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Chinas growing isolation, according to Asias wealthiest man

Indias richest man Gautam Adani says that China will find it hard to bounce back from economic slowdown. He cites nationalism, supply chain risk mitig

Indias richest man Gautam Adani says that China will find it hard to bounce back from economic slowdown. He cites nationalism, supply chain risk mitigation, and technology restrictions as factors. Adani was speaking less than a month after becoming the worlds third richest man. He is the founder of the eponymous Adani Group, which controls companies ranging from ports to power.Businesses may have to move away from China because of trade restrictions and rising tensions between Washington and Beijing. Adani says India is one of the few relatively bright spots from a political, geostrategic, and market perspective. He anticipates India to become the worlds third largest economy by 2030, with the largest consuming middle class the world will ever see. Read More..

B2B Tech News | 2 years ago        

Tech startup StoreHub raises $13.5M in preSeries B round led by 500 Global

BUSINESS automation platform StoreHub has raised $13.5 million in preSeries B funding led by US venture capital firm 500 Global, formerly known as 500

BUSINESS automation platform StoreHub has raised $13.5 million in preSeries B funding led by US venture capital firm 500 Global, formerly known as 500 Startups. The latest funds will be used to invest in technological innovation to increase value and continue to meet the demand of all customers while maintaining positive unit economics. The allinone platform offers local retailers and restaurants automated solutions such as cloudbased POS systems and QRbased ordering. According to StoreHub, the platform is used by 15,000 Southeast Asian businesses to date and has processed more than 128 million transactions in the past 12 months, with a total volume of more than $1.6 billion, an increase of 40 % in the last 12 months. last year. Toast is an allinone technology platform for restaurants. Read More..

B2B Tech News | 2 years ago        

Africa offers a big rebound for investors looking for it

Africa currently represents a $2.5 trillion market opportunity and is on an upward growth trajectory. By 2050, one in four people on the planet will b

Africa currently represents a $2.5 trillion market opportunity and is on an upward growth trajectory. By 2050, one in four people on the planet will be African. Entrepreneurship has increased tenfold in Africa, with over 600 active technology hubs, 3,500 new technologyrelated companies, and $1 billion in venture capital. Africas health and wellness sector is projected to be worth US$259 billion by 2030. Africa needs investment from both local and foreign capital to build a robust and organized ecosystem to nurture and unleash the continents creative talent. Africa contributes only 3% of the CCIs global revenues of $ 2.25 trillion, which totals $ 67.5 billion and includes art, fashion, music, and film, among others. More than 60 percent of the worlds undeveloped agricultural land is on the continent. Read More..

B2B Tech News | 2 years ago        

Asian stocks are mixed after the Dow enters a bear market

Tokyo, Sydney and Shanghai advance while urban center and Seoul decline. U.S. futures rose and oil prices also were higher on Tuesday. The week starte

Tokyo, Sydney and Shanghai advance while urban center and Seoul decline. U.S. futures rose and oil prices also were higher on Tuesday. The week started off with a bout of selling amid an extended slump for several markets. Volatility in currency markets has further roiled markets in recent days. Investors are awaiting the subsequent round of earnings reports.They will get an improved sense of how companies are handling persistent inflation. Several economic reports are on tap for on which will give more details on consumer spending. The Fed raised its benchmark rate, which affects many consumer and business loans. Read More..

B2B Tech News | 2 years ago        

Peruvian fintech Wolet closes $2 million debt financing round for small business loans

Peruvian fintech Wolet has raised a $2 million funding round led by private equity fund Acorde and a group of angel investors. Wolet offers loan solut

Peruvian fintech Wolet has raised a $2 million funding round led by private equity fund Acorde and a group of angel investors. Wolet offers loan solutions integrated with payment processors and POS systems. This integration enables the analysis of business transactions to understand the operational flow of small businesses while providing customized small business loan solutions. Wolet has partnered with VendeMás from Perus Niubiz and is in the process of partnering with other top Latham companies. Wolet operates as a Fintech Lending as a Service LaaS that enables fintech integration platforms to provide capital to small and medium enterprises SMEs. The founder of Wolet is also the founder of Fintech Fintech, founded in 2016 and accelerated by NxtpLabs. Read More..

B2B Tech News | 2 years ago        

Leoparda Electric has raised $8.5 million to help promote electric twowheelers in Latin America. distribution

Sao Paulobased startup Leoparda Electric has closed an $8.5 million seed round coled by Monashees and Construct Capital. The startup will launch a net

Sao Paulobased startup Leoparda Electric has closed an $8.5 million seed round coled by Monashees and Construct Capital. The startup will launch a network of battery replacement stations for electric twowheelers in December. Latin America is the second largest twowheeler market after Southeast Asia, but lags behind in electrification. In addition to providing a battery exchange network, Leoparda is dedicated to subscription packages that include unlimited battery exchanges, electric motorcycles or scooters, maintenance and insurance. according to Sarvari, this is typically around 50% of what couriers spend on transport costs the first Leoparda battery replacement stations will be located in concentrated areas where most couriers work. In the future, the startup wants to create its own removable battery to reduce costs by optimizing them for longer life. Read More..

B2B Tech News | 2 years ago        

Chinese company Leapmotor raises $800 million in Hong Kong IPO

Chinese electric vehicle maker Zhejiang Leapmotor Technology will raise $800 million in its Hong Kong IPO at a price of HK$48 $6.12 each. Even if the

Chinese electric vehicle maker Zhejiang Leapmotor Technology will raise $800 million in its Hong Kong IPO at a price of HK$48 $6.12 each. Even if the $1.03 billion power producer doesnt want to raise money, this years IPO will still be the biggest in town. Calb has collected up to $ 1.7 billion from the IPO, which made the largest new stock in Hong Kong in 2022. We plan to use IPO funds for research and development and production capacity. Hong Kong IPO size fell nearly 90% as global markets continue to come under pressure from regulatory uncertainty in China. Read More..

B2B Tech News | 2 years ago        

The United Arab Emirates has an energy contract with Germany on LNG. delivery

The UAE has signed an agreement with Germany to promote energy security and industrial growth. Abu Dhabi National Oil Company ADNOC has signed a contr

The UAE has signed an agreement with Germany to promote energy security and industrial growth. Abu Dhabi National Oil Company ADNOC has signed a contract to supply liquefied natural gas LNG to German energy company RWE.ADNOC. The first cargo for the pilot operation of the floating natural gas terminal at Brunsbüttel is expected to be delivered by the end of 2022. . In addition, ADNOC has booked some additional LNG shipments in 2023 for German customers only. ADNOC also completed the first direct supply of diesel from the UAE to Germany in September 2022 and Wilhelm Hoyer GmbH & Co. KG has agreed to supply up to 250,000 tonnes of diesel per month until 2023. 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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