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Insights
10-Oct-18 The future of brands like Chanel, Gucci and Prada in China may lie in cities like Hohhot, 10 hours by rail from Beijing. In such cities, with no luxury stores, buyers are twice as likely to make purchases online. [image: Shutterstock]
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Insights
05-Oct-18 ICICI Bank announced a multi-year partnership with Bhubaneswar city, capital of the state of Odisha in India, to launch a Common Payment Card System which will help citizens use a single payment option for multi-purpose city-level usage. [image: OTV]
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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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Insights
20-Sep-18 As part of Flipkart's strategy in India to drive its merchandise volume by 20%, the company is launching affordability instruments, offering customers instant credit of up to INR60,000 (USD823), following Amazon's lead. [image: Business Today]
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Insights
18-Sep-18 Alibaba chief executive Daniel Zhang is banking on the company's New Retail model, where online and offline retail are integrated, allowing customers of Alibbaba's chain of Hema supermarkets to buy online from the chain's physical stores. [image: South China Morning Post]
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