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Shiffrin confirms she'll miss Beaver Creek World Cup racesAutomotive Seat Actuation Market Industry Dynamics and Contributions by Portescap, BMW, Buehler Motor, Kongsberg Automotive, TS TECH, ZODIAC AEROSPACE, Leggett & Platt, Bosch 12-15-2024 03:01 PM CET | IT, New Media & Software Press release from: STATS N DATA Automotive Seat Actuation Market The Automotive Seat Actuation Market has emerged as a pivotal segment in the automotive industry, reflecting the changing dynamics of consumer preferences and technological advancements. As vehicles evolve, the significance of seat actuation systems has grown, enhancing both comfort and safety in passenger and commercial vehicles. This market encompasses a variety of applications, primarily focusing on passenger vehicles, medium and heavy-duty commercial vehicles, and light-duty commercial vehicles. Recent developments in this market are being driven by a surge in technological advancements and strategic collaborations that aim to improve user experience and operational efficiency. For instance, the integration of smart technologies and automation in seat actuation systems is transforming the way consumers interact with their vehicles. Additionally, manufacturers are increasingly partnering with tech companies to leverage innovations such as artificial intelligence (AI) and Internet of Things (IoT) capabilities. These trends are pivotal in maintaining the market's relevance amidst rapidly changing consumer expectations and regulatory environments. In response to an evolving automotive landscape, companies are focusing on sustainable practices, aiming to reduce the environmental impact of production processes. The shift towards electrification and the development of lightweight materials are also contributing to the market's growth, providing manufacturers with the opportunity to enhance vehicle performance while adhering to sustainability goals. You can access a sample PDF report here: https://www.statsndata.org/download-sample.php?id=26640 Key Growth Drivers and Trends Several critical factors are influencing the demand for automotive seat actuation systems. Sustainability is at the forefront, as manufacturers and consumers alike prioritize eco-friendly solutions. The rise in consumer awareness regarding environmental issues has prompted automotive companies to innovate and adopt greener practices, including the use of sustainable materials and energy-efficient manufacturing processes. Digitization is another significant driver, reshaping consumer expectations and experiences. The integration of AI and machine learning into automotive systems enables greater customization and personalization for users, resulting in enhanced satisfaction and loyalty. Consumers are increasingly seeking vehicles that offer innovative features, such as memory functions for seat adjustments and automatic positioning based on user preferences. Emerging technologies are also shaping the future of the Automotive Seat Actuation Market. The seamless integration of IoT-driven systems allows for enhanced connectivity and control, enabling users to adjust seat positions remotely or through voice commands. Additionally, advancements in materials science are leading to the development of smarter, more durable components that improve the functionality and longevity of seat actuation systems. Market Segmentation The Automotive Seat Actuation Market can be segmented into two primary categories: Type and Application. Segment by Type - Electric Seat Actuation System (ESAS): This segment includes electric motors and actuators that provide advanced functionalities such as memory settings, lumbar support, and heating/cooling features. The demand for electric systems is increasing due to the growing focus on automation and user comfort. - Manual Seat Actuation System (MSAS): Despite the shift towards electric systems, manual actuation systems remain relevant, particularly in lower-cost vehicles. This segment is characterized by mechanical controls that allow users to adjust seat positions manually. Segment by Application - Passenger Vehicles: The largest segment, driven by consumer demand for comfort and safety features, including adjustable seating and enhanced ergonomics. - Medium Commercial Vehicles: This segment includes vehicles such as delivery trucks and vans, where driver comfort is essential for long hours of operation. - Heavy Duty Commercial Vehicles: In this segment, robust and durable seat actuation systems are crucial for enhancing driver comfort and safety in demanding conditions. - Light Duty Commercial Vehicles: This segment encompasses smaller commercial vehicles that require efficient and cost-effective seat solutions. Get 30% Discount On Full Report: https://www.statsndata.org/ask-for-discount.php?id=26640 Competitive Landscape The Automotive Seat Actuation Market is characterized by a competitive landscape featuring several key players who are instrumental in shaping trends and driving innovation. - Portescap: Known for its high-performance motors, Portescap is leading in the development of efficient actuation systems that enhance user experience. - BMW: This automotive giant is not only a manufacturer but also a pioneer in integrating luxury features into seat actuation systems, ensuring maximum comfort and functionality. - Buehler Motor: Renowned for its expertise in electric motors, Buehler Motor focuses on creating innovative actuation systems tailored for various vehicle applications. - Kongsberg Automotive: With a strong emphasis on safety and ergonomics, Kongsberg develops advanced seating solutions that prioritize user comfort and vehicle performance. - TS TECH: This company is a key player in providing seat actuation systems that cater to both passenger and commercial vehicle segments, emphasizing durability and reliability. - ZODIAC AEROSPACE: As a leader in aerospace technologies, ZODIAC AEROSPACE is leveraging its expertise to innovate seat actuation systems for high-performance vehicles. - Leggett & Platt: Specializing in adjustable seating solutions, Leggett & Platt continues to innovate in the realm of comfort and customization. - Bosch: A major player in automotive technology, Bosch is integrating smart features into seat actuation systems, enhancing user interaction and experience. - Toyota Boshoku Corporation: This company focuses on sustainable solutions, creating eco-friendly seat actuation systems that align with global environmental goals. - Delphi: Known for its advanced automotive technologies, Delphi is involved in developing cutting-edge actuation systems that improve safety and comfort. - Johnson Electric: With a strong focus on electric actuation solutions, Johnson Electric is committed to driving innovation in the automotive seating sector. - Continental Automotive: Continental is a leading provider of automotive technology, contributing to the development of integrated seat actuation systems for enhanced vehicle performance. - SHIROKI Corporation: This company is dedicated to providing high-quality automotive components, including advanced seat actuation systems that prioritize user comfort. - Faurecia: As a global leader in automotive technology, Faurecia is pioneering seat actuation innovations that enhance driver and passenger experiences. - Zwick: Known for its engineering excellence, Zwick is developing advanced actuation systems that meet the demands of modern vehicles. - Nidec Motors & Actuators: This company focuses on delivering superior actuation solutions tailored for various automotive applications, ensuring reliability and efficiency. These market leaders are not only driving innovation but are also collaborating with tech companies to integrate smart technologies into their products, ensuring they remain at the forefront of the market. Opportunities and Challenges As the Automotive Seat Actuation Market continues to grow, several opportunities also present themselves. Untapped regions with developing automotive industries offer significant potential for market expansion. Additionally, evolving consumer preferences for personalized and technologically advanced features create opportunities for new product development and innovation. However, the market is not without its challenges. Regulatory constraints can pose obstacles for manufacturers, particularly in areas related to safety standards and environmental regulations. Operational inefficiencies can also hinder production processes, necessitating the adoption of lean manufacturing practices to optimize performance. Moreover, the talent shortage in advanced technological fields can impact innovation and growth. Companies must invest in workforce development and training initiatives to secure the necessary expertise. Technological Advancements Cutting-edge technologies are having a profound impact on the Automotive Seat Actuation Market. The integration of AI is enabling manufacturers to create smarter actuation systems that adapt to user preferences and behaviors. For instance, AI algorithms can analyze user data to automatically adjust seat positions for optimal comfort. Additionally, the use of virtual tools is revolutionizing the design and testing of seat actuation systems, allowing for rapid prototyping and simulation. This not only accelerates the development process but also ensures that products meet high-quality standards before reaching the market. IoT-driven systems are facilitating greater connectivity in vehicles, enabling users to control seat adjustments