Asia

Grab CEO: Venture Capital Efforts To Eye ‘Next Generation’ Of Tech In SE Asia

Ride-hailing firm Grab, based in Singapore — which entered a deal to acquire Uber’s southeast Asia business in the first quarter —...

2.8K

Banking

Revolut Plans To Apply For Banking License In The US

After applying for a banking license in Europe, Revolut plans to apply for one in United States in the near future. Chief...

2.8K

Five at Five: A New AI and FinTech Investment Push

Rocket Internet Eyes AI, FinTech Investments Citing comments that Rocket Internet made after reporting earnings Tuesday (May 29), Reuters reported that CEO...

2.1K

India’s Alternative Finance Sector Shines Bright With Investors

Asia’s FinTech investment is hitting new high notes. According to reports published this month in e27, CB Insights found more than $2...

2.0K

Regulation

The Prospect Of More Tech Regulation Sinks Global Stocks

With concerns that technology companies can face more regulation, tech stocks were declining all over the globe — with the tech-heavy Nasdaq...

4.1K

uber of x

Paris Bike Sharing Fleet Folds After Too Much Theft, Vandalism

Gobee.bike is pulling out of Paris after thousands of its bicycles were stolen or vandalized. “Over the months of December and January,...

4.6K

Mobile

iPhone X Hits Brick Wall In Asia

Apple’s iPhone X may be doing well in the U.S., but its price tag of $999 and up might be hurting demand...

3.9K

GoFro And Taking The Treasure Hunting Out Of Travel

American consumers have long since forgotten when booking travel was like a treasure hunt. Instead of having to search through countless sites...

6.1K

Cash

PayPal Report Emphasizes Asia’s Commitment To Cash

According to a new study from PayPal reported by CNBC, consumers in the Asia-Pacific market are aware of the range of digital payment options available...

3.9K

WeWork Lands $500M With Big Plans For China

It may be slow on the B2B venture capital front, with just $31.5 million in funding rounds for some pretty niche enterprise...

2.6K

Apple

Apple’s Share In Chinese Smartphone Market Falls

Apple’s market share of the Chinese smartphone market fell last quarter, putting the company at risk of falling out of the top five...

3.6K

China’s Online Retail Sees Big Boost in 2017

All over the world, the retail industry is seeing a major transformation. As more people turn to the online arena to purchase...

2.8K

Indonesian FinTech Launches App For Individual SME Investors

An Indonesia-based alternative lender is turning to the mobile device to attract small business investors. Reports Friday (July 21) said Mitrausahua Indonesia...

4.7K

Bitcoin to Make India Inroads?

Bitcoin may be volatile, but as India goes cashless, the cryptocurrency might find its way into the arsenal of legal tender not...

2.2K

Startups

ObEN Raises $5M From Tencent To Take On AI Celebrity Scene

ObEN, which uses artificial intelligence-powered tools to create avatars that look and sound like real people, announced it has raised $5 million...

7.5K

Alternative Finances

Renaud Laplanche’s Second Act

F. Scott Fitzgerald is often quoted as the source behind the phrase, “there are no second acts in American life.” But as...

3.1K

Facebook

India Is Now Facebook’s Largest Audience, Knocking U.S. To Second Place

Facebook reported to its advertisers that India has overtaken the United States to become the platform’s largest country audience. According to The...

2.1K

Investments

Ant Financial Resubmits MoneyGram Bid to U.S. Authorities

Alibaba Holding affiliate Ant Financial has resubmitted its bid to buy U.S. money transfer company MoneyGram to U.S. authorities for review. Reuters,...

4.5K

Alibaba Is Taking On Alexa, Google Home, DingDong and Little Fish With New Smart Speaker

In its latest effort to keep up with its American big brother Amazon, China’s eCommerce giant Alibaba has announced the debut of...

3.7K

Internet of Things

Ayla Networks Announces Enhancements To Its IoT Platform

Ayla Networks has announced enhancements to its Internet of Things (IoT) platform that will help propel manufacturers of connected products toward the next...

5.6K

Payment Methods

Android Pay Now In Taiwan

Google is making a big push with Android Pay, announcing Thursday (June 1) it is now in Taiwan, marking the thirteenth country for...

