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Temasek leads $50m funding in Chinese container truck fleet operator Duckbill

Temasek leads $50m funding in Chinese container truck fleet operator Duckbill Photo: Duckbill March 17, 2021 Singapore state investor Temasek Holdings Limited has led a $50 million new funding in the Shanghai-based container truck fleet operator Duckbill Inc, according to a company statement on Tuesday. The fresh funding, which the company claims is the largest single fundraising in the industry in China, brings the total corpus raised by Duckbill to nearly $100 million. The latest round was joined by Pavilion Capital, a Singapore-based, growth-stage venture investor that targets companies in the US and Asia. Returning investor Future Capital also made a follow-on investment. Duckbill will continue to align its R&D capacity with new generation logistics management systems, while it also plans to facilitate its digital transport networks, it said after the fundraising.

Feng wangDuckbill incTemasek holdingsTemasek holdings limitedPavilion capitalFuture capitalEast chinaNingbo zhoushan portNorth chinaShenzhen portQindao portShunwei capitalSunyard system engineeringCannova investmentEminence venturesFengwang investment

Tencent-backed Chinese cloud IoT provider Tuya files for US IPO

Tencent-backed Chinese cloud IoT provider Tuya files for US IPO March 3, 2021 Tuya, a Chinese IoT cloud platform for smart devices, has filed for an initial public offering (IPO) on the New York Stock Exchange. It said in a filing that it targets to raise $100 million, which is a placeholder amount likely to change. In the regulatory filing, Tuya did not disclose its pricing terms and it has not selected a ticker symbol. Morgan Stanley, BofA Securities, and Chinese global investment bank CICC are the joint bookrunners for the deal. After the IPO, Tuya will bankroll the developments of R&D, and brand marketing. It may also invest some part of the proceeds for technology infrastructure investments.

Schneider electricMorgan stanleyYork stock exchangeEnterprise associatesNew york stock exchangeChinese iotNew york stockBofa securitiesEast chinaIot paasNew enterprise associatesParis based quadrille capitalFuture capitalOriental fortune capitalVision plus capitalQuadrille capital

Rihanna : sa marque de lingerie Savage x Fenty vaut 1 milliard $

Rihanna : sa marque de lingerie Savage x Fenty vaut 1 milliard $
lanouvelletribune.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lanouvelletribune.info Daily Mail and Mail on Sunday newspapers.

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Sebi ban on Kishore Biyani: how one of the Future Retail CMD s many schemes landed him in trouble

Kishore Biyani, whose several restructuring schemes once made him the darling of the markets, finds himself in a tight corner. Market regulator Sebi has barred him and his associates for a year over insider-trading charges. Will Biyani be lucky one more time?

Kishore biyaniIndia incFuture capitalDelhi high courtFuture retailகிஷோர் பியானிஇந்தியா இன்க்எதிர்கால மூலதனம்டெல்ஹி உயர் நீதிமன்றம்எதிர்கால சில்லறை

Mundial de Balonmano 2021: España - Brasil, en directo el Mundial de Balonmano

Mundial de Balonmano 2021: España - Brasil, en directo el Mundial de Balonmano
marca.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marca.com Daily Mail and Mail on Sunday newspapers.

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