South Korean Viva Republica notched $450 million, and CRED in India raised more than $400 million across several raises. We expect this trend to continue in 2022 as companies look to better cater to underserved customers in regions with the potential for substantial growth.
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| Jan 27, 2022
Four entities are based in Israel and the other three are based in China, India, and North Macedonia. More on this: Meta’s revelations could be the tip of the iceberg and expose how easy it is to manipulate Facebook for nefarious purposes. There could be hundreds other cyber mercenaries operating within Meta properties.
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| Dec 20, 2021
The company already runs a music app called Resso in India, Brazil, and Indonesia. Mobile games: ByteDance already has mobile gaming aspirations. The Chinese tech giant produced $1 billion in player expenditures across its mobile games, a 16% increase from the year prior, per Sensor Tower. It could easily create a library of games exclusive to TikTok users.
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| Dec 21, 2022
A month later, India-based telcom provider Airtel launched a Visa-branded co-brand card. These tie-ups can help Visa bolster its global presence and boost payments volume. What’s next? Visa plans to focus more on open banking as the emerging tech gains steam within payments. Visa closed its acquisition of open banking provider Tink in March.
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| Apr 28, 2022
India plans to pilot a CBDC early this year, and indicated it may connect the digital currency to its instant mobile bank-to-bank transfer system, which could help boost adoption. Elsewhere, CBDC ambitions are less developed, but around 90% of central banks worldwide are exploring creating CBDCs, according to Reuters.
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| Jan 6, 2022
But it will still be dwarfed by the giants next door—India and China. The six countries in the Southeast Asia subregion will account for 14.4% of internet users in all of Asia-Pacific in 2022, compared with 39.9% in China and 25.4% in India. Smartphones Are Integral for Internet Access. The smartphone is critical to online activities in Southeast Asia.
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| May 9, 2022
Brazil boasts the world’s fourth-largest digital buyer market behind China, India, and the US. This year, 95.2 million digital buyers—or more than half of Brazil’s population ages 14 and older—will make at least one online purchase. Product Categories Driving Ecommerce Sales Growth. For the first time, we’ve broken out retail ecommerce sales in Brazil across 10 product categories.
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| Aug 29, 2022
It's interesting, you mentioned India there. Man-Chung, I know you've followed this fairly closely. What were some of the impetus behind this India ban, do you think? Man-Chung Cheung:.
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| Mar 24, 2023
In India and Mexico, his company has seen “tens of millions of digital wallets” created for this purpose. The company is likely to seek further partners or acquisitions in the region to accelerate its expansion. DriveWealth said it would use some of the $450 million it raised in August for strategic acquisitions.
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| Oct 4, 2021
Our take: Google—which is facing various antitrust charges outside the US, including $160 million fine in India and $155 million in the UK—is treading on dangerous ground and could incite intensifying regulatory scrutiny at a time when it’s scrambling for economic recovery and cutting costs.
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| Apr 12, 2023
Volume will grow at a similar pace as retail into 2023, driven by outflows from the US and inflows to India and Mexico, per our forecasts. Key Trends We’re Watching. Remittance Giants Will Ramp Up Digital to Fend Off Upstarts and Disintermediation. Close to 4 in 10 US adults who send money abroad plan to increase their use of digital transfers, per a December 2021 Visa survey.
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| Feb 8, 2022
China’s vast digital yuan pilots could be a blueprint for other countries, and we expect India to launch a stablecoin this year. While the US lags—and development would take years—international pressure might push the Fed to explore its own government-backed coin, especially as private-sector providers also pursue stablecoin development. Read Next. Sources. Affirm. American Banker. American Express.
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| Feb 8, 2022
It’s likely that many of the worldwide viewers cited by YouTube come from outside of the US—and mainly India where TikTok remains banned—but Shorts is also on the “short list” of preferred short-video platforms in the US. 25.3% of US consumers said they preferred to watch short-form videos on Shorts, behind TikTok (48.5%) but ahead of Instagram Reels (20.1%), per a September 2021 study by Inmar Intelligence
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| Jun 22, 2022
Brazil will likely look at what is and isn’t working for CBDC rollouts in China and other regions, like India, to ensure the digital real can meet the central bank’s high hopes. This article originally appeared in Insider Intelligence's Payments Innovation Briefing—a daily recap of top stories reshaping the payments industry. Subscribe to have more hard-hitting takeaways delivered to your inbox daily.
Article
| Mar 8, 2023
For example, South Korean Viva Republica notched $450 million, and CRED in India raised more than $400 million across several raises this year. We expect that trend to continue in 2022, particularly in Latin America. The biggest hauls are going to companies with the biggest names.
Article
| Dec 21, 2021
Apple has already moved some of its production to India. JP Morgan forecasts that nearly 25% of all Apple products will be manufactured outside of China by 2025, compared with 5% at present. The struggle to meet iPhone demand: Foxconn is struggling to overcome coronavirus outbreaks and government-mandated lockdown measures to keep iPhone production numbers up.
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| Nov 2, 2022
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| Aug 10, 2023
Source: Lucidworks
Among the respondents most willing to consider buying, selling, or using NFTs were those in Indonesia (65%), Mexico (53%), India (52%), and China (45%). Consumers in the US and Great Britain were among the least interested, at 12% and 9%, respectively.
Article
| Apr 7, 2022
Shorts debuted in India after the country’s TikTok ban in 2020. And as of January 2021 (prior to its worldwide release), Shorts brought in 3.5 billion views a day from India alone, per CNBC. Creators, Livestreaming, and Distribution on Larger Screens Will Bring More Changes to Social Video Usage.
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| Mar 7, 2022
India, about 5%. France, 4.5%. Japan, just over 3%. Carina, in the UK. To see it still that high, given that in the US it was about 9% last summer at the peak of things, how is the consumer sentiment around inflation at this point? Is it, it's come down so people are feeling a lot better? Or is it still, considering it's stuck at 8%, pretty harmful for people's wallets? Carina Perkins:.
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| Jul 27, 2023
The feature uses an RSS feed to update a publisher’s Story in the Discover tab and is currently in a testing phase with select publishers in the US, the UK, France, and India. Shared Stories expand on Custom Stories. Custom Stories allow users to invite friends to view and add to a Story. Now, those friends can bring in other friends as contributors.
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| Jun 30, 2022
The region is also right next door to economic heavyweight India. The return of tourism in Southeast Asia should be a welcome sign for retailers as well, from both sales and innovation perspectives. So, just how much of a growth story will Southeast Asia’s retail sector be in 2022 and beyond? Southeast Asia’s ecommerce moment is now.
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| Jul 29, 2022
But Wojcicki didn’t specify where those views were from, and it’s likely that a significant chunk came from India, where TikTok remains banned. In fact, YouTube had said in January 2021 that Shorts brought in 3.5 billion views per day in India alone. TikTok is leaning into longer-form video. TikTok is encroaching on YouTube’s turf as it extends its maximum video length.
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| Mar 8, 2022
But banks shouldn’t wait for such orders to bolster their defenses, as consumers aren’t lenient about failures: 41% of customers in India blame banks rather than hackers when breaches occur, per a LocalCircles February 2022 survey. In our interactive chart, select “Security” in the Category dropdown to see how consumers rate its importance by demographics.
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| Aug 26, 2022
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| Jul 13, 2023
Source: data.ai (formerly App Annie)