GGR

Gogoro, Zomato and Kotak Mahindra Prime Partner in India to Accelerate Ownership of Electric Two-wheel Vehicles by Last Mile Delivery Partners

Retrieved on: 
Tuesday, March 28, 2023
Kotak Mahindra Bank, GGR, NBFC and MFI in India, Gogoro Smartscooter, Partnership, EV, ICE, Kotak, Government, Financial institution, EV100, The Climate Group, MD, Swap, City, Growth, Transport, Air pollution, CO2, Safety, Rail transport, Food delivery, Zomato

DELHI, March 28, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced a partnership with Zomato, one of the largest food ordering and delivery platforms in India, and Kotak Mahindra Prime Limited, a subsidiary of Kotak Mahindra Bank Limited. The first of its kind in India, the partnership is focused on accelerating the adoption of sustainable electric vehicles by delivery partners that are on board with Zomato offering them new, more favourable loan terms not available in India today. The three-way partnership aligns with the government of India's focus on providing broad affordable access to sustainable transportation.

Key Points: 
  • Gogoro, Zomato and Kotak are partnering to make this a reality," said Horace Luke, founder, and CEO of Gogoro.
  • This partnership will provide a powerful opportunity for delivery partners to lead India's transition to smart and safe electric transportation."
  • With more than 300,000 delivery partners, Zomato is a leading food ordering, delivery and dining-out platform headquartered in India.
  • That's why we're excited to partner with Gogoro and Kotak on this endeavour," said Mohit Sardana, COO, Food Delivery at Zomato.

Crypto Bets Drop 14.6% While Ether Grows its Share: SOFTSWISS Sums up Ambiguous 2022

Retrieved on: 
Wednesday, February 22, 2023
Crypto, Bitcoin, Ethereum, SOFTSWISS, Lead, Non-fungible token, Yoy, Nature, Quarter, IGaming Business, P.P. Pandey, Growth, Fiat, GGR, Gambling, Cryptocurrency

A pioneer in crypto gambling with its Crypto Casino Solution and 10 years of market expertise, SOFTSWISS quarterly analyses the crypto market to share insights with the industry.

Key Points: 
  • A pioneer in crypto gambling with its Crypto Casino Solution and 10 years of market expertise, SOFTSWISS quarterly analyses the crypto market to share insights with the industry.
  • The tech-savvy developer presents its newest crypto report 2022 vs 2021, based on the inputs from 700 clients of the Game Aggregator and the Casino Platform by SOFTSWISS.
  • Despite the last year's crypto fluctuations, the total bets, both in fiat and digital coins, through the supplier's platform gained 31% compared to 2021.
  • Despite dropping over 60% in price in 2022, Bitcoin is still in the lead, accounting for  72.7% of the total crypto bets.

Crypto Bets Drop 14.6% While Ether Grows its Share: SOFTSWISS Sums up Ambiguous 2022

Retrieved on: 
Wednesday, February 22, 2023
Crypto, Bitcoin, Ethereum, SOFTSWISS, Lead, Non-fungible token, Yoy, Nature, Quarter, IGaming Business, P.P. Pandey, Growth, Fiat, GGR, Gambling, Cryptocurrency

A pioneer in crypto gambling with its Crypto Casino Solution and 10 years of market expertise, SOFTSWISS quarterly analyses the crypto market to share insights with the industry.

Key Points: 
  • A pioneer in crypto gambling with its Crypto Casino Solution and 10 years of market expertise, SOFTSWISS quarterly analyses the crypto market to share insights with the industry.
  • The tech-savvy developer presents its newest crypto report 2022 vs 2021, based on the inputs from 700 clients of the Game Aggregator and the Casino Platform by SOFTSWISS.
  • Despite the last year's crypto fluctuations, the total bets, both in fiat and digital coins, through the supplier's platform gained 31% compared to 2021.
  • Despite dropping over 60% in price in 2022, Bitcoin is still in the lead, accounting for  72.7% of the total crypto bets.

Gogoro Releases First Impact Report, Highlights Sustainable Contributions, and Outlines Key Goals for The Future

Retrieved on: 
Thursday, February 16, 2023
Climate change, Commitment, Progress, Future, Social impact, Transport, Website, Gasoline, Virtual power plant, Outline, CO2, Business, Impact, Ecosystem, Research, ESG, City, EVS, Policy, EV, GHG, Enel X, Air pollution, Telephone numbers in Hungary, GGR, Environment, VPP, Taiwan Power Company, ICE, Marketing, Renewable energy, Coal

TAIPEI, Taiwan, Feb. 16, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its first Impact Report. The Impact Report highlights Gogoro's progress in sustainability and ESG and outlines how Gogoro battery swapping and Smartscooters have been successful in enabling the transformation to sustainable urban transportation. The Impact Report can be accessed on Gogoro's Website at Gogoro Impact Report.

