Understanding the key tax requirements in India’s $137 billion m-commerce market

Internet use in India has grown massively - mostly through the availability and adoption of mobile, with a reported 300 million people now online. In tandem, e-commerce is also experiencing major growth with home grown companies like Flipkart as well as international e-commerce outfits like Amazon, all generating profit from the newly internet enabled Indian consumer. However, with commerce comes new levels of complexity when it comes to tax and VAT.  Here Rajeev Agarwal Desai Haribhakti & Co. Partner International Tax & Regulatory (Independent member firm of Baker Tilly India) … [Read more...]

Up close with the Giants – MEFTV interviews Baidu and LINE

Last month MEF hosted the inaugural MEF Global Forum Mobile First Markets in Bangalore, where  members and delegates came together to discuss the mobile opportunity across South East Asia, Middle East, Africa and of course India. One of the highlights was an engaging debate on the insider strategies of global giants operating in emerging markets. Here MEFTV speaks with two of the panellists, Chinese internet giant Baidu and communications platform LINE to hear their thoughts on the day’s discussions and gain insights into their strategies for providing services to diverse and challenging … [Read more...]

Global Mobile News Round-up – Week 27th July

Visa Invests $5 Billion in Stripe, mHealth Market Headed for $33.7 Billion China has more mobile gamers than America has people, Data and VAS become Vivo's main revenue line and more global news... Each week the MEF team curates mobile stories from around the world. Essential news you may have missed, the latest market insight & data nuggets, the Global Mobile News Round-up offers an instant international mobile content and commerce snapshot.  Global News Stories Visa Invests in Stripe at $5 Billion Valuation and Strikes Commercial Deal, Too re/code Credit card … [Read more...]

Consumer Trust : Building a coalition of the willing

Privacy and security took centre stage at MEF’s 4th Annual Consumer Trust Summit last month in New York. Simon Bates, MEF’s Senior Advisor for Policy & Initiatives was on hand to witness the debate. When we reflected on last year’s Summit in Washington DC it was apparent that, while regulation plays an important role in building trust in mobile services, it’s not the whole story. This year we wanted to put commerce at the heart of the debate, examining how innovation and business development are shaped by consumer concerns around trust issues like privacy and security. So we bid … [Read more...]

Global Mobile News Round-up – Week 20th July

Local smartphone vendors succeeding in emerging markets, mobile money transfers and global mHealth services are booming, US now seen as 'mobile first' market and more... Each week the MEF team curates mobile stories from around the world. Essential news you may have missed, the latest market insight & data nuggets, the Global Mobile News Round-up offers an instant international mobile content and commerce snapshot.  Global News Stories Local Smartphone Vendors Making Hay in Emerging Markets Mobile Marketing Magazine The latest 2015 smartphone report from Futuresource … [Read more...]

5 Minutes with… Loviit

In our 5 minutes with profiles, MEF members talk about their business, their aspirations for the future and the wider mobile industry. This week, Marcel Vaschauner, CEO & Founder of Loviit, a mobile payments solution from Buongiorno. What does Loviit do? Loviit is a new solution for mobile payment and financing covering all services around the payment chain, guaranteeing a weekly payout. With only one integration and one agreement our customers have all payment options ready to start business internationally. In addition, we offer hire purchase to our merchants’ consumers and are … [Read more...]

12 years of the Meffys

Today we're announcing that, much to the relief of the many of you who have been phoning our London HQ all week, we're extending the deadline to enter the Meffys to July 31st. This means you'll have more time to get your entries together for our biggest global mobile awards show yet, the 12th annual celebration of all things mobile. Check out the website for all the information. Here, veteran Meffys Judge and industry journalist Tim Green reflects on those 12 years and what makes the awards unique, from their humble beginnings to the modern 17 category affair we know today, a reflection of … [Read more...]

Global Mobile News Round-up – Week 13th July

India heads from 1B voice users to 1B internet users, Google dominates app downloads , Apple Dominates Revenues, Visa brings connected car payments to life, Apple Pay hits UK, China makes up 1/5th of the global mobile gaming market and more... Each week the MEF team curates mobile stories from around the world. Essential news you may have missed, the latest market insight & data nuggets, the Global Mobile News Round-up offers an instant international mobile content and commerce snapshot.  Global News Stories India ready to leap from 1B voice users to 1B internet users - … [Read more...]

Five Digital Health Trends That Are Reshaping Healthcare

Back in February at Mobile World Congress, much of the buzz was focussed on the Internet of Things, data, wearables and smart devices with so much of the exhibition and discussion noticeably shifted to capture the array of things that mobile now enables.  Connected cars, health bands, smartwatches – even bow-ties and cuff-links were featured on one of the many Samsung stands. As the mobile ecosystem continues to expand to include more and more vertical sectors healthcare is perhaps the sector that has the potential to deliver the most striking benefits to consumers.  This infographic from … [Read more...]

Building the sustainable business of consumer trust

MEF’s fourth Annual Consumer Trust Summit was recently held in in New York, where mobile privacy experts, MEF members and guests met to discuss the business critical issue of consumer trust and privacy. MEF CEO Rimma Perelmuter opened the event, and here offers a call to action for the industry to address the growing need to build trust & empower mobile consumers via the next phase in MEF’s Consumer Trust initiative. Last month I was delighted to open MEF’s Consumer Trust Summit in New York. Our fourth annual event this year was co-located with Momentum’s Business of Privacy Summit and … [Read more...]

