europe
Lazada founder’s AI-first wealth startup raises $13.7m
Maximilian Bittner said the firm will be based in London and focus on Europe.
Temu expands brand monitoring to 15,000 brands
Products are screened before and after listing using a detection database containing millions of images and keywords.
Europe drives EV growth as June regs rise 7%
The increase marked a fourth straight month of growth, with stronger demand in Europe offsetting weaker sales in China and North America.
Kraken eyes European banking license
Kraken aims to expand its European presence with a full banking license in Lithuania.
India’s HCLTech wins $1.14b AI-driven European deal
HCLTech’s new US$1.14B deal is its largest since a US$2.1B Verizon contract in August 2023.
Binance to stop new sign-ups in four EU states
Binance withdrew its MiCA license application in Greece and will seek authorization elsewhere in the EU.
South Korean, European banks test stablecoin FX settlement
The Europe-South Korea trade corridor handles over US$150 billion in goods and services annually.
Alibaba Cloud opens France region to expand Europe push
The France region in Paris is Alibaba Cloud’s third in Europe, alongside existing regions in Germany and the UK.
Global EV demand rose for 3rd straight month, report says
Europe led the increase, with registrations up 23% to about 415,000 vehicles, BMI reported.
Amazon unveils AI robot as part of $11.6b Europe push
The company also plans to launch more than 25 sub-same-day delivery sites across Europe this year.



