Business News

AAC Technologies Expects Group Revenue Growth of Over 18% in 2025, with a Gross Profit Margin Higher than 2024

SINGAPORE, Aug. 27, 2025 /PRNewswire/ — On August 21, AAC Technologies (2018.HK) released its 2025 interim results report in Singapore. The Group’s revenue for the first half was RMB 13.32 billion, a year-on-year increase of 18.4%, setting a new record high. Net profit surged by 63.1% year-on-year to RMB 876 million. AAC Technologies CFO Guo Dan said that the Company’s revenue in the […]

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With GWM Brazil Plant Opening, Global Standards Meet Local Manufacturing

São Paulo, Brazil, Aug. 25, 2025 (GLOBE NEWSWIRE) — GWM officially inaugurated its Brazil Plant in Iracemápolis, São Paulo, marking its first full-process manufacturing hub in South America. With annual production capacity set to grow from 20,000 to 50,000 vehicles, the plant exemplifies GWM’s “high-quality globalization”strategy—delivering global standards while earning local trust.”

Industry analysts describe the Brazil Plant as more than a factory, but a symbol of advanced technology, local adaptation, and reliability. Certified ISO 9001:2015 even before operations began, the facility reflects GWM’s strict global quality and safety systems, ensuring Brazilian consumers receive the same level of trust and assurance in China, Europe, and other markets.

Three Flagship Models Under the Spotlight

GWM HAVAL H6 series — Already the best-selling Chinese SUV in Brazil, now produced locally in multiple hybrid versions (HEV, PHEV, and GT). CNN Brasil highlighted that the H6 will be among the first “made in Brazil” GWM models, consolidating its market presence.

GWM POER 2.4T Pickup — Featuring a 2.4L turbo diesel engine, 9-speed automatic transmission. Guru dos Carros noted that the GWM POER 2.4T enters Brazil as a direct competitor to established pickups like Toyota Hilux, combining strength and practicality.

GWM HAVAL H9 SUV — A Mid- to full-size SUV diesel SUV designed for Brazil’s varied terrains. UOL Carros reported that the model targets families and adventurers, bringing a new full-size SUV option to the market.

Relying on its independent R&D strength in diesel power technology, GWM has achieved remarkable success in the international market. Its diesel models—such as the TANK 300/500, HAVAL H9, and GWM POER—are highly recognized for their performance, reliability, and efficiency.

Australian media outlet 4X4 Australia praised the GWM POER 2.4T, noting that its “linear power delivery and 480 N·m of torque outperform the Ford Ranger 2.0T in low-speed off-road driving.” Thai media Yoojia highlighted the TANK 500 Diesel “Black Warrior,” stating that its “all-black finish and triple differential locks break the price monopoly of Toyota and Ford, with even greater advantages in long-distance driving.”

GWM’s Brazil Plant focuses on diesel and hybrid technologies. At the plant’s inauguration ceremony, Brazilian President Lula commended GWM for its “localized technology.” Local media also reported that the HAVAL H9 Diesel “adapts well to the Amazon rainforest road conditions while being 15% more fuel-efficient than Japanese models.”

Local Trust, Global Recognition

From January to July 2025, electrified vehicle sales in Brazil surged nearly 47% year-on-year, with the H6 series among the segment leaders.

GWM’s investment will generate 1000 local jobs by year-end, while promoting local sourcing for key components such as paint, tires, seats, wiring, and glass .

At the inauguration, Brazilian President Luiz Inácio Lula da Silva praised GWM’s role in strengthening national industry:“The GWM Brazil plant is very important for Brazil’s national industry. Its inauguration shows that Brazil has the capability to acquire advanced technology and produce vehicles that can compete with those from any country in the world. This means creating jobs, increasing income, and enhancing professional expertise for Brazilians.”

With advanced hybrid solutions, robust diesel options, and internationally certified quality, the GWM Brazil Plant positions the company not only as a carmaker, but also as a long-term partner in Brazil’s sustainable future.

