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APOLLO. IO, WHICH BUILDS UP B2B SALES CLEVERNESS SOFTWARE, RAISES THE $32M SERIES N LED BY GROUP CAPITAL, BRINGING THE TOTAL FUNDING IN ORDER TO $41. 3M (MIKE WHEATLEY/SILICONANGLE)

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series tribe capitalwheatleysiliconangle Business engagement platform provider Apollo. io , officially known as ZenLeads Inc., spelled out its ambitions today after raising $32 million in a new round of funding led by Tribe Capital.

NewView Capital and existing investor Nexus Venture Partners also participated in today’s Series B round, which brings Apollo’s total funding to date to $41. 3 million.

Apollo has created a go-to-market acceleration platform for business-to-business firms that helps connect their salespeople to customers that might be interested in their products or services. It does this by combining tools that include a rules engine to automate prospect routing and a lead scoring tool and analytics to measure results.

The company also throws data from more than 200 million contracts signed at 10 million companies into the mix. It also integrates with customer relationship management tools such as Salesforce, with the aim to play the role of matchmaker between sellers and buyers.

In summary, Apollo’s platform helps sales professionals to access accurate and affordable prospecting and sales data, making it easier for them to find new customers and close on deals, bringing more revenue into their companies.

Apollo’s platform is available to both early-stage startups looking to build up a client base, as well as large, established enterprises that might want to expand into new areas. And so far, the platform has been a success, with Apollo growing its user base by more than 200% in the last 18 months while also maintaining profitability.

The company reeled off a list of impressive stats, adding that it has tripled its revenue in the last year, off an undisclosed base, increased its weekly active user base by 400% and amassed more than 1 million new users in total. Altogether, it said, it has 9, 000 paying customers.

Tribe Capital Partner Sri Pangulur, who will be taking a seat on Apollo’s board as part of today’s financing deal, said the company is challenging the status quo in business-to-business lead intelligence and sales engagement by making contact data and prospecting more accessible.

“Seeing the company’s incredible growth over the past year, enhanced product offerings and new client acquisitions, we are confident in Apollo’s ability to disrupt the sales tech market for B2B companies, offering a more intelligent, more cost-effective and simpler solution, ” Pangulur said.

Now that it has millions of dollars safely banked, Apollo said it will look to expand its product and engineering teams with the goal of refining its technology. It also plans to expand its own client base, which mainly consists of midmarket companies and enterprises, by making additional investments in its sales, marketing and operational resources. It also has new executive leadership hires planned.

Apollo co-founder and Chief Executive Tim Zheng said Apollo’s success so far is due to the burden on a traditional B2B go-to-market process that’s manual, tedious and complex, stifled by minimal guidance and lengthy onboarding processes.

“This funding will help us further accelerate our product-led growth model, which has seen tremendous success in the contact data space, ” Zheng said. “Apollo’s vision is to give its customers the most powerful and intelligent go-to-market platform in the industry, so they can reach their full market potential. We want to make access to B2B data even easier, while enhancing the data with sales intelligence and automated workflows.

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Douyin develops desktop chat software, experts say it is difficult to compete with WeChat

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The Chinese media Times Finance reported on the 4th that the Douyin chat desktop has been launched, and two versions of Windows and Mac have been developed. The update time is December 30, 2022, and the latest version is 1.0.0. However, according to expert analysis, Douyin chat is difficult The success path of copying WeChat.

According to the report, users need to scan the QR code of the Douyin app to log in to the Douyin chat desktop, but only the two pages of chat messages and friends list can be switched, and the chat function only supports sending pictures, texts and chat emoticons, and can initiate group chats. chat, and supports searching usernames to add friends.

A Douyin user with the pseudonym Chen Chen said after a trial that the current Douyin chat function is too single, and it is better to chat directly in Douyin.

She said that the most common daily conversations in Douyin are sharing short videos and videos to private messages among friends, and leaving comments to each other. On the Douyin chat desktop, although it is possible to receive audio and video from friends, it is still more convenient to swipe and chat on the phone. There is no function on the desktop to support her continued use.

