B2C

EQS-News: The Platform Group AG: GMV, sales and earnings above forecast, positive outlook for 2024 confirmed, medium-term planning for 2025

Retrieved on: 
Wednesday, April 10, 2024

The Management Board of TPG is optimistic that the defined target of 1 billion euros GMV will be achieved in 2025.

Key Points: 
  • The Management Board of TPG is optimistic that the defined target of 1 billion euros GMV will be achieved in 2025.
  • Business activities are therefore always geared towards achieving positive operating results and also reporting positive net results as a Group.
  • At TPG, positive earnings figures go hand in hand with positive cash flows, which are actively invested.
  • The Platform Group AG is a software company that is active in 19 sectors with its own platform solutions.

EQS-News: The Platform Group closes acquisition of stake in Mister Spex SE

Retrieved on: 
Wednesday, April 10, 2024

The Platform Group AG (ISIN DE000A200QEFA1 , „TPG“), a leading software company for platform solutions, informed Mister Spex SE today that it now directly holds approximately 7.6% of the shares in the company.

Key Points: 
  • The Platform Group AG (ISIN DE000A200QEFA1 , „TPG“), a leading software company for platform solutions, informed Mister Spex SE today that it now directly holds approximately 7.6% of the shares in the company.
  • The acquisition of 2,656,000 shares in Mister Spex SE, Berlin (ISIN DE000A3CSAE2) has thus been completed.
  • The Platform Group AG is a software company that is active in 19 sectors with its own platform solutions.
  • In 2023, sales of EUR 440 million and an adjusted EBITDA of EUR 20 million are expected.

Auddia Announces Issuance of Core AI Patent

Retrieved on: 
Monday, April 8, 2024

BOULDER, CO, April 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced the U.S. Patent and Trademark Office (USPTO) awarded Auddia with U.S. Patent 11,935,520 for the core AI technology Auddia uses in its flagship faidr app to deliver ad-free AM/FM radio stations to paid subscribers.

Key Points: 
  • BOULDER, CO, April 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced the U.S. Patent and Trademark Office (USPTO) awarded Auddia with U.S. Patent 11,935,520 for the core AI technology Auddia uses in its flagship faidr app to deliver ad-free AM/FM radio stations to paid subscribers.
  • “Issuance of this patent validates our innovation and secures our AI for Audio technology as a proprietary platform we look forward to building upon to drive new innovations in support of additional industry first premium audio listening experiences.”
    In addition to issuance of Patent 11,935,520, the Company has taken the next step in advancing the provisional patent application it filed last year related to leveraging AI to improve large language model (LLM) prompts and the domain specific knowledge of proprietary GPTs.
  • This conversion initiates the process for the patent office to review the application as the next step in pursuing patent protection.
  • Second, the patent covers capturing the AI generated prompt improvements and the enriched outputs of the LLMs to create new GPTs with industry specific domain expertise.

eShare Appoints Niki Sotiropoulou as Chief Marketing Officer

Retrieved on: 
Wednesday, April 3, 2024

WALTHAM, Mass., April 03, 2024 (GLOBE NEWSWIRE) -- eShare, a trailblazer in redefining how enterprises share and collaborate externally, is delighted to announce the appointment of Niki Sotiropoulou as its new Chief Marketing Officer (CMO).

Key Points: 
  • WALTHAM, Mass., April 03, 2024 (GLOBE NEWSWIRE) -- eShare, a trailblazer in redefining how enterprises share and collaborate externally, is delighted to announce the appointment of Niki Sotiropoulou as its new Chief Marketing Officer (CMO).
  • With an extensive career of over twenty years in marketing, Niki brings invaluable expertise in B2B and B2C marketing strategies to eShare, marking a significant addition to the leadership team.
  • Before joining eShare, Niki served as the Chief Marketing Officer (CMO) at viva.com, a pioneering Tech Bank renowned for being the first Greek Unicorn.
  • In this role, Niki was instrumental in laying the foundations and operational frameworks for a pan-European marketing team, spanning across 24 countries.

Middle East B2C E-Commerce Market 2024: Projections Indicate that the Digital Economy in the Middle East is Expected to Exceed EUR 500 billion by 2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

Projections for the Middle East's digital economy indicate an extraordinary surge, with estimates suggesting a valuation surpassing EUR 500 billion by 2030.

Key Points: 
  • Projections for the Middle East's digital economy indicate an extraordinary surge, with estimates suggesting a valuation surpassing EUR 500 billion by 2030.
  • This development comes amidst the region's increasing adoption of digital transactions, reshaping both consumer habits and market dynamics.
  • Meanwhile, the UAE anticipates its B2C E-Commerce revenue nearing double-digit EUR billion by 2028, with mobile commerce expected to nearly double by 2026.
  • In the dynamic realm of Middle Eastern E-Commerce, Kuwait's B2C E-Commerce market is anticipated to experience a surge by 2027.