CONTACT: Carol Wang
GWM
globalmarketing-at-gwm.cn

With GWM Brazil Plant Opening, Global Standards Meet Local Manufacturing Read More »

Fix-It Right Plumbing Reveals the Realities and Rewards of Life on the Job

Melbourne, Aug. 20, 2025 (GLOBE NEWSWIRE) — For the growing team at Fix-It Right Plumbing, plumbing is a trade built on purpose, precision, and pride. But for the crew at Fix-It Right Plumbing, the job is about much more than that. It’s about pride in the work, supporting local families, and turning a hands-on trade into a rewarding, people-first profession.

In a new blog post titled “Hard Work, Big Impact: Life on the Job with Fix-It Right Plumbing,” the Melbourne-based plumbing company offers an unfiltered look at the day-to-day life of its plumbing team. From the physical demands to the satisfaction of solving complex problems, the blog captures the challenges, humour, and heart that come with being a Fix-It Right plumber.

Fix-It Right Plumbing Expert Plumber in tight space

“Being a Fix-It Right plumber isn’t just about tools and repairs,” said a representative at Fix-It Right Plumbing. “Yes, it can be tough and dirty, but it’s also deeply satisfying. Our team genuinely cares about what they do, and that shows in the results we deliver and the relationships we build.”

What makes Fix-It Right different is its focus on providing permanent solutions, not quick band-aid fixes. Every plumber is trained to diagnose the actual problem, educate the customer, and leave their home in better condition than they found it. This approach means fewer call-backs, longer-lasting results, and happier customers.

“It was our pleasure to have Thane working on a big job at our place to repair our broken sewer and stormwater pipes,” said recent customer Tony Davies. “He was always on time, always thinking up the best ways to fix the problems, shared his knowledge and talked us through what was happening every step of the way.”

It’s a sentiment echoed across hundreds of reviews from homeowners throughout Melbourne, Canberra, and beyond. Whether the job is large or small, Fix-It Right plumbers approach every site with professionalism, honesty, and attention to detail.

While no two days are the same, one thing is constant: the physical and mental demands of the job. From navigating underfloor spaces and dealing with ageing infrastructure, to handling the occasional emergency call-out, it’s work that requires grit and quick thinking.

However, for team members like Lachie, who regularly earns praise from customers, the effort is worthwhile.

“Lachie was awesome, super knowledgeable, and invested in making sure my problem was fully resolved,” wrote Rachel C., a recent client. “The company had also helped me with a leak issue a couple of years before, and I would recommend them to anyone needing quality plumbing work and expertise.”

According to Fix-It Right plumbing’s plumbers, the real reward comes from seeing the relief on a customer’s face after resolving a major issue, or from empowering a homeowner to better understand their system. Some enjoy the problem-solving aspect, while others appreciate the freedom of working in the field, and many value the strong team culture that exists.

Fix-It Right Plumbing invests heavily in its staff, offering ongoing technical training, access to up-to-date tools, and a work environment that prioritises doing things properly over rushing through jobs. This has helped the business establish a reputation not only as a service provider but also as an employer of choice in the trades sector.

“I would give Conrad 10 stars if I could – he helped me save money despite my predicament and gave me honest advice and contacts which I’m very grateful for,” said recent customer Whitney Calabro.

This level of care extends both to customers and staff. New apprentices are mentored, experienced technicians are respected, and no one is pushed to cut corners. The company has fostered a team spirit where taking pride in your work isn’t just encouraged—it’s expected.

The blog makes it clear: plumbing can be a physically demanding job, but it’s a career full of purpose. It’s about trust, integrity, and making a lasting impact. With thousands of Australian households relying on quality plumbing services every day, Fix-It Right’s customer-first approach is more than good business—it’s good citizenship.

For readers who want to understand what really happens behind the scenes—from morning toolbox meetings to tricky late-night leak repairs—the blog offers a relatable, honest account of life on the tools.

To read the full feature, visit the Fix-It Right Plumbing blog page.

About Fix-It Right Plumbing
Fix-It Right Plumbing is a respected, Australian-owned plumbing company that services residential customers in Melbourne, Canberra, and surrounding regions. Known for its preventative approach, technical excellence, and dedication to customer service, the company provides long-term plumbing solutions backed by a passionate and highly trained team.

