February 27, 2021

Southeast Asia's mobile payments face shakeout as market booms

1 min read

HO CHI MINH CITY/HONG KONG/SINGAPORE: Just next to Ho Chi Minh City’s financial district, two dozen street vendors’ stalls display colourful adverts for e-wallets backed by private equity firm Warburg Pincus, ride-hailing firm Grab and Singapore sovereign wealth fund GIC, among others.

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