Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at Cape Town’s push to become a business-processing hub. Also: Iran hit a fully laden Kuwaiti oil tanker off Dubai Top African gold producer wants to raise local ownership of mines And finally, a South Africa-born billion...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at Cape Town’s push to become a business-processing hub. Also: Iran hit a fully laden Kuwaiti oil tanker off Dubai Top African gold producer wants to raise local ownership of mines And finally, a South Africa-born billionaire sells US business Cape Town’s Latest Bid For the past two decades, Cape Town has partly relied on a rapidly expanding call-center industry to cut its unemployment rate to the lowest of South Africa’s eight biggest cities. Now, in addition to the plentiful but low-paying jobs that the centers provide, it wants to tap into the growing trend for international companies to build business-process hubs in cheaper locations. Those conduct sophisticated functions — such as managing risk — at scale. The drive to create a so-called global capability center sector — which will be valued at $413 billion by 2030, according to EY research — is a commendable effort to create higher-paying positions in a deeply unequal society. But South Africa’s second-largest city has a mountain to climb if it’s to compete with the scale and low costs of locations such as India, which has 1,700 of the operations conducting complex business tasks for corporate giants such as Goldman Sachs and Rolls Royce. But the tourism hub does have its advantages. Its business-process outsourcing sector, which runs call and contact centers for US healthcare companies and European retailers, has attracted some of the top names in that industry. They’ve been drawn by a location with a similar time zone to Europe and a population where many people are proficient in English. If it is successful in entering the global capability center industry, it can also tap into the skills available in the country’s well-developed financial, accounting and legal fields. Only time will tell whether that’s enough for the city on the ...
Most index investors own the S&P 500 and think they own “the market.” They don’t. The S&P 500 covers roughly 500 of the largest U.S. companies, leaving out several thousand mid-, small-, and micro-cap stocks that make up a meaningful slice of total U.S. equity value. Vanguard Extended Market Index Fund ETF Shares (NYSEARCA:VXF) exists ... Vanguard’s VXF Captured 194% Over 10 Years While Holding St...
Most index investors own the S&P 500 and think they own “the market.” They don’t. The S&P 500 covers roughly 500 of the largest U.S. companies, leaving out several thousand mid-, small-, and micro-cap stocks that make up a meaningful slice of total U.S. equity value. Vanguard Extended Market Index Fund ETF Shares (NYSEARCA:VXF) exists ... Vanguard’s VXF Captured 194% Over 10 Years While Holding Stocks the S&P 500 Ignores
PLAINVIEW, N.Y., March 31, 2026 (GLOBE NEWSWIRE) -- Vaso Corporation (“Vaso”) (OTCQX: VASO), a leading MedTech company with a diversified business portfolio in network and IT services, professional sales services, and proprietary medical products, today announced its operating results for the three months and year ended December 31, 2025.
PLAINVIEW, N.Y., March 31, 2026 (GLOBE NEWSWIRE) -- Vaso Corporation (“Vaso”) (OTCQX: VASO), a leading MedTech company with a diversified business portfolio in network and IT services, professional sales services, and proprietary medical products, today announced its operating results for the three months and year ended December 31, 2025.
SCOTTSDALE, Ariz., March 31, 2026 (GLOBE NEWSWIRE) -- Transglobal Management Group, Inc. (“TMGI” or the “Company”) (OTCID:TMGI) today announced strong financial results for the third fiscal quarter ended February 28, 2026, highlighted by significant growth from its Stand-By Golf platform.
SCOTTSDALE, Ariz., March 31, 2026 (GLOBE NEWSWIRE) -- Transglobal Management Group, Inc. (“TMGI” or the “Company”) (OTCID:TMGI) today announced strong financial results for the third fiscal quarter ended February 28, 2026, highlighted by significant growth from its Stand-By Golf platform.
BING-JHEN HONG/iStock Editorial via Getty Images Just before the release of Nvidia’s ( NVDA ) earnings report for Q4 last month, I published a bullish article on the company in which I stated that the company has plenty of growth catalysts in the foreseeable future. While Nvidia’s shares have been depreciating in recent weeks despite the release of the fairly strong earnings report, I’m still opti...
