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Friday, October 28, 2022
Xiaomi shuts down its financial services business in India
Chinese smartphone maker Xiaomi Corp has reportedly quietly exited the financial services business in India. According to a report in TechCrunch, citing sources familiar with the matter, the Chinese giant recently pulled the Mi Pay and Mi Credit apps in the country from the local Play Store and its own app store. The company has pulled its Mi Pay and Mi Credit apps in India from the local Play Store and its own app store. https://ift.tt/2yefT7o
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Shenzhen-based Even Realities, a startup that makes smart glasses without cameras, raised a $150M pre-Series B led by Meituan and Tencent (Kate Park/TechCrunch)
Kate Park / TechCrunch : Shenzhen-based Even Realities, a startup that makes smart glasses without cameras, raised a $150M pre-Series B l...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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Top fintech companies are rushing to tap into this new consumer trend, with several of them offering digital solutions to small merchants. h...
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