Key Points: 
  • The Impact Report highlights Gogoro's progress in sustainability and ESG and outlines how Gogoro battery swapping and Smartscooters have been successful in enabling the transformation to sustainable urban transportation.
  • The Impact Report can be accessed on Gogoro's Website at Gogoro Impact Report .
  • Gogoro Releases First Impact Report, Highlights Sustainable Contributions, and Outlines Key Goals for The Future
    "What a difference a decade makes.
  • We started Gogoro to address these challenges and fundamentally change urban transportation for the better, and we are making progress.

Gogoro Releases Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Thursday, February 16, 2023
Webcast, Original equipment manufacturer, Government, Jardine Cycle & Carriage, EBITDA, City, Partnership, Growth, GGR, Cryptocurrency, Health care, Film industry, Video game, Fine chemical, Beauty salon, Gogoro

For the fourth quarter, revenue was $95.5 million, down 20.8% year-over-year and down 10.5% year-over-year on a constant currency basis1.

Key Points: 
  • For the fourth quarter, revenue was $95.5 million, down 20.8% year-over-year and down 10.5% year-over-year on a constant currency basis1.
  • For the fourth quarter, net loss was $12.5 million, down $1.7 million from $14.2 million in the same quarter last year.
  • For the fourth quarter, adjusted EBITDA1 was $9.2 million, down from $25.5 million in the same quarter last year.
  • Gogoro's management team will hold an earnings Webcast on February 16th, 2023, at 7:00 a.m. Eastern Time to discuss the Company's fourth quarter and full year for 2022 results of operations and outlook.

BETMGM BUSINESS UPDATE: FY22 NET REVENUE FROM OPERATIONS OF $1.44 BILLION, AHEAD OF EXPECTATIONS¹

Retrieved on: 
Thursday, January 26, 2023
Online, National Council, EBITDA, MGM Northfield Park, MGM Resorts International, Great American Ball Park, Q&A, GAAP, Reds, NYSE, Gambling, LSE, National Council on Problem Gambling (United States), State Farm Stadium, MGM, NFL, 100 Best Workplaces in Europe, Entain, Super Bowl, PIN, GGR, Webcast, Research, Pharmaceutical industry, Sport, Internet service provider

JERSEY CITY, N.J., Jan. 26, 2023 /PRNewswire/ -- BetMGM, one of the leading sports betting and iGaming operators in North America, jointly owned by MGM Resorts International (NYSE: MGM) ("MGM Resorts") and Entain plc (LSE: ENT) ("Entain"), is today providing an update on performance and outlook for 2023.

Key Points: 
  • The call will be accessible via webcast or dial in – registration details below:
    The live webcast will be accessible at: Webcast Registration .
  • Adam Greenblatt, Chief Executive Officer of BetMGM, commented: "The talented team at BetMGM continues to execute our plan with purpose, passion, and discipline.
  • FY 2022 net revenue for BetMGM on a GAAP basis is expected to be approximately $1,403 million, which includes approximately $55 million related to Nevada MGM operations for which BetMGM records on a net basis as BetMGM is considered to be the agent in the Nevada transactions for GAAP purposes.
  • BetMGM operates iGaming and Online Sports Betting in five markets and Sports Betting only in twenty markets.

Gogoro to Announce Fourth Quarter and Full Year 2022 Financial Results on February 16th at 7 a.m. Eastern Time

Retrieved on: 
Thursday, January 26, 2023
Q&A, Eastern, Webcast, GGR, City

TAIPEI, Taiwan, Jan. 26, 2023 /PRNewswire/ -- Gogoro® Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it will release its financial results for the quarter and twelve months ended December 31st, 2022, before markets open on February 16th, 2023.

Key Points: 
  • TAIPEI, Taiwan, Jan. 26, 2023 /PRNewswire/ -- Gogoro® Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it will release its financial results for the quarter and twelve months ended December 31st, 2022, before markets open on February 16th, 2023.
  • Gogoro's management team will hold an earnings Webcast at 7:00 a.m. Eastern Time on February 16th, 2023 to discuss the Company's financial and business results and outlook.
  • Time: 7:00 a.m. Eastern Time / 8:00 p.m. Taipei Standard Time
    Approximately 24 hours after the Q&A session, an archived version of the webcast will be available on the Company's website for approximately two weeks thereafter.

