Indonesia e-commerce firm Bukalapak and Standard Chartered have launched BukaTabungan, a digital banking service that leverages the reach of Bukalapak’s all-commerce platform and Nexus technology, which is Standard Chartered’s Banking-as-a-Service (BaaS) solution.
When the going gets tough, Meta runs away as fast as it can. Their response to e-commerce challenges is to scale back Instagram’s shopping pages and refocus on ad sales. The move comes one month after Meta-owned Facebook dropped its own live shopping product.
Naver Z, affiliate of South Korea-based internet giant Naver Corp., announced Thursday that the company has signed a memorandum of understanding (MoU) with Thailand’s biggest communications conglomerate True Corporation to build a global metaverse hub for creators.
The U.S. Senate has passed a bill that could potentially ban TikTok in the U.S. if its Chinese owner, ByteDance, does not sell its holdings within a year. The bill now goes to the President Biden, who has said he will sign it. Court challenges are likely to follow.