through mobile applications or voice commands. This level of automation enhances the user experience and reflects the growing trend of smart vehicles. Research Methodology and Insights At STATS N DATA, a comprehensive research methodology is employed to provide accurate insights into the Automotive Seat Actuation Market. This approach combines both top-down and bottom-up methodologies, ensuring a thorough understanding of market dynamics. Primary research involves gathering data directly from industry experts, manufacturers, and consumers, while secondary research analyzes existing reports, publications, and market trends. Triangulation is utilized to validate findings and ensure the reliability of insights. Through this meticulous research process, STATS N DATA aims to deliver actionable insights that empower stakeholders to make informed decisions in the ever-evolving automotive industry. In conclusion, the Automotive Seat Actuation Market is poised for significant growth, driven by technological advancements, shifting consumer preferences, and a commitment to sustainability. As manufacturers continue to innovate and adapt to market demands, the future of automotive seating solutions looks promising, providing enhanced comfort, safety, and functionality for users around the globe. For customization requests, please visit: https://www.statsndata.org/request-customization.php?id=26640 Access the full report analysis here: https://www.statsndata.org/report/automotive-seat-actuation-market-26640 Related Reports: Nuclear Dismantling and Decommissioning Services Market https://www.statsndata.org/report/nuclear-dismantling-and-decommissioning-services-market-65317 Interactive Voice Response Systems Market https://www.statsndata.org/report/interactive-voice-response-systems-market-45711 Smart Gas Station Market https://www.statsndata.org/report/smart-gas-station-market-75253 Carbon Offset-Carbon Credit Trading Service Market https://www.statsndata.org/report/carbon-offset-carbon-credit-trading-service-market-34868 Optical 3D Motion Capture System Market https://www.statsndata.org/report/optical-3d-motion-capture-system-market-50456 John Jones Sales & Marketing Head | Stats N Data Phone: +1 (315) 642-4324 Email: sales@statsndata.org Website: www.statsndata.org STATS N DATA is a trusted provider of industry intelligence and market research, delivering actionable insights to businesses across diverse sectors. We specialize in helping organizations navigate complex markets with advanced analytics, detailed market segmentation, and strategic guidance. Our expertise spans industries including technology, healthcare, telecommunications, energy, food & beverages, and more. Committed to accuracy and innovation, we provide tailored reports that empower clients to make informed decisions, identify emerging opportunities, and achieve sustainable growth. Our team of skilled analysts leverages cutting-edge methodologies to ensure every report addresses the unique challenges of our clients. At STATS N DATA, we transform data into knowledge and insights into success. Partner with us to gain a competitive edge in today's fast-paced business environment. For more information, visit https://www.statsndata.org or contact us today at sales@statsndata.org This release was published on openPR.
O-Train service launch will be delayed on Dec. 1 for Stage 2 software integration work
SANTA CLARA – Practicing behind a patchwork line is not how Brock Purdy dreamed of spending his 25th birthday Friday, never mind that he just gifted 49ers linemen a caravan of trucks and sports-utility vehicles on two-year leases. The 49ers are poised to field their most inexperienced offensive line in at least coach Kyle Shanahan’s eight seasons. Monday night’s chore for whoever blocks: protect Purdy and clear lanes for ball carriers Isaac Guerendo and Deebo Samuel against the NFC-leading Detroit Lions at Levi’s Stadium. Injuries have so thoroughly depleted the Niners (6-9) that 3-of-5 spots could feature linemen making their 49ers’ starting debuts. The only healthy starters are center Jake Brendel and right guard Dominick Puni, who might have to shift to other spots to provide for the best five-man look. Left tackle Trent Williams and his backup, Jaylon More, both went this week on injured reserve, which is where left guard Aaron Banks is expected to land before Monday night’s 5:15 p.m. kickoff. Right tackle Colton McKivitz did not practice Thursday, after being limited by a knee issue, and versatile backup Spencer Burford has been out with a calf injury he sustained as the sub at left tackle in Sunday’s loss at Miami. Offensive linemen Ben Bartch and Jon Feliciano are on injured reserve. Nick Zakelj is expected to make the first start of his career, most likely at left