Officials in China are planning to loosen the financial sector in the country in an effort to attract foreign investors, state media quoted the cabinet as saying, per a Reuters report on Wednesday (July 21). Get the Full Story Complete the form to unlock this...
Google and Reliance Jio are teaming up to offer a $50 Android smartphone to the 450 million people living in India who still use outdated 2G handsets or landline phones, the Financial Times reported on Wednesday (July 21). Get the Full Story Complete the form...
In today’s top payments news around the world, GlobalBees landed $150 million in a Series A funding round, while Razorpay said it has acquired TERA Finlabs. Plus, workers in Bangladesh’s clothing manufacturing industry have taken a heavy hit because of the pandemic’s economic impacts. Get...
In today’s top payments news around the world, Paytm is said to be seeking a $2.2 billion initial public offering (IPO) in India at a $25 billion valuation, while special-purpose acquisition companies (SPACs) are setting their sights on Southeast Asia’s late-stage startups. Plus, FedEx Express India...
Volkswagen will ensure that it fully complies with China’s stringent new data privacy rules, the carmaker said in a briefing on its first-half sales on Friday (July 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
FedEx Corp subsidiary FedEx Express announced Friday (July 16) it had formed agreements with India’s Delhivery that will see the shipping giant make a $100 million investment in the logistics and supply chain services firm. Get the Full Story Complete the form to unlock this...
Officials from seven different agencies in China descended on Didi Global’s Beijing headquarters as part of a cybersecurity probe into the ride-hailing giant’s business, The Wall Street Journal reported on Friday (July 16). Get the Full Story Complete the form to unlock this article and enjoy...
In today’s top payments news around the world, SoftBank’s Vision Fund II now reportedly has the ability to invest in food delivery platform Swiggy, while TikTok has now exceeded 3 billion global downloads. Plus, The U.K.’s Financial Conduct Authority (FCA) is looking to invest 120...
The U.K.’s Financial Conduct Authority aims to invest 120 million pounds (approximately $166 million) toward “data and technological capabilities” during the three years to come, according to a draft of a speech that Nikhil Rathi, the regulator’s CEO, gave during a digital webinar. Get the...
