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Google Eyes Investing In Indonesia’s eCommerce Hub Tokopedia

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Bloomberg reported America’s largest internet corporations are eyeing Asia where the region is exploding with smartphones and tech-savvy residents. The country’s eCommerce market is projected to expand from $21 billion in 2019 to $82 billion by 2025, according to a recent study by Google, Temasek and Bain & Co., and Europe.

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SAP Sees Q3 Revenue Decline As Corporates Delay Projects

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Lockdowns have been re-introduced in some regions, recovery is uneven and companies are facing more business uncertainty," the company said. SAP will accelerate growth in the cloud to more than 22 billion euros [$26 billion] in 2025 and expand the share of more predictable revenue to approximately 85 percent.". billion euros ($7.7

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Ireland Boosts FinTech Development Efforts

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As reported this past week, per Yahoo Finance , Ireland wants to see as many as 50,000 people employed directly within the country’s international financial services sector, with a target date of 2025. The government said that, in the wake of Brexit, roughly 100 financial firms have applied to set up shop or expand operations in Ireland.

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Amazon Sets Sights On Southeast Asia

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The move comes as part of a larger targeting of Southeast Asian markets, according to TechCrunch , starting with beginning selected regional services in Singapore in the first quarter of 2017. Southeast Asia certainly has the population Amazon seeks in its international investments: The region is home to over 600 million consumers.

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Deep Dive: How The COVID-19 Pandemic Is Shifting Latin America’s Open Banking Plans

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Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. There were 441 FinTechs operating in Mexico in 2019, a 14 percent increase from 2018. Open Banking And Digital Readiness.

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How Spend Tools Feed Food Banks’ Need For Accountability

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Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

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Alibaba Flexes In Southeast Asia

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Lazada operates in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam and has access to a consumer base of about 620 million. The region’s internet economy is projected to become a $278 billion market by 2025. In total, the region has about 150 million digital customers as of 2016.

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