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GGM invited to speak on payments at the CPI Middle East & Africa Symposium in Dubai

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 Events

GGM's head of Financial & Business Services, Tom MacDonald, has been invited to speak about payment market trends in the Middle East at the Commercial Payments International Middle East & Africa Symposium in Dubai on 6-Nov-18. Tom will use GGM's proprietary payments market data to compare the Middle East with other world regions, and identify opportunities and threats throughout the payment ecosystem. [Image: Commercial Payments International]

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Warehouse operator GLP launches USD2 bn China logistics fund

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 Insights

11-Sep-18 GLP, Asia’s largest warehouse operator, has launched a USD2 bn China fund in partnership with Singapore sovereign wealth fund GIC, as it continues to tap into the growing demand for warehousing fuelled by a boom in e-commerce. [image: South China Morning Post]

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Lippo tycoon makes mark in Indonesian e-payments

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 Insights

07-Sep-18 Ovo payments, Lippo's e-money solution, can be used at 200 malls and 5,000 restaurants in Indonesia. The operator says it is the no.1 player in an Indonesian e-payments market that grew 434% in the first half of 2018. [image: Jun Suzuki]

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E-commerce enhances Chinese business ties with Africa

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 Insights

05-Sep-18 African households are quickly becoming a major market for Chinese e-commerce merchants looking to sell everything from mobile phone to toothbrushes, with market projections estimating a USD29 bn value by 2022 as mobile phones are gaining popularity. [image: Niu Jing / China Daily]

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