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Insights
26-Jun-18 The Grab ride-hailing app has added Malaysia as the second market outside Singapore headquarters where customers may use the app for other purposes, such as making payments, earning rewards and transferring funds to other Grab users. [image: Ecommerce Daily News]
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25-Jun-18 Megvii, the Beijing-based facial recognition start-up whose technology has been used by police to arrest fugitives, is seeking to expand its presence in Southeast Asia as China bolsters its export of surveillance, security, and payment technology. [image: SCMP]
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24-Jun-18 PayPal believes its global reach and security infrastructure will keep its digital payments service relevant amid an active consumer ecosystem and various government efforts to digitise the payments industry in Asia. [image: Netral English]
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Insights
22-Jun-18 E-payments are expanding across Asia at breakneck speed. Hong Kong, Singapore and predominantly China lead the way. Singapore’s education minister, Ong Ye Kung says already 80% of Singapore consumers use e-payments and nearly 60% merchants now accept e-payments. [image: finews.asia]
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19-Jun-18 In Southeast Asia Alibaba and Tencent have spent billions to secure major equity stakes in the region’s leading tech startups. Online media, travel, ride-hailing and e-commerce will grow to USD200 bn by 2025, from USD50 bn in 2017. [image: Fortune]
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