BING-JHEN HONG/iStock Editorial via Getty Images Just before the release of Nvidia’s ( NVDA ) earnings report for Q4 last month, I published a bullish article on the company in which I stated that the company has plenty of growth catalysts in the foreseeable future. While Nvidia’s shares have been depreciating in recent weeks despite the release of the fairly strong earnings report, I’m still optimistic about the business’s future. The company’s Q1 guidance was greater than the street had expected, while the new orders from China have just been announced and have the potential to boost revenues even more this year. At the same time, the expected record spending on AI by hyperscalers, along with the release of more advanced chips, will likely create new growth opportunities and strengthen Nvidia’s edge over its competitors even more. Therefore, the depreciation of Nvidia’s stock in the last month could be attributed more to the negative impact of various macro developments that have affected the performance of the overall stock market. That’s why it’s also safe to assume that Nvidia’s growth is far from over, and it has the potential to create additional shareholder value in the years to come. Why I’m Even More Bullish About Nvidia’s Future As expected, Nvidia has shown great performance in Q4. During the quarter, its revenues were $68.13 billion, up 73.2% Y/Y and above the estimates by $1.9 billion. The non-GAAP EPS of $1.62 was also above the expectations by $0.08. More importantly, the revenue guidance for Q1 of around $78 billion was greatly above the street’s expectations of $72.78 billion. The fact that the stock has recently depreciated despite such a great performance is nothing new. Ever since I started to actively cover Nvidia here on Seeking Alpha in the last few years, I noticed that there’s constantly a period of a stock selloff after the major earnings beat. In part, this is caused by the worsening of the macro environment. At the same time, it’s partia...
AutumnSkyPhotography/iStock Editorial via Getty Images Qualcomm: Memory As The Achilles Heel It’s hard to imagine the stock of Qualcomm ( QCOM ) has dropped so hard that it is now firmly in a bear market. Am I about to have a tinge of regret that I had decided to keep my bullish views on QCOM stock back in December last year? I decided to give more credence to its momentum in the AI buildout, give...
AutumnSkyPhotography/iStock Editorial via Getty Images Qualcomm: Memory As The Achilles Heel It’s hard to imagine the stock of Qualcomm ( QCOM ) has dropped so hard that it is now firmly in a bear market. Am I about to have a tinge of regret that I had decided to keep my bullish views on QCOM stock back in December last year? I decided to give more credence to its momentum in the AI buildout, given how early the company is in the game and its significant potential to gain share against its more illustrious peers. But I didn’t quite expect that the snafu in its smartphone business has returned to center stage, as the industry grapples not only with already languid growth but also with the voracious appetite for memory chips by its data center-focused peers. So, the AI growth story has been set aside (for now at least) as we shift our lens back to the core business. So, we do have to rethink what really hit Qualcomm so hard in the past few months that completely flipped its bullish narrative into the reverse. QCOM, down almost 40% from the October peak, now faces more skepticism than over the past year, as Wall Street has also gone into hiding, worried about how the unfolding memory crisis is about to hit smartphone chipset makers like Qualcomm well into the next couple of years. QCOM price target (Seeking Alpha) As you can see from the above chart, the lowered price targets have also aligned with QCOM mostly being downgraded to the neutral level by most analysts. At this point, I wouldn't blame you if you were to feel obliged to join them. After all, management didn't shy away as they mentioned that the memory challenges have clearly affected smartphone shipments. Also, in China, where the OEM makers already face a more challenging consumer spending climate, they now have more problems to grapple with. So I think it's fair to say that it's a double whammy of sorts. I think the multi-million-dollar question now is whether we are nearing the end of the memory upcycle, ...
BING-JHEN HONG/iStock Editorial via Getty Images Just before the release of Nvidia’s ( NVDA ) earnings report for Q4 last month, I published a bullish article on the company in which I stated that the company has plenty of growth catalysts in the foreseeable future. While Nvidia’s shares have been depreciating in recent weeks despite the release of the fairly strong earnings report, I’m still opti...
