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Ikea dreams of a place of its own in Korea's big city

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 Insights

20-Apr-18 Ikea is planning to open a number of small city stores in Seoul, a significant departure from the suburban mega stores that the company typically favours, enabling people who find it difficult to access Ikea outside of city centers. [image: Ikea Korea]

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Apple lets Siri integrate with Alipay in China

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 Insights

20-Apr-18 Apple will allow Siri to support voice commands for Alibaba's Alipay, meaning users will be able to tell Siri to open the Alipay payment screen directly - an acknowledgement that Chinese players are miles ahead on payments. [image: South China Morning Post]

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India facing a cash shortfall of USD10.6 bn

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 Insights

19-Apr-18 While the Indian central bank continues to assert there is no cash shortage, experts say the cash shortfall in the system is a whopping USD10.6 bn, a third of the monthly withdrawals normally made at ATMs. [image: Reuters]

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In China, 'Amazon Go' style stores are almost old news

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 Insights

16-Apr-18 The cashierless Amazon Go concept is inspiring fear in traditional US retailers, but the idea is already mainstream in China. Beginning in 2016, a cashierless chain called BingoBox has already grown to 300 locations and 30 cities. [image: PaymentsSource]

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