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Mobile premier league (MPL) will lay off 100 employees and quit Indonesia

In September 2021, MPL raised fresh finance at a valuation of$2.3 billion, led by Dubai- grounded Legatum Capital. The author also said that MPLs US b

In September 2021, MPL raised fresh finance at a valuation of$2.3 billion, led by Dubai- grounded Legatum Capital. The author also said that MPLs US business has turned net- profit positive within nine months of its launch. The incipiency was planning to use these finances to expand its business encyclopedically. Read More..

B2B Tech News | 3 years ago        

Meena Brands grows into United states,the middle east and other international market

Meena brand is working with 20 platforms and is planning to add more than 20. The company is aiming to grow its revenue rate to $3000 crores by next y

Meena brand is working with 20 platforms and is planning to add more than 20. The company is aiming to grow its revenue rate to $3000 crores by next year. founder and CEO of Mensa Amit Agrawal say the companys technology has helped it achieve scale with positive unit economics for its brand-buying and pricing services. Read More..

B2B Tech News | 3 years ago        

European VCs urge tech start-ups to reduce prices and expand the runway

Some of Europes Most worthy start-ups square measure scraping vital numbers of workers and drastically scaling back their growth plans. European ventu

Some of Europes Most worthy start-ups square measure scraping vital numbers of workers and drastically scaling back their growth plans. European venture capitalists square measure advising corporations to chop prices and freeze hiring as economists warn that another recession is inevitable. Their counterparts in geographic area do identical following a bumper 2021 that was filled with IPOs and mega funding rounds. Beyoncé is reportedly wanting to boost extra money at a considerably lower valuation of around $30 billion. Knowledge from VC analysis firm Pitch book shows that VCs square measure scaling back their investments to check however the economic climate develops. The steering for portfolio corporations from several VCs is to specialize in capital economic growth and aim to possess runway through 2024. Read More..

B2B Tech News | 3 years ago        

European VCs urge tech start-ups to reduce prices and expand the runway

Some of Europes Most worthy start-ups square measure scraping vital numbers of workers and drastically scaling back their growth plans. European ventu

Some of Europes Most worthy start-ups square measure scraping vital numbers of workers and drastically scaling back their growth plans. European venture capitalists square measure advising corporations to chop prices and freeze hiring as economists warn that another recession is inevitable. Their counterparts in geographic area do identical following a bumper 2021 that was filled with IPOs and mega funding rounds. Beyoncé is reportedly wanting to boost extra money at a considerably lower valuation of around $30 billion. Knowledge from VC analysis firm Pitch book shows that VCs square measure scaling back their investments to check however the economic climate develops. The steering for portfolio corporations from several VCs is to specialize in capital economic growth and aim to possess runway through 2024. Read More..

B2B Tech News | 3 years ago        

INDIAN WHEAT CONSIGNMENT REJECTED BY TURKEY

Turkish authorities have denied permission for an Indian wheat consignment over phytosanitary concerns. The ship MV Ince Akdeniz, loaded with 56,877 t

Turkish authorities have denied permission for an Indian wheat consignment over phytosanitary concerns. The ship MV Ince Akdeniz, loaded with 56,877 tonnes of durum wheat, is now headed back to Kandla port in Gujarat from Turkey. Global Commodity Insights from S&P: Turkeys decision comes at a time when international buyers have been looking to secure supplies of wheat. On May 13, the commerce ministry banned wheat exports as an intense heat wave hit output and domestic prices hit a record high. Soon after the announcement, at least 4,000 trucks carrying the food grain were stranded outside Deendayal Port at Kandla for want of permission from authorities to load them into vessels, port and industry officials said. Read More..

B2B Tech News | 3 years ago        

Misk and 500 Startups in Saudi Arabia have announced that their accelerator programme is now complete.

Saudi Arabias Misk Foundation and geographical area capital company five hundred Startups have declared that sixteen firms have completed the foremost

Saudi Arabias Misk Foundation and geographical area capital company five hundred Startups have declared that sixteen firms have completed the foremost recent spherical of a joint accelerator program, despite the challenges display by the coronavirus eruption. Sixteen start-ups from Asian nation, Egypt, the UAE, and Jordan completed the Misk500 Accelerator program. The businesses can currently participate during a virtual demo day that may be streamed on YouTube. Start-ups in Mena secured $277 million (Dh1 billion) in funding throughout the primary quarter of the year, in keeping with information platform Magnitt. Whereas funding hyperbolic marginally, the amount of deals within the 1st 3 months of this year fell twenty-two per cent to 108 because of the coronavirus eruption. Read More..

B2B Tech News | 3 years ago        

The Qatar Airways-Airbus paint job issue will be heard in court in 2023

A high-profile dispute between Qatar Airways and Airbus over the airworthiness of Europes newest long-haul jet is set to be decided in a UK court next

A high-profile dispute between Qatar Airways and Airbus over the airworthiness of Europes newest long-haul jet is set to be decided in a UK court next year. The two companies have been locked in a $1 billion dispute for 17 months after cracks in paintwork exposed gaps in an anti-lightning mesh beneath Qatari Airways A350 planes. A judge at Londons High Court has cleared the way for a trial next year, which could be a three-month trial. The plane maker has called it a maintenance issue and escalated the dispute by revoking a separate contract for smaller A321neo jets. Read More..

B2B Tech News | 3 years ago        

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 | 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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