PYMNTS-MonitorEdge-May-2024

APAC

TikTok and GoTo Combine eCommerce Businesses in Indonesia
TikTok and GoTo Combine eCommerce Businesses in Indonesia
January 31, 2024  |  eCommerce

TikTok and GoTo, the largest digital ecosystem in Indonesia, announced the formation of a strategic partnership in Indonesia. With this deal, GoTo’s eCommerce company Tokopedia and TikTok Shop Indonesia have combined...

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Report: Apple iPhone Shipments Expected to Drop 10% to 15%
Report: Apple iPhone Shipments Expected to Drop 10% to 15%
January 30, 2024  |  Apple

Apple shares reportedly dropped 2% after TF International Securities analyst Ming-Chi Kuo said the tech giant expects demand for iPhones to be lower in 2024. The analyst said...

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Bakkt Expands Crypto Trading Capabilities to 5 More Countries
Bakkt Expands Crypto Trading Capabilities to 5 More Countries
January 24, 2024  |  Cryptocurrency

Bakkt has expanded its crypto trading capabilities to Brazil, Guatemala, Spain, Hong Kong and Singapore. This expansion broadens Bakkt’s footprint in Latin America and marks its...

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Ingenico and Cybersource Debut a Cross-Border Commerce Platform
Ingenico and Cybersource Debut a Cross-Border Commerce Platform
January 23, 2024  |  Partnerships

Point-of-sale technology firm Ingenico teamed up with Cybersource, Visa’s global payment and fraud management platform. The two companies created a secured unified commerce solution, starting...

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DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
DMI Acquires ZestMoney, Plans to Grow Merchant Network Across India
January 17, 2024  |  Acquisitions

DMI Group, a pan-India financial services platform, has acquired ZestMoney, a digital credit provider in India.  The acquisition will allow DMI to incorporate the ZestMoney checkout...

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ipaymy Launches Automated Invoicing Platform for SMBs
ipaymy Launches Automated Invoicing Platform for SMBs
January 15, 2024  |  B2B Payments

Singapore-based FinTech ipaymy has launched an automated invoicing platform for small- to medium-sized businesses (SMBs) in Singapore, Hong Kong SAR, Malaysia and Australia.  The new Fetch platform is...

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eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 
eCommerce Platform Mercari to Begin Accepting Bitcoin Payments 
January 08, 2024  |  Bitcoin

Japanese eCommerce giant Mercari will reportedly begin accepting bitcoin payments on its platform in June.  While prices for products listed on Mercari’s flea market app will...

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Sony’s $10 Billion Zee Merger at Risk of Collapse
Sony’s $10 Billion Zee Merger at Risk of Collapse
January 08, 2024  |  International

Sony’s India unit is reportedly ready to cancel its $10 billion merger with Zee Entertainment. The deal, in the works since 2021, is at risk due to an...

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Uber Allowing Commuters to Bid for Rides in India
Uber Allowing Commuters to Bid for Rides in India
January 05, 2024  |  Aggregators

Uber is testing a new flexible pricing service called Uber Flex in over a dozen cities in India, allowing commuters to bid a particular fare for...

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