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Saudi Arabian chemical company SABIC has launched a blockchain pilot program

Saudi Arabian chemical manufacturer SABIC has launched a blockchain pilot project. The purpose of the pilot project is to explore the potential of blo

Saudi Arabian chemical manufacturer SABIC has launched a blockchain pilot project. The purpose of the pilot project is to explore the potential of blockchain technology to support endtoend digital traceability of raw materials circulating in consumer products. The company, which is owned by Saudi Arabian oil giant Aramco, hopes that 70% of its test materials will help reduce the administrative effort associated with the certification process. Read More..

B2B Tech News | 2 years ago        

Gumtree SA has been acquired by VC Company Future potential for expansion in Africa

Gumtree, one of South Africas largest online marketplaces, has been acquired by Impresa Capital. Impresa is a Durban company run by venture capital br

Gumtree, one of South Africas largest online marketplaces, has been acquired by Impresa Capital. Impresa is a Durban company run by venture capital brothers Sean and Donovan Bergsma. Gumtrees operations in SA, UK, Australia, and Mexico were previously sold to Adevintaya. Gumtrees South African operations are currently based in Cape Town, with approximately 60 employees. This expansion plan is expected to create new jobs for Gumtree. As a communitybased market, acquisitions by local investors provided strategic advantages through local expertise and knowledge. Read More..

B2B Tech News | 2 years ago        

South America Air Cargo Market Report 2022 Airport Infrastructure Enhances Potential Opportunity

From US$ 6.48 billion in 2021, the SAM air freight market is anticipated to grow to US$ 9.58 billion by 2028. Ecommerce platforms quick uptake is the

From US$ 6.48 billion in 2021, the SAM air freight market is anticipated to grow to US$ 9.58 billion by 2028. Ecommerce platforms quick uptake is the main driver of the markets expansion. The complexity of temperaturesensitive cargo and issues related to market ambiguity restrict growth. Due to difficult operating situations, South America still has a lower than average demand for air freight than other regions. A serious slowdown in GDP and trade appears to be having a bigger influence on the regions tardy freight recovery than a lack of cargo capacity. IATA The epidemic has had a negative impact on the global aviation business, but South America has been particularly badly hit. Read More..

B2B Tech News | 2 years ago        

Italy and Russia share a rare spacewalk amid tensions in Ukraine

Italys Samantha Cristoforetti collaborated with Russias Oleg Artemiev to develop a new robotic arm for the International Space Station. Recently repla

Italys Samantha Cristoforetti collaborated with Russias Oleg Artemiev to develop a new robotic arm for the International Space Station. Recently replaced head of the Russian Space Agency, Dmitri Rogozin, halted the installation last week and threatened to call the launch into question. After Russia invaded Ukraine in February, Europe stopped working with Russia on Mars exploration. The Associated Press is supported by the Department of Health and Science, Department of Science Education, Howard Hughes Medical Institute. Read More..

B2B Tech News | 2 years ago        

ArawakX set to launch new medical company on August 3

The sole SCBregulated crowdfunding site in the country, ArawakX, will soon introduce a new medical venture. Due to its proximity to the United States

The sole SCBregulated crowdfunding site in the country, ArawakX, will soon introduce a new medical venture. Due to its proximity to the United States and recognition of certifications from both the European Union and Asia, in addition to the FDA, the Bahamas presents a special opportunity for medical innovation. Over 504 investors have pledged more than $280,000 to ArawakX. Once these donations are turned into cash, the business will be extremely close to reaching its $320,000 goal. The newest product is Tropical Gyro, a restaurant company. Read More..

B2B Tech News | 2 years ago        

South Korea plans to invest 340 trillion won for a chip supremacy

On Thursday, the South Korean government pledged financial and regulatory support to open the door for the chip industrys $259 billion in investment o

On Thursday, the South Korean government pledged financial and regulatory support to open the door for the chip industrys $259 billion in investment over the following five years. The top two memory chip manufacturers in the world, Samsung Electronics and SK Hynix, are based in South Korea. By 2030, South Korea will hold a 10% market share for advanced logic chips. The government wants to localise 50% of the essential components, parts, and machinery for chips. The trade minister emphasises that when negotiating with the USled chip alliance, national interests should take precedence. Read More..

B2B Tech News | 2 years ago        

Entravision expands its digital partnership with Meta in Honduras and El Salvador, expanding the Latin American partnership to 11 countries

Entravision will become an authorized sales partner for Meta, which owns the Facebook, Instagram, and WhatsApp platforms. Entravision Cisneros Interac

Entravision will become an authorized sales partner for Meta, which owns the Facebook, Instagram, and WhatsApp platforms. Entravision Cisneros Interactive provides local currency support, consulting, training, and billing to help businesses achieve their advertising goals. The new offices in Honduras and El Salvador will join the 16 existing markets in Latin America. Entravision Cisneros Interactive and Meta are expanding their presence in Honduras and El Salvador. By 2021, more than 5,000 people, including advertisers and agencies, will be trained to use the meta platform. We are very excited to expand this successful program, said Christian Pretelt, regional sales leader for Meta, Latin America. Read More..

B2B Tech News | 2 years ago        

Fairbanc recommends BNPL to small traders in Indonesia

Buy Now Pay Later BNPL startups are consumeroriented. Also BNPL business is starting to grow. Fairbanc allows small businesses to get shortterm loans

Buy Now Pay Later BNPL startups are consumeroriented. Also BNPL business is starting to grow. Fairbanc allows small businesses to get shortterm loans to buy consumer goods. The Singapore startup has raised $4.8 million in preSeries A funding led by Vertex Ventures. Fairbanc is a digital lending platform for small businesses that dont require a smartphone or digital knowledge. The companys founding team includes Kevin OBrien, former CTO of nonprofit lending platform Kiva, and Thomas Schumacher, founder of emerging markets microcredit platform Tala. Instead, Fairbank decided to start testing with Unilever in Indonesia. According to him, this increased the income of about 500 small traders who did not become insolvent in one year by 35%. 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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