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Indonesian company Blibli is seeking to raise $528m in a local IPO at a valuation of $3.5bn

Blibli, an Indonesian ecommerce company, plans to list locally on November 7 and generate 8.2 trillion rupiah about $528 million in the process. After

Blibli, an Indonesian ecommerce company, plans to list locally on November 7 and generate 8.2 trillion rupiah about $528 million in the process. After Bukalapak and GoTo Group, it is the third unicorn in Indonesia to list on the Indonesia Stock Exchange IDX. The company stated that it will pay its bank debt with about $355 million of the money it will raise from the IPO. Read More..

B2B Tech News | 2 years ago          

Treten Networks works with African data centers to access advanced cloud and infrastructure

A Cassava Technologies company called Africa Data Centres and Treten Networks have partnered. Through this partnership, Tretens clients will have acce

A Cassava Technologies company called Africa Data Centres and Treten Networks have partnered. Through this partnership, Tretens clients will have access to the infrastructure and cloud services they require to achieve their digital transformation objectives. Through this relationship, both businesses hope to address the business problems of their clients. Read More..

B2B Tech News | 2 years ago          

Russias Gazprom threatens to cut natural gas supplies to Europe if price caps are introduced

If price ceilings are implemented, the major Russian energy company Gazprom has threatened to stop exporting natural gas to the EU. Threats similar to

If price ceilings are implemented, the major Russian energy company Gazprom has threatened to stop exporting natural gas to the EU. Threats similar to those made by CEO Alexei Miller were also made by Russian President Vladimir Putin earlier this month. Russias economy is based on the energy sector, which accounts for onefifth of its GDP. Read More..

B2B Tech News | 2 years ago          

Everest reappoints a new A&H leader

Shawn Austin has been appointed senior vice president and director of accident and health for North America by Everest Re Group. Lou Monteagudo, who i

Shawn Austin has been appointed senior vice president and director of accident and health for North America by Everest Re Group. Lou Monteagudo, who is retiring in December, will be replaced by Austin. Austin oversaw AIGs North American A&H division prior to joining Everest. Additionally, he has held executive positions with Liberty Mutual. Read More..

B2B Tech News | 2 years ago          

Alpha JWC backs $2 million seed round from Indonesian agritech company

Agritech company Beleaf, with headquarters in Indonesia, has secured US$2 million in a seed fundraising round headed by Alpha JWC Ventures. Sembrani N

Agritech company Beleaf, with headquarters in Indonesia, has secured US$2 million in a seed fundraising round headed by Alpha JWC Ventures. Sembrani Nusantara Fund, which is run by BRI Ventures, and Arise, a joint fund from MDI Ventures and Finch Capital, also participated in the round. Amrit Lakhiani established Beleaf in 2019 as a company that sold produce grown in hydroponic farming systems. Read More..

B2B Tech News | 2 years ago          

Apple suspends plans to use Chinese YMTC chips under political pressure

Yangtze Memory Technologies Co. YMTC of Chinas memory chips would no longer be used in Apple products, according to the company. The move coincides wi

Yangtze Memory Technologies Co. YMTC of Chinas memory chips would no longer be used in Apple products, according to the company. The move coincides with the most recent round of export restrictions the US has imposed on Chinas electronics sector. The crackdown in Washington is causing the supply chain to become more sluggish. The Unverified List includes the 128layer memory chips from YMTC. Corporations on this list may not receive any designs, technologies, documents, or specifications from U.S. companies without a licence. Its possible that YMTC can no longer supply enough chips for Apple. Read More..

B2B Tech News | 2 years ago          

Fujitsu Establishes Partnership with Abacus Lottery Everywhere

The Abacus Lottery Service based on the Abacus Fusion Platform connects retailers, lottery, and gaming vendors, ensuring lottery can be played as seam

The Abacus Lottery Service based on the Abacus Fusion Platform connects retailers, lottery, and gaming vendors, ensuring lottery can be played as seamlessly as possible across all channels of a retailers point of sale solution. As part of Fujitsus S3 SelfService initiative USCAN is a modern and flexible software platform that operates on both Fujitsu and thirdparty SelfCheckout environments. It is a simplified suite of retail hardware and software technology. The collaboration with Fujitsu and their USCAN software allows us to offer vendors the Abacus handled lottery services in a simple and effective manner, saving retailers significant effort and time while allowing them to realise increased sales and a broader, more integrated way of selling lottery to their customers, said Simon Butler, CEO of Abacus. Read More..

B2B Tech News | 2 years ago          

Medibank confirms that no customer data was deleted in the ransomware attack attempt

This morning, private health insurer Medibank Group ASX MPL announced that no customer data were stolen from its network as a result of a data breach.

This morning, private health insurer Medibank Group ASX MPL announced that no customer data were stolen from its network as a result of a data breach. The business claims that last weeks strange activity was consistent with signs of impending ransomware. According to Medibanks CEO, investigations are still ongoing and there is no proof that client data has been deleted from the network. MyDeal, a Woolworths affiliate, revealed last week that a cybersecurity compromise had exposed the personal information of 2.2 million customers. Only the email addresses of 1.2 million clients were revealed. 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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