BING-JHEN HONG/iStock Editorial via Getty Images Just before the release of Nvidia’s ( NVDA ) earnings report for Q4 last month, I published a bullish article on the company in which I stated that the company has plenty of growth catalysts in the foreseeable future. While Nvidia’s shares have been depreciating in recent weeks despite the release of the fairly strong earnings report, I’m still optimistic about the business’s future. The company’s Q1 guidance was greater than the street had expected, while the new orders from China have just been announced and have the potential to boost revenues even more this year. At the same time, the expected record spending on AI by hyperscalers, along with the release of more advanced chips, will likely create new growth opportunities and strengthen Nvidia’s edge over its competitors even more. Therefore, the depreciation of Nvidia’s stock in the last month could be attributed more to the negative impact of various macro developments that have affected the performance of the overall stock market. That’s why it’s also safe to assume that Nvidia’s growth is far from over, and it has the potential to create additional shareholder value in the years to come. Why I’m Even More Bullish About Nvidia’s Future As expected, Nvidia has shown great performance in Q4. During the quarter, its revenues were $68.13 billion, up 73.2% Y/Y and above the estimates by $1.9 billion. The non-GAAP EPS of $1.62 was also above the expectations by $0.08. More importantly, the revenue guidance for Q1 of around $78 billion was greatly above the street’s expectations of $72.78 billion. The fact that the stock has recently depreciated despite such a great performance is nothing new. Ever since I started to actively cover Nvidia here on Seeking Alpha in the last few years, I noticed that there’s constantly a period of a stock selloff after the major earnings beat. In part, this is caused by the worsening of the macro environment. At the same time, it’s partia...
AutumnSkyPhotography/iStock Editorial via Getty Images Qualcomm: Memory As The Achilles Heel It’s hard to imagine the stock of Qualcomm ( QCOM ) has dropped so hard that it is now firmly in a bear market. Am I about to have a tinge of regret that I had decided to keep my bullish views on QCOM stock back in December last year? I decided to give more credence to its momentum in the AI buildout, give...
AutumnSkyPhotography/iStock Editorial via Getty Images Qualcomm: Memory As The Achilles Heel It’s hard to imagine the stock of Qualcomm ( QCOM ) has dropped so hard that it is now firmly in a bear market. Am I about to have a tinge of regret that I had decided to keep my bullish views on QCOM stock back in December last year? I decided to give more credence to its momentum in the AI buildout, given how early the company is in the game and its significant potential to gain share against its more illustrious peers. But I didn’t quite expect that the snafu in its smartphone business has returned to center stage, as the industry grapples not only with already languid growth but also with the voracious appetite for memory chips by its data center-focused peers. So, the AI growth story has been set aside (for now at least) as we shift our lens back to the core business. So, we do have to rethink what really hit Qualcomm so hard in the past few months that completely flipped its bullish narrative into the reverse. QCOM, down almost 40% from the October peak, now faces more skepticism than over the past year, as Wall Street has also gone into hiding, worried about how the unfolding memory crisis is about to hit smartphone chipset makers like Qualcomm well into the next couple of years. QCOM price target (Seeking Alpha) As you can see from the above chart, the lowered price targets have also aligned with QCOM mostly being downgraded to the neutral level by most analysts. At this point, I wouldn't blame you if you were to feel obliged to join them. After all, management didn't shy away as they mentioned that the memory challenges have clearly affected smartphone shipments. Also, in China, where the OEM makers already face a more challenging consumer spending climate, they now have more problems to grapple with. So I think it's fair to say that it's a double whammy of sorts. I think the multi-million-dollar question now is whether we are nearing the end of the memory upcycle, ...
PM Images/DigitalVision via Getty Images Manager perspective and outlook Macroeconomic conditions during the quarter were characterized by monetary easing, though inflationary pressures persisted across major economies. The US Federal Reserve cut the federal funds rate in October and December in response to labor market weakness, though inflation remained above target. While macroeconomic conditio...
