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Apple to allow third-party app stores in Brazil to settle iOS case with regulatorApple has agreed to let rival app stores and alternative payments operate on iPhones in Brazil, settling a long-running antitrust case. The...- Meesho sets aside Rs 480 crore from IPO for salaries. Worrying signal or smart talent investment?Meesho is witnessing strong investor interest ahead of its Rs 5,421-crore IPO, with grey market signals suggesting a ~30% listing premium o...
- Paytm shines as the only Indian name in Morgan Stanley’s global AI adoption leaders listPaytm, the sole Indian company, has been named an AI Adoption Leader by Morgan Stanley, recognized for embedding AI across its products. Th...
- Sellers on Amazon, MercadoLibre face competitive barriers, Mexico watchdog rulesAccording to Cofece, Amazon and MercadoLibre do not provide sufficient information to sellers on how featured products are determined, whil...
- Technical body of Brazil antitrust regulator recommends ruling against Apple in iOS caseIn a statement, CADE said its technical body recommended a fine, although did not specify what amount, as well as Apple putting an end to t...
- Amazon to spend $4 billion on cloud infrastructure in ChileAmazon Web Services will invest $4 billion to launch its first Chilean cloud region by late 2026, aiming to boost AI capabilities. Despite ...
- Brazil antitrust body rules Apple must lift restrictions on in-app paymentsLatin America ecommerce giant MercadoLibre complaint, filed in 2022 in Brazil and Mexico, accused Apple of imposing a series of restriction...
- Charting the global economy: India can be the world's no.1 contributor to GDP growth by 2028A new era of global rearmament is gathering pace, and it will mean vast costs and some tough decisions for western governments already stru...
- Walmart takes fintech plunge into Mexico's risky marketplaceWalmart de Mexico (Walmex) in April said it had bought Trafalgar, a payment app, to compete in a market dominated by Grupo Salinas' Baz, Ox...
- Argentine e-commerce firm MercadoLibre files complaints against Apple for 'anti-competitive practices'In a statement, MecadoLibre, the Argentine e-commerce giant said that Apple had imposed a series of restrictions on the distribution of dig...
- How Mukesh Ambani will use finance to tighten DNA loopA successful fintech loans platform draws upon what the Bank for International Settlements calls a self-reinforcing “DNA loop,” shorthand f...
- MercadoLibre to create cryptocurrency as part of loyalty programMercadoLibre told a news conference clients will earn MercadoCoins as cashback when buying products on the ecommerce platform.
- Twitter buys minority stake in digital advertising firm AlephAleph did not reveal any financial terms of the investment but said Twitter's stake buy would help the company expand its educational tech ...
- China's Alibaba sets $100 billion target for Southeast Asian e-commerce divisionChinese e-commerce giant Alibaba has set a target for gross merchandise volume of $100 billion in gross merchandise volume (GMV), the total...
- Singapore's Shopee changes the game in Brazil's ecommerce sectorShopee took just two years to become Brazil's most-downloaded shopping app, winning users to its low-cost marketplace with its game-changin...
- Facebook relaunches WhatsApp money transfers in BrazilWhatsApp had launched its payments services in Brazil in June, but the central bank suspended it some days later alleging it could damage t...
- Amazon expands in Brazil, riding e-commerce boom set off by COVID-19 distancingThe new units are already operating in the states of Minas Gerais and Rio Grande do Sul and the capital city of Brasilia. They increase the...
- PGIM India's global equity opportunities fund scales past Rs 300-cr-markThe second largest foreign investor-focused fund in the country is the Motilal Owsal Nasdaq 100 ETF, according to the industry.
- JPMorgan fund manager says always buy the dip in emerging marketsIndian banks are starting to win market share as more people seek financial services.
- Festival strategy: Flipkart, Snapdeal to focus on dominance without eroding marginsFor Flipkart and Snapdeal, this festival season will be about establishing their dominance, but they are unlikely to give margin-eroding di...
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