Aussie company to lead WeChat expansion in South East Asia

Aussie company to lead WeChat expansion in South East Asia

You simply cannot do business in China nowadays without a WeChat account. Owned by Tencent Group, the social media platform and its associated WeChat Pay service are ubiquitous in China with rapid expansion internationally too. So how then did a Sydney-based company score a lucrative deal to expand WeChat Pay in South East Asia? We catch...

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Consortium breaks milestone on 9,200km international fibre cable project

Consortium breaks milestone on 9,200km international fibre cable project

The consortium behind an ambitious construction of 9,200km worth of undersea fibre network between Perth and Singapore has today reached its first major milestone. Earlier this year, SubPartners, AARNet, Google, Indosat Ooredoo, Singtel and Telstra joined forces on the INDIGO project, a subsea cable network which has today celebrated the ...

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Unlocking "unprofitable beasts" and why they need more patient capital

Unlocking "unprofitable beasts" and why they need more patient capital

Companies are staying private for longer than ever before with abundant capital on offer, but the flipside is that sizeable global funds are entering the Australian market earlier to make their mark on the startup community. Meanwhile, local public equity funds are often unable to do the same due to mandates that don't allow investmen...

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How Blackbook is trailblazing the world of AI and automation

How Blackbook is trailblazing the world of AI and automation

For Thuy Lam, founder of Blackbook.ai, problem solving has always been the name of the game. After working in professional services for close to ten years, Lam felt he had enough experience to be able to create his own company. With a history in process optimisation and data-science ("when data-science wasn't sexy," he a...

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TPG beats guidance despite NBN rollout 'eroding' profit

TPG beats guidance despite NBN rollout 'eroding' profit

Internet and mobile phone service provider TPG Telecom (ASX: TPM) saw its margins decline in FY18 as broadband subscribers moved to NBN bundles, pushing net profit after tax (NPAT) down 4 per cent to $396.9 million. However, underlying NPAT rose 3.6 per cent to $432.6 million and EBITDA ended up $41 million higher than FY18 forecasts made...

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Aussie esports company makes a killing in Africa

Aussie esports company makes a killing in Africa

Online gaming and esports company Emerge Gaming (ASX: EM1) has muscled further into the African market, now boasting access to more than 29 per cent of the continent's entire population. Emerge has acquired access to millions of new subscribers in Ghana, Kenya, Namibia, Nigeria, Zambia and Zimbabwe, following the integration of its Ar...

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APDC and NEXTDC Supreme Court stoush dissolves

APDC and NEXTDC Supreme Court stoush dissolves

The short-lived legal battle between data centre operators NEXTDC (ASX: NXT) and Asia Pacific Data Centres ('APDC') (ASX: AJD) has come to an end. The Supreme Court of New South Wales legal proceedings, lodged against NEXTDC by APDC, have come to a quiet ending as the judge decided to not make any declarations. This determinat...

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Digital disruptor wins Brisbane Young Entrepreneur of the Year 2018

Digital disruptor wins Brisbane Young Entrepreneur of the Year 2018

Ben Bradshaw is shaking up the very meaning of digital marketing as we know it, and with a solid track record promising bright prospects at home and abroad he has now received Brisbane's top prize for young entrepreneurs. In a hotly contested competition between the city's enterprising elites, Bradshaw was crowned Brisbane Young E...

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Sydney's 'Tinder for brands' poised to dominate overseas

Sydney's 'Tinder for brands' poised to dominate overseas

In the three and a half years since Jessica Ruhfus founded Collabosaurus her disruptive platform has attracted a considerable amount of attention. Lovingly dubbed as 'Tinder for brands', Collabosaurus has dramatically changed the role of marketing experts in Australia. The platform, which works by matching up complementary bra...

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NEXTDC smashes revenue guidance but profit dives

NEXTDC smashes revenue guidance but profit dives

Following a year of intense competition with main rival 360 Capital, NEXTDC (ASX: NXT) has come out smashing its earnings guidance. The company reported revenue of $161.5 million for FY18, above its guidance of $152-158 million. However, the group's profit dived from $44.9 million at the end of FY17 to $6.6 million in FY17. Ea...

