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Dublin, July 17, 2024 (GLOBE NEWSWIRE) — The “Electronic Prescription Systems – Global Strategic Business Report” report has ResearchAndMarkets.com Recruitment.The global e-prescription systems market is estimated to reach USD 1.7 billion in 2023 and is projected to reach USD 5.2 billion by 2030, growing at a CAGR of 17.0% from 2023 to 2030. This comprehensive report provides a detailed analysis of market trends, drivers, and forecasts to help in making informed business decisions. The growth of the e-prescribing systems market is driven by several factors. Increasing government initiatives and regulatory requirements aimed at reducing prescription errors and improving patient safety…

David V. Maltz The University of Virginia has appointed Ed Freeman as the Steven E. Bachand Professor of Business Administration. This landmark milestone follows a $5 million gift from Steve Bachand (MBA '63) and Phyllis Bachand, combined with a gift from the university's Bicentennial Professorship Fund, bringing the endowment total to $10 million. The investment is intended to strengthen the university's commitment to ethical business leadership. A leading authority on business ethics and the creator of stakeholder theory, Freeman taught at the University of Virginia Darden School of Business for 38 years. His work advocating that corporations serve the interests…

Taipei, July 17 (CNA) The Fair Trade Commission (FTC) has approved a strategic alliance between Taiwan-based food conglomerate Uni-President Group and Hong Kong-based Yahoo Taiwan Holdings Ltd., which will see Uni-President Group acquire an 80% stake in Yahoo's e-commerce business in Taiwan, the food conglomerate said in a statement on Wednesday.While Uni-President will acquire a majority stake, Yahoo will hold the remaining 20 percent of the $100 million e-commerce joint venture and will continue to use the Yahoo Taiwan e-commerce brand, according to the statement.The deal was approved by the FTC after Unigroup said in a statement in February that…

Startup culture is booming in India, tackling various challenges and coming up with innovative solutions.One such startup, Dropsy, offers aspiring entrepreneurs an opportunity to start their own e-commerce business with just Rs 10,000 and earn dollars from the comfort of their homes. What does Dropsy do? Dropsy manufactures a wide range of products, including apparel, and offers individuals the opportunity to sell these goods in international markets such as the US and Canada. The startup supplies the products and helps create a seller account on Amazon's e-commerce platform. Entrepreneurs simply notify Dropsy of incoming orders, and the company handles the…

Welcome to AI News Today, your daily roundup of the AI ​​industry. DreamBig completes $75 million Series B funding round DreamBig has secured $75 million in a Series B funding round co-led by Samsung Catalyst Fund and the Sutardja family, with the funding aimed at making its AI inference and training solutions available to a wider range of users. New Tate Modern exhibition showcases artists and AI Tate Modern's latest exhibition, Electric Dreams, explores the intersection of AI and art, showcasing how artists are incorporating AI into their creative process and offering new perspectives on technology and creativity. Lattice Introduces…

news: LULA, a ride-hailing platform for corporate commuters, has acquired the South African arm of US-born employee bus-sharing startup Zeelo. Tech Cabal Reports. Neither company has yet to disclose transaction details about the all-cash transaction. LULA plans to further expand across South Africa by leveraging Zeelo's extensive market network with over 18,000 riders. Prior to the acquisition, Zeelo claimed to achieve over 2 million rides per year. Zeelo, which entered the South African market in 2019 and has raised a total of $33.6 million by August 2023, is planning to leave the country to focus on the US, UK and…

Visitors visit the Alibaba exhibit area at the WAIC World Artificial Intelligence Exhibition. … [+] Conference in Shanghai, China, July 4, 2024. (Photo by Costfoto/NurPhoto via Getty Images)NurPhoto via Getty Images Chinese e-commerce and cloud giant Alibaba's shares have performed poorly this year, rising just 1% since early January, compared to a robust 27% rise in its U.S.-based peer Amazon over the same period. The company is under pressure from several factors, including a slowing Chinese economy and growing competition from e-commerce startups. That said, we think the stock is attractive given its reasonable valuation and growth potential in areas…

Dmitriy Anderson, CIO and head of e-commerce and marketplace strategy at Leroy Merlin, admits that profitability keeps him up at night, especially when working on a new business like the Leroy Merlin Product Marketplace. Anderson says the online marketplace, which launched three years ago and now has more than 500 third-party sellers, recently hit a major milestone by breaking even for the first time in January 2024. “That's pretty impressive, but ensuring those numbers keep growing and the marketplace remains profitable can feel like a nightmare,” he says. Especially given the scale of competition in the space, with giant brands…

Image courtesy of: https://www.dunlark.com/ According to Commerce Secretary Sunil Bhaswal, the legal framework to boost the country's exports through e-commerce will be finalised by September. He said China sells goods worth $300 billion annually through this channel, while India's exports are only about $5 billion, and he argued that there is huge room for growth in these exports. A meeting was held in this regard involving relevant ministries including revenue, marketplace platforms and business leaders from logistics. “We are working on setting up an e-commerce export hub in the country. We have discussed the framework for it. This is on…

The trend was revealed in an annual survey by Singapore-based consultancy Momentum Works published in Nikkei Asia on Tuesday. TikTok's e-commerce division, TikTok Shop, is expected to see significant growth in gross merchandise volume (GMV), nearly quadrupling from $4.4 billion in 2022 to $16.3 billion in 2023. This dramatic growth, combined with TikTok's acquisition of a majority stake in Indonesia's Tokopedia last year, has propelled the platform to second place in the ASEAN e-commerce market, with an estimated 28.4% share by 2023. According to the report, Southeast Asia's e-commerce gross merchandise volume (GMV) is expected to reach $114.6 billion in…