South Asia

South Asia
India’s New Social Media Rules Would Strip Anonymity — When Asked — From Accounts
February 13, 2020

Controversial new rules by the Indian government could force Facebook, Twitter, TikTok and YouTube to reveal users’ identities, shattering anonymity for over 400 million people, according to Bloomberg. The rules are expected to be published later this month. They aim for more accountability in social...

South Asia
What Cambodia’s Debt Crisis Means For Microlending
August 13, 2019

There is a debt crisis slowly but surely building in Cambodia that could see millions of people losing their homes and family farms — the result of microlending run amok amongst 15 percent of the population. And while the individual loans are small — relatively...

South Asia
India Lawsuit Against Flipkart Highlights Discounting Concerns
June 05, 2019

Walmart, it seems, has found itself drawn into a legal struggle between its recent acquisition Flipkart and GOQii — an Indian maker of smartwatchesque health devices — over pricing. GOQii alleges in its suit against Flipkart filed last month that Flipkart has been selling their...

South Asia
Berkshire Hathaway Eyes Stake In Paytm
August 27, 2018

Reports are emerging that the sage of Omaha, Warren Buffet, is in talks to pick up a stake in Paytm, India’s largest digital payment player. According to the media, Berkshire Hathaway is considering an investment of between 20 billion and 25 billion rupees ($286 million...

South Asia
Truecaller Thinks It Can Beat Paytm In India
June 14, 2018

While Sweden’s Truecaller is not new to the Indian payments ecosystem, it entered the India mobile market over a year ago during the launch of the nation’s Unified Payments Interface (UPI). With the announcement of its wholesale acquisition of Indian payments startup Chillr, it is leveling up...

South Asia
Are Private Labels The Key To Cracking The Profitability Of Indian eCommerce?
May 31, 2018

In 2016, 95 percent of transactions in India were done in cash and there were approximately 60 million online shoppers, representing about 14 percent of the nation’s internet-using base, according to a late 2017 report by Morgan Stanley. But the landscape has changed rather radically since...

South Asia
WhatsApp Speeds Up Indian Payments Expansion
May 29, 2018

Payments via Facebook‘s WhatsApp are on the very brink of launching, according to recent reports. As early as next week, pay via WhatsApp might be up and ready to go for the whole of India, potentially putting the service in the hands of up to...

South Asia
PayMate CEO On India’s SME Lending Watershed Moment
May 17, 2018

The SME segment in India has been a consistent bright spot and engine for growth over the last several years. According to government numbers, the micro, small and medium enterprises (MSME) sector has been growing at least 10 percent annually since 2015, and punching above...

South Asia
PNB’s Diamond Fraud Could Hit $2B In Cost
March 07, 2018

The scandal surrounding India’s state-run Punjab National Bank (PNB) is getting bigger — in fact, a source says it could hit the $2 billion mark. According to a source involved in the investigation and court documents reviewed by Reuters, authorities are still trying to recover...