South Korea Ends Apple and Google Monopoly on App Store Payments

If you’re more of a soap opera fan, nothing beats the tribulations of BigTech.  Our latest episode finds us in South Korea, where a new law blocks Apple and Google from requiring that all sales go through their payment systems, which charge monopoly-level commissions.  Apple just settled a U.S. class action suit without losing that right, but how long will the maintain it and where?  Stay tuned.

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Borzo, a delivery startup which focuses on emerging economies, raises $35M

September 2, 2021

Borzo says its gig economy workforce enables delivery via any route, any transport, any weight or size. The startup says it has built algorithms to optimize numerous parallel delivery routes, taking into account the geographical routes, packages’ contents, couriers and other factors. it now has a customer base of 2 million users, 2.5 million couriers and operates in 10 countries, including Brazil, India, Indonesia, Korea, Malaysia, Mexico, the Philippines, Russia, Turkey and Vietnam.

CDPI Emerging Markets