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GoDaddy Research: Canberra Outperforms Australia’s Largest Cities in Entrepreneurship

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GoDaddy’s Venture Forward research reveals Canberra is top in online microbusiness density with 32 online microbusinesses per 100 residents.Australia’s largest cities Sydney and Melbourne ranked fourth and fifth, respectively, amongst the top 20 regions.Canberra boasts almost double the number of online microbusinesses per 100 residents compared to the constituency of Cities of London and Westminster in the UK.Venture Forward analyses data from more than a million online microbusinesses globally.

SYDNEY, June 5, 2024 /PRNewswire/ — Canberra is the online microbusiness epicentre of Australia, with its density of online microbusinesses surpassing Australia’s largest cities, Sydney and Melbourne.

Venture Forward, GoDaddy’s international research initiative that studies the economic impacts of small businesses and the attitudes of the owners who start and run them, analyses data from more than 300,000 Australian online microbusinesses, giving every Level 3 Statistical Area in Australia a “Microbusiness Density” score.

Canberra has the highest number of online microbusinesses per 100 residents
The data outlines the concentration of online microbusinesses, which typically employ ten or fewer people, relative to population density. Canberra is Australia’s leader with 31.9 online microbusinesses per 100 residents as of December 2023.

Sarah McPhillips, owner of hair salon Matriarch Hair, consulting business Sarah McPhillips Consulting and currently setting up new venture Trichology, believes Canberra is a unique place to run a business: “It’s primarily a public service town, so entrepreneurs are able to get an amazing support network of government and other small businesses through bodies like the Canberra Business Chamber or Canberra Women in Business, of which I’m a member. This support means entrepreneurs get the help they need to navigate the challenges of running their own business while positively contributing to local communities. It also means that people are inclined to enjoy both the benefits of a public service salary and the flexibility of a side hustle.

“Having an online presence has been invaluable in helping my businesses grow, not only financially but also to reach out to more clients and supporters. Most of my new clients come to my businesses based on what they see on the website – it’s a crucial tool to communicate who we are and what we do. I’m currently working on an online shop and hope to make it a key part of my salon and latest venture.”

Beyond Canberra, a diverse array of regions emerged, highlighting representation of online microbusinesses across states. The Gold Coast boasts 11.5 online microbusinesses per 100 residents, Adelaide City follows with 5.6 and Sydney City and Melbourne City registering 5.4 and 4.8 respectively, highlighting the entrepreneurial spirit across some of Australia’s key urban hubs.

Top 20 regions from GoDaddy’s results spread across the country
The top 20 regions for online microbusiness density show representation across most states. New South Wales is home to seven of the highest placed regions, closely followed by Queensland with six regions and Victoria home to five regions on the list. 

The research found that online microbusinesses generate significant earning potential for Australian entrepreneurs, with a notable 21% earning over $10,000 a year. Moreover, findings revealed that 40% of online microbusinesses serve customers nationwide, while 29% primarily cater to local markets within their own state or territory.

GoDaddy’s Venture Forward study also identified the employment impact of these online microbusinesses, with 40% of respondents being fully employed by their ventures and 35% planning to hire 1-3 new employees within the next year – which may well help bolster job growth in the economy and create promising employment opportunities across Australia.

Australia a strong player on the global stage
The results of the research have shed light on Australia’s entrepreneurial landscape and its positioning against other markets studied as part of GoDaddy’s research initiative. For example, the UK’s top performing constituency of Cities of London and Westminster had 17 online microbusinesses per 100 residents, which is just over half the number that Canberra reported.

Suzanne Mitchell, Australia Market Lead for GoDaddy, adds:
“Venture Forward microbusiness density data demonstrates the sheer prevalence of online microbusinesses across Australia. They have the power to help grow the economy, and also the potential to provide new jobs and opportunity in their local communities. This data suggests that right now, our capital Canberra is the heart of a thriving online microbusiness community.

“There are very few research studies that focus specifically on companies with under 10 employees in Australia. GoDaddy aims to change that by sharing this data with businesses and policymakers, helping them to make informed decisions about entrepreneurs and the challenge and opportunities they face.”

NOTES

Top 20 Australian regions for microbusiness density
[source GoDaddy Venture Forward, 2024]
Rank

Area

State

Microbusiness Density

1st

Canberra East

ACT

31.950207

2nd

Gold Coast Hinterland

QLD

11.510297

3rd

Adelaide City

SA

5.6108456

4th

Sydney Inner City

NSW

5.450892

5th

Melbourne City

VIC

4.8154364

6th

Yarra

VIC

4.6323028

7th

North Sydney – Mosman

NSW

4.373343

8th

Eastern Suburbs – North

NSW

4.0648189

9th

Broadbeach – Burleigh

QLD

4.0465779

10th  

Stonnington – West

VIC

3.773674

11th

Hawkesbury

NSW

3.6773474

12th

Port Phillip

VIC

3.6178932

13th

Brisbane Inner

QLD

3.5248845

14th

Manly

NSW

3.3539803

15th

Brisbane Inner – North

QLD

3.2144015

16th

Pittwater

NSW

3.167613

17th

Surfers Paradise

QLD

3.1144063

18th

Tumut – Tumbarumba

NSW

3.080426

19th

Maroochy

QLD

2.9936316

20th

Richmond – Windsor

VIC

2.9736085

About GoDaddy  
GoDaddy helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a professional website, sell their products and services, and accept payments online and in-person. GoDaddy’s easy-to-use tools help microbusiness owners manage everything in one place. To learn more about the company, visit www.GoDaddy.com.

