News Snapshot:
Facebook, Paypal plan to enter digital payments space in Southeast Asia IANS 0San Francisco/New Delhi: With an aim to cement their position in the fast-growing digital payments market in Southeast Asia, Facebook and Paypal have invested in Gojek, Indonesia-based first and fastest-growing app for ordering food, shopping, commuting and making digital payments.Matt Idema, Chief Operating Officer, WhatsApp, did not disclose the sum the company has invested in Gojek but said the move underscores Facebook’s commitment to serving small businesses and helping bring them and their customers into the digital economy.Since its launch in 2015, the Gojek app has helped bring...
