CHENGDU, China, Aug. 7, 2020 — Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China, today announced the closing of its previously announced underwritten public offering of 12,000,000 shares of common stock at a price of $0.50 per…
Geek+ and Kuecker Logistics Group Announces Distribution Agreement
Geek+ and Kuecker Logistics Group enter a distribution partnership to provide smart logistics robotics solutions to customers across North America SAN DIEGO, California, July 29, 2020 — Geek+, a global AMR leader, announced a beginning of a new distribution partnership with Kuecker Logistics Group (KLG), a material handling…
Intelligent traffic management: helping vehicles to flow through an ancient city
Traffic continues to grow in every major city. But how do you beat congestion in these restricted urban spaces? In China’s ancient-walled city of Xi’an, they’re adopting an intelligent traffic management system based on Hikvision technology – and boosting traffic flow while reducing journey time. HANGZHOU, China, July 24, 2020…
AUTOCRYPT Wins V2X SCMS Contract for Nationwide ITS Project
SEOUL, South Korea, July 23, 2020 — AUTOCRYPT Co., Ltd., a leading transportation security solutions provider, announced that it would be heading the Korean Expressway Corporation (KEC) V2X Security Credential Management System (SCMS) project. AUTOCRYPT is to deliver production-grade SCMS for KEC, which announced its plans for a national V2X…
Frost & Sullivan Applaudes AWS for Leading the Automotive Cloud Services Market with a Comprehensive Suite of Solutions
AWS complements its large ecosystem of solutions and partners with a deep focus on customer experience SANTA CLARA, California, July 22, 2020 — Based on its recent analysis of global automotive cloud services platforms for the mobility industry, Frost & Sullivan recognizes Amazon Web Services, Inc. (AWS) with the 2020 Global…
Nine Leading Businesses Launch New Initiative to Accelerate Progress to a Net Zero Future
Initiative is committed to leading by example, charting the course for other businesses to follow REDMOND, Washington, July 21, 2020 — The heads of nine companies today announced the establishment of a new initiative to accelerate the transition to a net zero global economy. The initiative, known as Transform to Net…
Chemist Warehouse teams up with Cohesio Group (Körber) for same-day delivery solution
MELBOURNE, Australia, July 15, 2020 — In response to the changing demands of consumers and a record peak in online orders during COVID-19, Australia’s largest pharmacy retailer, Chemist Warehouse, has teamed up with Cohesio Group (Körber) to launch a same-day delivery service for its 1.5 million weekly customers. …
Hellobike unveils trifecta of innovative shared mobility AI technologies at WAIC2020
SHANGHAI, July 10, 2020 — Hellobike, China’s two-wheel transport industry leader, has unveiled three revolutionary shared mobility AI technologies at the 2020 World Artificial Intelligence Conference (WAIC2020), taking place virtually between 9 and 11 July. In line with the conference theme, ‘Intelligent Connectivity, Indivisible Community’, Hellobike showcased its independent research…
Renren Announces Filing of Annual Report on Form 20-F
BEIJING, July 8, 2020 — Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a leading premium used auto business in China through its subsidiary Kaixin Auto Holdings (NASDAQ: KXIN) ("Kaixin") as well as several U.S.-based SaaS businesses, today announced the filing of its annual report on Form 20-F for…
XAG Drones Tested, Add Sweet Spot for South Africa’s Sugar Crisis
PIETERMARITZBURG, South Africa, July 6, 2020 — Drones, with specialty spraying technology, was deployed for a recent sugarcane ripening trail in South Africa, showing an evident increase in the amount of sugar extracted from these canes. This might signal a potential improvement in profit margin for the cane growers, who…