APAC

eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 
eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 
January 08, 2024  |  Bitcoin

Japanese eCommerce giant Mercari will reportedly begin accepting bitcoin payments on its platform in June.  While prices for products listed on Mercari’s flea market app will...

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Sony’s $10 Billion Zee Merger at Risk of Collapse
Sony’s $10 Billion Zee Merger at Risk of Collapse
January 08, 2024  |  International

Sony’s India unit is reportedly ready to cancel its $10 billion merger with Zee Entertainment. The deal, in the works since 2021, is at risk due to an...

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Uber Allowing Commuters to Bid for Rides in India
Uber Allowing Commuters to Bid for Rides in India
January 05, 2024  |  Aggregators

Uber is testing a new flexible pricing service called Uber Flex in over a dozen cities in India, allowing commuters to bid a particular fare for...

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MobiKwik Files for $84 Million IPO
MobiKwik Files for $84 Million IPO
January 05, 2024  |  IPO

Indian digital payments firm MobiKwik has filed for an initial public offering (IPO) worth up to 7 billion rupees ($84 million).  This move comes after the company’s...

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Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn 
Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn 
December 21, 2023  |  Consumer Insights

Chinese consumers are reportedly feeling the effects of the country’s economic downturn.  This downturn, characterized by declining exports, a slowdown in manufacturing and a property...

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Report: Blackstone to Acquire 80% Stake in Sony Payment Services 
Report: Blackstone to Acquire 80% Stake in Sony Payment Services 
December 21, 2023  |  Acquisitions

Alternative asset manager Blackstone is reportedly set to acquire an 80% stake in Sony Payment Services, a payment service provider under Sony Group.  The deal, valued at approximately $280...

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Can Coupang’s $500 Million Lifeline Save Farfetch From Falling Out of Fashion?
Can Coupang’s $500 Million Lifeline Save Farfetch From Falling Out of Fashion?
December 19, 2023  |  Retail

After a roller coaster year of surprises, including a November decision to withhold its earnings results for the third quarter of 2023 and the cancellation...

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Meta Launches Small Business Partnership With India’s ONDC
Meta Launches Small Business Partnership With India’s ONDC
December 19, 2023  |  Meta

Meta has teamed with India’s ONDC to help smaller merchants do business on WhatsApp. The partnership with the Open Network for Digital Commerce (ONDC) is...

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UnionPay Partners With Trip.com to Meet Travelers’ Payment Needs
UnionPay Partners With Trip.com to Meet Travelers’ Payment Needs
December 15, 2023  |  Partnerships

UnionPay International (UPI) partnered with online travel agency (OTA) Trip.com to enhance the payment experience for UnionPay cardholders. The collaboration will expand online acceptance and...

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