PNP, GCash nab 4 police officers for robbery and extortion
Four uniformed personnel from the Quezon City Police District (QCPD) were recently arrested by the Philippine National Police (PNP), aided by the popular finance app GCash, following complaints reported by detainees of alleged robbery and extortion in exchange for their release without charges. The complaint included unauthorized GCash money transfer from the detainees’ smartphone while […]
PNP, GCash arrest online task scammer
The Philippine National Police arrests a suspect behind an online work scam following asuccessful collaboration with the country’s leading finance app GCash. The scam involves luringa victim to accept online tasks requiring investing money to earn a commission. The suspect was identified as 21-year-old female Danica Dela Cruz Valdez, a resident ofBalayong, Malolos City, Bulacan. […]
MWC 2024: Globe conquers world’s biggest mobile industry congress Tackles transformative connectivity, sustainability at global stage
Leading telco and digital solutions platform Globe raised the Philippine flag at the biggest stage of the global mobile industry over the past week, sharing its innovative, market-first initiatives that enable inclusive and sustainable connectivity to uplift the Filipino. The Globe delegation to the Mobile World Congress 2024 in Barcelona had a hectic week with […]
Government, private sector come together in digital inclusion push Globe’s RISE 3.0 event advances equitable connectivity
Government and private sector partners recently came together in a united front to push for inclusive connectivity, as disparity in access continues to afflict many parts of the country, depriving communities of life-enabling technology. At Globe’s RISE 3.0 event, representatives from the government, technology and real property industries gathered to tackle trends and developments in […]
Globe hits new financial peak with record EBITDA in 2023
Globe reached a financial milestone for 2023, achieving a record consolidated EBITDA or earnings before interest, taxes, depreciation, and amortization of PHP81.4 billion, a 3% increase from the previous year’s PHP79.1 billion. This growth is attributed to a healthy 3% expansion in the company’s topline, effectively balancing the rise in operating expenses. It underscores Globe’s […]
Globe lights up new submarine cable segment from Luzon to Mindanao, nears completion of inland facilities
In a major milestone in its network expansion, Globe has activated a segment of the Philippine Domestic Submarine Cable Network (PDSCN) from Luzon to Mindanao, signaling the start of on-ground connections to serve more customers. Globe’s segment in the PDSCN Express Route was lit up on February 5, covering the following points: ● Lucena City, Quezon ● Boac, […]
Globe posts all-time high PHPH18.3-B corporate data revenues in 2023
Globe reported an all-time high of PHP18.3 billion in Corporate Data revenues in 2023, outpacing the prior year’s performance by 7%. This milestone was mainly spurred by the strong demand for Information and Communications Technology (ICT) services, which grew 14% year-on-year. The fourth quarter of 2023 also witnessed a 6% increase in Corporate Data revenues, […]
GCash eyes ramping up GStocks PH user base in 2024Aims to widen access to stocks as analysts see market rebound
GCash, the Philippines’ top finance app and largest cashless ecosystem, aims to ramp up the user base of its stock investment platform as analysts see a recovery in financial markets this year. In 2023, GCash tapped AB Capital Securities, Inc. (ABCSI), to introduce GStocks PH to its millions of users, allowing them to diversify their […]
GCash, NBI partnership leads to arrest of more cybercriminals
Immediately following the landmark MOA signing of the National Bureau of Investigation (NBI) and GCash, the solidified commitment has already led to consecutive successful arrests of cybercriminals. This time, seven individuals in Quezon City were apprehended for defrauding GCash customers. Inquest proceedings followed the arrest at the Quezon City prosecutor’s office on charges of violating […]
BSP approves full launch of GCash Overseas
Filipinos in 16 countries can soon use international mobile numbers for the GCash app GCash, the Philippines’ leading finance super app and biggest cashless ecosystem, gets the green light from the Bangko Sentral ng Pilipinas (BSP) to allow millions more Filipinos overseas to use the app with their international mobile numbers. Initially available in beta […]