Annual review of the smart payment cards market.

Annual review of the smart payment cards market.

the Smart Payment Association (SPA), the trade body of the smart payments industry, today released the findings from its annual review of the smart payment cards market. Data collated by the SPA from its members reveal 2060 million payment chip cards were shipped globally in 2015. This represents an increase of 34% on last year’s […]

Alibaba announced it’s entry into Indian E-commerce

Alibaba announced it’s entry into Indian E-commerce

  Jack Ma’s Alibaba could complete head on with Jeff Bezos’ Amazon in India. chinese major Alibaba has promised to keep things hot. The country’s top e-commerce player Flipcart, founded by Sachin Bansal and Binny Bansal would also need to strategize to stay in the leadership position. Amazon had announced a $2 billion investment in […]

UAE Snack Producer Goes Nuts for Africa’s Big Seven

UAE Snack Producer Goes Nuts for Africa’s Big Seven

UAE Snack Producer Goes Nuts for Africa’s Big Seven One of the UAE’s fastest growing companies has chosen Africa’s Big Seven (AB7) to launch its range of food products aiming for up to 35 new export markets. Signature Snacks was launched in 2013 and has grown rapidly to now supply more than 60 countries with […]

Amazon plans to set up digital wallet in India

Amazon plans to set up digital wallet in India

E-tailer giant Amazon is planning to set up a digital Wallet in India. The company, as a part of its initiatives to create an online payment business, would create the new digital Wallet system through acquisitions, a local newspaper reported quoting insider sources from the company.  The plans were revealed at a time when Flipkart, […]

AB sells SABMiller’s stake to Chinese partner

AB sells SABMiller’s stake to Chinese partner

Anheuser-Busch InBev, the largest brewer in the World will sell SABMiller’s stake in China’s leading beer maker to the local partner for $1.6bn. The decision to sell its stake came after the merger decision with China Resources Beer (Holdings) Co. The Chinese company will purchase 49% stake in Snow Breweries, its joint venture with SABMiller. The Belgian-Brazilian brewing […]

Online Grocery in India estimated to develop at 55 percent

Online Grocery in India estimated to develop at 55 percent

Newly released market research study shows that the online grocery market in India would develop at 55 percent through 2021. The report released by TechSci Research, a global market research and consulting company with offices in Canada, UK and India suggests that the easy availability of products and improved logistics will help the country achieve the […]

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