About Venture Forward
Venture Forward is a multi-year research initiative, which analyses data from over 300,000 Australian microbusinesses – conducted by GoDaddy to quantify the impact of these microbusinesses on the Australian economy and their local communities.

Logo – https://mma.prnewswire.com/media/819539/GoDaddy_Logo.jpg

View original content:https://www.prnewswire.com/apac/news-releases/godaddy-research-canberra-outperforms-australias-largest-cities-in-entrepreneurship-302163447.html

SOURCE GoDaddy

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SpaceX perpetual futures become Binance’s No. 2 traded product; Binance captures over 60% market share across CEX and DEX venues

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Binance exceeded $5.6 billion in SPCXUSDT trading volume over last 24 hours, with over $9 billion in accumulated trading volume across SpaceX’s Pre-IPO and post-public listing

ABU DHABI, UAE, June 13, 2026 /PRNewswire/ — Binance has captured over 60% market share for SpaceX derivatives trading across centralized and decentralized exchanges, establishing itself as the leading liquidity venue for the product.

SpaceX perpetual futures (SPCXUSDT) are now Binance’s second–largest traded product, after Bitcoin perpetuals, reflecting strong global demand for exposure to major public–market events.

Binance also offers SpaceX stock and bStock tokenized securities, giving users greater portfolio diversification and hedging opportunities.

Key highlights

SpaceX perpetual futures became Binance’s No. 2 traded product, reflecting significant global demand for exposure to SpaceX’s public market debut.Binance captured >60% market share across CEX and DEX venues for SpaceX derivatives trading.Binance recorded over $5.6 billion in SPCXUSDT trading volume over the last 24 hours, as of June 13, 9:00 AM UTC (Coinglass, CoinMarketCap).Binance leads all CEX and DEX venues in SPCXUSDT Open Interest at $167.22 million (one-sided count).Binance recorded over $9 billion in accumulated SPCXUSDT trading volume across SpaceX’s Pre-IPO and post-public listing on Nasdaq.Binance successfully transitioned the Pre–IPO Perpetual into a standard TradFi Perpetual following SpaceX’s Nasdaq listing, with orderly price discovery anchored to publicly available valuation signals, share-count data, and market expectations.After SpaceX disclosed a higher share count in its S-1/A filing, Binance was the only exchange to successfully rebase its SpaceX Pre-IPO Perpetual contract to ensure users were not negatively impacted by dilution.

“SpaceX’s public listing was one of the most closely watched market events globally. SpaceX derivatives have become Binance’s second–largest traded product, capturing more than 60% market share across CEX and DEX venues, and demonstrating the appeal of our liquidity and product design,” said Shunyet Jan, Head of Spot and Derivatives Business at Binance.

“Our range of products — Pre–IPO futures, standard TradFi futures, stock trading, and tokenized securities — lets users access opportunities across different market lifecycles. This performance underlines our belief that better accessibility unlocks latent demand.”

Binance now offers over 7,000 stocks and ETFs for trading, alongside a broad range of digital assets, moving closer to its vision for a multi-asset financial super app that connects users to global market opportunities.

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. TradFi Perps are subject to high market risk and price volatility (particularly outside traditional market hours). In respect of Pre-IPO Perps which are subject to transition to TradFi Perp, there may be particular price volatility following official listing of the Underlying Asset and the share price may not ever reach the Final IPO Price. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. TradFi Perps do not represent ownership of the relevant underlying asset. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use, Exchange Rules, Clearing Rules, Exchange Procedures, Clearing Procedures, relevant Contract Specifications  and Risk Warning.

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 320 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com.

SOURCE Binance

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LaVivid Hair Introduces Sports Hair Systems Collection for Men with Active Lifestyles

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LaVivid Hair launches a sports-focused hair systems collection designed for men who want breathable comfort, secure attachment, and natural-looking confidence during workouts, football season, summer activities, and everyday movement.

IRVINE, Calif., June 13, 2026 /PRNewswire-PRWeb/ — As global football excitement builds and more men return to sports, workouts, travel, and outdoor activities, LaVivid Hair has introduced its Sports Hair Systems Collection, a curated lineup of breathable, secure, and natural-looking hair systems designed for men with active lifestyles.

Men should not have to choose between looking natural and living actively. This collection was created for customers who want to work out, play sports, travel, and enjoy daily life with more confidence.

