News

Impetus comes from the dominant presence of smartphones made by parent.

CEO Daniel Zhang is fortifying Alibaba’s lifestyle services by uniting its mapping, travel booking, and food delivery apps as part of one business unit.

The removal of Didi’s app from app stores came two days after regulators initiated a cybersecurity review of the company.

Founded in 2018, Kitopi operates a network of over 60 cloud kitchens in the United Arab Emirates, Saudi Arabia, Kuwait, and Bahrain.

Despite the e-commerce sector being dominated by Flipkart and Amazon India, startups are scripting a new wave of online commerce, primarily targeting the next 500 million netizens from smaller cities.

Indonesia is profuse with web-based financial service providers, including at least 7 digital banks and 4 neobanks.

Google, Amazon, and Facebook’s messaging platform WhatsApp, have been making strides to position themselves among the top players in India’s fintech market.

Bank Negara Malaysia, the central bank, is set to award up to five digital banking licenses in the first quarter of 2022.