Facebook Inc. is hoping that the stars will be aligned favourably when it launches its digital currency, christened Libra, in the first half of the next calendar year. The odds, though, are stacked against the world’s largest social networking site, despite it having a massive user base of nearly four billion users globally and over 700 million users in India alone (if one accounts for WhatsApp’s users too).
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com