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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Jaka Robotics, a Chinese startup that produces collaborative robots, has just withdrawn a financial round of the D series of over $ 150 million.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Jaka Robotics, a Chinese startup that produces collaborative robots, has just withdrawn a financial round of the D series of over $ 150 million.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 | 3 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 | 3 years ago          

Telstra has been named Microsofts preferred cloud partner in a 5year partnership

Telstra has selected Microsoft as its preferred cloud provider in a fiveyear partnership that will help the telco move 90% of its workloads to the pub

Telstra has selected Microsoft as its preferred cloud provider in a fiveyear partnership that will help the telco move 90% of its workloads to the public cloud by 2025. Microsoft will be the anchor tenant for its longhaul fiber network Telstras $1.6 billion high capacity to upgrade to 55 Tbps on some links. Our partnership combines Telstras leadership in network connectivity with the breadth and depth of Microsofts cloud, said Satya Nadella, chairman and CEO of Microsoft. Telstra CEO Andy Penn said Our strategic partnership with Microsoft is unprecedented in Australia and will help Australian businesses at a time when the need to digitize and transform their operations continues wonderfully. Read More..

B2B Tech News | 3 years ago          

Electric Bicycle EBike Market to Grow to USD 102.97 Billion by 2029 Based on Emerging Trends, Size, Trends, Business Strategies and Forecasts by 2029.

Global Electric Bicycle EBike Market Based on Data Bridge Market Researchs 350page database with over 100 market data tables, pie charts, graphs, and

Global Electric Bicycle EBike Market Based on Data Bridge Market Researchs 350page database with over 100 market data tables, pie charts, graphs, and figures, plus an easytounderstand detailed analysis. Analysis of vendors, geographical regions, types, and applications in the report has been done very carefully. According to Data Bridge Market Research, the global electric bicycle market was valued at USD 47 billion in 2021 and will reach USD 102.9 billion by 2029, growing at a CAGR of 10.30% during the forecast period 20222029. Read More..

B2B Tech News | 3 years ago          

Dassault Systèmes raises its annual After Sales Beat targets

French software maker Dassault Systemes raised its annual forecast on Tuesday after secondquarter revenue exceeded analysts expectations. The company

French software maker Dassault Systemes raised its annual forecast on Tuesday after secondquarter revenue exceeded analysts expectations. The company recorded an 11% increase in sales to 1.38 billion euros in constant currency for the AprilJune period. It now expects to report 2022 sales in a range of 5.49 billion to 5.54 billion euros $5.61 billion to $5.66 billion. The company said its industrial business was one of the main drivers for growth, with Catia, Enovia, and Delmia brands all delivering doubledigit growth. The group added it had a successful quarter in terms of hiring and investments ,with an 8% headcount growth yearonyear. Read More..

B2B Tech News | 3 years ago          

The private auction shows that Shein has lost $30 billion since April

Shein shareholders are considering cashing out ahead of the companys IPO, as the undisclosed offer in April was 30% less than its $100 billion valuati

Shein shareholders are considering cashing out ahead of the companys IPO, as the undisclosed offer in April was 30% less than its $100 billion valuation, according to Bloomberg. Slow growth and control over the Chinese fashion giants business could hurt valuations and IPO schedules. In a fundraising round earlier this year, Shane told existing investors that it plans to launch a U.S. IPO in early 2024. Shanes revenue growth has fallen to about 60% from $10 billion in 2020 to $16 billion in 2021. Meanwhile, the fastfashion business has been accused of damaging the environment, exploiting workers, and stealing copyrights. Read More..

B2B Tech News | 3 years ago          

Cryptocurrencies are booming across Africa

Cryptocurrencies have gained popularity in Africa and other developing countries. A significant proportion of the population in Kenya 8.5%, South Afri

Cryptocurrencies have gained popularity in Africa and other developing countries. A significant proportion of the population in Kenya 8.5%, South Africa 7.1%, and Nigeria 6.3% use this digital currency. In June, the Central African Republic accepted Bitcoin as a fiat currency. UNCTAD warns that the widespread use of unregulated digital currencies threatens the continents financial system. Crypto trading is considered a safe trading method. They require some technical knowledge and a certain level of complexity to understand. Cryptocurrencies have a history of volatility now experienced in the cryptocurrency market. It has harmed individual investors, especially those who do not understand these types of asset classes. Another main issue for African countries is the potential threat to their monetary sovereignty. Read More..

B2B Tech News | 3 years ago          

GPs advocate changing the illogical standards for authorising glucose monitors for people with diabetes

The National Diabetes Services Scheme NDSS does not allow GPs to authorize access to subsidized glucose monitors for patients with type 1 diabetes. Th

The National Diabetes Services Scheme NDSS does not allow GPs to authorize access to subsidized glucose monitors for patients with type 1 diabetes. The NDSS allows only doctors who manage diabetes as the main scope of their practice, and diabetes educators are authorized to certify patient access forms for subsidized monitors. Patients say they will be left out of pocket while they seek authorization from a diabetes specialist. The decision to exclude GPs from the authorized certifier group was based on expert advice from the Australian Diabetes Society and the Australian Diabetes Educators Association. The Royal Australian College of General Practitioners RACGP has called for GPs to be included in the list of health professionals authorized to certify access to the machines. Read More..

B2B Tech News | 3 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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