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Munoth-CosMX joint-venture to ramp up lithium-ion manufacturing in India
The Economic Times· 2025-10-02 18:30
Chennai-based lithium-ion (Li-ion) cell manufacturer The venture, subject to regulatory approvals, plans an initial investment of ₹500 crore to expand capacities at Munoth's existing Tirupati campus, where it already produces Li-ion cells for power banks purchased by US-based Anker, among others.Earlier this month, Japan's Contract manufacturer Live EventsIndustry executives said Dixon will invest ₹500-600 crore in a new facility to produce Li-ion cells for captive consumption as well as for supply to othe ...
TVCMALL at IFA 2025: A Leading One-Stop Mobile Accessories Wholesaler for Europe’s Retailers
Globenewswire· 2025-09-06 12:30
Company Overview - TVCMALL is a leading B2B wholesale platform specializing in mobile accessories, showcasing its offerings at IFA 2025 in Berlin [1][18] - The company has 17 years of experience and serves over 30 leading European retail webshops, providing a streamlined approach to sourcing and supply chain management [3][15] Product Offering - TVCMALL offers over 1 million SKUs, with 95% available with no minimum order quantity (MOQ) and 10,000+ new arrivals each week, allowing businesses to respond quickly to market trends [5][13] - The platform features innovative and eco-conscious products, including biodegradable phone cases and VR headset accessories, emphasizing sustainability [6][9] Services Provided - TVCMALL provides a full suite of integrated wholesale services, including real-time sourcing, flexible dropshipping, end-to-end customization, and supply chain enablement [6][12] - The company supports independent online sellers and retail chains with features like private labeling, packaging design, and AI-powered product recommendations [7][8] Strategic Partnerships - TVCMALL collaborates with high-value brands to showcase a diverse range of mobile accessories, enhancing visibility for both brands and buyers [9][10] - The company has established long-term partnerships with brands like DUX DUCIS, JOYROOM, and Lenovo, ensuring stable supply and quality [15] Market Positioning - TVCMALL positions itself as a one-stop wholesale solution, helping retailers save time and reduce costs while simplifying procurement processes [12][16] - The company aims to bridge global buyers with curated products, facilitating strategic procurement and unlocking new growth opportunities [8][19] Future Developments - TVCMALL is expanding its infrastructure and services to better support international customers, including localized service teams and overseas warehouses [20] - The company is committed to eco-friendly practices, including sustainable packaging and production methods, to meet growing market demands [20]
Smart Share Global Limited Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company from Hillhouse
Globenewswire· 2025-08-15 20:15
Group 1 - Smart Share Global Limited, also known as Energy Monster, received a preliminary non-binding proposal from Hillhouse Investment Management to acquire all outstanding ordinary shares not already owned by Hillhouse or Management Members for US$1.77 per ADS or US$0.885 per share in cash [1] - The Company had previously entered into a definitive Agreement and Plan of Merger with Trustar Mobile Charging Holdings Limited, which includes key Management Members [2] - A special committee of independent directors is evaluating all options for the best interests of shareholders with the help of independent financial and legal advisors [3] Group 2 - Smart Share Global Limited is the largest provider of mobile device charging services in China, holding the number one market share [5] - The Company operates a network of 9.6 million power banks located in 1,279,900 points of interest across over 2,200 counties and county-level districts in China as of December 31, 2024 [5]