BRIEF: Pateo Connect’s first-quarter revenue doubles on high-end strategy
Smart cockpit technology maker Pateo Connect Technology (Shanghai) Corp. (2889.HK) on Wednesday said its revenue more than doubled in the first quarter, as its operating profit margin also improved significantly…
Ecarx keeps it ‘All in the Geely Family’ with potential new investment
The smartcar technology company is considering buying a stake in DreamSmart, owner of an operating system linking smartcars, smart glasses and smartphones Key Takeaways: Ecarx’s board has authorized the company…
BRIEF: Pateo launches $137 million Hong Kong IPO
Smart cockpit technology maker Pateo Connect Technology (Shanghai) Corp. (2889.HK) launched its Hong Kong IPO on Monday, aiming to raise about HK$1.07 billion ($137 million). The company plans to sell…