The premier music festival will play host 16 K-pop, regional and Malaysian stars including Daesung, S.Coups, Mingyu, NMIXX, TWS, WINNER, STAYC, Cravity, 82major, KUN, Uriah See, Firdhaus, Aina Abdul and Belle Sisoski, Win Metawin, NexT1DE and Butterbear
KUALA LUMPUR, Malaysia, April 23, 2026 /PRNewswire/ -- Hong Leong Bank ("HLB" or the "Bank") has announced a landmark strategic partnership with Tencent Music Entertainment Group ("TME") platforms, JOOX and QQ Music, to present the AsiaTop Music Festival 2026.
In support of Visit Malaysia Year and Visit Selangor Year 2026, the music festival is set to take place on 30 & 31 May 2026 at the Sepang International Circuit, showcasing an elite lineup featuring celebrated artists from Malaysia and across Asia alongside the largest K-pop music experience in the ASEAN region. This collaboration is a cornerstone of HLB's commitment to lifestyle-centric banking, where it strives to provide its cardholders with exclusive access to experiences and lifestyle events. As part of this partnership, HLB cardholders will enjoy privileges such as 2 days of ticket pre-sale access, placing them at the forefront of the region's most significant live entertainment moments.
According to Andrew Jong, HLB's Managing Director of Personal Financial Services, "At the heart of this partnership is our resolute focus to providing our cardholders with exclusive experiences We see the HLB card as more than just a financial instrument, viewing it as a passport to lifestyle events, entertainment experiences, and elite privileges across the region, ensuring they stand at the very center of these unforgettable cultural moments."
Speaking of the collaboration, JOOX and QQ Music also highly value the opportunity to bring a flagship event like AsiaTop Music Festival 2026 to Malaysia. It is the hope of both parties that this festival will bridge the gap between digital streaming and high-production live experiences, enriching Malaysia's cultural landscape while boosting local tourism and commerce. By building on HLB's focus in lifestyle entertainment, the music festival is catering not only to Malaysians but also to music fans from across the region who seek meaningful and live connections.
The music festival is also in support of the Visit Malaysia Year and Visit Selangor Year 2026 national tourism campaign, the festival is designed to be a regional magnet for music lovers, while also promoting Malaysia as a premier destination for exclusive entertainment and lifestyle events.
Tickets for the AsiaTop Music Festival 2026 will officially go on sale starting 6 May 2026, and HLB Credit and Debit Cardholders will enjoy exclusive priority access windows. The festival is also open to customers across all regions. For more information, please visit: www.hlb.com.my/asiatop
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Hong Leong Bank Sets the Stage for Malaysia's Largest Music Festival; Partners with JOOX and QQ Music for AsiaTop Music Festival 2026
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SHENZHEN, China, April 23, 2026 /PRNewswire/ -- Pudu Robotics, a global leader in commercial service robotics, today announced that it has raised nearly USD 150 million in a new funding round. Following this round, the company's valuation has exceeded USD 1.5 billion, reflecting the capital market's strong confidence in Pudu's technical barriers, commercial scalability, and global leadership. With this latest round, Pudu's cumulative funding now exceeds USD 300 million.
Proceeds from the financing will be strategically deployed to accelerate the development of embodied AI technologies, expand the company's product portfolio, deepen global market expansion, scale manufacturing capacity, and further strengthen supply chain capabilities. These initiatives are designed to reinforce the company's leadership in the rapidly evolving commercial service robotics sector and laying a solid foundation for future capital market milestones.
Pudu Robotics has emerged as one of the fastest-growing companies in the commercial service robotics sector, with a diversified portfolio spanning service delivery, commercial cleaning, industrial delivery and general embodied AI robotics. This multi-sector approach resulted in a remarkable 100% year-over-year revenue surge in 2025. Notably, the company's commercial cleaning segment has grown to represent over 70% of total revenue, while its industrial delivery robots have seen rapid adoption with over 4,000 units shipped within just one year of their market launch.
This commercial success is further validated by Pudu's extensive global footprint, with its solutions widely adopted by leading global brands including Carrefour, Walmart, and EDEKA. According to Frost & Sullivan's "Market Research on Global Commercial Service Robotics (2023)", Pudu Robotics commands a 23% global market share, ranking first worldwide and maintaining the industry's leading position in international deployments.
Headquartered in Shenzhen with dedicated R&D centers in Chengdu and Hong Kong, the company continues to push technical boundaries through the full-stack development of core components, including navigation algorithms, multi-robot scheduling, motion controllers, and integrated joint modules.