Recent News: Fix-It Right Plumbing Melbourne Celebrates Over 2,000 Glowing Customer Reviews, Cementing Its Reputation for Excellence

https://www.youtube.com/watch?v=Vl5vMtkEQLI

###

For more information about Fix-It Right Plumbing, contact the company here:

Fix-It Right Plumbing
Media Relations
+61 1300 664 932
info@fixitrightplumbing.com.au
https://www.fixitrightplumbing.com.au/plumber-melbourne/
Media Relations
2 Insight Circuit
Carrum Downs 3201
Australia

CONTACT: Media Relations

Fix-It Right Plumbing Reveals the Realities and Rewards of Life on the Job Read More »

Unlocking South Korea’s Laundry Market Potential: Alliance Laundry Systems Invites Investors to Capitalize on Modernization and Rising Demand

SEOUL, South Korea, Aug. 21, 2025 /PRNewswire/ — As South Korea continues its rapid urban development and technological advancement, the country’s laundry industry is experiencing a significant transformation. Driven by a highly urbanized population, increasing demand for convenience, and a booming tourism sector, South Korea presents a compelling opportunity for investors and entrepreneurs interested in establishing or expanding laundromat businesses. Alliance

Unlocking South Korea’s Laundry Market Potential: Alliance Laundry Systems Invites Investors to Capitalize on Modernization and Rising Demand Read More »

HGC Appoints Argon Ho as Chief Commercial Officer of Group ICT Business

HONG KONG SAR – Media OutReach Newswire – 20 August 2025 – HGC Global Communications (“HGC” or the “Group“), a fully-fledged ICT service provider and network operator with extensive global coverage, today announced the appointment of Argon Ho as Chief Commercial Officer – Group ICT Business, with immediate effect. In this role, Argon will oversee the Group’s ICT organisation and enhance ICT

HGC Appoints Argon Ho as Chief Commercial Officer of Group ICT Business Read More »

Armizan Praises Local Kopitiam Chain for Record-Breaking Nasi Lemak Sales and National Unity Promotion

KUALA LUMPUR, Malaysia, Aug 16, 2025 – Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali today celebrated the achievements of local kopitiam chain Ali, Muthu & Ah Hock, which earned a spot in the Malaysia Book of Records for selling a record 452,162 plates of nasi lemak in 2024. The chain, founded

Armizan Praises Local Kopitiam Chain for Record-Breaking Nasi Lemak Sales and National Unity Promotion Read More »

LiTime 12V 100Ah Smart ComFlex Battery Enables External Communication—Starting with Victron Integration

Shenzhen, China, Aug. 15, 2025 (GLOBE NEWSWIRE) —

LiTime, a global pioneer in energy innovation, reports that its flagship product—the 12V 100Ah Smart ComFlex Battery, featuring LiTime’s T5.0 external communication technology—has successfully achieved full compatibility and deep integration with the energy management systems of Victron Energy, a leading supplier of power solutions in the global marine market, delivering an intelligent, flexible, and affordable energy solution for users.

Full Integration Boosts Intelligent and Flexible Energy Management for RV and Marine Applications

Founded in 1975 and headquartered in the Netherlands, Victron Energy is renowned for delivering highly reliable off-grid energy solutions. With over one million active users on its VictronConnect app, the company has earned strong industry recognition for advanced user monitoring and remote energy management capabilities.

LiTime is a premium brand specializing in lithium iron phosphate (LiFePO₄) battery technology, backed by 16 years of innovation, technical expertise, and a global customer support network. The company is dedicated to advancing intelligent, safe, and flexible energy storage solutions. Its ComFlex series is the first to feature LiTime T5.0 external communication technology, offering robust system compatibility and exceptional openness for seamless integration.

As technical leaders in their respective fields, the successful integration of LiTime batteries with Victron Energy systems highlights both companies’ excellence in intelligent communication and system interoperability—delivering an intelligent and flexible energy management solution for RV and marine users worldwide.

Moving forward, LiTime will continue to enhance compatibility with more mainstream platforms to meet the diverse needs of users across a wide range of application scenarios.

