In a move to better connect its retail brand to Chinese consumers, Gap has agreed to sell its local online business to Baozun, an eCommerce...
Flipkart, the Walmart-owned Indian eCommerce company, is ending its string of acquisitions and slowing its hiring as it deals with tough competition from Amazon and...
Dutch payment solutions firm PayU has teamed with the Bangalore Metro Rail Corporation Limited (BMRCL) in India to offer payments via its new WhatsApp-based Chatbot...
Social media company Snap has hired Ajit Mohan as its president of APAC to lead its business in the Asia-Pacific (APAC) region. Mohan joined the...
Financial services company Standard Chartered (SC) will invest in Partior, a blockchain-based clearing/settlement platform from Singapore. “Standard Chartered brings to the network its global payments...
In a pilot project that is said to be the first of its kind, the central banks of France, Singapore and Switzerland are collaborating in...
The promise of cross-border commerce is always the opportunity to tap into new markets. But no two countries, or even markets within a given country,...
People’s Bank of China Governor Yi Gang has reportedly said that the country’s centralized digital yuan (e-CNY) should protect privacy but should not be as...
Global financial services firm J.P. Morgan is expanding its merchant services capabilities in Asia-Pacific (APAC) and will be offering them in seven markets in the...