Hong Kong-based FinTech FundPark reportedly obtained a $250 million private loan led by HSBC. The loan is the second investment of this type FundPark has...
Shein has reported confidentially filed for an initial public offering (IPO) in London. This move doesn’t necessarily mean the IPO will happen in London, as...
Shein is reportedly facing numerous challenges in its pursuit of an initial public offering (IPO) in the United States. Tensions between China and the U.S....
China is reportedly negotiating with Visa, Mastercard and other global card issuers, seeking to reduce the fees they charge local merchants on foreign card transactions....
Huawei is reportedly ready to let WeChat operate on Huawei’s mobile platform without sharing revenue. The deal, Bloomberg News reported Wednesday (June 19), would be...
Companies in Silicon Valley are reportedly doing more staff vetting over concerns about Chinese espionage. As the Financial Times (FT) reported Wednesday (June 19), firms...
Chinese smartphone-maker Huawei is reportedly considering levying in-app purchase fees on its operating system. That’s according to a report Tuesday (June 18) by Bloomberg News,...
Yoox Net-A-Porter (YNAP) is reportedly exiting China amid weak consumer spending in that country. The Richemont-owned luxury eCommerce platform is moving to focus on its core and...
Luxury brands in China are reportedly resorting to “unprecedented” discounts to sell unsold inventory and entice cautious Chinese consumers. The price cuts reflect growing concerns...