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Insights
23-Jul-19 India's Reliance Retail has started the pilot phase for its new retail commerce initiative. The differentiated business model will provide a technology platform for millions of small merchants across India to strengthen and grow their businesses online and in-store. [image: Inc42]
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11-Jul-19 More than half of banking and financial clients in Asia now use fintech products and services, according to a recent survey. Emerging markets across Asia, Latin America and Africa are quickly becoming the largest growth areas for fintech participation. [image: iStock]
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09-Jul-19 The World Bank’s update on migration and remittances points to an almost 10% jump in 2018 to USD530 bn for low and middle-income countries, although the pace is projected to slow for the remainder of the year. [image: iStock]
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Jul-19 Stalled growth in emerging market economies is projected to pick up from a four-year low of 4.0 percent in 2019 to 4.6 percent in 2020-21, reflecting the waning impact of financial pressures in some large markets. Growth in all emerging regions has been weaker than expected but activity in East and South Asia remains buoyant. Other regions are expected to recover in 2020-21. Growth in both Latam and MENA is expected to be a subdued 1.7% in 2019, but MENA countries show more promise thanks to oil exports, policy reforms and tourism. [image: World Bank]
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19-Jun-19 Popular short-form video app TikTok, developed by China's ByteDance, has been slowly ramping up its advertising strategy. However, the company still generates revenue from in-app purchases, and that number hit a high of USD9 million in May 2019. [image: TechCrunch]
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