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Emerging markets News

Aiding unbanked emerging market consumers: Interview Special

Wala is a new financial platform built on the Ethereum blockchain designed help the 3.5 billion unbanked emerging market consumers reach financial prosperity by eliminating their barriers to banking. We spoke with Tricia Martinez, the CEO of Wala.

Samsung planning to copy Apple and sell refurbished smartphones

Samsung reportedly intends to launch a program selling refurbished, used versions of its smartphones next year. It will use it to sustain its income, selling refurbished phones at a discount to emerging markets. Apple already has a similar program.

730 million people will be online in India by 2020

India is widely regarded to be the last remaining major economy yet to fully succumb to the digital revolution. It's well on the way to getting online though, due to the rise of smartphones. A new report has predicted it will have 730m web users by 2020.

Facebook has a data centre full of five-year-old smartphones

Facebook's data centres mostly contain racks of servers to store user data. Though one of them holds something a little different. Inside a facility in Oregon, the company is testing its apps on hundreds of ancient smartphones, measuring performance.

Samsung refreshes Galaxy phones for India, adds a worse display

Samsung has announced new versions of its India-exclusive Galaxy On5 and Galaxy On7 Android smartphones. The budget-oriented devices are designed to appeal to the masses in one of the world's largest emerging digital markets.

The world's first $4 Android smartphone is finally launching

Back in February, Indian telecoms firm Ringing Bells unveiled a smartphone that costs just $4. It quickly ran into trouble though, being investigated for fraud allegations and claims it directly copied other handsets. Four months on, it's finally on sale.

Is the Facebook WhatsApp buy about defense in emerging markets?

Facebook's $19 billion acquisition of WhatsApp appears to be a defensive move among teen users and the broader mobile environment, but is it really about international and emerging markets?

Op-Ed: Direct selling brings challenges, rewards in emerging markets

With the growth of the emerging markets, direct sales companies are embracing the challenges and rewards of encouraging individual entrepreneurship.

Nissan to revive the Datsun with a sticker price of $3,000

Nissan continues to move forward with its plans to revive the long-retired Datsun brand. The company says the cars will carry a sticker price of just $3,000 - $5,000 and will be sold in limited markets.

China criticizes Washington, Federal Reserve's $600 billion QE2

Beijing - A Chinese official has blasted the United States Federal Reserve's recent monetary policy announcement of pumping $600 billion into the economy. China is concerned over volatility to emerging markets.

Disappointment in handling of credit crisis weighs on U.S. dollar

While the U.S. economy is showing signs of recovery in some segments, the intermediate and long term damage to the greenback may already be in motion.

Op-Ed: Peru Set to be Fastest Growing Economy in Latin America in 2009

International agencies forecast that Peru will continue to grow at a fast pace in 2009 .Relative strength of the Peruvian economy in the midst of unprecedented global weakness.

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