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Algerian super app Yassir raises $150M in Series B funding

A multisided marketplace called Yassir provides ondemand services like banking, food and grocery delivery, ridehailing, and more. Over 8 million peopl

A multisided marketplace called Yassir provides ondemand services like banking, food and grocery delivery, ridehailing, and more. Over 8 million people use the company, which has operations in six nations and 45 cities. Yassir wants to contact more people in the area. Abdelhamid Noureddine, a Stanford PhD and native of Algeria who created Yassir, lived in Silicon Valley for more than 15 years before going back to his native country. According to Daegwon Chae, general partner at BOND, the app has already proven crucial to users for important elements of their lives. Read More..

B2B Tech News | 2 years ago          

Census data shows the full extent of interstate migration to the QLD

In the five years prior to the 2021 Census, Queensland saw a population increase of over 100,000. The net gain is around 2% of the total population of

In the five years prior to the 2021 Census, Queensland saw a population increase of over 100,000. The net gain is around 2% of the total population of the state. More than 102,000 people left New South Wales for other states or territories, which resulted in the biggest net loss. There was a net loss of 160,100 residents from Australias capital cities throughout the five years leading up to 2021. The majority 87% of those who did move did so within the same state. The least likely to have relocated were those employed in the cattle or toolmaking industries. Read More..

B2B Tech News | 2 years ago          

BigPay chooses TripleA for the new cryptographic functionality

Users can now convert cryptocurrency assets into cash using the latters debit cards thanks to a partnership between Capital As fintech division BigPay

Users can now convert cryptocurrency assets into cash using the latters debit cards thanks to a partnership between Capital As fintech division BigPay and the cryptocurrency payment gateway TripleA. Currently accepting Bitcoin, Ethereum, USD Coin, and Tether, the service known as Crypto topup has ambitions to soon broaden its selection. In Q3, BigPays user base increased to over 1.2 million, a 48% and 4% rise year over year and quarter over quarter, respectively. Read More..

B2B Tech News | 2 years ago          

Wall Street Journal Meta plans significant layoffs

According to the Wall Street Journal, Facebookparent Meta is considering its first large layoffs. Thousands of people are anticipated to lose their jo

According to the Wall Street Journal, Facebookparent Meta is considering its first large layoffs. Thousands of people are anticipated to lose their jobs, which could begin as soon as this week. Meta announced its second quarterly revenue loss and profit reduced in half from the previous year last month. Read More..

B2B Tech News | 2 years ago          

AIF 2022 closes cautious optimism and billions of investments

The African Development Bank AfDB and its partners were successful in attracting $31 billion in investment interest from African and worldwide investo

The African Development Bank AfDB and its partners were successful in attracting $31 billion in investment interest from African and worldwide investors. With a total investment interest of $63.8 billion in 2022, the forum has more than doubled its capital mobilisation. Its an entirely different approach to doing business in Africa, AfDB President Dr. Akinwumi Adesina adds. The AIF expedition took place in a stressful business climate, as the continent is still reeling from the effects of the present economic crisis. Read More..

B2B Tech News | 2 years ago          

Qantas sells stake in Helloworld for $33 million

Helloworlds remaining 12.4% interest in Qantas Group was sold for about $33 million. The shares were sold for $1.72 per share, with the transaction be

Helloworlds remaining 12.4% interest in Qantas Group was sold for about $33 million. The shares were sold for $1.72 per share, with the transaction being recorded in Qantas FY23 records. This comes after COVID19 cost the airline over $7 billion in accumulated damages. Read More..

B2B Tech News | 2 years ago          

SG Health Tech Company Receives $28 Million PreSeries B Syringe

Serene Cai and Shravan Verma created Speedoc in 2017 and raised US$28 million in a preseries B financing. Bertelsmann Investments, Shinhan Venture Inv

Serene Cai and Shravan Verma created Speedoc in 2017 and raised US$28 million in a preseries B financing. Bertelsmann Investments, Shinhan Venture Investment, Mars Growth, and Vertex Ventures Southeast Asia & India are among the investors. The cash will be used to build virtual hospitals throughout Southeast Asia. Serene Cai and Shravan Verma founded Speedoc in 2017 to provide techenabled, omnichannel healthcare services, including telehealth consultations, onsite doctor and nurse visits, virtual hospital wards, and ambulancehailing services. The company is headquartered in Singapore and has offices in eight cities throughout Malaysia. Read More..

B2B Tech News | 2 years ago          

Medallion takes home double awards at the top of the African digital economy

Medallion Data Centre, West Africas leading provider of data centre services, was named West Africas Most Connected Data Center and Data Centre Icon a

Medallion Data Centre, West Africas leading provider of data centre services, was named West Africas Most Connected Data Center and Data Centre Icon at the recent 7th Africa Digital Economy Summit & Awards in Ghana. Medallion Data Center received the awards in recognition of its efforts to strengthen West Africas digital infrastructure and empower African businesses by providing access to quality cloud services for a sustainable digital economy. 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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