Industry

'Airbnb of the outdoors' - $300m Hipcamp valuation points to sustained demand for rural domestic trips, says GlobalData

Airbnb Airbnb of the outdoors Hipcamp

'Airbnb of the outdoors' - $300m Hipcamp valuation points to sustained demand for rural domestic trips, says GlobalData

'Airbnb of the outdoors' - $300m Hipcamp valuation points to sustained demand for rural domestic trips, says GlobalData Hipcamp’s closure of a $57m Series C funding round brings its internal value to more than $300m - more than double its value in 2019. This massive jump in the valuation of the outdoor bookings business reflects the recent global tourism trend whereby domestic trips in rural locations is driving leisure demand recovery, says GlobalData, a leading data and analytics company. Ralph Hollister, Travel and Tourism Analyst at GlobalData, comments: “Many leisure travelers holidayed domestically instead of internationally in 2020. The fact...

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Institut Polytechnique de Paris and Inria Strengthen their Leadership in Digital Science and AI

AI Digital Science Inria Strengthen Institut Polytechnique de Paris

Institut Polytechnique de Paris and Inria Strengthen their Leadership in Digital Science and AI

Institut Polytechnique de Paris and Inria Strengthen their Leadership in Digital Science and AI    PARIS, January 2021 - Inria (French National Research Institute for Digital Science and Technology) and the Institut Polytechnique de Paris (IP Paris) sign a Memorandum of Understanding (MoU) in order to establish a strengthened partnership, with the creation of the "Inria Center of the Institut Polytechnique de Paris". The MoU identifies and defines the first major collaborative projects on future research topics. The Memorandum of Understanding (MoU) is signed by Bruno Sportisse, Chairman and CEO of Inria, and Eric Labaye, President of the Institut Polytechnique...

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Turning straw into gold?

gold straw

Turning straw into gold?

Turning straw into gold? A more profitable and eco-friendly method for turning biomass into biochemicals and green hydrogen. SASKATOON – Many have dreamed of being able to turn straw into gold like the fabled Rumpelstiltskin. While this may not be possible in the literal sense, scientists are using sunlight to turn straw into something more valuable. With the aid of technology from the Canadian Light Source (CLS) at the University of Saskatchewan, Canadian researchers have made important advances to use the power of the sun to convert biomass like wheat straw into hydrogen fuel and value-added biochemicals. This method is...

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Snack and Bakery Industry to Generate $400 Billion in 2020 Annual Retail Sales

Bakery industry Snack

Snack and Bakery Industry to Generate $400 Billion in 2020 Annual Retail Sales

Snack and Bakery Industry to Generate $400 Billion in 2020 Annual Retail Sales The pandemic bump has driven the snack and bakery industry to new heights. The total worldwide retail sales revenue from the industry is expected to surpass $400 billion in 2020. According to the research data analyzed and published by Finaria, a huge chunk of the revenue is set to come from the top 25 snack and bakery companies by annual revenue worldwide. Top 25 Food and Beverage Companies Net $91 Billion in Profit With $101.5 billion in revenue in 2019, Nestle is listed as the top company...

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Bitcoin hits all-time high, surging past $20,000: deVere Crypto exchange

all time high bitcoin

Bitcoin hits all-time high, surging past $20,000: deVere Crypto exchange

Bitcoin hits all-time high, surging past $20,000: deVere Crypto exchange   Bitcoin reached an “all-time price high” by surging past $20,000 on Wednesday afternoon on the deVere Crypto exchange, it is revealed. Just after 1 pm GMT, the price of the world’s largest cryptocurrency by market capitalisation was $20,637.18 according to the app owned by deVere Group, one of the world’s largest independent financial advisory and fintech organisations. Two weeks ago, it was widely reported that Bitcoin nearly hit the all-time high of $19,850 in December 2017. Of the milestone, Nigel Green, founder and CEO of deVere says: “We’ve been saying for...

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