Fintech

Shunned in the West, the QR code underpins China’s cashless economy and coronavirus tracing efforts. Now it could be part of Apple’s new Gobi AR app.

Kitabisa has collected USD 10 million in donations for aid related to COVID-19.

Shopee orders are up 111.2% year-on-year, while Garena’s paying users grew by 72.5% to 35.7 million.

Since the online insurance was introduced in April 2020, around 222,000 users have signed up for the services.

The company’s digital payment services have been used by more than one-third of the country’s population.

Netizens wonder if it’s a move to build the payment app’s user base.

Temasek entry comes after a number of major international payment companies pulled out of the project.

Spark Systems will use the fresh funds to expand its business into the financial centers New York and London.