Plus, Jakarta-based blockchain starup Pundi X seeks to provide easier access to cryptocurrency. Tencent launched the first Chinese first-person shooter game Glorious Mission.
Plus, Thailand is to amend a tax law to include e-commerce in order to prevent foreign moguls from creating a monopoly in the country. The total market capitalization for the cryptocurrency market has exceeded $300 billion for the first time.
Plus, Ant Financial has asked its partners in consumer finance to adjust the annual rate below the cap of 24 percent. Tesla has completed the construction of the world’s biggest battery in South Australia.
The buzzword of the world has changed from “connection” to “efficiency” as the industry waves goodbye to fintech 1.0 and ushers in the age of fintech 2.0.
Plus, Singapore’s Leonie Hill Capital is to contribute half of the $60 million fund to invest in intellectual property-based tech startups in Southeast Asia. Uber agreed to buy 24 000 Volvo SUVs.
The bike-sharing company Bluegogo, which envisioned a bright future for itself as recently as the beginning of this year, is now in deep predicament. The cruelty of the bike-sharing battle probably lies in its unprecedented vulnerability to change. What should we draw from Bluegogo's story?