HSBC: JioHotstar had 300M paying subscribers in India in 2025, compared with 65M for Amazon Prime Video and 20M for Netflix; ~24% of OTT users pay for content
HSBC: JioHotstar had 300M paying subscribers in India in 2025, compared with 65M for Amazon Prime Video and 20M for Netflix; ~24% of OTT users pay for content
And more than $900 million in annual revenue in India. — Amazon Prime Video has more than three times the subscribers as Netflix in India, according to HSBC.
Hong Kong-based WeLab, which runs digital banks WeLab in Hong Kong and Saqu in Indonesia, raised $220M in equity and debt from HSBC, Prudential HK, and others
Hong Kong-based fintech firm WeLab Ltd. has secured $220 million from investors including HSBC Holdings Plc and Prudential Hong Kong Ltd. in its largest round of funding.
India lacks specific policies or zoning regulations for overseeing quick commerce dark stores, which HSBC projects will hit 5,000 to 5,500 by the end of FY2026
The army of on-the-clock delivery boys, imperilling themselves and pedestrians, has become a familiar sight across urban India.
Netflix has lined up a $59B unsecured bridge loan from Wells Fargo, BNP Paribas, and HSBC to support its WBD deal, one of the largest ever loans of its kind
Netflix Inc. has lined up $59 billion of financing from Wall Street banks to help support its planned acquisition of Warner Bros. Discovery Inc. …
HSBC signs a Mistral deal to access Mistral's AI models and co-develop models for tasks like financial analysis, translation, onboarding clients, and AML checks
Bank will use technology for tasks, including translation and document analysis — HSBC has signed a deal …
HSBC says it has tested an IBM quantum computing tool on European bond market data and saw a 34% improvement over traditional methods in predicting order fills
HSBC has just announced a world-first: real, production-scale algorithmic bond trading powered by quantum computing, in partnership with IBM. … Octavian Florescu : I would like to see independent conf...
HSBC shuts Zing, its payments app launched in January 2024 to compete with Revolut and Wise, marking the latest failed fintech venture by a traditional bank
Akila Quinio / Financial Times :
How Chinese e-commerce companies like Pinduoduo pushing to lower prices are making China's deflation worse; HSBC says ~60% of Chinese consumers use e-commerce
New York Times : X: @michaelxpettis and @michaelxpettis X: Michael Pettis / @michaelxpettis : 2/2 Their activity forces a compression of business profits in favor of expanding real household income o...
AI threatens to upend India's $250B outsourcing industry, as companies plan to automate BPO; HSBC says 80%+ of the S&P 500 outsource some operations to India
Megha Mandavia / Wall Street Journal :