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How your business can jump on new "PayPal for cryptocurrency" solution

How your business can jump on new "PayPal for cryptocurrency" solution

In case you missed it, cryptocurrency is a bit of a big deal in Australia right now. Over the last year it's estimated over $8 billion worth of crypto was traded in Australia, $4 billion of which was traded on Australian platforms. But there's still a big hurdle for crypto to overcome before it can move beyond its status as a ...

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DriveMyCar soars on Airbnb partnership

DriveMyCar soars on Airbnb partnership

One of Australia's fastest emerging sharing economy businesses, DriveMyCar, has scored an Australian first by becoming an affiliate partner of accommodation giant Airbnb. DriveMyCar, owned by parent company Collaborate Corporation (ASX: CL8), has joined the pay-for-performance program for partners who promote hosting on Airbnb. Th...

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Aussie game developer plays into landmark acquisition

Aussie game developer plays into landmark acquisition

Listed mobile game developer Animoca Brands (ASX: AB1) has acquired US-based developer Pixowl for $6.65 million. Pixowl is an independent mobile game company with a portfolio that includes games like The Sandbox, Peanuts: Snoopy's Town Tale, Garfield: Survival of the Fattest, and Goosebumps HorrorTown. The deal saw Animoca put up ...

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Sydney underwater drone maker joins US warfare consortium

Sydney underwater drone maker joins US warfare consortium

Underwater drone manufacturer Aquabotix (ASX: UUV) has been accepted as a member of the Information Warfare Research Project (IWRP) consortium. The consortium is focused on advancing information warfare capabilities to enhance United States Navy and United States Marine Corps mission effectiveness. Aquabotix's acceptance into this...

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ACCC slams Trivago alleging it misled consumers

ACCC slams Trivago alleging it misled consumers

The Australian Competition and Consumer Commission (ACCC) has taken aim at online airfare and hotel aggregator Trivago for allegedly misleading consumers in its price comparisons and advertisements. The ACCC has started proceedings in the Federal Court claiming that from at least December 2013 the company ran TV advertisements presenting ...

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Model fit disrupts the talent agency market

Model fit disrupts the talent agency market

Having made the digital leap from a traditional offline model, influencer Taryn Williams' online talent agency theright.fit is rapidly expanding with clients requesting the service globally. Williams says her need-driven business model has resulted in the opening of the company's first international office in Singapore. "...

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Serial entrepreneur aims to build one million square metres of tolerant reef

Serial entrepreneur aims to build one million square metres of tolerant reef

A telecommunications entrepreneur who has founded companies with enterprise values of more than $5 billion has his sights on an audacious and likely controversial project to build new reefs to combat the effects of coral bleaching. Bevan Slattery is no stranger to large-scale developments. He made a name for himself in 2009, along with Sh...

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Hear hear! Implant milestone for Cochlear with solid results

Hear hear! Implant milestone for Cochlear with solid results

Leading hearing implants business Cochlear (ASX: COH) has enjoyed a solid year, with full-year net profits up 10 per cent. Thanks to strong demand for its hearing implants, the listed company saw full-year profit rise to $245.8 million, and sales revenue up 9 per cent to $1.35 billion. Cochlear CEO Dig Howitt says the business' pe...

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World Bank appoints CBA for first global blockchain bond

World Bank appoints CBA for first global blockchain bond

Negative news around a royal commission at home hasn't prevented the Commonwealth Bank (ASX: CBA) from securing a prestigious mandate from the World Bank in Washington DC to deliver the first ever international blockchain bond. Perhaps a play on the iconic Sydney beach the bond will be known as 'bond-i', which stands for '...

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Curbing competition: how to make your business stand out from the pack

Curbing competition: how to make your business stand out from the pack

When it comes to highly competitive industries, even the slightest differences between companies can make or break a relationship with potential clients.

Take IT for instance; business competitors at the top of that game use similar hardware, provide similar services and they achieve similar outcomes.

But of course, there are still ...

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