Internet Giants in Southeast Asia Bet on ‘Buy Now, Pay Later’

Some of Southeast Asia’s biggest internet companies are trying to boost their revenue with an age-old business form: lending.

Buy now, pay later Services have increased rapidly in Southeast Asia as a result of the Covid-19 pandemic. Grab Holdings Sea Ltd. and GoTo Group are both providing customers with short-term loans to help them pay for a wide range of products and services, including taxis, food delivery and beauty products. The most recent service rollout in the region was in July, when GoTo launched a postpaid service called GoPayLater Cicil — which means “installment” in Indonesian.


News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button