India's State of Maharashtra Announces Strategic Energy Partnership with Gogoro and Belrise Industries to Build $2.5 billion Battery Swapping Infrastructure

Retrieved on: 
Tuesday, January 17, 2023
Transport, Ecosystem, State, Gross domestic product, MOU, GGR, Government, World Economic Forum, K. M. Nanavati v. State of Maharashtra, Partnership, Thought, City, Renewable energy

DAVOS, Switzerland, Jan. 17, 2023 /PRNewswire/ -- The Indian State of Maharashtra today announced a strategic energy partnership with Gogoro Inc. (Nasdaq: GGR) and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructure. Gogoro, a global technology leader in battery swapping ecosystems that enable smart sustainable mobility solutions for cities, and Belrise, a leading automotive systems manufacturer based in India, plan a joint 50-50 partnership to invest approximately US$2.5 billion over eight years with the State of Maharashtra government to build energy infrastructure across the state. The non-binding MOU agreement was signed at the Maharashtra pavilion, World Economic Forum in Davos, Switzerland.

Key Points: 
  • DAVOS, Switzerland, Jan. 17, 2023 /PRNewswire/ -- The Indian State of Maharashtra today announced a strategic energy partnership with Gogoro Inc. (Nasdaq: GGR) and Belrise Industries (erstwhile known as Badve Engineering Ltd) to establish an unprecedented battery-swapping infrastructure.
  • Gogoro, a global technology leader in battery swapping ecosystems that enable smart sustainable mobility solutions for cities, and Belrise, a leading automotive systems manufacturer based in India, plan a joint 50-50 partnership to invest approximately US$2.5 billion over eight years with the State of Maharashtra government to build energy infrastructure across the state.
  • The companies plan to build a smart energy infrastructure in Maharashtra that is open and accessible and establishes battery swapping and smart battery stations as a leading source for mobility and energy storage.
  • "We are partnering with Gogoro and Belrise to deploy the world's largest and most innovative smart energy infrastructure to utilize battery swapping for solving the unique and distributed energy challenges we face daily.

Gogoro Led Taiwan in Electric Scooter Sales in 2022 For the Seventh Straight Year and Gogoro Network Battery Swapping Powered 90-percent of Taiwan's Electric Scooters

Retrieved on: 
Thursday, January 5, 2023
GGR, Government, City, Growth, Motorized scooter, Transport, CO2, Car rental, Rail transport

TAIPEI, Taiwan, Jan. 5, 2023 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it led electric scooter sales in Taiwan in 2022 for the seventh straight year and its partner A-Motor was the number two electric scooter maker.

Key Points: 
  • According to the Taiwan government's newly released 2022 scooter sales statistics, electric scooter penetration rose to 12-percent in 2022 and Gogoro Network battery swapping powered five out of the top six electric scooter makers, including A-Motor, the number two electric scooter maker.
  • The Taiwan government released its annual scooters sales report for 2022 that highlighted the continued growth of electric scooters accounting for 12-percent of all scooters sold.
  • The report also demonstrated Gogoro's continued leadership in two-wheel electric mobility with Gogoro Network battery swapping powering 90-percent of all electric scooters in Taiwan including five out of the top six electric vehicle makers.
  • With five out of the top six electric scooter makers using Gogoro Network battery swapping, Gogoro is powering 90% of all electric scooters in Taiwan and there are now more Gogoro Network battery swapping locations than gas stations across Taiwan's major cities," said Horace Luke, founder, and CEO of Gogoro.

Taiwan Announces Four Year Extension to Electric Two-wheel Vehicle Subsidy

Retrieved on: 
Tuesday, December 13, 2022
GGR, Ecosystem, Transport, EV, CO2, Intelligence, City, Government, Economy, Growth, Multimedia, Safety, Kiira Motors Corporation, Carbon, Recycling, Rail transport, Yamaha Corporation

TAIPEI, Taiwan, Dec. 13, 2022 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced its support for the Taiwan government's decision to extend its electric two-wheel vehicle subsidy program for four additional years.

Key Points: 
  • TAIPEI, Taiwan, Dec. 13, 2022 /PRNewswire/ -- Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced its support for the Taiwan government's decision to extend its electric two-wheel vehicle subsidy program for four additional years.
  • "With more locations in Taiwan cities than gas stations, and adoption from leading vehicle partners like Yamaha, Suzuki Taiwan, A-Motor and others, Gogoro's open battery swapping ecosystem has demonstrated its interoperability and ease of use for riders providing a clear path for the transformation from gas to electric in Taiwan."
  • Gogoro's battery swapping and vehicle platforms offer a smart, proven and sustainable long-term ecosystem for delivering a new approach to urban mobility.
  • Gogoro has quickly become an innovation leader in vehicle design and electric propulsion, smart battery design, battery swapping, and advanced cloud services that utilize artificial intelligence to manage battery availability and safety.