It is impossible at this point to write the week in payments (commerce, financial services and technology) without writing about COVID-19. As the United States...
An internal investigation is underway by the board of directors of Luckin Coffee Inc. into its former COO who may have inflated estimated revenues by...
Though the phrase “new normal” has gotten thrown around a lot lately, in many ways it is something of a misnomer. Here on the ground...
Huilianyi, a business travel platform, notched approximately $42 million in fundraising as China begins a possible economic renewal amid the global coronavirus pandemic, Phocuswire reported....
As government bodies have eased controls to combat disease and let manufacturing facilities open again, manufacturing in China bounced back in March. The purchasing managers’...
Despite the world’s markets being crippled by the coronavirus, Pinduoduo Inc., the Chinese eCommerce company, said on Tuesday (March 31) that it has raised $1.1...
The China Securities Regulatory Commission has given final regulatory approval to Goldman Sachs and Morgan Stanley to assume majority stakes in joint securities ventures in...
JPMorgan analysts are predicting the new iPhone from Apple is going to be delayed, according to a report by CNBC. The analysts think the launch...
U.S. cybersecurity firm FireEye said it suspects China is behind a surge in cyberspying that began in January, just when the coronavirus was starting to...