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India exports the Pinaka rocket launcher to Armenia Nigeria, Indonesia show interest

Armenia has placed an export order that must be fulfilled in two years. Given that Armenia is involved in a war with Azerbaijan, Indias delivery of th

Armenia has placed an export order that must be fulfilled in two years. Given that Armenia is involved in a war with Azerbaijan, Indias delivery of the Pinaka rocket launcher to Armenia is significant. This is a big geopolitical move by India as Turkey is the main supporter of Azerbaijan and has recently toed the Pakistan line on Kashmir. Read More..

B2B Tech News | 2 years ago        

Camplify will double in size through the acquisition of the German PaulCamper for $ 47.6 million

The acquisition will position Camplify as a major global player in the RV rental market, doubling its size by bringing PaulCampers fleet of 5,500 RVs

The acquisition will position Camplify as a major global player in the RV rental market, doubling its size by bringing PaulCampers fleet of 5,500 RVs in Europe on board. Camplify will fund the transaction with a $1.8 million cash payment and the issuance of $45.8 million in Camplify shares at a price of $1.9624 per share to PaulCamper. As a company that has secured key markets in Europe, PaulCamper is excited to take this next step and join a global public company on the Camplify journey. The company plans to raise $8.5 million through a twotranche placement with a discounted issue price of $1.70 per share. Read More..

B2B Tech News | 2 years ago        

Kakao CEO Namkoong resigns after service hiatus

One of Kakaos two CEOs, Namkoong Whon, resigned on Wednesday as the business came under fire from the public and the government for how it handled a w

One of Kakaos two CEOs, Namkoong Whon, resigned on Wednesday as the business came under fire from the public and the government for how it handled a weekend fire at a data centre that resulted in a significant service disruption and drove stock market investors to sell off their holdings. As Namkoong has resigned, the business announced in a filing with the stock exchange that Hong Euntaek will serve as Kakaos sole CEO. The news of Namkoongs resignation appeared to be well received by investors, as Kakaos shares rose as much as 5.7% before losing some of their gains and closing the days trading up 1.4%. They were eventually launched in 2019. Read More..

B2B Tech News | 2 years ago        

Orbex raises 40.4 million pounds, all systems choose Europes first complete orbital microlauncher

In order to fund all preflight checks, Orbex has received £40.4 million in a Series C financing as it prepares for the first vertical launch from UK

In order to fund all preflight checks, Orbex has received £40.4 million in a Series C financing as it prepares for the first vertical launch from UK land. The company will be able to secure more finance thanks to the extra resources to support further projects. Orbex has raised over £96.5 million for its business to date. Read More..

B2B Tech News | 2 years ago        

Indonesian company Kopi Kenangan opens its first international store in Malaysia

Malaysia has become the first foreign market for coffee tech startup Kopi Kenangan. All of the companys branches outside of Indonesia will sell produc

Malaysia has become the first foreign market for coffee tech startup Kopi Kenangan. All of the companys branches outside of Indonesia will sell products under the Kenangan Coffee brand. The company plans to shortly enter two or three Southeast Asian nations, according to CEO Edward Tirtanata. Read More..

B2B Tech News | 2 years ago        

FlapKap, a MENA fintech, raises $3.6 million in its funding round

The $3.6M seed round of FlapKap, the first techenabled revenuebased lending platform in the MENA area, has closed. A15, Bolt by QED, Nclude, Outliers,

The $3.6M seed round of FlapKap, the first techenabled revenuebased lending platform in the MENA area, has closed. A15, Bolt by QED, Nclude, Outliers, and Bolt by QED all took part in the round. By enabling ecommerce companies to increase their inventory and digital ads now and pay flexibly afterwards, the company hopes to strengthen its position in Saudi Arabia, the UAE, and Egypt. Read More..

B2B Tech News | 2 years ago        

AWS Launches Infrastructure Region in Thailand

The Bangkok region of AWS Asia Pacific will have three Availability Zones. Over a 15year period, AWS expects to invest more than $5 billion 190 billio

The Bangkok region of AWS Asia Pacific will have three Availability Zones. Over a 15year period, AWS expects to invest more than $5 billion 190 billion baht in Thailand. AWS has introduced 10 Amazon CloudFront edge locations in Bangkok since 2020. The next generation of IT leaders as well as local developers and students are receiving training funding from AWS. AWS intends to work on a skilling plan in conjunction with the Thai Ministry of Digital Economy and Society. To help develop indemand cloud skills, the business also works directly with organisations like Siam Cement Group. Read More..

B2B Tech News | 2 years ago        

Australia and Singapore reach agreement to reach net zero

Singapore and Australia will work together to transition to netzero emissions of greenhouse gases. There are 17 parts to the agreement, which deal wit

Singapore and Australia will work together to transition to netzero emissions of greenhouse gases. There are 17 parts to the agreement, which deal with promoting trade and investment in green services, harmonising standards, and creating green growth industries. A 4,200kilometer 2,600mile underwater cable will be used to transport solar energy from northern Australia to Singapore, which has already made this decision. Lee Hsien Loong, the prime minister of Singapore, hinted at more collaboration in crossborder electricity commerce and environmentally friendly aviation. Read More..

B2B Tech News | 2 years ago        



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