Having undergone their own business transformation over the past 12 months, eCommerce and artificial intelligence company Crowd Media (ASX: CM8) has capitalised on a corporate restructure from one of their partners to acquire trendy German accessories brand I AM KAMU for 1 Euro. The nominal cash acquisition will primarily be supported by 5% profit royalties
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At a time when women are more aware of potential health issues than ever, Volpara Health (ASX: VHT) is set to drastically improve how breast cancer is talked about with imaging technology driven by artificial intelligence that will help prevent advanced stage breast cancer. The imagery will be provided to women in collaboration with Sheila
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Thriving in a world where cash is becoming less relevant by the day, Australian fintech company Novatti Group (ASX: NOV) has continued leveraging their digital payment capabilities to report their highest ever quarterly revenue with further international expansion firmly in their sights. With an increase in digital payments being made around the world, Novatti has
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It’s a strange world for children who can no longer spend hours browsing toys at Toys “R” Us following their store closures in 2018 but the way toys are marketed is set to get an overhaul with the $32.6 million acquisition of Hobby Warehouse, its brands, and 1 million subscribers by Funtastic (ASX: FUN). The
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Medtech company PainChek (ASX: PCK) has secured its first disability services operator partnership with Nulsen Group commencing the use of PainChek’s world-first pain assessment smartphone app across five facilities. The 6-month trial is the first of its kind for PainChek with commercial terms falling within Australia’s National Disability Insurance Scheme (NDIS) and will enable both parties
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Having raised $40 million from their IPO which would give Mydeal.com.au (ASX: MYD) an implied market capitalisation of $258.8m, investors that missed out on the IPO offer have hit the ASX boards in droves to open MYD shares at $1.80, a rise of 80% on their $1 IPO Offer Price. The demand for MYD shares
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Telecommunications company United Networks (ASX: UNL) is set to increase its national footprint significantly with the expansion of their services into Western Australia as part of their renewed strategy to build recurring revenue streams. The new contracts in Western Australia are expected to deliver a fresh $600k in recurring revenue while enhancing their services to
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Australia’s most significant resources project is set to be hooked up to 5G with Veris (ASX: VRS) winning the $2 million contract to design a tech solution that will connect Fortescue’s enormous magnetite project to the rest of the world. The contract was awarded to wholly owned Veris subsidiary, Aqura Technologies which is carving out
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With Australian financial regulators firmly eyeing money laundering and facilitators, regtech provider Identitii (ASX: ID8) has secured Mastercard as a client for their Overlay+ platform which is designed to assist with financial crime compliance. The contract valued at $783k will see Mastercard use Identitii’s Overlay+ platform for their account-to-account network which will securely share crime
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The outcome of the U.S. elections remain difficult to predict and will likely be a tight finish. Given all the polls and surveys to date, if one had to pick a result today, it is hard not to back Biden. However, the issue at present is consensus appears to be pricing in a significant Biden
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