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Latest: Fintech News

Tencent Buys $264m Stake in India’s Flipkart – Economic Times
Tencent Buys $264m Stake in India’s Flipkart – Economic Times

Bansal now has a 1.84% shareholding in Flipkart after selling part of his stake to Tencent Cloud Europe, the Indian news site said.

UAE, India Sign Deal to Cooperate on Advanced Tech
UAE, India Sign Deal to Cooperate on Advanced Tech

India plans to sign a deal with the United Arab Emirates (UAE) to cooperate in advanced technologies, from supply chains...

Half of Wealthy Asian Investors Hold Digital Assets: Accenture
Half of Wealthy Asian Investors Hold Digital Assets: Accenture

Affluent investors in Asia allocate an average of 7% of their portfolio to digital assets — more than foreign exchange, commodities or collectibles, the Accenture report said

Indonesia Crypto Exchange Pintu Raises $110m – Decrypt
Top China Livestreamer Li’s Absence Extends to a Week
China’s Zeng Teams Up With Ex-Credit Suisse Boss Thiam – FT
Retailer Purplle Becomes India’s Latest Unicorn – Deal Street Asia
Ant Group Said to Revive IPO in Latest Sign of Easing Tech Crackdown
Tencent to Release Flagship Game ‘Honor of Kings’ Globally
US Says Chinese Hackers `Compromise’ Major Telecom Firms

Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors