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Netflix is ​​launching a project in Asia to overcome the subscription crisis

Netflix takes a look at Asia after experiencing a shocking decline in Q1. The company still aims to grow in the area of ​​subscriber connection. A

Netflix takes a look at Asia after experiencing a shocking decline in Q1. The company still aims to grow in the area of ​​subscriber connection. Analysts expect the company to recover about 6.8 million active members in the second half of the year. Netflix consumers in Asia are the cheapest. This means that you need more subscriptions to earn money. Asia Pacific members average income fell 5% to $ 9.21 per month. Sales growth was the slowest since 2017 when records began. Read More..

B2B Tech News | 2 years ago        

European Union to Hold 33% of the Caviar Market

The size of the caviar market will increase by $ 498.45 million between 2020 and 2025, according to the latest market report from Technavio. 33% of th

The size of the caviar market will increase by $ 498.45 million between 2020 and 2025, according to the latest market report from Technavio. 33% of the market growth will come from Europe during the forecast period. The Russian Federation and Italy are the main markets for caviar in Europe. The relatively low price of inorganic caviar compared to that of organic caviar stimulates the sale of the products on the market. Caviar market by product, distribution channel, and geographical area forecasts and analyzes 20212025. Market growth in this region will be faster than market growth in North American, MEA, and South American regions. Read More..

B2B Tech News | 2 years ago        

JPMorgan and Citigroup maintain their dividend as competitors like Morgan Stanley increase payouts

JPMorgan Chase and Citigroup said Monday that increasingly stringent capital requirements have forced companies to leave dividends unchanged. Bank of

JPMorgan Chase and Citigroup said Monday that increasingly stringent capital requirements have forced companies to leave dividends unchanged. Bank of America, Morgan Stanley, and Wells Fargo all announced bumps to their quarterly payouts. Goldman Sachs appeared to have one of the larger dividend increases, a 25% bump to $2.50 per share. Shares of Bank of America, Citigroup, and Wells Fargo were unchanged. Morgan Stanley rose 3.3%, and Goldman gained 1.7%. Read More..

B2B Tech News | 2 years ago        

As part of a reorganisation plan, UiPath will reduce its employment by 5%

UiPath will cut roughly 5% of its total workforce as part of a restructuring plan, according to a new SEC filing. Most of the layoffs are scheduled to

UiPath will cut roughly 5% of its total workforce as part of a restructuring plan, according to a new SEC filing. Most of the layoffs are scheduled to take place by the end of July. The companys board approved the decision to reduce headcount, citing the need to increase profits. Shares of UiPath were off about 1% in midday trading on Monday and are down about 49% year to date. The company estimates that it will spend $ 15 million under this plan, primarily to pay employee severance pay and compensation benefits. But shares are up about 23% for the month after the company reported fiscal firstquarter earnings on June 1. Read More..

B2B Tech News | 2 years ago        

Rand Merchant Bank pledges to support Nigeria in trade facilitation

The government of Nigeria has received a commitment from Rand Merchant Bank to work with it to make the nation a trading hub for the continent. At a r

The government of Nigeria has received a commitment from Rand Merchant Bank to work with it to make the nation a trading hub for the continent. At a recent panel with the theme implementing a 21stcentury trade economy The challenge of transforming Nigeria into Africas business hub, Taiwo Shote, CoHead, Banking, Rand Merchant Bank Nigeria, said this. One of the programs developed in response to the effects of the COVID19 pandemic on export businesses is the Export Expansion Facility Program EEFP. The BOI was appointed as the custodian of the N50 billion Export Development Fund, which was established by the Nigerian Export Promotion Council. Read More..

B2B Tech News | 2 years ago        

The G7 looks into energy price caps

The G7 summit in Germany has been overshadowed by fears of a recessioninduced by rising inflation. Leaders will explore the feasibility of introducing

The G7 summit in Germany has been overshadowed by fears of a recessioninduced by rising inflation. Leaders will explore the feasibility of introducing price caps on imports of energy. Emmanuel Macron called for higher global oil production, including from Venezuela and Iran. The leaders also condemned Russias attack on a shopping mall in the Ukrainian city of Kremenchuk. Ukraines president described the missile strike as a war crime. Read More..

B2B Tech News | 2 years ago        

Ofi is collaborating with GEA to expand instant coffee production in Brazil

GEA has started installing a production facility to produce two complete lines of instant coffee for Olam food ingredients OFI. The new plant is being

GEA has started installing a production facility to produce two complete lines of instant coffee for Olam food ingredients OFI. The new plant is being built in Espírito Santo, Brazil, a conilon beanproducing region. Conilon coffee beans are similar to robusta, which is bitter and mainly utilized in espresso and instant coffee production. The GEA Skills Center in Denmark will offer its own caramel extraction system for the production of highefficiency coffee. Read More..

B2B Tech News | 2 years ago        

Bangladesh Technology Startup Raises $ 63 Million to Fund B4 Series

Bangladesh ShopUp will raise another $ 62.89 million from Valar Ventures and Flourish Ventures to fund its B4 series. According to a request filed wit

Bangladesh ShopUp will raise another $ 62.89 million from Valar Ventures and Flourish Ventures to fund its B4 series. According to a request filed with the Singapore Accounting and Corporate Regulatory Authority ACRA, the shares will be issued for approximately $ 56 each. DealStreetAsia reports that, for the first time since the September 2021 Serie B tournament, the startup completed its $ 34 million upgrade round in Serie B in January this year. Sequoia Capital India and Flourish Ventures ran the ShopUp A series for $ 22.5 million. 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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