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Freelancing is the new normal: oDesk and the future of the workforce marketplace

The Next Web

Among other fastest-growing client countries one can also find Latvia, Pakistan, Romania, Lithuania, and Malaysia. The hot skill you definitely see higher demand from is mobile development, both the hours worked and rates in mobile have been increasing over time,” Cooper emphasized.

Russia 151
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SumUp raises $895M in debt to double down on its B2C payments business

TechCrunch

Today it announced financing totalling €750 million (around $895 million at today’s rates), money that it will be using to continue expanding its business — specifically, for acquisitions; to launch in new markets in Europe, Latin America and Asia; and to build out the suite of services that it provides to businesses.

Business 120
professionals

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Samsung launches EKG support for latest Galaxy Watch devices in 31 more countries

The Verge

Samsung first announced last month it would be adding the features to its latest Galaxy Watch devices through software updates, considering both smartwatches have the requisite sensors used for measuring heart rate and blood pressure and performing an EKG. Image: Samsung.

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Revolut reports first full year of profit

TechCrunch

its home country), the company now has a full banking license in Lithuania. First, let’s look at the big figures and convert them to dollars using today’s exchange rate: In 2021, Revolut generated $769 million (£636 million) in revenue vs. $266 million (£220 million) in 2020.

Profit 93
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Y Combinator widens its bet in edtech in latest batch

TechCrunch

Turing College: The Lithuania-based online data science school uses income-share agreements to bring affordability to education. However, the pandemic did show how much community and network enhances a school experience. There were bets on the infrastructure of how courses get done online, from course creation to completion.

India 108
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Grover grabs $330M to double down on the circular economy with consumer electronics subscriptions

TechCrunch

And it’s a movement that is playing out in other categories, too, with Vinted (out of Lithuania) now valued at $4.5 billion for its used-clothes marketplace. “It’s a huge business, one that is even overtaking primary in some markets.” ” Cassau said he sees Back Market as a key competitor in its area.

Austria 86
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Despite remote work and the economic downturn, some companies look to London for expansion

TechCrunch

This includes tax incentives such as the lowest corporation tax rate among G7 countries , in addition to “some of the world’s most competitive research and development tax credits ,” she said. But for every yin, there’s a yang. Financial independence.