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Amazon says it prevented 4 billion bad listings in 2021

Amazon stopped over four billion dangerous listings from creating it onto its website last year. The Seattlebased ecommerce juggernaut conjointly saw

Amazon stopped over four billion dangerous listings from creating it onto its website last year. The Seattlebased ecommerce juggernaut conjointly saw a decrease in complaints of property infringement. Amazon has stepped up efforts to fight counterfeiters amid heightened scrutiny from brands and lawmakers. Amazon will not share knowledge that helps it sight and forestall phony product from occurrence on its website. The corporate giant says it spent over $900 million to keep at bay against fraud, and sued over 600 sellers for investigation within the U.S. and China last year Read More..

B2B Tech News | 2 years ago

Nike says to end run club app in China to provide localised resolution

The Nike Run Club app, which allows users to track their runs and challenge friends to compete, has more than 8 million users in China, the companys m

The Nike Run Club app, which allows users to track their runs and challenge friends to compete, has more than 8 million users in China, the companys most profitable market. Nike did not give a reason for the decision but a company spokesperson told Reuters that it plans to provide Chinese runners with a localised solution in the future. It has more than 8 million users in China, the companys most profitable market Read More..

B2B Tech News | 2 years ago

The Reserve Bank of India has issued steps for cooperative banks to improve credit flow to the housing sector.

The RBI has announced that the cooperative banks will be able to lend more for individual home loans. This will ensure better credit flow in the resid

The RBI has announced that the cooperative banks will be able to lend more for individual home loans. This will ensure better credit flow in the residential housing sector. The governor said that the move comes in the wake of rising residential housing prices. Rural cooperative banks can also extend financing to commercial real estateresidential housing projects. Read More..

B2B Tech News | 2 years ago

Bain Capital has raised $2 billion for a special situations fund in Asia.

Bain Capital has raised a $2 billion for its second AsiaPacific special situations fund. The Bostonbased private equity firm is likely to deploy betwe

Bain Capital has raised a $2 billion for its second AsiaPacific special situations fund. The Bostonbased private equity firm is likely to deploy between $300400 million in India. Bain Capital has invested close to $4 billion in India across 12 private equity transactions and the largest was its $1 billion bet in Axis Bank NSE. India is an integral part of Bain Capitals Asia strategy and is expect to allocate a healthy portion of our special situations funds to India. Read More..

B2B Tech News | 2 years ago

India is the first country in the world to have a Puma shopping app.

German attire complete Puma has launched its looking app in India, the primary market globally wherever itll sell merchandise through its own app. Wit

German attire complete Puma has launched its looking app in India, the primary market globally wherever itll sell merchandise through its own app. With the launch of the Puma app, well supply our shoppers a quicker, seamless and convenient digital looking expertise, said Abhishek Ganguly, decision maker, Puma, India. Read More..

B2B Tech News | 2 years ago

Pintu, an Indonesian crypto trading platform, may have tried to raise $113 million.

Indonesias Pintu has obtained $113 million in a Series B round from investors. Londonbased venture capital company Hedosophia contributed $45 million

Indonesias Pintu has obtained $113 million in a Series B round from investors. Londonbased venture capital company Hedosophia contributed $45 million in this round. Intudo Ventures, Lightspeed, Northstar Group and Pantera Capital also invested. Pintu has raised a total of $154 million in funding. Soetoyo added that the company will use the funding to roll out new features and products. There were 12.4 million crypto investors in Indonesia as of February 2022, according to Bappebti. Read More..

B2B Tech News | 2 years ago

Aco Tech struck a deal with All Technology to increase its Atlas user experience.

Aco Tech has introduced a brand new strategic partnership with UOB Malaysia, Fass Payment Solutions Sdn Bhd Fasspay, a certified white label epockets

Aco Tech has introduced a brand new strategic partnership with UOB Malaysia, Fass Payment Solutions Sdn Bhd Fasspay, a certified white label epockets company and virtual electricity organization, Five Petroleum Malaysia Five. Aco Tech has signed a partnership settlement with FIVE petrol stations in Malaysia. The organization is dedicated to form a brand new automobile environment of linked software program and hardware. Aco Tech additionally signed a Memorandum of Understanding to increase its partnership with Huawei Technologies Malaysia Sdn Bhd. Read More..

B2B Tech News | 2 years ago

Payfast, a company based in South Africa, has launched a new initiative to help aspiring business owners improve their skills.

South African online payment App PayFast has launched a 12week development programme with serious Chefs entrepreneur education nonprofit. The new init

South African online payment App PayFast has launched a 12week development programme with serious Chefs entrepreneur education nonprofit. The new initiative is intended to empower aspiring business owners with the talents required to line up their own ecommerce stores. quite forty second of rising South African entrepreneurs dont knowledge to run a web search. Topics to be lined embrace selecting an ecommerce platform, creating transactions, delivering product, managing customers, and more. Participants also will have access to helpful resources, together with money vouchers, equipment, knowledge and coworking areas. The programme aims to deliver learning during a hyper discourse and personal means, during a bid to assist startups achieve South Africa. Participants also will have access to helpful resources, together with money vouchers, equipment, knowledge and coworking areas. The programme aims to deliver learning during a hyper discourse and personal means, during a bid to assist s 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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3. Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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