Thursday, May 14, 2020

Govt's investment policy upsets Xiaomi, Oppo's consumer finance plan

Xiaomi and Oppo, with more than 100 million in combined smartphone users in India, cannot directly lend to consumers without a shadow banking licence and have partnered with Indian financial companies to provide the funds for services offered on their platforms.

from Gadgets Now https://ift.tt/3bpwmwU

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