Data | India’s COVID-19 cases are the fastest growing in the world

 Where India standsThe chart shows the number of new cases recorded in the 15 countries with the most infections between June 9 and August 8. Each square represents the number of cases registered on that day. The darker the colour, higher the new cases in the country.

American Express is buying Kabbage, the rising-star fintech startup for small businesses

“We have built a technology and data platform that provides [small businesses] with the kind of capabilities and insights often reserved for larger businesses,” Kabbage CEO and cofounder Rob Frohwein said in a written statement. “By joining American Express, we can help more small businesses succeed with a fully digital suite of financial products to […]

E-commerce revenue grows 25 percent in 2019

Hanoi (VNA) – Vietnam’s B2C e-commerce revenue rose by 25 percent to 10.08 billion USD in 2019, according to the e-Commerce White Book 2020 released by the Ministry of Industry and Trade (MoIT)’s e-Commerce and Digital Economy Agency (iDEA). The number of online shoppers grew about 1.12 percent year-on-year to 44.8 million people last year […]

Vietnam’s e-commerce revenue grows 25 percent in 2019

He noted that e-commerce has smoothed the way for the flow of goods and services and supported firms, especially small- and medium-sized enterprises, in seeking business opportunities in the era of international integration and the Fourth Industrial Revolution.

E-com recovers, grows 17% post-Covid-19

“With changing consumer buying patterns and preferences, the rise of new first time online users, increased focus on digitisation by retailers and brands opting for D2C (direct to consumer) model, we are confident the e-commerce industry will emerge as the most promising market across the globe with tremendous growth potential in the future,” he said.

This VC fund wants to focus on gaming space exclusively. Will it work?

Online gaming is still a new sector, and investors generally get an exit only when a startup sells to a larger rival. “For gaming, M&A is the biggest source of exits and largely facilitated by giant corporates with big balance sheets for acquisitions. With these investors (LPs), they will become portfolio company partners, publishers, customers, […]

Former shop boy’s Dukaan app is empowering shopkeepers in small town India

In May this year, it was estimated that the lockdown would force over 60% of small retail businesses out of business. Technology, however, has played a massive role in reversing the trend. Easy-to-use smart apps like Dukaan are coming to the rescue of small businesses, from grocers to fashion stores.

We Need to Talk About Silicon Valley’s Racism

White male tech investors like Sacca are more than just a privileged class of people who have a follower count that surpasses their understanding of the social world. Because of their wealth, they gain access to political power and influence in a nation whose economy is beginning to orbit around Silicon Valley. They feel entitled […]

Twitter to roll out ad products to 50 countries

“We like to say we are the free speech wing of the free speech party,” he added. “The beauty of Twitter is that it is public, unless you have a protected account, when you tweet it is broadcast and everyone can see it. We operate on the assumption there are more good people than bad.”