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Due to a lack of funding, delivery apps vanish in Europe.

During the COVID19 restrictions in 2020, demand for grocery delivery services increased dramatically. Gorillas and Flink, two Berlinbased grocery deli

During the COVID19 restrictions in 2020, demand for grocery delivery services increased dramatically. Gorillas and Flink, two Berlinbased grocery delivery apps, both achieved unicorn status in 2021. However, rising inflation through 2022 has reduced overall customer demand for speedy deliveries. The supermarket delivery bubble appears to have finally burst, as investment dollars dwindle and speedy delivery startups struggle to demonstrate profitability. Long have delivery drivers and warehouse workers grumbled about low pay and working conditions. Several Dutch communities have already put temporary bans on new dark businesses. Employees are unsure what Getirs acquisition of Gorillas signifies. Read More..

B2B Tech News | 2 months ago        

An Australian expansion is planned by a healthcare technology company.

Healthcare technology startup situated in Dunedin Elixir is planning a trip to Australia. According to Jack Pivac, the companys founder and owner, it

Healthcare technology startup situated in Dunedin Elixir is planning a trip to Australia. According to Jack Pivac, the companys founder and owner, it visited conferences in Australia in November and met with a few doctors while there. The startup was created in 2017 as an alumni of Startup Dunedins Distiller incubator programme. He did not specify when the company planned to begin operations in Australia. Elixir offers a cloudbased practise management solution for New Zealands private specialised healthcare professionals. Elixir was one of three firms to win the Startup Dunedin Challenger Series prize in 2018. The fiveyearold company has over 600 users, including over 200 doctors. Our solution can reduce operations from two hours to five minutes, Mr Pivac said. He calculated Read More..

B2B Tech News | 2 months ago        

2023 will see increased investments from German businesses in Africa.

According to a poll obtained by Reuters on Tuesday, German companies intend to grow their activities in Africa next year, particularly in fields like

According to a poll obtained by Reuters on Tuesday, German companies intend to grow their activities in Africa next year, particularly in fields like as green hydrogen and liquefied natural gas, with 43% planning to increase investment in the continent. According to economy ministry data, German companies invested around 1.6 billion euros in Africa in 2021, with roughly 1.1 billion euros going to the SubSahara region, according to a poll of members of the GermanAfrican Business Association. Read More..

B2B Tech News | 2 months ago        

In a deal with Chinas ENN, NextDecade will increase the volume of LNG supply.

All supply volumes will be sourced on a freeonboard basis from NextDecades Rio Grande LNG export project RGLNG in Brownsville, Texas, and will be inde

All supply volumes will be sourced on a freeonboard basis from NextDecades Rio Grande LNG export project RGLNG in Brownsville, Texas, and will be indexed to the Henry Hub. Earlier this month, NextDecade announced a 20year contract to provide 1.5 million tonnes of LNG to a unit of Chinas ENN. In 2021, China was the worlds leading LNG importer, importing 78.8 million tonnes of the chilled fuel. Read More..

B2B Tech News | 2 months ago        

Tata Comm acquires US company Switch Enterprises for Rs 486 cr

Tata Communications will pay Rs 486 crore in cash to purchase The Switch Enterprises, a New Yorkbased endtoend live video production company, the comp

Tata Communications will pay Rs 486 crore in cash to purchase The Switch Enterprises, a New Yorkbased endtoend live video production company, the company announced on Thursday. Together, Tata Communications and The Switch will assist The Switch clients in over 190 countries and territories, and The Switch will deliver live production capabilities that will let organisations develop highquality immersive content more quickly and effectively. Read More..

B2B Tech News | 2 months ago        

Japans Mitsubishi UFJ says its ready to make further deals to expand in Asia

The group revealed a $620 million agreement to purchase the Philippine and Indonesian divisions of Dutch consumer financing giant Home Credit Group th

The group revealed a $620 million agreement to purchase the Philippine and Indonesian divisions of Dutch consumer financing giant Home Credit Group this year HC. Another target nation, according to Kamezawa, is India. This year, Mitsubishi UFJ established a $300 million fund to support the nations mid to latestage businesses. Due to the diminishing opportunities in its home market, which has a growing ageing population and low interest rates, Mitsubishi UFJ, which owns approximately 22% of Morgan Stanley MS.N, has been eager to expand abroad. This is similar to other Japanese lenders. Read More..

B2B Tech News | 2 months ago        

Vively raises $1.5 million in preseed round to monitor metabolic health

Send to Twitter Add to LinkedIn An oversubscribed preseed fundraising round led by Archangel Ventures has received $1.5 million for a Sydneybased heal

Send to Twitter Add to LinkedIn An oversubscribed preseed fundraising round led by Archangel Ventures has received $1.5 million for a Sydneybased healthtech that helps people understand how their diet and lifestyle are affecting their metabolic health in real time. Vively, which was founded in 2020 by Tim Veron and Michael Pang, employs a continuous glucose monitoring CGM technology via an arm patch to monitor glucose spikes as well as other data to produce tailored health insights without the need for a doctor. The new funds will be utilised for product development and expansion in the AsiaPacific region. Diabetes Australia estimates that two million Australians have prediabetes and are at high risk of developing type 2 diabetes. Read More..

B2B Tech News | 2 months ago        

TSMC in talks with suppliers regarding first European factory

Taiwan Semiconductor Manufacturing Company Ltd TSMC2330.TW is in advanced talks with major suppliers about establishing its first prospective European

Taiwan Semiconductor Manufacturing Company Ltd TSMC2330.TW is in advanced talks with major suppliers about establishing its first prospective European plant in Dresden, Germany, according to the Financial Times on Friday. According to the article, which cites people familiar with the situation, TSMC is sending a team of top executives to Germany early next year to discuss the extent of government backing for the planned plant as well as the capacity of the local supply chain to satisfy its needs. While Taiwan and the European Union held highlevel trade talks in June, TSMC stated less than a week later that it has no specific intentions for manufacturing in Europe. TSMC is also constructing a facility in Japan. Read More..

B2B Tech News | 2 months ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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