Global Mobile News Round-up – Week 6th July

Pay by selfie with Mastercard, mobile banking to overtake net banking, connected car safety concerns, Cryptographers Fight FBI on Mobile Security and more... Each week the MEF team curates mobile stories from around the world. Essential news you may have missed, the latest market insight & data nuggets, the Global Mobile News Round-up offers an instant international mobile content and commerce snapshot.  Global News Stories MasterCard will approve purchases by scanning your face CNN This fall, MasterCard will start experimenting with a new program: approving online … [Read more...]

Grey Routes Pose Hidden Threat to Text Messaging

In this guest blog post, Syniverse's Chris Wright, Senior Carrier Services Director, explores the murky depths of "grey route" text messaging whereby fraudulent messages can be sent to individuals by unscrupulous spammers and scammers. The post looks at how these pertain to operators, how they have grown, how they hurt operators and how they can be stopped. For even more insight, check out the accompanying podcasts which look at the threat for enterprises and what can be done to counter it. In a mobile world of multiple devices, operating systems and service providers, SMS continues to be one … [Read more...]

Meffys Spotlight – Bitstrips

With the deadline for entering the 12th annual Meffys fast approaching (17th July 2015 - get yours in quick!) we are taking a look at some of last year’s winners to find out what winning a Meffy meant to them and what they’ve been up to since. This week, 2014's winner of the Social and Entertainment category - the hugely popular Bitstrips - fill us in on what they've been busy with this year, as we meet co-founder and CEO Jacob Blackstock. What did Bitstrips win a Meffy for? "Our customizable comics also blend social and entertainment in a novel and unusually effective way that people … [Read more...]

MEF Global Forum Mobile First Markets in Pictures

The MEF Minute team have just landed back from Bangalore, India where the inaugural MEF Global Forum Mobile First Markets took place. 200+ members and delegates came together to learn fascinating insights into the mobile opportunity across South East Asia, Middle East, Africa and of course India. In the week that saw the launch of the new Indian Government’s Digital India Week #MEFGF Bangalore gave delegates access to some of the exciting innovations happening locally and across the region. 50+ speakers including Amazon, Micromax, Ola, Baidu, Deezer, Twitter, LINE, Mozilla, Yahoo and … [Read more...]

Global Mobile News Round-up – Week 29th June

Apple Music launches, India smartphone market to surpass U.S., Xiaomi Sold 34.7M Smartphones so far this year, Facebook opens first office in Africa and much more... Each week the MEF team curates mobile stories from around the world. Essential news you may have missed, the latest market insight & data nuggets, the Global Mobile News Round-up offers an instant international mobile content and commerce snapshot.  Global News Stories Everything you need to know about the Apple Music launch The Next Web Apple is launching a new streaming music service tomorrow that will … [Read more...]

Will Native Advertising Go Mainstream in 2015?

For the advertising world, 2014 was "the year of native". Everyone, from ad networks to consumer brands and TV presenters made moves to capitalize on the virility associated with these ads.  And their success marks how the industry is changing to offer digital experiences that hold consumers' attention using technology that makes ads much more contextual and unobtrusive. Here, Chief Product Officer, Piyush Shah at MEF Member InMobi discusses some of the key benefits as native ads on mobile continue to catch fire. Native advertising has been evolving at breakneck speed over the past few … [Read more...]

Global Mobile News Round-up – Week 22nd June

How Yahoo can stay relevant in the mobile-first world, Asia mobile app usage overtakes US, mHealth could save $100 Billions, Africa leads the way for mobile money services and more... Each week the MEF team curates mobile stories from around the world. Essential news you may have missed, the latest market insight & data nuggets, the Global Mobile News Round-up offers an instant international mobile content and commerce snapshot.  Global News Stories How Yahoo Is Fighting To Stay Relevant In The Mobile-First World TechCrunch Yahoo’s business has always been about using … [Read more...]

Meffys Spotlight – Pollen VC

With the 12th annual Meffys, supported by F-Secure, open for entries and set to return to London, we are taking a look at some of last year’s winners to find out what winning a Meffy meant to them and what they’ve been up to since they celebrated their win. The deadline for entries is 17th July so if you haven't started your entry, get moving! This week, we speak to Pollen VC, 2014's winner of the Monetization and Engagement award, and CEO & Founder, Martin Macmillan. What did Pollen VC win a Meffy for? Pollen VC won the Meffy for Monetization and Engagement. We help mobile developers … [Read more...]

Global Mobile News Round-up – Week 15th June

Can the Microsoft shake-up get Windows 10 moving in mobile? billions of records at risk from mobile app data flaw, the mobile commerce revolution in India, will mobile Apps decide your product’s success? and more... Each week the MEF team curates mobile stories from around the world. Essential news you may have missed, the latest market insight & data nuggets, the Global Mobile News Round-up offers an instant international mobile content and commerce snapshot.  Global News Stories Can the Microsoft shake-up get Windows 10 moving in mobile? Cnet Microsoft has a daunting … [Read more...]

MEF Global Forum: Mobile First Markets – Meet the Startups

On 30th June MEF Global Forum, the popular Silicon Valley series comes to Bangalore to discuss how to accelerate the mobile opportunity in the rapidly growing mobile-first markets across South East Asia, Middle East and Africa. The one-day conference includes a dedicated innovation session in partnership with GrowthEnabler where 10 start-ups will pitch their business ideas and an expert panel of execs from Amazon, Micromax, Kae Capital and 91 Springboard will discuss the ecosystem innovation requirements for success in the region. Here we give a sneak preview of some of the start-ups who … [Read more...]