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The residential robotic vacuum cleaner market will reach $9.6 billion globally by 2033 at a compound annual growth rate (CAGR) of 13.9%, according to Allied Market Research

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The residential robotic vacuum cleaner market will reach $9.6 billion globally by 2033 at a compound annual growth rate (CAGR) of 13.9%, according to Allied Market Research

The increasing popularity of smart home technologies, as well as improvements in AI and machine learning, which improve the effectiveness and ease of use of these devices, are driving the growth of the residential robotic vacuum cleaner market. WILMINGTON, Del., August 14, 2024 /PRNewswire/ — Allied Market Research published a report titled, “Residential Robotic Vacuum … Read more

Zepto hits $5 billion valuation as fast-moving commerce heats up in India | TechCrunch

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Zepto hits $5 billion valuation as fast-moving commerce heats up in India | TechCrunch

Zepto has closed a $340 million round that boosts its valuation to $5 billion, up from $3.6 billion in June and $1.4 billion in August, as the startup races to gain market share in India’s competitive fast-track commerce market. General Catalyst and Mars Growth Capital are jointly leading the Series G round, which will complete … Read more

Indonesia suffers further setbacks to plan for $30 billion jungle capital

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A man waves a large red and white flag at the head of the procession.

Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favourite stories in this weekly newsletter. Indonesia’s first planned multi-billion dollar independence day celebration in its new capital has resulted in an embarrassing backtracking for the government, which was forced to scale back plans and withdraw invitations to foreign dignitaries. The country was due … Read more