guard. “I know it’s just an amazing opportunity to have,” Zakelj said. “I can’t wait to go grasp it and go out there, fly off the ball and let it loose.” Charlie Heck, poached Wednesday off the Arizona Cardinals’ practice squad, made 21 career starts for the Houston Texans from 2020-23, and Thursday acquisition Matt Hennessy made 22 starts as the Atlanta Falcons’ 2020-22 center. No other linemen have starting experience, including Zakelj, Austen Pleasants, Sebastian Gutierrez, Isaac Alarcon and undrafted rookie center Drake Nugent. If McKivitz is healthy, he’s an option to move to left tackle, where he made spot starts at left tackle in 2021 and ’22 in place of Williams. Burford, unbeknownst until last game, had practiced as the No. 3 left tackle most of the season. LYNCH’S STATE OF FRANCHISE General manager John Lynch, speaking for the first time since Sunday’s official elimination from the playoffs, is in the investigation process of examining the 49ers’ 2024 woes and potential cures. “I can’t believe we’re here, but we are. We have to accept that. We have to learn from that,” Lynch said on KNBR 680-AM. “We can’t just chalk it up to, ‘There were a lot of injuries.’ The team we’re playing, Detroit, they had a lot of injuries but they found a way. We have to look at the root, and we have been looking at the root causes. We’ll fix it.” One obvious issue is the 49ers’ inability to close out games, something that’s carried over from past playoff defeats to this season’s four NFC West defeats. Lynch noted that the absences of All-Pros Williams and Christian McCaffrey factors into that. “But we can’t chalk it up to just that. We have to go deeper,” Lynch said. “There are ways we could have gotten it done. When you have division opponents (down) multiple scores, you have to put people away, and that’s what we didn’t do this year. We have to own that. We have to get to the bottom of why exactly that happened, with every decision we make.” HEALTH CENTER Fullback Kyle Juszczyk did not practice because of illness. Juszczyk has played every game this season after taking a pay cut in the spring. He is aiming for his ninth straight Pro Bowl invitation. Running back Isaac Guerendo participated in a second straight practice and looks on track to make his third career start; he did not play in Sunday’s loss at Miami because of hamstring and foot injuries. Running back David Montgomery (knee) was the only player on the Lions’ active roster not to practice. Cornerback Terrion Arnold (illness) was limited after missing Thursday’s session. Full participants were guard Graham Glasgow (knee), wide receiver Kalif Raymond (foot) and linebacker Jalen Reeves-Maybin (neck). GAMEDAY GUIDE Levi’s Stadium parking lots are to open at 1:45 p.m. Stadium gates open 30 minutes later for club- and suite-ticket holders, with entry for all others starting at 3:15 p.m. Halftime entertainment will feature MIMS and Freedom Williams (from the C+C Music Factory). Tony Lindsay will perform the national anthem.Republicans boasting about their great election mandate may want to hold the euphoria. As the final results trickle in from the late state of California, the GOP looks set to have the narrowest House majority in more than a century. The Democratic gerrymander in California, plus those in New York (19-7 Democratic to GOP seats), Illinois (14-3) and Massachusetts (9-0), means four states will deliver 85 of the Democratic total of 215 seats. The GOP could have as few as 220. One message is that while voters rejected the Biden-Harris administration, their support for Republicans is provisional. The GOP did better in the Senate, gaining a three-seat edge. But they narrowly lost winnable seats in Wisconsin, Michigan and Nevada despite fielding strong candidates. Another message is that the GOP has about a year to get anything done. The party is likely to lose the House in 2026, if midterm history is any guide, and the partisan Senate map is challenging. The GOP had better pass legislation it wants in 2025 before attention turns to political survival in 2026. This will require House Republicans in particular to stick together as they haven’t in years. Matt Gaetz will be out of Congress, saints be praised, but other performance artists are still around to blow things up and blame everyone else. Perhaps Donald Trump can keep them in line behind Speaker Mike Johnson. But factionalism will mean the end of a functioning majority and guaranteed defeat in 2026. Get local news delivered to your inbox!
Benefits of Switching to Solar Energy
