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Greystar’s South Melbourne Development Breaks Ground

Twitter  to LinkedIn Greystar Real Estate Partners, a global property developer, has officially begun building on a $500 million project in South Mel

Twitter  to LinkedIn Greystar Real Estate Partners, a global property developer, has officially begun building on a $500 million project in South Melbourne, which is projected to become one of Australias largest buildtorent BTR complexes. The flats, which will be powered entirely by renewable energy, will be erected over three buildings and will house up to 1,500 people. "The Greystar team is ecstatic to have accomplished this critical milestone for the Gladstone Street project and to be celebrating with an official groundbreaking ceremony," Greystar managing director Australia Chris Key said. Melbournes rental market has recovered to prepandemic levels, with vacancy rates falling drastically to 1.3% from a peak of 5.2% in December 2020. Read More..

B2B Tech News | 2 years ago        

Luwjistik, a Singaporean logistics business, is purchased by Shippit for $18 million.

The purchase of Luwjistik for $18 million has been announced by logistics technology company Shippit. The change was made shortly after the business a

The purchase of Luwjistik for $18 million has been announced by logistics technology company Shippit. The change was made shortly after the business acquired the lastmile logistics technology platform Premonition. The $65 million Series B2 capital raising that came before it supported businesses in SEA. A seed round led by East Ventures and including MDIArise Finchs and Global Founders Capital netted Lauwjistik US$1.1 million. The firm collaborates with carriers including Ninja Van, J&T Express, and JNE Express and has more than 100 network partners spread over 18 nations. Read More..

B2B Tech News | 2 years ago        

Taiwan shares fell more than 4% in Asian mixed trade as TSMC fell 8%

As investors considered how new U.S. regulations would affect chipmaker TSMC, Taiwans benchmark index dropped by 4.35%. The largest MSCI index of Asia

As investors considered how new U.S. regulations would affect chipmaker TSMC, Taiwans benchmark index dropped by 4.35%. The largest MSCI index of AsiaPacific shares outside of Japan decreased by about 2%. The Kospi dropped 1.83% to 2,192.07 in South Korea, and the Kosdaq dropped 4.15% to 669.50. Read More..

B2B Tech News | 2 years ago        

Russias Seaborne Oil shipments to Europe Have Slid 60% Since the War in Ukraine began

For the four weeks ended October 7, crude shipments from Russia to Europe averaged 630,000 barrels per day. The most recent round of EU sanctions forb

For the four weeks ended October 7, crude shipments from Russia to Europe averaged 630,000 barrels per day. The most recent round of EU sanctions forbids the transportation of any Russian crude oil on EU vessels. As the Ukraine crisis enters its ninth month, the decision will make it extremely difficult for Russia to shift crude to other purchasers and threatens a significant source of income for Moscow. Read More..

B2B Tech News | 2 years ago        

Coinbase Gets Regulator Approval in Singapore

The value of the share block that will be reserved is now at 4 billion euros $3.9 billion. At the end of June, Nissan had 1.47 trillion yen $10.1 bill

The value of the share block that will be reserved is now at 4 billion euros $3.9 billion. At the end of June, Nissan had 1.47 trillion yen $10.1 billion in cash and cash equivalents, giving them plenty of room to invest in Renaults EV venture. Read More..

B2B Tech News | 2 years ago        

Shares of GM and Ford drop after UBS downgrade due to expectations of falling demand

The shares of GM and Ford are each down roughly 45% so far this year. A little under $50 billion is the market valuation of both corporations. Ford is

The shares of GM and Ford are each down roughly 45% so far this year. A little under $50 billion is the market valuation of both corporations. Ford is downgraded from "neutral" to "sell," and GM is downgraded from "buy" to "neutral." The investing company still favours GM over Ford due to the latters success with electric vehicles. Read More..

B2B Tech News | 2 years ago        

Nissan reportedly ready to invest millions in Renaults EV business

Nissan is prepared to make an investment of between $500 million and $750 million in Renaults electric vehicle division. Over time, Renault is prepare

Nissan is prepared to make an investment of between $500 million and $750 million in Renaults electric vehicle division. Over time, Renault is prepared to lower its stake in Nissan to 15%. The actions would resolve an imbalance that has caused conflict for years. In 1999, Renault sent Carlos Ghosn to save Nissan, and he later rose to the position of CEO of both automakers. When the agreement takes effect, Renaults vote rights will likewise be immediately limited. Read More..

B2B Tech News | 2 years ago        

Asia Stocks Hit by Fed Fears, China Up on Strong Earning Outlook

Most Asian markets sank more on Tuesday as technology companies faced new U.S. export restrictions and a hawkish Federal Reserve, while Chinese benchm

Most Asian markets sank more on Tuesday as technology companies faced new U.S. export restrictions and a hawkish Federal Reserve, while Chinese benchmarks were buoyed by a few of solid results projections. However, Chinas major stock indices climbed on Tuesday, boosted by a bullish outlook from COSCO Shipping Holdings Co Ltd SS601919 and battery manufacturer Contemporary Used in Technology Co Ltd SZ300750, or CATL. This weeks focus will be on local inflation and trade statistics for fresh clues on the Chinese economys possible rebound. In catchup activity following a vacation on Monday, South Koreas techexposed KOSPI sank 2.4%, while Japans Nikkei 225 index fell 2.7%. Read More..

B2B Tech News | 2 years 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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