PM Images/DigitalVision via Getty Images Manager perspective and outlook Macroeconomic conditions during the quarter were characterized by monetary easing, though inflationary pressures persisted across major economies. The US Federal Reserve cut the federal funds rate in October and December in response to labor market weakness, though inflation remained above target. While macroeconomic conditions supported US real estate in some respects, the sector's performance was weaker due in part to reduced expectations for central bank easing against a backdrop of sticky inflation data. US real estate securities delivered a negative absolute return and underperformed broader US equities, which recorded positive returns for the quarter. Our outlook for US listed real estate remains cautiously constructive as monetary policy has remained accommodative. Valuations of US real estate currently reflect discounts relative to both broader equities and long-term net asset value averages. This suggests a potentially attractive entry point as historical gaps often narrow during periods of GDP growth and economic recovery. Fundamentals appear strongest in data centers, senior housing and industrial sectors, while the office segment may face ongoing structural headwinds. Top issuers - (% of total market value) Fund Index Welltower Inc ( WELL ) 8.53 9.48 Prologis Inc ( PLD ) 7.66 8.80 American Tower Corp ( AMT ) 7.05 6.10 Digital Realty Trust Inc ( DLR ) 5.95 3.95 Equinix Inc ( EQIX ) 4.84 5.56 Crown Castle Inc ( CCI ) 4.70 2.86 Extra Space Storage Inc ( EXR ) 3.62 2.04 Simon Property Group Inc ( SPG ) 3.53 4.46 First Industrial Realty Trust Inc ( FR ) 3.37 0.54 W.P. Carey Inc ( WPC ) 3.04 1.04 Click to enlarge As of 12/31/25. Holdings are subject to change and are not buy/sell recommendations. Portfolio positioning While the fund has remained broadly diversified, its allocation reflects a preference for sectors we believe will experience structural growth such as data centers, health c...
Trevor Williams/DigitalVision via Getty Images Commentary as of 12/31/25 The fund posted returns of -1.13% (Institutional shares) and -1.19% (Investor A shares, without sales charge) for the fourth quarter of 2025. The fund's relative performance was driven by security selection. At the industry level, active positioning in software was the largest contributor to relative returns, while semiconduc...
Trevor Williams/DigitalVision via Getty Images Commentary as of 12/31/25 The fund posted returns of -1.13% (Institutional shares) and -1.19% (Investor A shares, without sales charge) for the fourth quarter of 2025. The fund's relative performance was driven by security selection. At the industry level, active positioning in software was the largest contributor to relative returns, while semiconductors detracted. During the quarter, the fund extended its positioning across key enablers of digital infrastructure and advanced computing. Positions were initiated in memory and semiconductor manufacturing companies. Contributors Detractors An off-benchmark position in Alphabet was the largest contributor to active performance. The internet company rallied after its third-quarter results beat expectations, showing resilient search and YouTube advertising growth, and accelerating Google Cloud revenue (+34% year-on-year), with improving profitability. Not holding Micron Technology was the largest detractor from relative returns. The stock rose sharply as artificial intelligence data center development drove a step change in demand for high-performance dynamic random-access memory and high-bandwidth memory, tightening industry supply and boosting memory pricing and profitability. Click to enlarge Further insight During the quarter, the fund extended its positioning across key enablers of digital infrastructure and advanced computing. Holdings were initiated in memory and semiconductor manufacturing companies, led by a meaningful addition to SK Hynix and complemented by positions in Cisco Systems and Lumentum, which reflected an emphasis on computing, connectivity, and optical components. Average annual total returns (%) as of 12/31/25 4Q25(not annualized) YTD(not annualized) 1 Year 3 Year 5 Years 10 Years Institutional -1.13 19.83 19.83 34.26 8.37 20.91 Investor A (Without Sales Charge) -1.19 19.54 19.54 33.91 8.10 20.61 Investor A (With Sales Charge) -6.38 13.26 13.26 31.53 ...
EssilorLuxottica and Meta Expand AI Glasses Portfoliowith Ray-Ban Meta Optics Styles Paris, France and Menlo Park, CA (31 March 2026) – EssilorLuxottica and Meta announce the expansion of their AI glasses portfolio with the introduction of Ray-Ban Meta’s new line of optical-first styles designed for prescription wearers. Through their multiyear partnership, the two companies have brought an entire...
EssilorLuxottica and Meta Expand AI Glasses Portfoliowith Ray-Ban Meta Optics Styles Paris, France and Menlo Park, CA (31 March 2026) – EssilorLuxottica and Meta announce the expansion of their AI glasses portfolio with the introduction of Ray-Ban Meta’s new line of optical-first styles designed for prescription wearers. Through their multiyear partnership, the two companies have brought an entire AI glasses category to life with Ray-Ban Meta; the performance AI glasses Oakley Meta HSTN and Oakl
SEATTLE, March 31, 2026--Amazon (AMZN) today announced a new Prime Business Card and a new Amazon Business Card, coming this spring, offering U.S. customers more ways than ever to save along with a suite of new features designed for small business customers. The cards will be issued by U.S. Bank (USB) as part of the Mastercard (MA) network.
