LONDON, UK: Hawkwing plc has provided Internet Fusion Group Limited with a secured loan of £13.7 million to fund two acquisitions and the associated transaction costs of these acquisitions. The Acquisitions Northcore Limited Northcore is an outdoor surf accessories and lifestyle clothing brand which generated revenue of £2.2 million (unaudited) and EBITDA of £0.4 million…
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Online channels account for record 28 percent of global smartphone sales in 2020
BOSTON: According to the latest research from Strategy Analytics, online retail channels will account for a record 28 percent share of all smartphones sold worldwide in 2020, soaring from 24 percent in 2019. Coronavirus is having a major impact on the distribution of smartphones, with local quarantines and social distancing forcing consumers to change their…