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Alphabet Inc’s Google is partnering with four Indian banks to grant consumer loans online, as the fight for a US$1tril (RM4.09tril) digital finance market intensifies.
Ma Yiqing, 24, is typical of China's younger generation – he uses his credit card frequently and borrows from online platforms to fund his shopping habits. In a pinch, he is happy to fall back on a lender closer to home – his mum and dad.
Jing Qi, a part-time presenter on the live streaming platform Huajiao, underwent cosmetic surgery in March to improve her chances of becoming an Internet celebrity.
Ride-hailing giant Go-Jek has secured an investment from Siam Commercial Bank Pcl, the Thai lender that counts King Maha Vajiralongkorn as its biggest shareholder, according to people familiar with the matter.
British lender Wonga has warned customers in Britain and Poland that their personal data may have been stolen in the latest major corporate security breach.
Southeast Asian ride-hailing firm Grab said it has agreed to buy Indonesian online payment startup Kudo, marking the first investment under a recently announced plan to commit US$700mil (RM3bil) to its largest market.