Banking the unbanked in emerging markets

As countries progress, citizens migrate from remote villages to large cities and foreign countries. Their economic power rises and they participate in the global economy. People need to purchase food, pay electricity bills, top up transportation cards, arrange online services, buy overseas goods, repay loans, and send money to relatives. Unlike the U.S., however, where 93% of peoplehave banking options, many in developing markets do not. Globally, an estimated 2 billion adults lack access to formal financial services. The services that are available are typically cumbersome and expensive. To address this gap, fintech startups…

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Netflix vs Amazon Prime Video: Who’s winning in emerging markets?

As internet penetration is growing exponentially in some emerging economies, particularly Brazil and India, the two biggest video streaming services Netflix and Amazon Prime Video are going all in. Amazon Leading the Way, Netflix Trailing Behind Amazon came to India in 2013 and has already caught up with India’s biggest eCommerce site Flipkart in only 3 years. The numbers were impressive, from 2015 to 2016 Amazon grew its business 120%. In December 2016, Amazon launched its Prime Video service there. The price was an important factor in attracting new subscribers: charging only $15 per…

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A Focus on Ageing in Emerging Markets

The developed nations in the West are often described as ageing and trying to focus on solutions for the challenges that come with it, while emerging nations are characterized as young, energetic and full of opportunity for the youthful population. Rapid advances in wealth, healthcare, nutrition and less physically intensive labour also impacts longevity. More people are living longer in developing countries and this is definitely a reason to celebrate, however this new reality also brings challenges that will need to be addressed. According to Helpage and The World Bank,…

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The Impact of “Big Tobacco” on Emerging Markets

Smoking has always been a divisive subject. While in developed countries, health awareness, high taxes and advertisement restriction might have been the factors contributing for the decrease in number of cigarette sales, in emerging economies, tobacco companies seem to be cashing in more and more. Economic development means more disposable income and more wiggle room in regulations, and tobacco companies are well aware of that. Smoking in Numbers In 2015, global cigarette sales closed the year with $685.5bn, which amounts to 5.6 trillion cigarettes consumed, and 20.4% of the world’s…

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How eHealth is revolutionazing healthcare in Emerging Markets

Emerging markets have often struggled with proper education and information, especially as regards basic healthcare knowledge for the main part of the population. Eyeing that gap, Google has made a big move on its Indian site: it added health information on its Knowledge Graph – Google’s semantic search base, which it uses to supplement organic search results with summarised information. This means that next time someone in India uses Google to search common health conditions, it will show information cards (illustrated with pictures) with typical symptoms, as well as details…

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Emerging Markets: The Next Big Opportunity For Music Streaming Services

human with headphones to illustrate music streaming services

Music streaming could be the miracle response for labels and music companies in the piracy-ridden emerging markets. According to a MIDia report, the price of music streaming is dropping and the total number of music streaming subscribers is set to keep growing, forecast to reach 221.5 million globally by 2020. Emerging economies will play a important role in this growth. Though music streaming is not limited to mobile phones, the increasing ownership of smartphones across regions beyond developed economies that presents significant opportunities for music streaming services. As people in emerging…

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How Big Data can make people healthier in Emerging Markets

Guest post by Will Greene In many emerging markets, reliable data on healthcare systems is limited or nonexistent. This makes it difficult to address urgent healthcare challenges in many countries. But a growing number of tech entrepreneurs and public health activists are finding ways to fill the data gaps. There are many gaps to address. Such healthcare systems and supply chains are not typically powered by modern IT systems. Large quantities of health data end up in paper records that are lost or forgotten. Undocumented cash transactions at hospitals and…

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Snapchat loses in emerging markets while Facebook wins

Every single day there are hundreds (if not thousands) of articles about how Snapchat will take over the social media world. Or, how Snapchat has revolutionized social media. When Snapchat launched Spectacles – glasses that record you Snapchat videos and stream them via Bluetooth into your phone – caused so much buzz I couldn’t even believe. News the new colourful Spectacles flooded my newsfeed – from tech savvy couples using it in the bedroom to a surgeon performing a live surgery using it. It seems that everyone in “the world”…

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ASEAN eCommerce sets to replace China saturated market

Guest post by  Kim Jae-kyoung SINGAPORE ― The ASEAN region (The Association of Southeast Asian Nations) is emerging as one of the most promising e-commerce markets in the world to replace the saturated Chinese market. Following the establishment of the ASEAN Economic Community (AEC) at the end of 2015, e-commerce is providing huge opportunities for Korean retailers seeking new customers abroad. Most member states of ASEAN, including Indonesia, Thailand, Malaysia, Singapore, the Philippines and Vietnam, are experiencing an e-commerce boom. The Internet-based retail market has been relatively underdeveloped in Southeast Asia…

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