Year: 2022

Global customer relationship management market was valued at USD 52.2 billion in 2021 and it is expected to reach a value of USD 125.8 billion by 2028, at a CAGR of 13.4% over the forecast period (2022–2028). Westford,USA, Oct. 19, 2022 (GLOBE NEWSWIRE) — A customer relationship management (CRM) Market consolidates and manage customer data. CRM systems allow companies to better understand their customers, identify and address customer needs, and build strong customer relationships. Increasingly, businesses are recognizing the value of CRM systems and are investing in improving their customer experience. The customer relationship management market is expected to grow at a CAGR of 13.4%. The main drivers of this growth are increasing demand from small businesses for streamlined and efficient solutions, increased need for sales pipelines...

Global display market is valued at USD 149.40 billion in 2021, and it is anticipated to attain a value of USD 227.39 billion by 2028, at a CAGR of 6.1% over the forecast period (2022-2028). Westford,USA, Oct. 19, 2022 (GLOBE NEWSWIRE) — The primary factors driving the growth of the Display Market are increasing demand from smartphone and tablet manufacturers, rising expenditure on smart Infra-Red (IR) sensors, and rapid expansion of digital media content. Smartphones are becoming more sophisticated and are using larger screens that require higher resolutions for better user experience. Tablets are also becoming increasingly popular as they offer a single device that can serve as both a computer and a mobile phone. This increase in demand for high-resolution displays is expected to drive the adoption of LED displays in the coming...

Manufacturing Capability to Produce 50,000 Vehicles Per Year Mullen’s cash on hand and funding commitment of up to $240 million provides the company with access of up to $275 million to close acquisition and fund vehicle launches BREA, Calif., Oct. 19, 2022 (GLOBE NEWSWIRE) —  via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces the US Bankruptcy Court approval on Oct. 13th, 2022 of its acquisition of electric vehicle company ELMS’s (Electric Last Mile Solutions) assets in an all cash purchase.  In the Chapter 7 approved transaction Mullen will acquire ELMS’s manufacturing plant, all inventory and intellectual property. Acquisition benefits include:The factory in Mishawaka, IN providing Mullen with the capability to produce up...

Manufacturing Capability to Produce 50,000 Vehicles Per YearMullen’s Cash on Hand and Funding Commitment of up to $240 Million Provides the Company With Access of up to $275 Million to Close Acquisition and Fund VehicleBREA, CA , Oct. 19, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces the US Bankruptcy Court approval on Oct. 13th, 2022 of its acquisition of electric vehicle company ELMS’s (Electric Last Mile Solutions) assets in an all cash purchase.  In the Chapter 7 approved transaction, Mullen will acquire ELMS’s manufacturing plant, all inventory and intellectual property. Acquisition benefits include:The factory in Mishawaka, IN, providing Mullen with the capability to produce up to 50,000...

BANGALORE, India, Oct. 19, 2022 (GLOBE NEWSWIRE) — As previously announced last week, Zoomcar, Inc. (“Zoomcar”), the world’s largest emerging market focused car sharing platform, and Innovative International Acquisition Corp. (“Innovative”) (NASDAQ: IOAC), a publicly traded special purpose acquisition company, entered into a definitive merger agreement (the “Merger Agreement”) that will result in Zoomcar becoming a publicly listed company. The transaction values the combined company (the “Combined Company”) at an implied pro forma enterprise value of approximately $456 million. Upon closing, the Combined Company will be renamed Zoomcar Holdings, Inc. and expects to list its common stock on Nasdaq. $10 Million Investment By Ananda Trust Investment In addition and simultaneously with the execution of the Merger Agreement...