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By this, I mean further reducing low-margin resale revenue and driving a higher level of services, including those directly associated with AI and automation. Our results continue to be impacted by the year-to-year decline of resale revenues, which was 90 basis points of the 4.5% Our financial focus is on improving the business mix.
Series A in Peruvian edtech Crehana, with participation from Endeavor Catalyst, IFC, and Salesforce Ventures, bringing the companys total round of funding to US$23m after Acumen Latam Capital Partners led an undisclosed investment in May 2020. FUNDS > #AGTECH SP Ventures reached a US$25m second close for AgVentures II, with a ~US$7.3m
Our track record of delivery for this customer over many years helped secure this deal, as did our ability to offer a comprehensive, flexible, and streamlined solution that includes automation and security bestpractices. Staying with the ALM business, we are partnering with the U.S. Turning to Capital Allocation.
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