NEW YORK , Dec. 15, 2024 /PRNewswire/ -- The global pesto sauces market size is estimated to grow by USD 936.2 million from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 4.36% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview 1.1 Retail 1.2 Foodservice 2.1 Glass bottles 2.2 PET 2.3 Cans 2.4 Pouches 2.5 Cartons 3.1 Europe 3.2 North America 3.3 South America 3.4 APAC 3.5 Middle East and Africa Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: The global pesto sauces market is experiencing growth due to the rising popularity of Italian cuisine among consumers. This trend is driving sales of pesto sauces through various retail channels, including supermarkets and hypermarkets. These retail channels offer consumers a wide range of options from various brands, making it convenient for them to make a purchase. The increasing prominence of private label brands by supermarket and hypermarket chains is a positive trend that can boost the market's growth. Additionally, the online sale of pesto sauces is increasing due to the convenience factor, further contributing to the market's expansion. Overall, the retail segment is expected to significantly contribute to the growth of the global pesto sauces market during the forecast period. Analyst Review The global pesto sauces market may seem unrelated to heart health, but the connection lies in the broader context of cardiac care. As the global population ages, the prevalence of cardiovascular diseases, including heart failure and cardiac disorders, increases. These major medical issues call for innovative solutions, from medicine and medical technology to materials science, robotics, and biotechnology. Heart transplantation and the use of donor organs remain crucial, but temporary treatments like cardiac assist devices and artificial hearts are gaining popularity. The pesto sauces market, while not directly related to heart health, can contribute to cardiac care through the use of healthy ingredients that support heart health. The market is expected to grow, driven by consumer demand for natural, organic, and convenient food options. Market Overview The global pesto sauces market may not directly relate to heart failure or cardiac disorders, but the world's aging population and the increasing prevalence of cardiovascular diseases (CVDs) have led to a significant focus on cardiac care and the development of advanced medical technologies. These include cardiac assist devices, artificial hearts, and ventricular assist devices. Technological breakthroughs in materials science, robotics, and biotechnology are driving innovation in this field. Regulatory approvals, clinical evidence, and ethical considerations are key factors influencing the market. Major medical issues such as biventricular heart failure, heart transplantation, and mechanical heart implants require continuous monitoring, maintenance, and post-operative care. The high cost and restricted accessibility of these treatments remain significant challenges. Technological complexity and ethical considerations are also crucial factors, with artificial intelligence and machine learning technologies playing an increasingly important role in improving device performance and patient comfort. The global healthcare spending on cardiovascular diseases is expected to continue rising, making it a significant market opportunity for medical device manufacturers, academic institutions, and research centers. To understand more about this market- Download a FREE Sample Report in minutes! Key Topics Covered: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio
LAS VEGAS--(BUSINESS WIRE)--Dec 4, 2024-- At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com , Inc. company (NASDAQ: AMZN), and Grab, Southeast Asia’s leading superapp (NASDAQ: GRAB), announced that Grab has selected AWS as its preferred cloud provider. With AWS, Grab is pursuing a technology-led strategy to accelerate growth across its mobility, deliveries, and financial services verticals, including its new digibanks, while continuing to improve its operational efficiencies and reduce IT infrastructure costs. Grab relies on the world’s leading cloud to serve 41.9 million monthly transacting users 1 and over 13 million driver and delivery partners 2 registered on its platform. Every second, Grab processes over a hundred transactions, receives over 500k GPS pings and services over 50,000 ETA requests. AWS powers Grab’s critical compute, storage, networking, and database functions. By leveraging AWS's resilient, secure, and elastic cloud, Grab accelerates innovation, rapidly launches new services, and scales efficiently across its eight-country footprint: Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. “At Grab, our strategy for growth is anchored on constant innovation to outserve the needs of our users and partners,” said Suthen Thomas Paradatheth, CTO of Grab. “This requires rapid experimentation, while ensuring security and stability, along with the ability to fully harness the potential of the