Month: October 2019

Posted on

Suzuki Philippines Seeks More Investor-Partners in Car Dealership Business

Driven to further expand its presence in the country and riding on its growing business momentum, Suzuki Philippines Inc. (SPH), the country’s pioneer subcompact car distributor, continues its Dealer Expansion Program and invites more investors across the country into the car dealership business.

The program aims to open more dealerships in the country, in particular in areas with growth potential. The dealership partnership covers the construction and operation of new dealerships.

Continue reading “Suzuki Philippines Seeks More Investor-Partners in Car Dealership Business”

Posted on

Realme Philippines Makes Biggest Introductory Offline Sales Record with realme 5 Pro

The realme 5 Pro, the latest realme smartphone to enter the Philippine market, has bagged another feat for the fastest-growing smartphone brand by being its best-selling device in terms of introductory sales. The Quad-Camera Speed Master posted initial sales three times bigger than those of preceding devices.

The realme 5 Pro, which was launched in the Philippines last October 3, 2019, received a warm welcome, with numerous Filipino realme fans joining the device’s pre-order promo from October 4 to October 11. Pre-order claimants were able to bring home their brand-new realme 5 Pro units last October 12 with a free 10,000mAh realme power bank worth PHP1,599.

Continue reading “Realme Philippines Makes Biggest Introductory Offline Sales Record with realme 5 Pro”

Posted on

OYO Hotels & Homes Seek to Raise $1.5B in Latest Round of Financing

OYO Hotels & Homes, the world’s fastest-growing chain of hotels, homes and living spaces, announced last Monday that it is raising $1.5 billion as part of its Series F funding round. As a part of this round, RA Hospitality Holdings’ will infuse approximately $700 million as primary capital in the company, with the balance $800 million being supplemented by other existing investors. A significant part of the funds will be diverted towards continued growth in OYO’s fastest-growing market the United States, and in strengthening the company’s position in the vacation rentals business in Europe.

Continue reading “OYO Hotels & Homes Seek to Raise $1.5B in Latest Round of Financing”