singapore
English, Chinese
David Zhang is the regional market insight manager in Asia Pacific. Based in Singapore, he spearheads Euromonitor’s services research in Asia Pacific, covering payments and lending, automotive, and consumers and economies. David leads research across multiple global and regional reports, collaborating with leading payment firms, banks, big techs, and automotive manufacturers. His professional interests include embedded finance, commercial payments, the digital wallet, Gen AI, and electric vehicles.
From 2019 to 2022, David worked in United Overseas Bank’s TMRW Digital Group, providing market intelligence and performance tracking, while supporting strategic planning for both internal and external communications. He has also commissioned external agencies on FinTech scanning, competitor tracking and consumer research. He has more than 15 years of industry experience, with 10 years in market research, and over six years in finance. David has spoken at the Sibos 2024 global conference in commercial payment reconciliation, and was invited by UnionPay HQ for a keynote speech on cross-border transaction in its 2023 global member council meeting. He also attends interviews regularly by Asian Banking & Finance.
Southeast Asia's EV market is growing rapidly, driven by sustainability awareness and innovation. Consumer expenditure on vehicle purchases is projected to surpass USD104 billion by 2029, with EV sales reaching 560,000. 60% of car owners believe EVs are more sustainable, presenting opportunities for automakers to capitalise on the trend.
東南アジアで急成長するデジタル決済市場において、中国のデジタルウォレットがどのように現地化戦略を展開し、競争を勝ち抜こうとしているのかを解説。AliPayやWeChat Payの最新動向と、現地パートナーとの連携による新たな挑戦に迫ります。
Southeast Asia is experiencing a digital payment revolution. With smartphone adoption surging and government-backed digital ID systems enabling secure, seamless transactions, the region has become a global hotspot for mobile wallets.