Felix Zhang, Founder and CEO of Pudu Robotics, said: "This funding milestone is a powerful validation of Pudu's industry leadership, product and technological strength, global brand, and commercial infrastructure. Backed by our strategic investors and industrial partners, Pudu will continue to push the boundaries of embodied AI and commercial service robotics. We remain committed to innovating with the spirit of an inventor and leveraging a global vision to accelerate robot adoption, elevating the industry to new heights in the global value chain."
About Pudu Robotics
Pudu Robotics, a global leader in the commercial service robotics sector, is dedicated to empowering easier work and better lives through AI and robotics, with a vision of building a global intelligent robotics infrastructure that serves 10 billion people worldwide.
Built on three core technologies—mobility, manipulation, and interaction—Pudu Robotics has pioneered an "One Brain, Multiple Embodiments" architecture, establishing a comprehensive product portfolio that includes specialized, semi-humanoid, and humanoid robots.
Currently, Pudu offers four major product lines: service delivery, commercial cleaning, industrial delivery and general embodied AI. Its solutions are widely deployed across industries such as retail, hospitality, manufacturing and industrial facilities, food and beverage, real estate and property services, healthcare, entertainment and sport, education, and public services.
To date, Pudu Robotics has shipped over 120,000 units globally, with a presence in more than 80 countries and regions.
SHENZHEN, China, April 23, 2026 /PRNewswire/ -- Pudu Robotics, a global leader in commercial service robotics, today announced that it has raised nearly USD 150 million in a new funding round. Following this round, the company's valuation has exceeded USD 1.5 billion, reflecting the capital market's strong confidence in Pudu's technical barriers, commercial scalability, and global leadership. With this latest round, Pudu's cumulative funding now exceeds USD 300 million.
Proceeds from the financing will be strategically deployed to accelerate the development of embodied AI technologies, expand the company's product portfolio, deepen global market expansion, scale manufacturing capacity, and further strengthen supply chain capabilities. These initiatives are designed to reinforce the company's leadership in the rapidly evolving commercial service robotics sector and laying a solid foundation for future capital market milestones.
Pudu Robotics has emerged as one of the fastest-growing companies in the commercial service robotics sector, with a diversified portfolio spanning service delivery, commercial cleaning, industrial delivery and general embodied AI robotics. This multi-sector approach resulted in a remarkable 100% year-over-year revenue surge in 2025. Notably, the company's commercial cleaning segment has grown to represent over 70% of total revenue, while its industrial delivery robots have seen rapid adoption with over 4,000 units shipped within just one year of their market launch.
This commercial success is further validated by Pudu's extensive global footprint, with its solutions widely adopted by leading global brands including Carrefour, Walmart, and EDEKA. According to Frost & Sullivan's "Market Research on Global Commercial Service Robotics (2023)", Pudu Robotics commands a 23% global market share, ranking first worldwide and maintaining the industry's leading position in international deployments.
Headquartered in Shenzhen with dedicated R&D centers in Chengdu and Hong Kong, the company continues to push technical boundaries through the full-stack development of core components, including navigation algorithms, multi-robot scheduling, motion controllers, and integrated joint modules.
Felix Zhang, Founder and CEO of Pudu Robotics, said: "This funding milestone is a powerful validation of Pudu's industry leadership, product and technological strength, global brand, and commercial infrastructure. Backed by our strategic investors and industrial partners, Pudu will continue to push the boundaries of embodied AI and commercial service robotics. We remain committed to innovating with the spirit of an inventor and leveraging a global vision to accelerate robot adoption, elevating the industry to new heights in the global value chain."
About Pudu Robotics
Pudu Robotics, a global leader in the commercial service robotics sector, is dedicated to empowering easier work and better lives through AI and robotics, with a vision of building a global intelligent robotics infrastructure that serves 10 billion people worldwide.
Built on three core technologies—mobility, manipulation, and interaction—Pudu Robotics has pioneered an "One Brain, Multiple Embodiments" architecture, establishing a comprehensive product portfolio that includes specialized, semi-humanoid, and humanoid robots.
Currently, Pudu offers four major product lines: service delivery, commercial cleaning, industrial delivery and general embodied AI. Its solutions are widely deployed across industries such as retail, hospitality, manufacturing and industrial facilities, food and beverage, real estate and property services, healthcare, entertainment and sport, education, and public services.
To date, Pudu Robotics has shipped over 120,000 units globally, with a presence in more than 80 countries and regions.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Pudu Robotics Raises Nearly USD 150 Million, Exceeds USD 1.5 Billion Valuation
