As the coronavirus continues to spread, international corporate trips have largely been suspended as the travel sector braces for an estimated revenue hit of $820...
In today’s top payment news, retail remains a bright spot in the markets, Ant Financial has rolled out a strategy for digital evolution in China,...
Chinese business expense management startup Fenbeitong closed a $36 million Series B+ funding round led by Eight Roads, Ribbit Capital and Glade Brook Capital, according...
Ant Financial, a division of China’s eCommerce giant Alibaba, has launched a three-year strategy to make its Alipay mobile app platform available to 40 million...
As the coronavirus hampered demand, Apple sold less than 500,000 smartphones in China last month. The country put limits on travel and requested that residents...
Chinese exports have fallen by 17.2 percent in the first few months of this year due to the heavy toll of the coronavirus. The outbreak...
Venture capital firm Sequoia Capital warned in an email to entrepreneurs on Thursday that the coronavirus could potentially be the herald of a “prolonged” global...
On Dec. 1, 2019, there was no shortage of predictions about which stories would drive payments, commerce and the global financial ecosystem. Trade disputes, the connected...
As the global coronavirus crisis continues to evolve, the place where the virus started is facing catastrophic economic realities due to the spread of it,...