latest tech like generative AI. We're pleased to extend our partnership with AWS as our preferred cloud partner to continue to support us on this journey.” Grab optimizes operating costs with AWS As Grab looks to balance growth with cost discipline, it is using AWS Cloud to power the majority of its operations in Southeast Asia across verticals such as mobility, deliveries, and financial services and entities, including its digibanks in Indonesia, Malaysia, and Singapore. By adopting AWS’s suite of cloud-based solutions, Grab has been able to gain agility and reduce operational costs. Grab uses analytics service AWS Clean Rooms, which enables secure, privacy-preserving data collaboration between different entities and organizations. Grab also leverages AWS’s purpose-built databases and has migrated more than 400 backend application services from traditional virtual servers to AWS Graviton2 processors to drive high performance, as well as cost and energy efficiency. Grab relies on AWS to scale securely, swiftly, and with stability On-demand transactions made by Grab customers were up 22% in the third quarter of 2024. To cater to this surge in demand for services, Grab uses Amazon Relational Database Service (Amazon RDS) as its transactional database coupled with Amazon DynamoDB. This ensures high availability, scalability, and adaptability of its platform to drive exceptional customer experience fueled by more accurate searchable data. With AWS, Grab seamlessly adapts to evolving customer needs by easily adjusting resources dynamically based on user demand. For example, during peak times like holiday sales, Grab can easily accommodate increased traffic to make transactions across the superapp seamless. Conversely, during off-peak periods, resources can be scaled down to save costs. As it looks to accelerate growth with initiatives focused on affordability, high value offerings, and digital banking, AWS provides Grab with a stable and scalable infrastructure to support this rapid expansion. For instance, Grab continues to scale its revamped Advance Booking feature across the region. It also did a region-wide roll out of its improved Group Order feature and continues to drive adoption for it, making it easier for users to join the group order, track food delivery updates, and split the bill. With AWS, Grab was also able to build and launch digital banks in Singapore and Indonesia, as well as GX Bank in Malaysia, which was launched in under 16 months, scaling rapidly to serve close to one million customers within the first year of launch. Accelerating AI-led growth at Grab with AWS As one of the pioneers of AI adoption in Southeast Asia, Grab is committed to being at the forefront of exploring how the latest AI technologies can better serve and respond to the needs of its users and partners. Catwalk, Grab’s machine learning (ML) model platform, is built on Amazon Elastic Kubernetes Service (Amazon EKS), and has been used to deploy over 1,000 AI models in production, such as route guidance and pricing. With Catwalk, Grab provides users’ real-time decision-making across its services and delivers personalized experiences like tailored restaurant recommendations, loyalty rewards, and bespoke financial services based on users’ preferences. In addition, Grab uses AWS’s custom-designed AWS Inferentia chips with specialized ML inference capabilities to cost efficiently power its AI-powered services, including map enhancements and fraud detection in its digital banks. Grab also leverages AWS as the underlying compute infrastructure for its many AI initiatives. The superapp stores hundreds of petabytes of data and processes over 200 TB of data—the equivalent of 200,000 full-length movies—on AWS daily. This data forms the foundation of Grab's advanced analytics, ML, and AI initiatives, with AWS powering innovations across the company’s services offerings. Building on AWS’s compute foundations, Grab continues to develop and implement several AI-powered use cases, particularly to improve driver productivity and support merchant growth. By integrating large language models (LLMs) with point-of-interest data and historical customer notes, Grab has refined its last-mile guidance system for delivery partners. This enhancement provides drivers with more precise drop-off instructions, enabling them to complete more trips every hour, leading to higher earnings, while expediting food delivery to consumers. Additionally, Grab has rolled out a new feature that uses AI to create appetizing descriptions of food dishes in five of its eight markets. This has boosted order completion rates, bringing particular benefits to smaller, unique restaurants on the platform and enhancing the overall dining experience for customers. "AWS is proud to support Grab in