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Japans Latest Unicorn is a mobile payment company in Thailand

Opn Co., former known as Omise, is one of only a few unicorn companies in Japan that creates software that enables merchants to accept payments throug

Opn Co., former known as Omise, is one of only a few unicorn companies in Japan that creates software that enables merchants to accept payments through their mobile or desktop websites. Thailand, where Jun Hasegawas cofounder Ezra Don Harinsut, 41, lives, is the companys biggest market. His company was working on making cryptocurrency payments easier at the time, and its OmiseGo tokens were worth more than $2 billion at one point. Despite increased competition in mobile payments, Hasegawa believes Opn has an advantage over competitors due to its years of experience in Southeast Asian markets and ability to adapt to complex local regulations. Read More..

B2B Tech News | 2 years ago        

Omio raises $80 million as travel demand recovers following the COVID19 issue.

Omio, the Berlinbased travel booking platform, saw 98% of its revenues evaporate overnight when COVID19 hit Europe back in Spring 2020. Today its repo

Omio, the Berlinbased travel booking platform, saw 98% of its revenues evaporate overnight when COVID19 hit Europe back in Spring 2020. Today its reporting revenues that have rebounded to more than double prepandemic levels. Its also announcing the close of an $80M Series E.Omio is not disclosing a valuation for its business at the latest raise but thats essentially a point of principle for Shaam. We dont comment on valuation ever he says Im building a business for the long term so Ive never really focused on that. Were getting more efficient with scale ,and as we grow, he tells us, you lose some efficiency ,and you have to catch up. When asked whether Omio is planning an IPO, CEO Shaam says its a little premature for such plans at present. It has ,been able to respond to growing concerns around climate goals and the need to shrink the travel sectors emissions. He says Omio has emerged as a stronger leaner and more missioncommitted company as a result of what he calls hard moments. Read More..

B2B Tech News | 2 years ago        

Tokens.com announces an exclusive gaming partnership with the Democratic Republic of the Congo

Token.com Corp. NEO Exchange Canada COINFrankfurt Stock Exchange 76M OTCQB US SMURF is pleased to share that its subsidiary, Hulk Labs, has entered in

Token.com Corp. NEO Exchange Canada COINFrankfurt Stock Exchange 76M OTCQB US SMURF is pleased to share that its subsidiary, Hulk Labs, has entered into a playtoearn partnership with the Democratic Republic of Congo. Tokens.com and Hulk Labs work with several local companies and universities in the DRC to find and train players. The DRC government will support the initiative by providing highquality internet access and other local resources to support the Hulk Lab and Player ecosystem. Read More..

B2B Tech News | 2 years ago        

In 2021, the number of foreign employees in the public sector will increase by 43.9%.

The Central Agency for Public Mobilisation and Statistics had issued on Monday its Annual Bulletin for Foreign Employees in Governmental & Public/Publ

The Central Agency for Public Mobilisation and Statistics had issued on Monday its Annual Bulletin for Foreign Employees in Governmental & Public/Public Business Sectors for the year 2021. European countries are responsible for most of the total foreign labor force in the government sectors. Egypt saw an increase of 43.9%, affected by the recovery from the coronavirus pandemic and increased national projects. Next comes nonArab Asian expats at 418 24.8%, while countries of Oceania — Australia, New Zealand, New Guinea — represent the lowest numbers, recording 49 foreigners only 2.9%. Read More..

B2B Tech News | 2 years ago        

As India lags Elon Musk, Indonesia dives to seize Teslas manufacturing opportunities

Indonesia is attempting to persuade Elon Musk to locate Teslas manufacturing facilities in the country. President Joko Widodo of Indonesia has stated

Indonesia is attempting to persuade Elon Musk to locate Teslas manufacturing facilities in the country. President Joko Widodo of Indonesia has stated that the government is in talks with Tesla, Ford, and other car companies about establishing facilities. After US President Joe Biden hosted a summit for Southeast Asian leaders in May, Widodo met with Tesla CEO Elon Musk. Due to difficult business conditions and tax issues, Tesla and Ford have scaled back their expansion plans in India. Read More..

B2B Tech News | 2 years ago        

The Saudi Alhokair family will acquire 4.99% of the capital of valU. In Cairo

ValU, MENAs leading BuyNow, PayLater BNPL platform, announced Monday that Saudi Alhokair Family signed an agreement to acquire a 4.99% stake in valU t

ValU, MENAs leading BuyNow, PayLater BNPL platform, announced Monday that Saudi Alhokair Family signed an agreement to acquire a 4.99% stake in valU through a capital injection of $12.4m. The transaction puts valU, the largest BNPL provider in Egypt, at USD 247.4 million valuations. ValU entered the Saudi Arabian market last week through FAS Finance, a joint venture with FAS Labs. The companys CEO Walid Hassouna, says the move shows investors interest in the NBFI space in Egypt and the rest of the region. Last month, EFG Hermes Holding and Amazon entered into an option agreement whereby Amazon agreed to acquire $10m in the ecommerce giants GDRs. Read More..

B2B Tech News | 2 years ago        

The US head of the Central Bank says inflation will not fall below 2% of the plan in two years

Cleveland Federal Reserve Bank President Loretta Mester says it will take two years for inflation to fall to the central banks 2% target. Mester said

Cleveland Federal Reserve Bank President Loretta Mester says it will take two years for inflation to fall to the central banks 2% target. Mester said the slowdown did not lead to a recession. Inflation is at its highest level in 40 years and has made hawks of nearly all Fed policymakers. They do have growth slowing to a little bit belowtrend growth, and the US has the unemployment rate moving up. A year ago, most policymakers thought the rate would need to stay near zero until 2023. Read More..

B2B Tech News | 2 years ago        

New Chinese smartphone manufacturer succeeds in competitive India

Realme has emerged as a force in the lucrative but treacherous Indian market. Only Samsung Electronics and Xiaomi Corp. sold more devices in India in

Realme has emerged as a force in the lucrative but treacherous Indian market. Only Samsung Electronics and Xiaomi Corp. sold more devices in India in the last quarter. Realme is helping India bring new users online with its Android smartphones which can cost under $ 100. Realme holds 16% of the Indian smartphone market by shipping volumes, up from 11% a year earlier. According to Counterpoint, it was the only vendor to post doubledigit growth over the past year, while rivals declined. Realme opened its first global flagship store in Modis home state of Gujarat this 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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