How Amazon, Alibaba and Tencent have entered the working capital space race
Evolution in fintech is challenging the way corporates manage their cashflow. Given their acquisitions Amazon, Alibaba and Tencent are at the pointy end – particularly in Asia.
Developments in South East Asia's fintech space have turned into a race: names such as Amazon, Alibaba and Tencent have moved into areas that were once the preserve of bricks and mortar banks and changed the way that corporates deal with working capital.
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