18/08/2014 by Keith Brown, Managing Director
Just returned from 4 days in Asia (Hong Kong and Thailand) with Paythru investor and retail guru, Colin Glass.
The potential for revolutionising retail through consumer mobile behaviour would appear to be as great in Asia as the UK and Europe….if not more so. Huge, modern and comfortable shopping malls featuring a vast range of food, entertainment and brands; widespread adoption of smart phones on iOS and Android operating systems and large, emerging and discriminating middle classes looking for the best products and deals. Even language is ceasing to be an issue with English now the adopted second language of the emerging powerhouse that is the ASEAN trading pact nations. Even the historical regional superpowers such as India and China are emerging from their post-war iconoclasm to embrace these trends.
Our presentations of Ignite were well received and Colin believes Paythru has huge potential in the region (just look at the populations particularly in the main cities). "Landgrab" has never been more appropriate for Paythru and our significant Autumn fundraise will enable us to push hard into these and other key markets (step forward our committed investor and prodigious networker, June Klein, in New York) to capitalise on the great traction we are now gaining in retail and commerce in the UK and Europe