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China is committed to supporting the digitization of 4,0006,000 small businesses by 2025

By 2025, China will support about 300 service platforms to support the digital transformation of 4,000 to 6,000 small and medium enterprises SMEs. The

By 2025, China will support about 300 service platforms to support the digital transformation of 4,000 to 6,000 small and medium enterprises SMEs. The program targets companies in key industries such as auto parts manufacturing, electronic equipment, pharmaceuticals, and chemicals. In 2022 alone, the central government plans to support about 100 service platforms with incentives to speed up the digitalization of firms.SMEs are the heart of Chinas economy and a major source of jobs, but this year many have been hit hard by severe COVIDrelated restrictions. Chinas Cyberspace Administration said in late 2021 that China would make decisive progress in digitization by 2025. Read More..

B2B Tech News | 2 years ago        

CBA CIO Pascal Boillat resigned in November

The chief information officer CIO at Commonwealth Bank of Australia CBA Pascal Boillat is to leave the bank in November after four years in the role.

The chief information officer CIO at Commonwealth Bank of Australia CBA Pascal Boillat is to leave the bank in November after four years in the role. He has been replaced by Gavin Munroe, currently CIO for HSBCs wealth and personal banking business. CBA chief executive Matt Comyn said that his predecessors contribution had been significant during his time at the bank.CBA chief executive Mark Comyn says Munroe has deep experience driving digital transformations for financial services companies. Read More..

B2B Tech News | 2 years ago        

The Romanian crowdfunding platform Seedblink is recruiting Dutch colleagues

Romaniabased SeedBlink, a European coinvestment platform for technology startups, announced that it has completed the acquisition of Symbid, one of th

Romaniabased SeedBlink, a European coinvestment platform for technology startups, announced that it has completed the acquisition of Symbid, one of the worlds first investment crowdfunding platforms in a move towards European integration. This transaction will accelerate SeedBlinks reach as a panEuropean player by expanding its geographic footprint in CEE and Benelux and expanding its mission to integrate and build capital investment infrastructure for European technology companies at all stages. European coinvestment platform for tech startups SeedBlink has announced that it has completed the acquisition of Symbid. The deal aims to accelerate SeedBlinks spread as a panEuropean player and increase its geographic presence in the UAE and Benelux. With the addition of Symbid, the platform has invested more than 110 million euros in 250 startups. Read More..

B2B Tech News | 2 years ago        

Verde signs a strategic sales partnership with Lavoro, the largest agricultural distributor in Latin America

Verde AgriTech has entered a strategic partnership with Grupo Lavoro, the largest distributor of agricultural inputs in Latin America. The partnership

Verde AgriTech has entered a strategic partnership with Grupo Lavoro, the largest distributor of agricultural inputs in Latin America. The partnership will open up new markets for Verdes multinutrient potassium products, BAKS and K Forte sold internationally as Super Greensand the Product in Brazil. Lavoro operates more than 190 stores in Brazil with 2,500 employees, most of whom are agronomists and agronomists. Verdes Plant 1 is already equipped with bio revolution facilities. Plant 2, currently under construction, will house the proportionally larger Bio Revolution facility and will be operational by the end of this year. With over 6,000 clients since 2017, the Company achieved an Earned Growth Rate of 165% in 2021, compared to 61% in 2020. The Companys 2022 guidance updated upwards on May 03, 20221 provides for sales of 1,000,000 tonnes of Verdes Products, with revenue of C$109.09 million, EBITDA of C$49.06 million, and net earnings per share EPS of $0.87. Read More..

B2B Tech News | 2 years ago        

Over $600 million in digital sales consulting Super Retail Group

Super Retail Group reported record online and digital sales and plans to invest an additional $12 million in customer loyalty features. The company ow

Super Retail Group reported record online and digital sales and plans to invest an additional $12 million in customer loyalty features. The company owns brands such as Boating Camping Fishing BCF, Macpac, Rebel and Supercheap Auto. It also saw a 73 percent increase in clickandcollect sales, reaching $332 million. Super Retail Group is seeking to better leverage its 9.2 million active club members data as it builds out a loyalty and personalisation program. The retailer has already spent $25 million on operating expenses and $19 million on investments in personalization and loyalty capabilities.It reported sales of $3.55 billion, rising by 2.8 percent over the year, and net profit after tax of $244.1 million. Read More..

B2B Tech News | 2 years ago        

QuotaBook, a YC grad, raises $11 million to expand its stock management platform

Seoulbased inventory management platform QuotaBook has raised $11 million in funding led by Elefund. Access Ventures, Hana Securities, and South Korea

Seoulbased inventory management platform QuotaBook has raised $11 million in funding led by Elefund. Access Ventures, Hana Securities, and South Korean fintech company Viva Republica also joined the round. The startup was founded by former venture capitalists Andy Choi, Dan Hong, and Pilseon Jun in 2019. It aims to digitize the equity/fund management process, provide a common standard for securityrelated data, and host shareholder and board meetings online. About 40% of startups in Korea use QuotaBooks service that provides cap table management. In June, it launched a limited inventory unit RSU management service. The startup raised seed funding in June 2021 from Draper Associates, Carta Ventures, Elefund, Goodwater Capital, and Scale Asia Ventures. Read More..

B2B Tech News | 2 years ago        

The International Trade Center ITC brings Tunisian textile companies to Egypt to boost regional trade

The top exports from the Middle East and North Africa are textiles and apparel. Egypt, Jordan, Morocco, and Tunisia all have free trade agreements tha

The top exports from the Middle East and North Africa are textiles and apparel. Egypt, Jordan, Morocco, and Tunisia all have free trade agreements thanks to the Agadir Agreement. 55% of the regions textile and apparel exports totaled $8.6 billion in their combined exports in 2019. The largest textile consumers in the Agadir region are the EU and the US. Exports to nearby nations continue to be relatively low, in part because of lower purchasing power. The missions objectives include enhancing logistics and lowering nontariff barriers between the two nations. Read More..

B2B Tech News | 2 years ago        

Drought in Europe threatens German industry as Rhine levels drop

Water levels on the Rhine at Emmerich, near the Dutch border, dropped by a further 4 centimeters 1.6 inches in 24 hours. The Rhine River still has a d

Water levels on the Rhine at Emmerich, near the Dutch border, dropped by a further 4 centimeters 1.6 inches in 24 hours. The Rhine River still has a depth of almost 200 centimeters six feet, six inches But the record low measurement highlights the extreme lack of water caused by months of drought across Europe. Germanys main industry lobby group warns factories may have to throttle production or halt it completely. Read More..

B2B Tech News | 2 years ago        



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Refresh Your Facts

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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