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Greystar’s South Melbourne Development Breaks Ground

Twitter  to LinkedIn Greystar Real Estate Partners, a global property developer, has officially begun building on a $500 million project in South Mel

Twitter  to LinkedIn Greystar Real Estate Partners, a global property developer, has officially begun building on a $500 million project in South Melbourne, which is projected to become one of Australias largest buildtorent BTR complexes. The flats, which will be powered entirely by renewable energy, will be erected over three buildings and will house up to 1,500 people. "The Greystar team is ecstatic to have accomplished this critical milestone for the Gladstone Street project and to be celebrating with an official groundbreaking ceremony," Greystar managing director Australia Chris Key said. Melbournes rental market has recovered to prepandemic levels, with vacancy rates falling drastically to 1.3% from a peak of 5.2% in December 2020. Read More..

B2B Tech News | 2 years ago          

Wasabi Technologies expands its APAC leadership with a country manager for Southeast Asia.

Wasabi, a provider of cloud storage, has helped to meet Southeast Asias rising demand for highperformance, costeffective cloud storage. To assist part

Wasabi, a provider of cloud storage, has helped to meet Southeast Asias rising demand for highperformance, costeffective cloud storage. To assist partners and customers in Southeast Asia in accelerating their digital transformation projects, Sunny Chua joins Wasabi as a national manager. Chua provides a wealth of company development knowledge and more than 20 years of experience in the technology sector. Wasabi offers organisations all over the world quick, inexpensive, and highly dependable cloud data storage at a fraction of the expense of huge hyperscale providers or onpremises storage. After securing $250 million in fresh funding, Wasabi recently attained unicorn status. With revenues more than doubling from 2020 to 2021, the company has experienced phenomenal growth in the cloud storage sector. Read More..

B2B Tech News | 2 years ago          

Luwjistik, a Singaporean logistics business, is purchased by Shippit for $18 million.

The purchase of Luwjistik for $18 million has been announced by logistics technology company Shippit. The change was made shortly after the business a

The purchase of Luwjistik for $18 million has been announced by logistics technology company Shippit. The change was made shortly after the business acquired the lastmile logistics technology platform Premonition. The $65 million Series B2 capital raising that came before it supported businesses in SEA. A seed round led by East Ventures and including MDIArise Finchs and Global Founders Capital netted Lauwjistik US$1.1 million. The firm collaborates with carriers including Ninja Van, J&T Express, and JNE Express and has more than 100 network partners spread over 18 nations. Read More..

B2B Tech News | 2 years ago          

Taiwan shares fell more than 4% in Asian mixed trade as TSMC fell 8%

As investors considered how new U.S. regulations would affect chipmaker TSMC, Taiwans benchmark index dropped by 4.35%. The largest MSCI index of Asia

As investors considered how new U.S. regulations would affect chipmaker TSMC, Taiwans benchmark index dropped by 4.35%. The largest MSCI index of AsiaPacific shares outside of Japan decreased by about 2%. The Kospi dropped 1.83% to 2,192.07 in South Korea, and the Kosdaq dropped 4.15% to 669.50. Read More..

B2B Tech News | 2 years ago          

Russias Seaborne Oil shipments to Europe Have Slid 60% Since the War in Ukraine began

For the four weeks ended October 7, crude shipments from Russia to Europe averaged 630,000 barrels per day. The most recent round of EU sanctions forb

For the four weeks ended October 7, crude shipments from Russia to Europe averaged 630,000 barrels per day. The most recent round of EU sanctions forbids the transportation of any Russian crude oil on EU vessels. As the Ukraine crisis enters its ninth month, the decision will make it extremely difficult for Russia to shift crude to other purchasers and threatens a significant source of income for Moscow. Read More..

B2B Tech News | 2 years ago          

Stears raises $3.3M, backed by Mac VC and Serena Ventures

A $3.3 million seed round headed by MaC Venture Capital is being announced by Stears. The business received $650,000 in preseed capital two years ago.

A $3.3 million seed round headed by MaC Venture Capital is being announced by Stears. The business received $650,000 in preseed capital two years ago. It was one of the 60 startups approved for the 2022 cohort of the Google for Startups Black Founders Fund. In the past year, Stears user base has doubled, growing at a rate of about 6.5% month over month. The business is collaborating with financial and international development organisations to create exclusive, proprietary datasets that are unique. Read More..

B2B Tech News | 2 years ago          

Coinbase Gets Regulator Approval in Singapore

The value of the share block that will be reserved is now at 4 billion euros $3.9 billion. At the end of June, Nissan had 1.47 trillion yen $10.1 bill

The value of the share block that will be reserved is now at 4 billion euros $3.9 billion. At the end of June, Nissan had 1.47 trillion yen $10.1 billion in cash and cash equivalents, giving them plenty of room to invest in Renaults EV venture. Read More..

B2B Tech News | 2 years ago          

Shares of GM and Ford drop after UBS downgrade due to expectations of falling demand

The shares of GM and Ford are each down roughly 45% so far this year. A little under $50 billion is the market valuation of both corporations. Ford is

The shares of GM and Ford are each down roughly 45% so far this year. A little under $50 billion is the market valuation of both corporations. Ford is downgraded from "neutral" to "sell," and GM is downgraded from "buy" to "neutral." The investing company still favours GM over Ford due to the latters success with electric vehicles. 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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