its mission to drive innovation and enhance customer experiences across Southeast Asia," said Jeff Johnson, managing director, ASEAN at AWS. "By leveraging AWS's unparalleled operational performance, scalability, and cutting-edge technologies, Grab is able to deliver personalized, seamless transactions to millions of users throughout the region. As the leading cloud provider, AWS is uniquely positioned to help Grab optimize its price performance, boost operational efficiency, and continually evolve its broad suite of data-powered services. We're excited to continue collaborating with Grab as it navigates the dynamic landscape of ecommerce and superapp development, ensuring it stays at the forefront of innovation in the digital economy.” About Grab Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 700 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. Grab was founded in 2012 with the mission to drive Southeast Asia forward by creating economic empowerment for everyone, and strives to serve a triple bottom line: to simultaneously deliver financial sustainability and have a positive social and environmental impact in Southeast Asia. About Amazon Web Services Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 108 Availability Zones within 34 geographic regions, with announced plans for 18 more Availability Zones and six more AWS Regions in Mexico, New Zealand, the Kingdom of Saudi Arabia, Taiwan, Thailand, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com . About Amazon Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews. ______________________ 1 As of Grab Q3’24 results 2 As per Grab ESG Report 2023 View source version on businesswire.com : https://www.businesswire.com/news/home/20241204105661/en/ CONTACT: Grab Media Team press@grab.comAmazon.com , Inc. Media Hotline Amazon-pr@amazon.com KEYWORD: UNITED STATES NORTH AMERICA ASIA PACIFIC NEVADA WASHINGTON INDUSTRY KEYWORD: RETAIL TRANSPORT SOFTWARE ARTIFICIAL INTELLIGENCE NETWORKS FINANCE INTERNET BANKING DATA MANAGEMENT PROFESSIONAL SERVICES LOGISTICS/SUPPLY CHAIN MANAGEMENT DIGITAL CASH MANAGEMENT/DIGITAL ASSETS TECHNOLOGY DELIVERY SERVICES FINTECH DATA ANALYTICS PAYMENTS APPS/APPLICATIONS SOURCE: Amazon.com , Inc. Copyright Business Wire 2024. PUB: 12/04/2024 06:30 PM/DISC: 12/04/2024 06:28 PM http://www.businesswire.com/news/home/20241204105661/enGurgaon: Two men were arrested for threatening and harassing people who borrowed money through a loan app. The two allegedly threatened to share their morphed nude photos with relatives and friends. A preliminary probe revealed that the duo harassed nearly 100 people in the past month. A team from the Cyber East police station zeroed in on the accused after a Hyderabad-based victim filed a complaint through the national cyber crime reporting portal's number (1930). The accused, Charkhi Dadri native Kapil, and Himanshu of Hansi district in Haryana, contacted the victim who had borrowed Rs 3,500 through the loan app. They sent him his morphed nude photo and threatened to share it with his friends and family if he failed to clear his dues with the interest they specified. Through the Pratibimb application of the ministry of home affairs, cops received information about the presence of one of the accused in U Block of DLF Phase 3. They reached the spot and arrested Kapil Kumar. Police said that during the interrogation, Kapil Kumar told them he worked as a loan recovery agent for Himanshu, a resident of Rajiv Nagar in Sector 13, Gurgaon. Himanshu earlier worked as a recovery agent for different loan apps. Kapil also said that Himanshu provided him with details of the victims and the phone numbers of their friends and family to send morphed nude photos if the victim did not pay the loan amount. Police then raided Himanshu's house and arrested him on Thursday night. Police seized four cell phones with SIM cards from the accused. A suo motu case was registered against the duo under sections 308(2) (punishment for extortion), and 351(2) (criminal intimidation) of the BNS at Cyber East police station. "Himanshu used to get data and photos of loan takers from a Chinese national to recover loans taken through a loan app called Flexi Loan. The app is unavailable on Playstore and the fraudsters send its link as an APK file to victims through social media ads. Himanshu used to call the victims on his own and he also used to provide that data and photos to Kapil to blackmail and recover loan amounts by sending morphed nude photos to the victims and their kin," ACP (cybercrime) Priyanshu Diwan said. The accused are currently in police remand and police are gathering additional information about the gang's activities and their associates. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , Location Guesser and Mini Crossword .