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Insights
12-Jun-19 Waterdrop, a Chinese online insurance platform backed by Tencent, has raised more than a billion yuan (USD145 million) in funding led by PE firm Boyu Capital. Waterdrop started as a healthcare crowdfunding platform before branching into online insurance sales. [image: AP Photo / Mark Schiefelbein]
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Insights
05-Jun-19 With the auto sector pivoting from a buy to a lease model, Hyundai Capital is keeping a close eye on the United States, but also seeing significant upside in China, while examining new sales and distribution channels in other countries. [image: Andrew Salmon / Asia Times]
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Insights
17-May-19 ICBC-AXA Life has opened a wholly-owned asset management subsidiary in Shanghai, making it the first insurance asset management JV in China after the government announced the further opening up of the insurance industry. [image: Asia Times]
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16-May-19 The Bangko Sentral ng Pilipinas reported a 6.6% increase in remittances sent by overseas Filipino workers in March 2019 over 2018. The growth pushed actual dollar inflow to the country to USD2.5 bn during that month alone. [image: Business Mirror]
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07-May-19 A day after India’s largest e-wallet Paytm entered the credit card business, local ride-hailing giant Ola is following suit. Ola inked a deal with state-run SBI and Visa to issue 10 mn credit cards in the next three years. [image: Techcrunch]
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