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The company officially launched its service in Shanghai in April 2016, and in just two years, has now expanded the service to over 200 cities in 16 countries globally. China’s app-based bicycle sharing platform, Mobike which was acquired by Meituan Dianping for an estimated $2.7 billion last month, is entering into Indian Market.
By Franck Coison, Industry Solution Director, Atos In a recent PwC survey, 52% of those in financial services said they’re currently making ‘substantial investments’ in AI and 72% of business decision-makers believe that AI will be the business advantage of the future.
MUMBAI: The changing technology landscape is prompting media & entertainment (M&E) companies to divest existing businesses to fund investment in new technology. According to EY Global Media & Entertainment Sector’s M&E Global Corporate Divestment Study 2018: How can divesting fuel your future growth?, 87% of companies are planning to divest within the next two years strikingly higher than the 33% reported in the 2017 study.
Eric Piscini, the brains behind Deloitte’s blockchain prowess, has left the company. Currently boasting 1,200 employees, and starting with just three, Piscini was instrumental in scaling the blockchain operation to $50 million. Now, he has stepped down and decided to travel a different road.
Deloitte Middle East, a leading professional services firm, has launched new Islamic Finance insights series “Scalable and sustainable source of funding social infrastructure”, offering the latest insights on infrastructure funding. The industry whitepaper published by Deloitte’s Islamic Finance Knowledge Center (IFKC) in the Middle East, is produced in collaboration with the Chartered Institute of Securities and Investment (CISI), UK.
KPMG in Bahrain has launched a mobile application ‘KPMG VAT Toolkit’ to assist businesses in the Kingdom understand value-added tax (VAT) and evaluate its impact on the way business is conducted and supported. VAT is expected to be introduced in the Kingdom in the second half of 2018.
EY today announced the finalists for the Entrepreneur Of The Year® 2018 Award in the Mountain Desert region. The awards program recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities.