News

Faraday Future has formed partnerships with Chinese automakers to sell cars in the world’s largest EV market.

The Mumbai-based firm made a profit of USD 24.4 million in the financial year ended March 31, 2020—a big jump from the USD 11.7 million loss it made a year earlier.

The firm aims to give back “10 billion man-hours” to finance teams across Southeast Asia each year.

Traveloka experienced major turbulence in 2020 due to the pandemic, but the firm said its business is recovering.

The new education-focused video app, Xiao Qu Xing, will have a 40-minute view time limit.

Heavyweight investors including SoftBank, Falcon Edge, and Tiger Global have pumped hundreds of millions of dollars into India’s used car segment since the start of this year.

Lightricks’ suite of tools includes Facetune2, Facetune Video, and Videoleap.

Maqsad’s team has already run two pilots in the first half of 2021 and aims to launch their platform later this year.