Payments

A slowdown in short-video growth triggers ByteDance’s search for other monetization methods in e-commerce, on-demand services, and healthcare.

Thunes’ services are already available in 110 countries.

Central bank white paper notes plans for more trials but no rollout date.

Paytm’s IPO will be the largest-ever listing in the Indian capital market, surpassing Coal India’s INR 154.75 billion IPO in 2010.

MobiKwik is eyeing a valuation of USD 1 billion at its public market listing.

Central bank instructed to develop blockchain-based digital money.

Binance faces potentially hefty financial penalties in Thailand, and the company’s staff could be jailed.

Southeast Asia is one of the most rapidly digitalizing regions in the world, with 70% of the region’s population online in 2020, according to the report.