Addressing Industry Pain Points: Breakthrough Connectivity Expands User Choice

For years, RV and marine users have faced a difficult trade-off when selecting batteries to integrate with third-party energy management systems and build a complete energy control solution:

  • Option 1: Purchase high-priced batteries to gain intelligent energy management.
  • Option 2: Choose lower-cost alternatives that lack cell-level monitoring and real-time, battery-driven charge optimization, often requiring extra wiring and manual parameter setup.

The market is calling for an intelligent yet affordable solution that empowers more users to enjoy intelligent, efficient, and seamless energy management.

The LiTime 12V 100Ah Smart ComFlex Battery breaks this long-standing deadlock. As the first battery among similarly priced connected solutions to achieve deep communication compatibility with Victron energy management systems, it delivers cell-level monitoring and intelligent, real-time charge optimization without extra accessories or complex setup—just plug and play. Compared to high-priced alternatives offering similar intelligent connectivity, this solution is expected to significantly reduce overall system integration costs, delivering an intelligent and more affordable energy management choice for RV and marine users worldwide.

User-Driven Value Delivered Through Seamless Integration with Victron Energy Systems

  • Intelligent Energy Management: The LiTime 12V 100Ah Smart ComFlex Battery supports up to 16 units in parallel and provides real-time reporting of critical data—including charge current limits, discharge current limits, charge voltage limits, and individual cell status—to the Victron system. This data, reported by the battery system, enables the system to dynamically optimize charge strategies, ensuring safe and stable operation while extending battery life and improving overall energy efficiency.
  • Visualized Energy Status: Once integrated with Victron systems, the battery allows users to monitor real-time data—such as state of charge and battery health—via Victron displays, mobile apps, the Victron Remote Management (VRM) system, and RV-C or NMEA2000-compatible vehicle or marine control panels. With all key energy metrics visible on a single screen, users gain full situational awareness. The system also supports intelligent alerts for voltage,  current, and temperature anomalies to avoid unexpected power shortages during the journey.
  • Plug-and-Play Installation Convenience: Featuring a built-in smart BMS and a native CAN communication interface, the LiTime battery connects directly to Victron GX communication series devices—eliminating the need for additional BMS or SmartShunt, simplifying wiring, and making installation easier than ever.
  •  Remote OTA Upgrades & Open Connectivity: The battery supports over-the-air (OTA) firmware updates, allowing users to receive the latest features and performance optimizations online without returning the unit for service. OTA updates also enable continuous expansion of compatibility with additional third-party energy management systems via RS485 and CAN communication protocols, ensuring an open and easily upgradable power solution.
  • Cost-Effective: With its native communication capability, the LiTime 12V 100Ah Smart ComFlex Battery seamlessly connects to Victron’s energy management framework, delivering premium-level functionality—comprehensive monitoring, intelligent energy management, and automated system configuration—at lower total cost.

 “We provide intelligent, affordable, and flexible energy solutions to power every adventure our users take,” said a LiTime specialist.

Global Product Roadmap: Accelerating the Buildout of an Intelligent Energy Ecosystem

LiTime plans to launch its 48V 100Ah Smart ComFlex Battery in the U.S. market in Q3 2025, followed by the 24V 100Ah model in Q4 2025. Both products are expected to make their German market debut later in Q4, with subsequent expansions into Australia, Japan.

The upcoming Smart ComFlex batteries are designed to fully support multiple external communication protocols and offer deep, seamless integration with the LiTime 48V 3500W and 24V 3000W All-in-One Solar inverter Charger, lowering total system integration costs even more significantly. This global rollout further accelerates the realization of LiTime’s intelligent energy ecosystem, delivering smarter, more convenient, and affordable energy management solutions for users worldwide.

Looking Ahead

LiTime’s latest technical breakthrough not only strengthens its global market competitiveness but also delivers more cost-effective and reliable energy solutions for RV and marine users worldwide.

Moving forward, LiTime will continue to expand compatibility with additional third-party brands such as SMA/GoodWe/DEYE/GROWATT based on customers’ needs, further enriching its technology ecosystem. The company is also planning to integrate AI-powered predictive analysis and edge-computing adaptive control, aiming to provide users with even more precise, intelligent, and energy-efficient power management experiences in the future.

