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PepsiCo is buying a $550 million stake in energy drink maker Celsius

PepsiCo announced Monday it will invest $550 million in energy drink maker Celsius Holdings. This investment is part of a longterm distribution agreem

PepsiCo announced Monday it will invest $550 million in energy drink maker Celsius Holdings. This investment is part of a longterm distribution agreement with a small company. Celcius recently surpassed Monster Drink to become the most popular energy drink in America. The company reported strong growth in energy drinks during the pandemic. Share in the Energy Drinks category. Pepsi previously bet on Vital Pharmaceuticals Bang Energy, another fastgrowing company, through an exclusive distribution deal. However, relations quickly deteriorated, leading to a court battle that ended in Pepsis favor. Read More..

B2B Tech News | 3 years ago        

Metaverse Financial Market Growth of 32% occurred in North America

From 2021 to 2026, it is anticipated that the metaverses market share in finance will rise to USD 50.37 billion. During the forecast period, North Ame

From 2021 to 2026, it is anticipated that the metaverses market share in finance will rise to USD 50.37 billion. During the forecast period, North America will account for 32% of market growth. The metaverse platform can be accessed through a variety of headsets, smart glasses, and lenses. A camera is used in the virtual reality VR experience to change or improve the users perception of a virtual world, such as a metaverse. Read More..

B2B Tech News | 3 years ago        

German Nuclear Plants Could Operate Throughout the Winter, According to a Lobby Group

All three plants can generate electricity until the spring in what is known as stretch mode, which allows them to operate at reduced capacity. Thus, t

All three plants can generate electricity until the spring in what is known as stretch mode, which allows them to operate at reduced capacity. Thus, they do not require new sources of fuel and can replace scarce natural gas. This option could force German policymakers to extend the life of the units, as the energy crisis could worsen due to increased winter demand. Germany was poised to phase out nuclear power entirely after passing a bill in 2000 linking the end of nuclear power to an increase in the use of renewable fuels. The countrys commitment to phase out nuclear power is so strong that politicians have prioritized increasing dirty coal capacity over any commitment to nuclear power, even after Russia curbed natural gas supplies. A shortterm extension could provide more electricity this winter, but could pave the way for longerterm operations. Read More..

B2B Tech News | 3 years ago        

Container Market Size Tracking and Analysis | The innovation aims to plan business growth until 2031

The Container Monitoring report contains data based on primary and secondary studies using proven research methods. Growth analysis of the Container M

The Container Monitoring report contains data based on primary and secondary studies using proven research methods. Growth analysis of the Container Monitoring market is also included, which includes Porters Five Factors analysis and supply chain analysis. The report has been prepared by considering various aspects of market research and analysis, including market size estimation, market dynamics, best practices for companies and markets, and economic forecasts. The report provides a practical overview of the global market and its changing landscape to enable readers to make informed decisions on market projects. It focuses on growth opportunities that allow the market to expand its business in existing markets. The report provides key market information including market size, growth rate, and forecast in key regions and countries as well as growth opportunities in niche markets. Read More..

B2B Tech News | 3 years ago        

Emitrr raises $4 million to increase the automation services it provides to small businesses.

Emitrr, founded by Anmol Oberoi and Pulkit Gambhir in December 2020, claims that over 150 local businesses in the U.S. use its platform. Aiming at the

Emitrr, founded by Anmol Oberoi and Pulkit Gambhir in December 2020, claims that over 150 local businesses in the U.S. use its platform. Aiming at the global market, the Delaware startup has no customers in India but has a team of 25 people. Oberoi said that Emitrr has so far built seven to eight different automation models that work over the short messaging service SMS.The companys cofounder Oberoi told that while its targeting healthcare and home services heavily, it has started getting customers from real estate, salons, restaurants and other different verticals.The company also complies with the Health Insurance Portability and Accountability Act of 1996 HIPAA to protect sensitive patient health information. The company plans to double down on its gotomarket motion and expand its range of solutions for small businesses. Read More..

B2B Tech News | 3 years ago        

Zomato reduces its losses as food orders increase

Zomato reduced its reconciliation costs compared to last quarter due to an increase in food orders and an increase in returning customers. The company

Zomato reduced its reconciliation costs compared to last quarter due to an increase in food orders and an increase in returning customers. The company trimmed its adjusted EBITDA from $27.9 million in Q1 2023 to Rs 1.5 billion $19 million in Q1 2023. the previous quarter. The firms adjusted revenue for the quarter stood at US$229.3 million, up from US$146.9 million a year ago, driven by strong growth in its food delivery business. Zomato is set to acquire quick commerce firm Blinkit for US$570 million in an allstock deal, with the transaction expected to close in August. Read More..

B2B Tech News | 3 years ago        

Australian AI Star Appen Reports FirstHalf Loss, Stock Drops

Australias Appen Ltd warned of its first halfyear loss since listing in 2015, sending shares down 29%. The company runs artificial intelligence traini

Australias Appen Ltd warned of its first halfyear loss since listing in 2015, sending shares down 29%. The company runs artificial intelligence training for Facebook, Google, and Amazon. New privacy features in Apple products have reduced the ability of big advertisers including Facebook, to target users. Shares in Canadas Appen fell as much as 29% after the artificial intelligence firm warned of a lowerthanexpected sixmonth profit. The company said it now expects a net loss of $3.8 million in the six months ended June. Visibility of earnings has historically been low and in this environment of weakening global ad spend, it seems likely that visibility has taken a step down, analysts at Jefferies said. Read More..

B2B Tech News | 3 years ago        

Oui Capital, a panAfrican early stage venture capital firm, closes its first second round of funding of $30 million

Oui Capital, a VC firm with importance in Africa with offices in Massachusetts and Lagos, announced today that the first closing of its $30 million se

Oui Capital, a VC firm with importance in Africa with offices in Massachusetts and Lagos, announced today that the first closing of its $30 million second fund had been completed. Eight investments were made by Oui Capital in the previous year, and the company intends to maintain that pace with the launch of this second fund. The company has already completed its first close, which was a little over $11 million, and anticipates finishing the last close by Q4 2022. One of Africas biggest fintech companies is TeamApt in revenue and market cap. When Oui Capital purchased TeamApt Read More..

B2B Tech News | 3 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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