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Japan’s Startup Index Soars To Highest Point Since 2006

PYMNTS

The Tokyo Stock Exchange Mothers Index , which tracks Japan’s startups, has climbed back up this year to finally match an earlier high set in 2006. 2 best-performing equity index in the Asia-Pacific region. Bloomberg reported that the startup index has gone up by more than 50 percent this year, despite the coronavirus pandemic.

Regional 141
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Pepsi’s $705M Buy Of Snack Seller Makes It Leader Of China Market 

PYMNTS

The move, if approved by Haoxiangni shareholders and China’s top market regulators, would make Pepsi “China’s leading consumer-centric food and beverage company.”. China’s snack market is very profitable and grew 400 percent from 2006 through 2016, according to a study in 2019 by China’s Ministry of Commerce.

Marketing 130
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Builder Index Hits Record High As Suburbs Lure City Dwellers

PYMNTS

Builder confidence is surging for the second consecutive month, hitting a record high of 85 in October, according to the National Association of Home Builders (NAHB/Wells Fargo) Housing Market Index (HMI). percent in August, the biggest jump since September of 2006. It also asks builders to rate buyer traffic.

Regional 130
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Africa’s Quiet Cashless Payments Revolution

PYMNTS

They’ve seen it since they started working on the ground in Africa in 2006 to develop an online booking system for a small Kenyan airline looking to make themselves more appealing to foreign customers. But we do want them to be able to enter the region.”. No one calls this eCommerce.,” Feinstein said. The Global, Local Two-Front Push

Payments 284
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How Facebook Unfriends Ad Fraudsters

PYMNTS

Digital fraud is particularly threatening in Southeast Asia, despite the fact that the Association of Southeast Asian Nations’ (ASEAN) eCommerce market is projected to exceed $200 billion in value by 2025. Account takeovers (ATOs), identity theft and phishing were found to be the most common methods of attack in this region.

Fraud 158
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Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market

PYMNTS

The company also announced Nina Barjesteh as the new marketing chief and the creation of a new position of chief customer officer. Chief Executive Chip Bergh said: “We are pleased with the third-quarter results with broad-based revenue growth across all three regions, despite the continued challenging environment, particularly in the U.S.

Retail 100
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The declining elasticity of US housing supply

BankUnderground

The 1996-2006 boom vs the 2012-2017 recovery. House prices in the United States have increased by roughly 30% in real terms since the housing recovery started in mid-2012, a remarkably similar pattern to the 1996-2006 housing boom (top panel of Figure 1). Main framework to estimate local housing supply elasticities.

US 52