In China and the US, 59% of internet users are comfortable using secondhand clothing items, making those countries where the resale fashion economy is most ripe for growth.

TikTok will surpass 1.5 billion users in 2022: Despite challenges, TikTok has proven resilient and will likely command marketers’ attention and ad spend.

Billions of dollars from SoftBank, others are poised to transform India’s digital economy: Broader 4G coverage, along with regulatory challenges tied to operating in China, increasingly make India a land of market opportunity.

In the kitchen, unexpected twists can result in exciting new flavors. Watch Industry Voices: Spotlight on CPG with Cafe Spice’s CEO and co-founder Sameer Malhotra to see how ingenuity and resilience are driving new recipes for success in the grab-and-go meals category.

The credit score startup is in talks to raise funds at a $5.5B valuation. Expanding its platform will enable it to exploit surging credit card adoption in the country.

Groww is in talks for a new raise that would triple its valuation to $3B as investors eye huge user acquisition opportunities for local fintechs.

Revised rule guidelines mean online merchants and payment gateways won’t be allowed to save card details, limiting the ability to market products to consumers and potentially adding friction for customers—but it could benefit UPI and mobile wallets.

Crypto exchange CoinDCX raised $90 million as crypto investments spike in India, suggesting doubts over future government actions to curtail crypto trading haven’t shaken investors.

The prepaid digital payment system caters to essential transactions like medical payments and food vouchers and can help increase financial inclusion for the country’s unbanked population.