For many men experiencing hair loss, staying active can bring concerns that go beyond performance. They may wonder whether a hair system will stay secure during sweat, whether the hairline will remain natural during movement, or whether they can focus on a game, workout, or summer activity without checking their hair.

LaVivid Hair created the Sports Hair Systems Collection to help answer those concerns with practical product choices built around comfort, hold, realism, and easier maintenance.

The collection focuses on four active-wear priorities:

Breathable comfort: Lace and lace-center constructions help improve airflow during warm weather, workouts, and active days.

Secure attachment: Hybrid bases with skin or poly perimeters provide a stable bonding area for tape or glue, helping wearers feel more confident during movement.

Natural appearance: Lace fronts, graduated hairlines, and realistic density options help maintain a natural look from different angles.

Easy maintenance: Active lifestyles require simple bonding, cleaning, and regular upkeep, especially after sweat, heat, or long wear.

“Men should not have to choose between looking natural and living actively,” said a LaVivid Hair spokesperson. “This collection was created for customers who want to work out, play sports, travel, and enjoy daily life with more confidence.”

Top recommendations from the Sports Hair Systems Collection include Simois, Light Crius, Upgrade Ares, and Mars. Each system serves a different active-wear need, from breathable full lace comfort to hybrid lace-and-skin constructions that balance airflow with secure bonding.

Simois is designed for wearers who want a breathable lace center, a natural lace front hairline, and a skin perimeter for reliable attachment. Light Crius offers a lower-density look with French lace comfort and easy bonding, making it suitable for warm-weather wear and lighter active routines. Upgrade Ares combines a lace center with an ultra-thin skin front for wearers who want a natural front appearance with practical maintenance. Mars, a full lace option, is ideal for men who prioritize maximum breathability and lightweight comfort for light sports and summer activity.

For sports and active lifestyles, LaVivid Hair also recommends pairing the right base with dependable attachment products such as Ultra Hold Tape and Ultra Hold Glue. The right adhesive routine can help improve confidence during workouts, football matches, and daily movement.

The Sports Hair Systems Collection is now available at LaVivid Hair. Customers can explore the collection here:

https://www.lavividhair.com/collections/workout?utm_source=prweb&utm_medium=press-release&utm_campaign=prweb_260318&utm_id=prweb_260318&utm_content=sports_hair_systems_collection

To learn more about LaVivid men’s hair systems, visit:

https://www.lavividhair.com/?utm_source=prweb&utm_medium=press-release&utm_campaign=prweb_260318&utm_id=prweb_260318

About LaVivid Hair

LaVivid Hair provides hair replacement solutions for men around the world, offering natural-looking men’s hair systems designed for different lifestyles, preferences, and everyday needs. Through continuous product development and customer-focused innovation, LaVivid Hair helps wearers regain confidence with comfortable, realistic, and reliable hair systems.

Media Contact

Charlie Sue, LaVivid Hair, 1 833-879-0279, service@lavividhair.com, LaVivid Hair

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SOURCE LaVivid Hair

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Hexaware Expands Presence in Gujarat with New Delivery Center at GIFT City

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MUMBAI, India, LONDON and ISELIN, N.J., June 13, 2026 /PRNewswire/ — Hexaware Technologies [NSE: HEXT], a global provider of IT solutions and services, today opened a new delivery center at Gujarat International Finance Tec-City (GIFT City), India’s premier international financial services hub. The center, inaugurated by Shri Bhupendra Patel, Hon’ble Chief Minister of Gujarat, will serve Hexaware’s global banking, financial services, and insurance (BFSI) clients across digital solutions, artificial intelligence (AI), cloud transformation, data engineering, and next-gen software services.

Hexaware’s established presence in Ahmedabad and Gujarat provides the foundation for this investment. With the GIFT City center, the company is building a technology and innovation hub that serves financial institutions across global markets. The company aims to create approximately 1,000 high-skilled jobs over the next three years, covering software engineering, digital transformation, AI, cloud, data analytics, business operations, and customer experience services.

“The establishment of Hexaware’s delivery center at GIFT City is a strong endorsement of Gujarat’s position as a globally competitive destination for financial services and technology. This is the kind of high-value investment the state has been building toward, and we are pleased to welcome Hexaware to this ecosystem,” said Chief Minister Bhupendra Patel.

“GIFT City represents a unique convergence of financial services, technology, and innovation. Our expansion into GIFT City aligns with our strategy of being closer to our customers while leveraging India’s exceptional talent ecosystem. We’re excited to contribute to the growth of Gujarat’s technology landscape and create meaningful career opportunities for skilled professionals,” said R. Srikrishna, CEO & Executive Director, Hexaware.

“GIFT City presents a compelling proposition for a company of Hexaware’s focus and scale. The financial services landscape, the quality of talent, and the policy framework the state government has put in place made this a clear decision for us,” said Vikash Kumar Jain, Chief Financial Officer, Hexaware.

The GIFT City center adds to Hexaware’s growing delivery footprint in India, supporting the company’s work with BFSI clients across global markets.

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at https://hexaware.com.

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