About LiTime

LiTime is a premium brand specializing in lithium iron phosphate (LiFePO₄) battery technologies. With 16 years of expertise in the new energy storage industry, the company is committed to delivering safe, intelligent, and sustainable energy solutions to a global user base across RV, marine, solar, and off-grid applications. Guided by its brand philosophy, Life & Discovery, LiTime combines strong R&D capabilities, rigorous production standards, and top-tier service to meet evolving market needs. To date, LiTime’s advanced battery technology has earned over 380 product certifications worldwide. By reducing the global carbon footprint and transforming the future of energy systems, LiTime is trusted by both professionals and adventurers to power tomorrow’s clean energy journeys — Powering Outdoor Adventures for Generations. 

Learn More 

Company: LiTime USA/Germany/Japan

Visit:www.litime.com

Subscribe:

https://www.facebook.com/litimepower

https://www.instagram.com/litimepower/

https://www.youtube.com/@litimepower

CONTACT: Crush Chen
marketing(at)litime.com

LiTime 12V 100Ah Smart ComFlex Battery Enables External Communication—Starting with Victron Integration Read More »

From Everyday to Extreme, toolant Launches Brand New Line of Hand Tools

This innovative collection includes a brand new cost-performance plier wrench as well as best-selling compact flex-head ratchet for tight spaces to revolutionize your toolbox

NEW YORK, Aug. 15, 2025 (GLOBE NEWSWIRE) — Today, toolant, a tool and accessories brand built around real-world needs, announced the launch of its brand new hand tools collection designed for automotive enthusiasts and professional car detailers alike. From everyday to extreme use, the collection features two groundbreaking products: the toolant 10-inch Plier Wrench and the toolant ⅜’’ Drive Flex Head Ratchet Wrench.

Sick of rummaging through your toolbox from task to task for the right size wrench? The toolant Plier Wrench provides the ultimate cost-performance replacement for adjustable wrenches. With wide jaw capacity, opening up to 52 mm (2’’) and the fast, self-adjusting mechanism, which quickly adjusts the jaw size with a push-lock button, the Plier Wrench is extremely versatile for different spaces and tasks. With no repositioning required after each turn, users can stop adjusting and start wrenching with one tool for gripping, tightening and holding—without any slips.

The Plier Wrench is made up of a premium CR-V steel frame and parallel smooth jaws, engineered for a firm, slip-free grip, making it highly durable and effective – built to improve efficiency and resist corrosion for long-term use. It was designed with the user in mind, down to the lever, which consists of a 10:1 leverage ratio to reduce hand strain during extended use.

Plier Wrench

The collection also includes toolant’s Compact Drive Flex Head Ratchet Wrench, representing the smallest head in its class to provide unparalleled access in extremely tight spaces. No room? No problem. The combination of its compact design and advanced mechanics make it the perfect tool for intricate work in engines or machinery. It boasts an ultra-compact head, ⅜’’ drive in a ¼’’ body, for nearly unlimited access in tight spaces, as well as a 90-tooth, 4° swing and an 11-position locking flex head for maximum precision in these confined areas.

Flex Head Ratchet Wrench

With ergonomic leverage through the long handle and easy “on/off” switch, users experience 35% less fatigue, making getting to those hard-to-reach places a little less taxing.

The Drive Flex Head Ratchet Wrench is tough and durable. With 1.5x ASME torque ensuring this wrench can withstand up to 75,000 cycles, and a lifetime guarantee, users can rest easy knowing toolant is offering worry-free performance that will last.

Raising the standard for everyday tools, these products join toolant’s growing lineup of practical, high-performance solutions shaped by those who use them most including the toolant Impact Magnetic Nut Driver and the toolant Tap and Die Set.

The new innovative products – toolant Plier Wrench ($25.99) and the Compact Drive Flex Head Ratchet Wrench ($27.99) – are now available on Amazon, ensuring easy access for DIYers and professionals alike.

About toolant
toolant is a tool and accessories brand built around real-world needs with a mission to solve real problems through rapid, user-driven development. With a focus on engineering precision and continuous improvement, toolant turns feedback into function and measures progress through the lens of how meaningfully each new product outperforms its predecessor. Built on iteration and driven by innovation, toolant evolves with its users, one improvement at a time.

