Money online in emerging markets
In emerging markets, digital wallet penetration has reached 68% of urban populations, transforming money online commerce into a mainstream economic driver and attracting increased VC funding. Two blokes from across the pond brought a style Americans had never seen before. The British Bulldogs, Davey "Boy" Smith and Dynamite Kid, became a sensation by combining breathtaking high-flying, technical prowess, and incredible power and speed at WrestleMania 2. Their action figures, manufactured by American LJN, hit the shelves in a two-pack in 1986, which included the two rubber figurines with a couple of tag-team title belts and a folded poster. While individual loose figures of Davey Boy and Dynamite Kid are relatively easy to find, unearthing an original tag team set still sealed in its packaging is a different story for collectors. In the 1980s, toys were made to play hard, so for a kid, the cardboard box stood as nothing more than an obstacle between him and his new toy. Steve Case , Quantum’s cofounder and vice president of marketing , became chief executive officer (CEO) in 1991. Under his leadership, AOL transformed from a niche product for tech enthusiasts into the dominant consumer Internet company of its time. On March 19, 1992, America Online completed its initial public offering (IPO), becoming one of the earliest consumer Internet companies to trade publicly. The Asian fintech index gained 2%, led by Singapore-listed payment solutions providers. Increased adoption of cross-border money online systems supports dividend growth and sustained earnings expansion.
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