In global terms, the world has experienced a skyrocketing demand in digital payment and banking services after two years of struggle with the pandemics. With an over 50% increase in mobile app usage in Hong Kong and Singapore, this unprecedented growth drives a massive opportunity in digital banking across Asia.[1] It changes the landscape of traditional banking and creates a…
The COVID-19 crisis has changed the meaning of “dine out” and “window shopping”. According to the 2021 Q2 Consumer Survey conducted by GlobalData, a leading data and analytics company, 58% of respondents are concerned to go out to public areas due to covid-19 health risks in Asia. [1] The pandemics cannibalise fast and hard on old-fashioned restaurants that notoriously slack…
The pandemic has taken a toll over the F&B industry, a time where organic in-store traffic was severely reduced by lockdown and dine-in closures. Online and on-demand delivery platforms help small businesses and restaurants stay afloat in this chaotic period. In Asia, foodpanda is presently the most leading food delivery player, operating in more than 400 cities in 12 markets…