghai. The announcement was made at the 2021…
Suning.com Empowers Local Rice Brand with Tailored Farm-To-Table Approach During 618 Shopping Festival
NANJING, China, July 2, 2021 — Suning.com ("the Company"; 002024.SZ), China’s leading smart retail service provider and a Fortune Global 500 company owned by Suning Group, has successfully boosted the sales of high-quality agricultural products and brought a change to local agricultural brands with its industry-leading strengths in supply chain, logistics and retail sales,…
Cloud-based enterprise software provider Eka to transform corporate treasury operations with a new, purpose-built, state-of-the-art solution
– Eka acqui-hires banking and finance tech start-up Trxiea; – Devanshu Bhatt joins leadership team as SVP, Treasury Solutions NEW YORK, June 23, 2021 — Eka Software Solutions, a cloud-based enterprise solutions provider, announced today it has shored up a team of industry experts tasked with delivering a new solution to…
Increased and Evolving Threats Heighten the Demand for Port Security Solutions and Enhanced Safety Technology
New port developments in the APAC, Africa, and the Middle East will push security spending, reveals Frost & Sullivan SANTA CLARA, Calif., June 21, 2021 — The shipping industry is responsible for about 90% of global trade by volume. Frost & Sullivan’s recent analysis on the global maritime port security market…
Senmiao Technology Announces Strategic Cooperation with the Top Online Ride-hailing Platform in China
Company Continues to Establish Partnerships for its Ride-hailing Expansion Initiatives CHENGDU, China, June 19, 2021 — Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China and an operator of its own online ride-sharing platform, today announced the signing of a…