SEATTLE, March 31, 2026--Amazon (AMZN) today announced a new Prime Business Card and a new Amazon Business Card, coming this spring, offering U.S. customers more ways than ever to save along with a suite of new features designed for small business customers. The cards will be issued by U.S. Bank (USB) as part of the Mastercard (MA) network.
Also , an electric bike and transportation startup spun out of Rivian Automotive Inc. , has reached a $1 billion valuation in a new funding round, and has struck a partnership with DoorDash Inc. to work on autonomous deliveries. The financing brought in $200 million for Palo Alto, California-based Also and was led by existing investor Greenoaks Capital. Other backers included Prysm and DoorDash, t...
Also , an electric bike and transportation startup spun out of Rivian Automotive Inc. , has reached a $1 billion valuation in a new funding round, and has struck a partnership with DoorDash Inc. to work on autonomous deliveries. The financing brought in $200 million for Palo Alto, California-based Also and was led by existing investor Greenoaks Capital. Other backers included Prysm and DoorDash, the company plans to announce Tuesday. Also is a micromobility startup initially incubated within electric car company Rivian. It develops small electric vehicles including a premium e-bike for consumers and a four-wheeled variant for commercial uses like delivery. Also unveiled its products in October, after launching with $105 million in funding from Rivian and venture firm Eclipse. “A big part of this was taking the opportunity to make sure we are well capitalized to execute,” Also President Chris Yu said in an interview. Read More: Rivian Mobility Spinoff Readies $4,500 E-Bike as First Product Alongside the investment, Also is partnering with DoorDash on a multiyear effort to help develop and build out autonomous last-mile delivery. As a part of the new funding round, DoorDash co-founder and the head of its research lab, Stanley Tang , will join Also as a board observer. “Autonomy in this particular environment hasn’t really been fully solved for yet,” Yu said, citing places like bike lanes, curbs and the shoulders of roads as difficult for computers to navigate. That hasn’t stopped delivery companies from racing to experiment with unmanned drop-offs. DoorDash is ramping up investment in new products and artificial intelligence, including its in-house delivery robot Dot for sidewalk and suburban use. It’s also partnering with autonomous delivery firms including Serve Robotics, Coco Robotics and Alphabet Inc.’s Wing drone unit. Unlike a regular bike, Also’s products currently have pedal-by-wire drive systems — with no mechanical gears. On both the startup’s two-wheeled bi...
Amazon is giving you a new way to order food through Grubhub and Uber Eats with Alexa without having to endure an awkward exchange just to add fries. Amazon said the entire process is meant to be conversational, building your order in a similar manner to ordering in a restaurant. That means changing your order, modifying an item, or adding a drink mid-conversation is as simple as saying so, withou...
Amazon is giving you a new way to order food through Grubhub and Uber Eats with Alexa without having to endure an awkward exchange just to add fries. Amazon said the entire process is meant to be conversational, building your order in a similar manner to ordering in a restaurant. That means changing your order, modifying an item, or adding a drink mid-conversation is as simple as saying so, without having to wait for Alexa to finish talking. Amazon said Alexa will only step in when you need help or have questions. "For years, voice assistants have operated on a call-and-response model: you ask, it answers," Amazon said in a press release … Read the full story at The Verge.
Nvidia has launched the next major update for its Deep Learning Super Sampling (DLSS) feature, introducing AI-powered frame generation modes for supported GeForce RTX graphics cards. These DLSS 4.5 upgrades are included in the new Nvidia app beta update starting today, allowing players to improve performance and image quality across more than 20 gaming titles . The main standout of DLSS 4.5 is its...
Nvidia has launched the next major update for its Deep Learning Super Sampling (DLSS) feature, introducing AI-powered frame generation modes for supported GeForce RTX graphics cards. These DLSS 4.5 upgrades are included in the new Nvidia app beta update starting today, allowing players to improve performance and image quality across more than 20 gaming titles . The main standout of DLSS 4.5 is its 6x Multi Frame Generation feature for users with RTX 50-series GPUs. Nvidia says this mode uses its second-generation transformer AI model to generate "five additional frames for every single natively rendered one," with "minimal impact" to respons … Read the full story at The Verge.