Zingtree Empowers B2C Companies to Handle 160 Million+ Customer Interactions with AI-Driven Automation

Retrieved on: 
Tuesday, April 9, 2024

NEW YORK, April 9, 2024 /PRNewswire/ -- Zingtree, a leading AI-enabled customer experience (CX) automation platform, reached significant milestones in its journey to empower enterprises with the tools to leverage AI for CX automation. With a strong focus on simplifying complex service environments and providing essential guardrails for AI-driven CX automation, Zingtree has processed over 162 million customer interactions, enhancing both agent and customer experiences for B2C companies.

Key Points: 
  • With a strong focus on simplifying complex service environments and providing essential guardrails for AI-driven CX automation, Zingtree has processed over 162 million customer interactions, enhancing both agent and customer experiences for B2C companies.
  • Zingtree's CX Automation platform tackles this challenge by unifying all back-end systems, data, and knowledge into a no-code environment to power context, decisions, policies, and automation for customer experience.
  • "As we continue to scale, Zingtree is poised to revolutionize the way businesses leverage AI to deliver exceptional customer experiences."
  • With Zingtree's CX Automation platform, enterprises have the potential to automate up to 95% of interactions, driving efficiency and improving customer satisfaction.

Fauna Launches Distributed Document-Relational Database On Google Cloud Marketplace

Retrieved on: 
Thursday, March 21, 2024

The Google Cloud Marketplace listing puts Fauna directly in front of global enterprises that require both the flexibility of documents and the power of a relational ACID-compliant database that scales across regions, clouds, or the globe. As enterprises accelerate investment in transactional edge, B2B, and B2C multi-tenant SaaS and generative AI applications, the foundational infrastructure powering these applications, especially the database, is critical in fulfilling scalability, performance, and global data residency compliance requirements. Fauna delivers an intuitive developer experience with a seamlessly scalable distributed architecture that provides strong consistency, low millisecond latency, and high availability -- all delivered as a secure cloud API with zero operations required.

Key Points: 
  • SAN MATEO, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- Fauna , the distributed document-relational database delivered as a cloud API, today announced the availability of its database on Google Cloud Marketplace.
  • Now, Google Cloud and Fauna customers can procure, activate, and manage the Fauna database directly through their Google Cloud account, streamlining integrations and workflows while unifying resourcing and billing.
  • Customers utilizing both Google Cloud and the Fauna database will now enjoy a streamlined experience through their Google Cloud accounts, with Fauna usage, management, and billing now unified in their Google Cloud contracts.
  • “We are excited about the deepening relationship between Fauna and Google Cloud to make leveraging these technologies together even easier.”
    “Bringing Fauna to Google Cloud Marketplace will help customers quickly deploy, manage, and grow the Fauna database on Google Cloud's trusted, global infrastructure," said Dai Vu, Managing Director, Marketplace & ISV GTM Programs at Google Cloud.

Wearable Devices Announces Full Year 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Friday, March 15, 2024

YOKNE’AM ILLIT, Israel, March 15, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announced its financial results for the year ended December 31, 2023.

Key Points: 
  • YOKNE’AM ILLIT, Israel, March 15, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announced its financial results for the year ended December 31, 2023.
  • “Partnerships represent a key part of our business, and we expect our B2B offerings to be a significant driver of revenue for us as we grow.
  • We’re seeing considerable interest in the Mudra Band, and during 2023 we commenced shipment of our first manufacturing batch to preorder customers.
  • For further details on the Company's financial results for the year ended December 31, 2023, please refer to the company's annual report on Form 20-F which is being filed with the SEC today.

Algolia Partners and Builds New Integration Connectors with commercetools to Deliver World-Class Shopping Experiences

Retrieved on: 
Tuesday, April 2, 2024

This option facilitates real-time and historical data synchronization from the commercetools Composable Commerce platform to Algolia and grants access to customer, product, and order records.

Key Points: 
  • This option facilitates real-time and historical data synchronization from the commercetools Composable Commerce platform to Algolia and grants access to customer, product, and order records.
  • An Algolia commercetools Accelerator, which comprises essential code and deployment guidelines necessary for customizing the integration and deploying it to any cloud environment for self-management.
  • A hosted Algolia commercetools integration will be available in the commercetools Connect Marketplace in the coming months.
  • Algolia will attend commercetools’ inaugural global commerce summit, Elevate - The Global Commerce Summit™ , on April 16 - 18 in Florida.

Latin America Digital Commerce Market Insights and Payment Innovations 2024: Real-time Payments in Latin America are Anticipated to Exceed 100 billion Transactions by 2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, March 29, 2024

The "Latin America Digital Commerce: Market Insights and Payment Innovations 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Latin America Digital Commerce: Market Insights and Payment Innovations 2024" report has been added to ResearchAndMarkets.com's offering.
  • Latin America's E-Commerce is experiencing a surge, with forecasts predicting substantial growth to surpass EUR 850 billion by 2026.
  • Credit cards currently dominate the region's B2C E-Commerce transactions, accounting for over 40%, followed by Pix at approximately 10%.
  • Real-time payments in Latin America are also anticipated to experience significant growth, with a projected CAGR of around 30% between 2022 and 2027, reaching over 100 billion real-time payments by 2027.