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SoftBank leads USD200 mn investment in Indian online grocer Grofers

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15-May-19 Indian online grocery delivery start-up Grofers has secured USD200 mn from investors led by SoftBank’s Vision Fund, in the USD100 bn investment vehicle’s latest bet on India's technology sector. Grofers claims to have achieved annual revenue of USD400 mn. [image: Reuters / Issei Kato / File Photo]

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China’s SaaS market is booming

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08-Apr-19 China’s software as a service market is one of the fastest growing, and will double from 2018 to 2020. The market is still relatively small, so there is significant room for foreign firms to be strong competitors. [image: Asia Briefing Ltd.]

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Abu Dhabi boosts healthcare innovations

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11-Mar-19 Artificial Intelligence is set to give the UAE economy a USD182 bn boost by 2035, with healthcare likely to see a gain of USD22 bn. The DoH has launched an 'AI Lab' to serve as a safe platform for co-creation. [image: Arab Health]

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Korea's Samsung battles to stay ahead of the game

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26-Feb-19 Samsung Electronics’ business for the last quarter of 2018 was cause for concern, with operating profits down 30%. Vying to retain its market position, the Korean company has presented its folding mobile smartphone, the Galaxy Fold. [image: Reuters]

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