The AirPods Max 2 have some updates on the inside, but look identical to the original AirPods Max. | Photo by Amelia Holowaty Krales / The Verge It's been over five years since the original AirPods Max came out. A minor hardware update in 2024 brought new colors and changed the Lightning port to USB-C (to meet EU regulations), and an update last year added lossless audio and ultra-low latency. But...
The AirPods Max 2 have some updates on the inside, but look identical to the original AirPods Max. | Photo by Amelia Holowaty Krales / The Verge It's been over five years since the original AirPods Max came out. A minor hardware update in 2024 brought new colors and changed the Lightning port to USB-C (to meet EU regulations), and an update last year added lossless audio and ultra-low latency. But a new version was still well overdue. The $549 AirPods Max 2 sound incredible thanks to a new built-in amp, the internal chip has been upped from the H1 to the H2, and noise-canceling performance competes against the best Sony and Bose have to offer. But the AirPods Max 2 are an upgrade, not a reimagining. They look identical to the first-gen AirPods Max, and have many of the same problem … Read the full story at The Verge.
Samsung is starting to roll out blood pressure tracking to its smartwatch users in the US, after several years of the feature being available elsewhere. The update is available on Galaxy Watch 4 models or later running at least WatchOS 4.0, and enables users to monitor their heart rate alongside systolic and diastolic blood pressure. The feature doesn't allow supported Galaxy Watches to measure bl...
Samsung is starting to roll out blood pressure tracking to its smartwatch users in the US, after several years of the feature being available elsewhere. The update is available on Galaxy Watch 4 models or later running at least WatchOS 4.0, and enables users to monitor their heart rate alongside systolic and diastolic blood pressure. The feature doesn't allow supported Galaxy Watches to measure blood pressure independently; however - it requires an additional third-party cuff to determine baseline blood pressure levels and take periodic recalibrations every 28 days. This limitation was also seen when Samsung rolled out blood pressure tracki … Read the full story at The Verge.
SUNNYVALE, Calif., March 31, 2026--Azul, the trusted leader in enterprise Java for today’s AI and cloud-first world, today highlighted growing security risks for enterprises relying on free, unsupported Java runtimes. Azul demonstrated how the accelerating speed of vulnerability exploitation, combined with slow enterprise patch cycles, is creating a widening window of exposure for organizations wi...
SUNNYVALE, Calif., March 31, 2026--Azul, the trusted leader in enterprise Java for today’s AI and cloud-first world, today highlighted growing security risks for enterprises relying on free, unsupported Java runtimes. Azul demonstrated how the accelerating speed of vulnerability exploitation, combined with slow enterprise patch cycles, is creating a widening window of exposure for organizations without commercial Java support.
SAN FRANCISCO, March 31, 2026--Samsara (NYSE: IOT), the pioneer of the Connected Operations Platform, today announced it will participate in HumanX 2026, the world’s premier AI conference. On Wednesday, April 8, 2026, at the Moscone Center, Samsara is defining the next frontier of physical AI—the integration of artificial intelligence into the physical systems that power the world’s infrastructure...
SAN FRANCISCO, March 31, 2026--Samsara (NYSE: IOT), the pioneer of the Connected Operations Platform, today announced it will participate in HumanX 2026, the world’s premier AI conference. On Wednesday, April 8, 2026, at the Moscone Center, Samsara is defining the next frontier of physical AI—the integration of artificial intelligence into the physical systems that power the world’s infrastructure. Serving as a crucial orchestration layer between autonomous vehicles (AVs), robotics, and human-le
LONG ISLAND, N.Y., March 31, 2026--PayMore launches Spring Cleaning promotion encouraging consumers to sell electronics, trade in Apple devices and gaming systems ahead of Earth Day.
LONG ISLAND, N.Y., March 31, 2026--PayMore launches Spring Cleaning promotion encouraging consumers to sell electronics, trade in Apple devices and gaming systems ahead of Earth Day.
LAS VEGAS, March 31, 2026--Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that Lotte Rental, South Korea’s leading car rental company, has selected Rimini Street to provide support for its Oracle and SAP systems.
LAS VEGAS, March 31, 2026--Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that Lotte Rental, South Korea’s leading car rental company, has selected Rimini Street to provide support for its Oracle and SAP systems.