2023-07-11
BluSmart, an Indian ride-sharing company backed by BP's venture capital unit, is adding hundreds of new electric vehicles a month as it tries to beat Uber and Ola in the race to electrify the country's taxi market. https://www.ft.com/...
Financial Times
A look at EV ride-hailing startup BluSmart, which operates ~4,500 cabs in New Delhi and Bengaluru, and has raised $120M+ in equity and debt from BP and others
Benjamin Parkin / Financial Times :
2023-04-25
Cost of living concerns and higher inflation are two main drivers behind the “dupes” trend. “The economics behind it is quite simple, it's people moving to cheaper alternatives,”
Financial Times
On TikTok, guides to buying “dupes” of pricey luxury items are gaining a following and sparking debates over knockoffs; #dupes has 2.1B views and #reps has 1.9B
Annachiara Biondi / Financial Times :
In 2012, a classic Chanel flap bag could be yours for $4,400. Today, the price has gone up to $10,200. In a TikTok video, user Amanda Rennick shows a duplicate, or “dupe”, of the bag she bought for $55 on Chinese cross-border site DH Gate. https://www.ft.com/...
Financial Times
On TikTok, guides to buying “dupes” of pricey luxury items are gaining a following and sparking debates over knockoffs; #dupes has 2.1B views and #reps has 1.9B
Annachiara Biondi / Financial Times :
2023-04-20
At the heart of this effort is the so-called India Stack: government-backed APIs, or application programming interfaces, upon which third parties can build software with access to government IDs, payment networks and data. https://www.ft.com/...
Financial Times
A look at the India Stack, a set of government-backed APIs on which third parties can build apps integrated with state services for payments, loans, and more
New Delhi has pioneered a new approach to online infrastructure in its drive to connect 1.4bn. But there are privacy and data protection concerns Tweets: @akothari , @lakshmishaks...
2022-06-15
“Banks have learned from past crises and are now pretty careful and sophisticated about their asset-liability mismatches. It's a skillset and I don't know to what extent the crypto lending market has learned it yet,” https://www.ft.com/...
Financial Times
Celsius portrays itself as a simple company offering “financial freedom” but risky trades and bets have led to a crisis, halving its assets to $12B in May
Financial Times : Tweets: @firstadopter , @lakshmishaks , @financialtimes , @adamlevitin , @firstadopter , and @kadhim Tweets: @firstadopter : FT: “Celsius was also the holder of ...
“Banks have learned from past crises and are now pretty careful and sophisticated about their asset-liability mismatches. It's a skillset and I don't know to what extent the crypto lending market has learned it yet,” https://www.ft.com/...
Wall Street Journal
Source: crypto lender Celsius Networks is looking for financing options from investors and exploring other strategic alternatives, like financial restructuring
Celsius Network, among the largest crypto lenders, has paused user accounts, citing extreme market conditions