china

China, officially the People's Republic of China, is a country in East Asia and the world's most populous country, with a population of around 1.404 billion in 2017. Covering approximately 9,600,000 square kilometers, it is the third or fourth largest country by total area.

Grocery Startup Missfresh To Close On $500M In Expansion Financing

Grocery Startup Missfresh To Close On $500M In Expansion Financing
Grocery Startup Missfresh To Close On $500M In Expansion Financing
May 22, 2020  |  Investments

Beijing’s Missfresh Ecommerce Co., a Chinese grocery delivery startup, is expected to receive more than $500 million in expansion financing as COVID-19 has fueled demand...

READ MORE >
Today In Payments: China Drops GDP Target; Dubai Creating Free Trading eCommerce Zone
Today In Payments: China Drops GDP Target; Dubai Creating Free Trading eCommerce Zone
May 22, 2020  |  News

In today’s top news, China has opted not to set any economy growth forecast amid the uncertainty caused by the pandemic, and Dubai is creating...

READ MORE >
Alibaba’s GMV Tops $1T As Mobile Orders Surge
Alibaba’s GMV Tops $1T As Mobile Orders Surge
May 22, 2020  |  Earnings

Alibaba Group Holding Co. reported results on Friday (May 22) that showed continued pivots to online commerce and mobile shopping, amid lockdowns that have shuttered...

READ MORE >
China Drops GDP Target Due To Economic Instability
China Drops GDP Target Due To Economic Instability
May 22, 2020  |  Cross-border Payments

The world’s second-largest economy is opting not to set any economic growth forecasts due to the continued economic uncertainty triggered by the global coronavirus pandemic....

READ MORE >
AP Automation, Subscriptions, PPP Top This Week’s News
AP Automation, Subscriptions, PPP Top This Week’s News
May 15, 2020  |  News

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

READ MORE >
Bitcoin Daily: Ledn Rolls Out Crypto Savings Account With Genesis; China Seeks Development Of Blockchain Trade Platform
Bitcoin Daily: Ledn Rolls Out Crypto Savings Account With Genesis; China Seeks Development Of Blockchain...
May 14, 2020  |  Bitcoin

Ledn Inc. has unveiled the rollout of a USD Coin (USDC) savings account with the help of Genesis, according to an announcement. Get the Full...

READ MORE >
Does Less Traffic At China’s Mall Eateries Mean There’s Less Appetite For Retail?
Does Less Traffic At China’s Mall Eateries Mean There’s Less Appetite For Retail?
May 14, 2020  |  Cross-border Payments

To get a sense of how China is re-opening, and where there are bumps in the road, look to the malls. Get the Full Story...

READ MORE >
Gaming Surge Helps China’s Tencent Beat Q1 Earnings Forecasts
Gaming Surge Helps China’s Tencent Beat Q1 Earnings Forecasts
May 13, 2020  |  Earnings

China’s multinational conglomerate Tencent beat earnings forecasts in the first quarter of 2020 with total net revenues of $15.2 billion, up 26 percent from the...

READ MORE >