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South Koreas economy has exceeded growth forecasts

The Korean economy grew 0.7 percent between April and June, up from 0.6 percent in the previous quarter.The biggest surprise was definitely the strong

The Korean economy grew 0.7 percent between April and June, up from 0.6 percent in the previous quarter.The biggest surprise was definitely the strongerthanexpected consumption, CEO Kang said.Mainly because of the reopening,he said. And we expect consumer purchasing power to weaken going forward as fasterthanexpected interest rate increases put significant pressure on debt repayment and consumer spending, and inflation is expected to accelerate this quarter.The war in Ukraine. The easing of social distancing measures has drastically reduced exports and business investment. Read More..

B2B Tech News | 2 years ago          

Cartona, an Egyptian B2B platform, raises $12 million to fund growth

Cartona, a B2B trade market platform, has declared the successful closing of its $12m Series A fundraise. The round was led by Silicon Badia – the v

Cartona, a B2B trade market platform, has declared the successful closing of its $12m Series A fundraise. The round was led by Silicon Badia – the venture capital firm investing in global technology entrepreneurs, with active participation from existing investors. Proceeds will be utilized as turbocharge Cartonas expansion across Egypt – to cover all governorates, grow its product, technology, and services – and explore new verticals beyond FMCG. Silicon Badia has raised $8.5m in Series A funding for Cartona, the first investment of SANAD ESF II in Egypt, continuing the success of ESF I investments made in the country. By providing both financing and software tailored to the market, Cartonas digital platform is supporting innovative MSME retailers across Egypt. There are over 400,000 shops and thousands of international and local brands across Egypt, with the sector growing annually by 8 percent. Read More..

B2B Tech News | 2 years ago          

Microsoft partners with nonprofit Generation Australia to boost tech industry with diverse new talent

Generation Australia is the local arm of the global nonprofit organization Generation. Its mission is to help build careers for people who are unemplo

Generation Australia is the local arm of the global nonprofit organization Generation. Its mission is to help build careers for people who are unemployed, underemployed, or need to upskill or crossskill.To reach the goal of 1.2 million Australians working in technology jobs by 2030, the country will need to fill 653,000 new positions. Recruitees are typically people displaced by the pandemic or those who have worked in IT and were born overseas, are neurodivergent, career changers, or women who took career breaks. Suda is now an Application Development Analyst at the professional services company Accenture.As part of the program, Suda had access to a mentor and professional coaching. Read More..

B2B Tech News | 2 years ago          

Azarcosmos and Leaf Space partners for new ground station in Azerbaijan

As part of a new collaboration, Azercosmos and Leaf Space have announced the building of a ground station at Azercosmos primary ground control station

As part of a new collaboration, Azercosmos and Leaf Space have announced the building of a ground station at Azercosmos primary ground control station in Baku, Azerbaijan. This weeks announcement of a new 3.7meter S/Xband ground antenna will improve spacecraft communication and monitoring, including crucial data processing, transfer, telemetry, and intersatellite control. Venezuela congratulates GLONASS, a Russian satellite navigation system, on opening of its new ground station. As part of an agreement between the Russian Federation and the Bolivarian Republic of Venezuela that calls for cooperation in the peaceful exploration and use of space, the Russian agency Roscosmos has established the Unwanted Observatory BIS Read More..

B2B Tech News | 2 years ago          

Consumption tax for June is due on Friday, July 29

The Tax Administration Jamaica TAJ has reminded businesses that the June excise closes on Friday, July 29. This is in line with the requirement for ta

The Tax Administration Jamaica TAJ has reminded businesses that the June excise closes on Friday, July 29. This is in line with the requirement for taxpayers to submit excise tax returns each month and payments for the month following the end of the tax period. Taxpayers are advised that there are several payment options available online at www.jamaicatax.gov.jm. Read More..

B2B Tech News | 2 years ago          

German fintech Penta is acquired by French business banking firm Qonto

The combined company will have 300,000 customers and 900 employees as it looks to design the future of business banking. Penta has ambitions to be the

The combined company will have 300,000 customers and 900 employees as it looks to design the future of business banking. Penta has ambitions to be the finance solution of choice for one million European SMEs and freelancers by 2025. As well to France and Germany, the firm also has operations in Italy and Spain. Alexandre Prot, CEO of Qonto, says the firm has ambitions to be the finance solution of choice for one million European SMEs and freelancers by 2025. The company is looking to boost its presence in Germany having experienced strong traction in the country over 2021, with 170% yearonyear customer growth. Read More..

B2B Tech News | 2 years ago          

Saudi Arabias Prosperity7 is the driving force behind Jaka Roboticss global effort.

Jaka Robotics, a Chinese startup that produces collaborative robots, has just withdrawn a financial round of the D series of over $ 150 million. The r

Jaka Robotics, a Chinese startup that produces collaborative robots, has just withdrawn a financial round of the D series of over $ 150 million. The round is led by Singapores sovereign wealth fund Temasek, TrueLight Capital, and Prosperity7 Ventures, which is an investment subsidiary of Saudi Arabias state oil firm Aramco. The companys cofounder and chief executive Cai Yingfang couldnt disclose its financials but said the companys growth has been very impressive. Overseas businesses account for a material portion of Jakas revenues and are expected to reach a 50% share in the long term. Being relatively new to China is not a disadvantage for Prosperity7, Cai said, as his investment firm seeks opportunities in disruptive technology such as industrial Internet Chinese term for using advanced technologies such as smart sensors to increase productivity in industrial production. improve robots and medical technology. Read More..

B2B Tech News | 2 years ago          

Food production Minister, stakeholders support implementation of Juncao technology

According to reports, the trio of mushroom production, land reclamation, and fodder production has demonstrated the effectiveness of Juncao technology

According to reports, the trio of mushroom production, land reclamation, and fodder production has demonstrated the effectiveness of Juncao technology. In his remarks at a national workshop, Dr. Mohammed Abubakar, the Minister of Agriculture and Rural Development, reaffirmed the technologys effectiveness. According to Amson Sibanda, a representative of Juncao in Nigeria, claimed that according to World Bank data, the global agriculture market is close to $8 trillion. Domesticating Juncao technology will advance agrobusinesses, improve nutrition, and quell youth unrest while also generating hundreds of direct and indirect jobs. 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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