A year after its fundraising failure, Omnirobotic emerges from restructuring as a profitable robot builder BetaKit

[ad_1] Reborn Québec firm’s machines now serve cabinet manufacturers across North America. This time last year, the end was approaching for Omnirobotic. Technology market conditions were deteriorating and the venture-backed…

Continue ReadingA year after its fundraising failure, Omnirobotic emerges from restructuring as a profitable robot builder BetaKit

Otto Group’s revenue drops 9%

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The German well-known Otto Group’s global ecommerce revenue is expected to reach 10.8 billion euros in the financial year of 2023, which ends today. This is a decrease of 9 percent compared to a year earlier. Unlike previous years, the decrease in sales is also noticeable in its cross-border markets. (more…)

Continue ReadingOtto Group’s revenue drops 9%