The report said that after all, Douyin’s built-in chat function has more playability, including the ability to open video chats on the interface of sending messages, plus Douyin’s popular filters, and you can also watch short videos with friends, grab red envelopes, and play with you Draw my guess, backgammon and other small games.

Douyin has never given up its dream of developing social functions. Group CEO Zhang Nan said in 2021 that Douyin’s “social interaction is a natural process.” The interactive needs expressed by users began to ferment within Douyin, promoting Douyin’s social interaction.

Nevertheless, the industry generally believes that it is still difficult for Douyin to shake WeChat’s status as a national-level application.

In the third quarter of last year, the monthly active users of WeChat and WeChat reached 1.3 billion. After all, for many users, WeChat is not only a communication tool, but also an office application software, a social platform, and a payment tool.

Pan Helin, co-director and researcher of the Digital Economy and Financial Innovation Research Center of Zhejiang University International Joint Business School, said that Douyin is almost the most successful social networking site in recent years in terms of short video and audio, which has contributed to Douyin’s deep socialization in personal domains. circle, and launched Douyin chat.

However, Pan Helin said that Douyin chat is still difficult to replicate the successful path of WeChat chat tools, and said that Douyin short video and audio can become a tool for group chats of specific groups such as cultural groups and fan groups, but it will not become a private platform like WeChat. domain domain tools.

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Vietnam’s garment industry is optimistic after the epidemic disappears: exports will look at US$48 billion in 2023

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Vietnam takes textile exports as an important economic pillar. Industry insiders predict that looking forward to 2023, under an optimistic scenario, Vietnam’s annual textile and garment exports will reach US$48 billion. Even in the basic scenario, it can reach US$45 billion, but it is not ruled out. possibility of recession.

The Vietnamese media “VnExpress” reported that Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association (VITAS), said that under optimistic conditions, the global economy will stabilize, and clothing demand is expected to recover before the end of the first quarter. It is expected to reach $47 billion to $48 billion.

Under the basic scenario, that is, global clothing demand will recover in the second half of 2023, and the annual textile and clothing exports may reach 45 billion to 46 billion US dollars.

Experts are optimistic about the industry prospects in 2023, on the grounds that the COVID-19 epidemic is under control, countries around the world are adapting to the new normal, and the Asia-Pacific region will be the fastest growing region in the world in 2023. In addition, China’s abandonment of the zero-clearing policy and the reduction of logistics costs are also expected to boost demand for Vietnam’s garment orders.

However, Le Tien Truong, chairman of Vietnam’s largest garment manufacturer “Vinatex” (Vinatex), warned that the worst scenario, that is, the global economy falls into recession, and the textile and garment export volume in 2023 may be higher than that in 2022. Reduced by about 5%.

Textile exports are Vietnam’s third largest source of export revenue. According to the General Department of Vietnam Customs (General Department of Vietnam Customs), from January to November 2022, Vietnam’s textile and garment exports totaled US$34.645 billion, an increase of 18.9% over the same period in 2021.

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response microsoft europefoleyzdnet

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response microsoft europefoleyzdnet Microsoft’s European arm is responding to the recent ZDNet story about the company’s alleged anti-competitive practices. In a statement to Foley, a Microsoft spokesperson said: “We’re committed to competition and choice in every market where we operate.” The spokesperson went on to say that Microsoft is “disappointed” by the conclusions of the ZDNet story and that the company will “vigorously defend” itself against any allegations of anti-competitive behavior. response microsoft europefoleyzdnet

In response to the Microsoft Foley scandal, Europe is taking a stand. ZDNet’s European Editor, Foley, gives his opinion on the matter. He believes that while Microsoft may have broken the law, they did so in order to compete with Google and other companies. He also believes that the European Commission’s response is out of proportion to the situation. response microsoft europefoleyzdnet

In response to the recent Microsoft Europe data leak, Foley from ZDNet writes that “privacy concerns are nothing new for the company”. He goes on to say that “Microsoft has a long history of mishandling customer data”, and cites examples such as the Hotmail data leak in 2014 and the LinkedIn data breach in 2016.

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