Making inroads into new markets

Singapore-based logistics technology solutions provider Y3 Technologies took quite a few gambles in December 2015, starting with a decision by its current chief executive officer, Marc Dragon, 44, to uproot himself and his family from here and relocate to Shanghai. In November last year, Y3 Technologies inked a memorandum of understanding with Chongqing University of China (CQU) and Singapore Management University (SMU) to establish a laboratory to research and develop applications for the logistics industry as well as to drive innovation.

[Image Source: The Business Times]