5.6K

Cash

NEW REPORT: Asia Pacific, Still Cash Crazy

Even as some countries move away from physical currency in favor of more modern payment methods, demand in larger nations means the...

4.4K

Security & Fraud

Everything You Need To Know About WannaCry

This was, truly, the cyberattack heard round the world. And to quote an old investing maxim, “You never know who’s swimming naked...

2.5K

Luxury Market Gets Tougher For Michael Kors After Coach Buys Kate Spade

Already facing struggling sales after rapid expansion, Michael Kors Holdings Ltd. must now deal with the merger of two of its biggest rivals....

2.4K

Security & Fraud

Interpol Investigation Found 9,000 Infected Southeast Asia Servers

International police organization INTERPOL led a major investigation into cybercrime in Southeast Asia, along with seven other nations in the area. After conducting...

2.2K

Daily Data Dive

Today In Data: Companies In Flux

There’s a flurry of activity going on in terms of acquisitions, expansions and downsizing. From providing better security tools to moving into...

4.6K

Amazon

Prime Is The Ticket For Amazon: Prime Tickets On The Way

Amazon isn’t known to sit idly by when it enters a market, and that could be true of the online ticketing business,...

2.6K

Amadeus Brings T&E Services To Asia

Amadeus has expanded its corporate travel and expense management solutions into Asia. The company revealed this week that its Cytric Travel &...

5.3K

‘Content Is King, But Context Is Queen’ In Asia

Retail news from the Asia region is full of futuristic virtual reality from VR malls to payments. Alibaba is leading the technology...

3.3K

UnionPay’s Chip Card Tech To Be Adopted In Six Asian Countries

UnionPay announced Friday (Oct. 14) it launched a chip card technology licensing cooperation with seven members of the Asian Payment Network (APN)....

MasterCard Financial Literacy Index Shows APAC Progress

There was a slight cheer for the progress of financial wellbeing or financial literacy in the Asia-Pacific markets, as MasterCard found that...

3.7K

Payment Methods

Looking East For The New FinTech Revolution

No longer the purview of Western nations, FinTech is gaining traction in the East — from China to India and beyond —...

6.7K

Asian FinTech Investments Quadruple To $4.5B

As a region, Asia has seen $4.5 billion come into its financial startups from investors across a variety of stripes, which is...

eCommerce

China $1.1T eCommerce Market On Horizon

While some Asian country economies may be slowing down, the health of the online retail markets across the continent is booming. According...

6.8K

Distributing Distributed Ledger And Cross-Border Payments

In the continued march to bring international payments to a streamlined process, platform remains key and so does geographic focus. Ripple, the...

O2O Plays In Asia

With O2O commerce on the rise in Asia, you can bet that Alibaba’s making moves in the space. The eCommerce giant’s fingerprints...

5.1K

Mobile Payments

Financial Inclusion: Measuring Impact, One Mobile Account At A Time

The $64 billion P2P global market has many worthy players, but many of those who are making a dent in the financial...

APAC Region Holds Majority Of World’s Online Retail Business

There’s a new champion in worldwide retail eCommerce share by region. Via eMarketer comes news that, for the first time ever, Asia-Pacific...

Why The APAC Region Is Mobile Shopping Hotbed

The Asia-Pacific region is turning out to be marked by strong mobile usage, especially in paying bills over smartphones and other devices,...

Where You Can’t Use PayPal.me (Yet)

When PayPal’s person-to-person payments service PayPal.me launched on Tuesday (Sept. 1), there was (and remains) a pretty substantial consumer region missing from...

MasterCard Creates New Sub-Regions In Asia/Pacific region

MasterCard announced yesterday (June 18) the appointment of two Co-Presidents of two new sub-regions, which include the region’s biggest markets – China...

Reliance Retail To Rollout Online B2B Marketplace

India’s largest retailer, Reliance Retail, is seeking to aid small retailers with its latest move. Reliance Retail is launching an exclusive online B2B...

Here’s Where Top Brands Are Going Customer Shopping

Top retail brands are not going to be scouting for real estate on Fifth Avenue. Instead, they’re headed straight to Uruguay, Chile...