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Banana Republic’s new White Lotus collection is designed for you to look MOV (moneyed on vacation)

Fast Company Tech

Posen recently launched GapStudio, a higher end sub brandwhich doubles a soft marketing strategy of elevating overall brand perception. It aligns with the company’s approach to fashion entertainment concepted by Gap Inc CEO Richard Dixon , says Meena Anvary, Banana Republics head of marketing.

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​​Xpeng, Zeekr, and more enter Thailand, eye expansion across Southeast Asia

TechNode

Chinas Zeekr and Xpeng Motors will begin delivering their electric vehicles to Thailand later this year while eyeing expansion to other Southeast Asian countries, as they seek further overseas growth amid slowing opportunities at home. The EV giant captured 4% of the countrys auto market with sales in 2023 of about 30,000 EVs.

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Thailand’s fintech startup Ascend Money lands $150M at a $1.5B valuation

TechCrunch

Ascend Money , the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 About 70% came from Thailand while 30% came from the international market, the co-President Thamavaranukupt said.

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China’s Changan sets up subsidiary in Thailand, expands sales network

TechNode

Changan Auto has completed the registration of its subsidiary in Thailand, as required by the countrys Department of Business Development. This factory will have an annual capacity of 100,000 electric vehicles, as announced by Thailands Board of Investment on April 20. million cars in the overseas markets by 2030.

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China’s Chery Auto to enter Thailand in first half of 2024: executive

TechNode

Chinas Chery Automobile, which has a manufacturing partnership with luxury carmaker Jaguar Land Rover (JLR), will enter Thailand with an all-electric model in the first half of 2024, Vice President Xu Qingsong said at the China-ASEAN Expo in the southern city of Nanning on Monday. Caixin, in Chinese ]

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Changan to construct $242 m plant in Thailand as Chinese EV brands rush to SEA

TechNode

Chinas Changan Automobile on Tuesday signed an agreement with Thailands Board of Investment in Beijing to build a $241.7 million electric vehicle factory in the countrys coastal Rayong province, the latest development by Chinese automakers to expand their reach in the global car market.

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Malaysia-based inventory management platform Food Market Hub raises $4 million from Go-Ventures, SIG

TechCrunch

Food Market Hub co-founders Anthony See and Shayna Teh. Malaysia-based Food Market Hub is a cloud-based platform that connects food and beverage (F&B) outlets directly to suppliers, making it easier to communicate and manage orders. This brings Food Market Hub’s total funding to $4.7 million so far.