SINGAPORE, June 18, 2021 — Osome, a super-app that digitizes accounting and compliance services for SMEs, has raised $16M in a Series A funding from a group of investors including Target Global, AltaIR Capital, Phystech Ventures, S16VC, and Peng T. Ong, an angel investor. The capital enables Osome to expand…
Announcement of change in the total number of votes in AB SKF
GOTHENBURG, Sweden, May 31, 2021 — Due to a conversion of shares from Series A to Series B in accordance with AB SKF’s Articles of Association, the Company confirms the following. As per 31 May, the Company’s share capital amounts to SEK 1,138,377,670 and the total number of shares amounts to…
Drip Capital closes $40M Committed Warehouse Credit Facility from East West Bancorp to facilitate trade finance to small businesses
PALO ALTO, Calif., March 26, 2021 — Capital, a leading Fintech provider of cross-border trade finance, and East-West Bank (EWB), announce a US$ 40M committed credit facility for the expansion of Drip’s trade finance solutions to small and medium-sized businesses (SMBs). Drip Capital closes $40M Committed Warehouse Credit Facility…
Ericsson Annual Report 2020 published
– Annual Report 2020 available for download and printed version available for order – The Annual Report 2020 publication consists of Ericsson’s Financial report 2020, the Corporate Governance Report 2020, the Remuneration Report 2020 and the Sustainability and Corporate Responsibility Report 2020 – Ericsson also publishes Ericsson 2020 in review,…
IFS growth outperforms market in 2020 with 26% increase in software revenue
– 60% increase in Cloud revenue and 43% increase in recurring revenue YoY, despite macroeconomic backdrop – Recurring revenue share now 80% of software revenue – Service management license revenues increase by 105% YoY LONDON, Jan. 28, 2021 — IFS, the global enterprise applications company, today announced its financial results…
LTI USD Revenues grow 5.8% QoQ and 8.5% YoY; Net Profit up by 37.9% YoY
Earnings Release and Fact Sheet Third Quarter, Fiscal 2021 MUMBAI, India, Jan. 20, 2021 — Larsen & Toubro Infotech (BSE code: 540005) (NSE: LTI), a global technology consulting and digital solutions company, announced its Q3 FY21 results today. In US Dollars: Revenue at…
China Literature Announces Sale of its Equity Interest in Lazy Audio for RMB1.08 Billion
HONG KONG, Jan. 15, 2021 — China Literature Limited ("China Literature" or "the Company", stock code: 0772.HK), a leading online literature platform in China, today announced that it entered into a definitive agreement to sell a 39.8821% equity interest in Shenzhen Lanren Online Technology Co, Ltd ("Lazy Audio"), an audio platform…
Osome wins Singapore Partner of the Year at Xero Asia Awards
SINGAPORE, Dec. 11, 2020 — Osome has been awarded Xero’s Singapore Partner of the Year for Xero Awards Asia 2020. The annual Xero Awards for Asia recognises excellence among their accounting and bookkeeping partners and celebrates the role of its partners in helping small businesses across Asia thrive. "It was incredibly tough…
Entain Marks Its First Day With Measures To Deliver On Its New Strategy
– U.S. growth accelerates as BetMGM plans to double its footprint in three months – Entain to seek licence in Canada and becomes the first global sports betting and gaming operator to gain a licence in Latin America LONDON, Dec. 10, 2020 — The global sports betting and gaming…
Correction of date for Ericsson’s fourth quarter report 2020
STOCKHOLM, Nov. 20, 2020 — Ericsson’s (NASDAQ: ERIC) financial report for the fourth quarter 2020, will be issued on January 29, 2021. By mistake an incorrect date is stated in the financial report for the third quarter of 2020, published on October 21. The error occurs on page 12, last…