KUALA LUMPUR (May 22): Telecommunications group Axiata Group Bhd slipped into the red in the first quarter ended March 31, 2018 (1QFY18), posting a net loss of RM147.41 million compared with a net profit of RM239.02 million.
In a statement today, Axiata attributed the quarterly loss to higher share of business losses from its Indian associate Idea Cellular Ltd of RM124.3 million as the Indian telecommunications market continued to struggle with the devastating price war and a hypercompetitive market.
People really love getting their coffee more quickly. Starbucks, which has operated its own mobile payments service since 2011, is the market leader in terms of mobile payments users, beating out Apple Pay, Google Pay, and Samsung Pay, according to a new reporter from eMarketer out this morning. However, Starbucks’ lead over Apple Pay is […]