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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          

Mexican exchange Bitso reaches more than 1 million users in Brazil

Mexican cryptocurrency exchange Bitso has surpassed 1 million users nearly a year after launching in Brazil, the companys Brazilian CEO said. Founded

Mexican cryptocurrency exchange Bitso has surpassed 1 million users nearly a year after launching in Brazil, the companys Brazilian CEO said. Founded in 2014 and based in Mexico, Bitso raised $250 million in a funding round in May 2021 and valued its platform at $2.2 billion ahead of its debut in Brazil. Bitso is currently awaiting approval of its payment institution license application in Brazil and is currently working with lenders Banco Genial and Starkbank. Read More..

B2B Tech News | 3 years ago          

Nike split $1 billion between PMG and Initiative

In North America, PMG has been named the integrated media agency of record and a partner for global digital capabilities. The Initiative was the big w

In North America, PMG has been named the integrated media agency of record and a partner for global digital capabilities. The Initiative was the big winner internationally, snatching up business in Europe, Asia, and Latin America. Wieden + Kennedy, Nikes creative agency for more than 35 years, had previously handled media planning in the United States. The Converse brand, which was not up for review in this pitch, was won globally by the IPG Mediabrands agency. R3 managed the pitch but stayed silent. All of the major markets for the company were covered, including the Nike and Jordan brands. Additionally, making pitches were GroupM, Omnicom Media Group, Dentsu Media, Publicis Media, Stagwell Media, and Havas Media. Read More..

B2B Tech News | 3 years ago          

Germany reverses as the largest market for Vodafone

The mobile and broadband group said its German TV subscriber base fell by 79,000. Vodafones total services revenue growth picked up slightly quarteron

The mobile and broadband group said its German TV subscriber base fell by 79,000. Vodafones total services revenue growth picked up slightly quarteronquarter for reach 2.5%.. Chief Executive Nick Read said the British company had made good progress towards stabilizing its German operation. The British company has not announced any major deals since November. Read said in November he was targeting consolidation in a number of Vodafones European markets, as well as opportunities for its tower business, Vantage Towers. Read More..

B2B Tech News | 3 years ago          

Triangle Healthcare opens regional headquarters in Singapore to drive healthcare innovation in APAC

At a CAGR of 26.5%, the digital health market in the APAC region is projected to grow to $326.7 billion by 2030. The Indian High Commissioner, Mr. P.

At a CAGR of 26.5%, the digital health market in the APAC region is projected to grow to $326.7 billion by 2030. The Indian High Commissioner, Mr. P. Kumaran, and other esteemed dignitaries presided over the launch. At a CAGR of 26.5%, the digital health market in the APAC region is projected to grow to $326.7 billion by 2030. The Indian High Commissioner, Mr. P. Kumaran, and other esteemed dignitaries presided over the launch. Read More..

B2B Tech News | 3 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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