SOUTH KOREA RECORDS FRESH HIGH IN ONLINE SHOPPING IN DECEMBER

Highlights –

• South Korea records fresh high in online shopping in December.
• In December 2020, online shopping transactions stood at $14.2 billion.
• Smartphones, tablets, and other mobile device purchases rose 33.8 percent.
• O...

UBS MAY INVEST $400 MILLION IN INDIA'S PAYTM

HIGHLIGHTS

• UBS Group might be planning to invest $400 million in Paytm.
• Paytm is owned by Ant Group of India.

According to some media reports, UBS Group may invest $400 million in Paytm, which is owned by India-based Ant Group. With ...

NAVER’S REVENUE JUMPS THREE FOLD ON BACK OF CONTAGION- PRODDED ONLINE SHOPPING

• South Korea's top internet portal operator Naver Corp. said Thursday its net profit nearly tripled in the third quarter from a year earlier on the back of boost in online goods transactions on its platform amid the pandemic.
• Net profit reached 235.3 billion won ($207.5 mill...