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The decade-old company has now diversified into a software-as-a-service company.

The electric vehicle startup’s listing in Hong Kong follows its USD 1.5 billion New York IPO in August 2020.

The company developed its own 3D modeling engine for clients with advanced manufacturing needs.

With the latest acquisition, AirAsia is set to “turbocharge” its ambition to become “a leading ASEAN challenger super app,” said the group CEO.

Local restaurants have accused Swiggy and Zomato of sky-high commissions, deep discounting practices, and withholding customer data, among other things.

Tougher oversight poses market decoupling risk for IPO hopefuls.

The startup aims to deliver 500,000 units of its assisted driving solution this year, up from 170,000 in 2020.

The startup’s precision location services are accurate to within 1 cm in real time.