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Investors interest is shifting from China to Southeast Asia

venture capital funds focused on geographical region and India have raised $3.1 billion to date in 2022, already approaching the $3.5 billion they rai

venture capital funds focused on geographical region and India have raised $3.1 billion to date in 2022, already approaching the $3.5 billion they raised all of last year, in keeping with the information by the research company Previn. In comparison, fundraising by China-focused venture capitalists has fallen sharply from $27.2 billion in 2021 to only $2.1 billion, Wataru said. In April, Indias Elevation Capital announced it had raised its largest fund ever at $670 million, Nikkei Asia reported. Beijing banned for-profit tutoring last year, crippling the business models of online education companies, many of which were backed by foreign working capital firms. the chief added that funds focused on India and geographic region are quickly oversubscribed because the working capital market continues to be much smaller than Chinas. Read More..

B2B Tech News | 2 years ago        

The United States has said it will push for additional sanctions on North Korea if it conducts a new nuclear test explosion

The United States has stated itll push for added sanctions on North Korea if it conducts a brand new nuclear check explosion. US, South Korean and Jap

The United States has stated itll push for added sanctions on North Korea if it conducts a brand new nuclear check explosion. US, South Korean and Japanese officers have stated North Korea ought to quickly behavior its first nuclear check in almost 5 years. On Thursday, China and Russia vetoed a UN decision subsidized through america that could have imposed hard new sanctions on North Korea for a spate of launches of intercontinental ballistic missiles that may be used to supply nuclear warheads. We honestly will, she stated. A united Security Council imposed sanctions after North Koreas first nuclear check explosion in 2006 and tightened them over time in a complete of 10 resolutions looking for up to now unsuccessfully to rein in its nuclear and ballistic missile packages through reducing its reassets of revenue. Read More..

B2B Tech News | 2 years ago        

By 2030, a change to digital IDs might boost the Nigerian economy by 7% in terms of real GDP.

A change to digital IDs might boost the Nigerian economy by 7% in terms of real GDP by 2030. This was one of the conclusions of a new analysis on Nige

A change to digital IDs might boost the Nigerian economy by 7% in terms of real GDP by 2030. This was one of the conclusions of a new analysis on Nigerias digital identification and eKYC businesses, titled The State of the Industry in Nigeria for Digital ID. The digital economy (information technology sector) generated around 18 percent of GDP in the second quarter of 2021, according to the report. Digital identification has the potential to generate greater social and financial inclusion around the world, said Robin Miller, Partner and Global Digital & Data Practice Lead at Dalberg Advisors. This is especially true in nations like Nigeria, which are quickly digitising and innovating. Read More..

B2B Tech News | 2 years ago        

LATIN AMERICAS UNICORNS FACE AN ESTIMATION AS VCs FLEE RISK

Startups primarily based there raised $16.3 billion last year—more than the whole preceding decade—making the region the worlds fastest-growing fo

Startups primarily based there raised $16.3 billion last year—more than the whole preceding decade—making the region the worlds fastest-growing for venture funding. each unemployed concerning a hundred and fifty folks in Gregorian calendar month, in keeping with the businesses. Their businesses, whereas still growing, square measure notably at risk of Brazils benchmark charge per unit stormy to eleven.75% from 2.75% over the past year. And Ebanx Sturmarbeiteilung, a payments firm, and Hotmart BV, a platform for on-line businesses, have each deferred plans to travel public within the half of 2022, in keeping with folks aware of the matter World Health Organization asked to not be known as a result of the discussions square measure personal. Read More..

B2B Tech News | 2 years ago        

COMMMEX TECHNOLOGY IS FINED Rs10.25 CRORE BY SEBI FOR MANUPULATING GDR

Capital markets regulator Sebi on Tues obligatory a penalty of Rs ten.25 large integer on Commex Technology. The penalty relates to manipulation of GD

Capital markets regulator Sebi on Tues obligatory a penalty of Rs ten.25 large integer on Commex Technology. The penalty relates to manipulation of GDR (Global facility Receipts) issued by the corporate. additionally, Sebi levied a fine of Rs five 100000 every on Adi Cooper and Kishor Hegde within the matter. Regulator Sebi has issued AN order against four persons for alleged irregularities within the GDRs issued by Edserv. The investigation, clear, disclosed that Edserv had issued one.60 million GDRS amounting to USD twenty three.89 million in August 2011 such as eight million equity shares and therefore the issue was signed by one entity -- Vintage FZE. Read More..

B2B Tech News | 2 years ago        

MIGRATION,INCREASED MOBILITY AND U.S ECONOMY

Immigration is a hot-button issue today, with many saying its a drain on the U.S. economy. Ran Abramitzky and Leah Boustan looked at decades of data t

Immigration is a hot-button issue today, with many saying its a drain on the U.S. economy. Ran Abramitzky and Leah Boustan looked at decades of data to understand the real impact that immigrants have on America. Their findings dispel several modern-day myths and suggest that corporate leaders need to push for more rational rhetoric and policies. Read More..

B2B Tech News | 2 years ago        

$165 million for a government office in Dandenong- Paid by Growthpoint

Sydney-based video testimonial package supplier Vouch has set its sights on fast workers enlisting when raising $8 million in an exceeding seed fundin

Sydney-based video testimonial package supplier Vouch has set its sights on fast workers enlisting when raising $8 million in an exceeding seed funding spherical crystal rectifier by US-based VC Stage two Capital and Australian firm OIF Ventures. Growth point Properties Australia (ASX: GOZ) is continuous to bolster its workplace portfolio when snatching up AN A-grade advanced in Dandenong for $165 million from Dandenong GSB. The acquisition of the fifteen,071sqm building – placed at 165-169 Thomas Street – are funded exploitation debt and increasing to the REITs business enterprise 2023 Funds From Operations (FFO). The majority 96. Constructed in 2011, the office block is found 30 km south-east of Melbourne and is well-positioned for transport and retail amenities because it is approximately four hundred meters from each the Dandenong terminus and regional shopping mall Dandenong Plaza. The acquisition comes when the state governments revitalizing Central Dandenong initiative at Read More..

B2B Tech News | 2 years ago        

Vouch, a video platform, plans to treble its workforce after raising $8 million.

Sydney-based video testimonial software system supplier Vouch has set its sights on fast workers enlisting when raising $8 million in a very seed fund

Sydney-based video testimonial software system supplier Vouch has set its sights on fast workers enlisting when raising $8 million in a very seed funding spherical crystal rectifier by US-based VC Stage two Capital and Australian firm OIF Ventures. Founded in 2021, Vouch lets users send one link to one or several respondents to record a testimonial or review. The Vouch Platform Vouch Platform whereas the platform is obtainable freed from charge, a paid subscription tier launched earlier this year permitting users to check in for $99 per month or $948 annually to unlock complete customization tools and unlimited videos. Since launching its paid service, Vouch says its revenue has adult one hundred pc month-on-month. 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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