Photos accompanying this announcement are available at: 

https://www.globenewswire.com/NewsRoom/AttachmentNg/86e4afa2-f93c-49d8-9c71-8e0243eec8a0

https://www.globenewswire.com/NewsRoom/AttachmentNg/db7ae2ff-35b2-4d43-a504-be10932f34e5

CONTACT: toolant@finnpartners.com

From Everyday to Extreme, toolant Launches Brand New Line of Hand Tools Read More »

WeRide Secures Strategic Equity Investment from Grab, Partners to Deploy Robotaxis and Autonomous Shuttles in Southeast Asia

WeRide x Grab

NEW YORK, Aug. 15, 2025 (GLOBE NEWSWIRE) — WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, announced today that Grab (NASDAQ: GRAB), Southeast Asia’s leading superapp, has committed to a strategic equity investment in WeRide. The investment is part of a strategic partnership between both companies to accelerate the deployment and commercialisation of Level 4 Robotaxis and shuttles in Southeast Asia, and reflects a shared vision to seamlessly integrate WeRide’s autonomous vehicles (AVs) into Grab’s network to enhance service and safety levels.     

Grab’s investment is expected to be completed by the first half of 2026, subject to customary closing conditions and WeRide’s preferred timing. It supports WeRide’s growth strategy to expand its commercial AV fleet in Southeast Asia and advance AI-driven mobility.

This partnership will establish a framework for deploying autonomous solutions across Grab’s network to enhance operational efficiency and scalability. As part of this strategic collaboration, WeRide will integrate its autonomous driving technology into Grab’s fleet management, vehicle matching and routing ecosystem. In addition, WeRide and Grab will train, upskill and transition interested Grab driver-partners and local communities to high-value career pathways within the AV industry.

“WeRide’s vision for Southeast Asia is to deploy thousands of Robotaxis across the region, through a progressive rollout aligned with local regulations and societal readiness. Grab, our newest partner and investor, is a household name in Southeast Asia with unmatched regional expertise and scale in ride-hailing and digital services. Together, we will combine WeRide’s advanced AV technology and operational know-how with Grab’s strengths to accelerate safe, efficient Robotaxi services, enter new markets, and reinforce our first-mover leadership in shaping the future of mobility,” said Dr. Tony Han, Founder and Chief Executive Officer of WeRide.     

“We want everyone in Southeast Asia to have access to reliable transportation whenever they need it. However, manpower constraints remain a challenge. We believe AVs can complement our driver network and be deployed in cities with significant driver shortages. We look forward to working with WeRide to extensively test their vehicles across diverse Southeast Asian environments. This will allow us to gain valuable insights into their real-world performance, adapt the technology to further enhance safety and reliability, and meet the region’s unique needs,” said Anthony Tan, Group Chief Executive Officer and Co-Founder of Grab.

A scalable approach to the deployment and management of AVs.
WeRide will collaborate with Grab on the technical and operational requirements for seamless, end-to-end integration into Grab’s fleet management system, in the following areas:

  1. Optimising dispatch and routing: Leveraging seamless integration of WeRide and Grab’s platforms to efficiently deploy and route AVs, enhancing passenger experience.
  2. Maximising vehicle uptime: Developing robust maintenance, repair, and charging protocols to ensure operational efficiency.
  3. Measuring safety performance: Leveraging WeRide’s regional operational experience to train AVs to navigate Southeast Asia’s traffic conditions, and assess their ability to reduce accidents caused by human errors.
  4. Remote monitoring and teleoperations: Establishing processes to ensure safety and provide remote support during emergency scenarios.
  5. Customer support: Implementing systems for rapid issue resolution to deliver seamless service.
  6. Training and upskilling: Tapping on WeRide trainers’ extensive AV remote supervision experience and GrabAcademy’s track record in upskilling driver-partners to prepare and transition driver-partners and local communities for future roles.

This expanded partnership builds on a Memorandum of Understanding signed in March 2025, where WeRide and Grab committed to exploring the technical feasibility, commercial viability, and job creation potential of AVs in the region.

