November 11 (11-11) is China’s biggest e-commerce sales day, known as China’s Singles Day- China’s largest online shopping festival.
This year, 2020 marks the 12th instalment of the Global Shopping Festival, breaking old records and creating new ones.
India has overtaken China in attracting venture capital (VC)-backed investments in the fintech sector both in terms of deal value and volume in the March quarter, said data and analytics firm GlobalData. This comes amid diminished investment appetite for fintech startups due to the covid-19-led global economic crisis. China, where the pandemic originated, has been particularly hit hard.In the last two years, China’s fintech startup ecosystem was a breeding ground for VCs. This trend has now been reversed with Indian fintech startups attracting more investments.“In Asia, though there is an…
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