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Global Growth Markets
Succeed in international markets
Succeed in international markets
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Japanese chat app operator Line unveiled a new service aimed at spreading mobile payment across Japan, in the most potent challenge yet by a Japanese operator to the dominant Chinese mobile payment platform, Alipay. http://ggmkts.com/i-Japans-Line-Pay-throws-down-gauntlet-to-Alipay #Japan #NortheastAsia #Payment #QRCodes #mpayment #digitalpayment #cash
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E-payments in Vietnam grew 22% in 2017 to USD6.14 bn and will double to USD12.33 bn by 2022. E-payments have grown in the country due to more options becoming available, increases in Internet usage and smartphone ownership. http://ggmkts.com/i-E-payments-boom-in-Vietnam-with-new-service-providers #Vietnam #SoutheastAsia #ePayment #Payment #QRCodes
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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. http://ggmkts.com/i-Grabs-evolution-beyond-ride-hailing-reaches-Malaysia #Malaysia #Singapore #SoutheastAsia #mpayment #apps #payment
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Google will invest USD550 mn in Chinese e-commerce powerhouse JD.com as one piece of a broader partnership and as part of the US Internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. [image: Channel News Asia] http://ggmkts.com/i-Google-to-invest-USD550-mn-in-Chinese-e-commerce-giant-JD-com #China #GreaterChina #eCommerce #Investment
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Grab estimates Southeast Asia e-payments are worth USD500 bn and is launching GrabPay and lending service Grab Financial, but will compete not only with AirPay and Alipay, but also with local firms such as ZaloPay and MoMo. [image: Vietnam Net] http://ggmkts.com/i-Grab-VietNam-now-has-more-rivals-than-ever #Vietnam #SoutheastAsia #Payment #mPayment #ePayment #Delivery #eCommerce
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While Russia's e-commerce sector only delivered half of its expected growth in 2017, market players Tmall and Yantex remain keen to pursue their ambitious expansion plans, intent on becoming major players. [image: http://Yandex.Market] http://ggmkts.com/i-New-entrants-undeterred-by-slowdown-in-Russian-e-commerce #Russia #EasternEurope #ecommerce
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American-Express has become one of the few US companies to get permission to enter the Chinese financial services market. Amex has a JV with China's fourth largest mobile payments provider, positioning it to enter China's e-payment market. [image: American Express] http://ggmkts.com/i-Chinas-huge-online-retail-market-opens-up-to-American-Express #China #GreaterChina #eCommerce #ePayment #CreditCard #DebitCard #Banks #Regulations
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The prospect of tens of millions of digital payment customers in Indonesia is too much for digital companies and investors to ignore. The likes of SoftBank, Ant Financial, and Didi-Chuxing are injecting billions of dollars to gain a foothold. [image: Global Growth Markets] http://ggmkts.com/i-Alternative-payment-providers-position-for-growth-in-Indonesi #Indonesia #SoutheastAsia #Payment #DigitalPayment #DigitalWallet #Retail #Investment #Cash #CreditCard #DebitCard #epayment #mpayment
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China’s ZhongAn Tech, an insurance technology incubator founded in 2013 by Jack Ma of Alibaba, is planning to use blockchain technology to cut risk and costs in healthcare insurance. [image: Coin Telegraph] http://ggmkts.com/insights/i-Alibaba-insurtech-firm-promotes-blockchain-use-in-healthcare #china #Greaterchina #HealthTech #healthinsurance #healthcareIT
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BitPesa, a Kenya-based digital payment startup using blockchain technology is seeking to partner with more Asian companies. Currently about about 10% of the transactions it handles involve countries in Asia. [image: Getty Images / Nikkei Asian Review] http://ggmkts.com/i-African-digital-payment-startup-looks-to-expand-in-Asia #Kenya #Africa #Payment #DataSecurity #AsiaPacific #CrossBorder #DigitalPayment
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