About WeRide
WeRide is a global leader and a first mover in the autonomous driving industry, as well as the first publicly traded Robotaxi company. Our autonomous vehicles have been tested or operated in over 30 cities across 10 countries. We are also the first and only technology company whose products have received autonomous driving permits in six markets: China, Singapore, France, Saudi Arabia, the UAE, and the US. Empowered by the smart, versatile, cost-effective, and highly adaptable WeRide One platform, WeRide provides autonomous driving products and services from L2 to L4, addressing transportation needs in the mobility, logistics, and sanitation industries. WeRide was named in Fortune Magazine’s 2024 “The Future 50” list.

Media Contact
pr@weride.ai

About Grab
Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 800 cities in eight Southeast Asian countries – Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and insurance, all through a single app. We operate supermarkets in Malaysia under Jaya Grocer and Everrise, which enables us to bring the convenience of on-demand grocery delivery to more consumers in the country. As part of our financial services offerings, we also provide digital banking services through GXS Bank in Singapore and GXBank in Malaysia. Grab was founded in 2012 with the mission to drive Southeast Asia forward by creating economic empowerment for everyone. Grab strives to serve a triple bottom line – we aim to simultaneously deliver financial performance for our shareholders and have a positive social impact, which includes economic empowerment for millions of people in the region, while mitigating our environmental footprint.

Media Contact
grabsg@infom.asia

Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about WeRide and Grab’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in WeRide and Grab’s filings with the U.S. Securities and Exchange Commission. All information provided in this Report is as of the date of this Report. WeRide and Grab do not undertake any obligation to update any forward-looking statement, except as required under applicable law.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/41ccc851-08da-427f-b4c6-57b5eb23f6b0

WeRide Secures Strategic Equity Investment from Grab, Partners to Deploy Robotaxis and Autonomous Shuttles in Southeast Asia Read More »

flynas Celebrates the Launch of Its First Direct Flights Between Riyadh and Moscow

Starting a new chapter in air connectivity

Riyadh, Aug. 14, 2025 (GLOBE NEWSWIRE) — flynas, the leading low-cost airline in the world and the best LCC in the Middle East, celebrated launching three direct weekly flights between Riyadh and Moscow as of the first of August, starting a new chapter in air connectivity, and becoming the first carrier to operate scheduled direct flights between Saudi Arabia and Russia, in collaboration with the Saudi Tourism Authority, and within flynas growth and expansion plan and parallel with the national objectives in the tourism and aviation sectors in the Kingdom.

Inauguration ceremonies were held at King Khalid International Airport in Riyadh and Vnukovo International Airport in Moscow on Friday, August 1. The ceremonies were attended by Abdulrahman Al-Ahmad, the Ambassador of the Custodian of the Two Holy Mosques to Russia, and representatives from flynas, Riyadh Airports Company, the Saudi Tourism Authority, and media members. Travelling guests were welcomed with gifts and giveaways.

Adding Moscow to flynas ever-expanding network of destinations and routes is in line with flynas growth and expansion plan, launched under the title “We Connect the World to the Kingdom”, in parallel with the objectives of the National Civil Aviation Strategy to enable national air carriers to contribute to connecting KSA with 250 International destinations and to accommodate 330 million passengers and to attract 150 million tourists yearly by 2030, and with the objectives of the Pilgrims Experience Program (PEP) to facilitate access to the Two Holy Mosques.

flynas, the leading low-cost airline in the world and the best LCC in the Middle East, and the first airline listed on the Saudi Exchange (Tadawul) operates 139 routes to more than 70 domestic and international destinations in 30 countries with more than 2000 weekly flights and has flown more than 80 million passengers since its launch in 2007, with the aim to reach 165 domestic and international destinations within its growth and expansion plan, and in line with the objectives of Vision 2030.

Passengers traveling with flynas can book their flights through all flynas booking channels: www.flynas.com, the flynas app, the call centre (920001234), or travel agents.

CONTACT: Company Name: flynas
Contact Person: flynas PR
Email: woahmed@flynas.com
Website: www.flynas.com

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