In today’s top news, Alibaba’s Singles’ Day in China has brought in $56 billion thus far, and Lyft is launching a delivery service. Plus, the...
China’s 1.4 billion people will mark Singles’ Day – the country’s exponentially larger answer to America’s Black Friday or Prime Day events – on Wednesday...
China’s efforts to ramp up its regulatory game continued on Tuesday (Nov. 10) with the release of draft rules for governing eCommerce giants and payments...
As most companies rush to grow their online presence, Alibaba is actively seeking to expand its offline footprint through its new manufacturing division, Xunxi. The...
Sales of cars in China posted a big gain in October, offering a bright spot for the still recovering global auto sector, with electric vehicles...
Regardless of what happens as Alibaba’s earnings are announced Thursday, one story will hang over the proceedings. Alibaba Co-founder Jack Ma is also the founder...
As customers delayed payments in the wake of economic deceleration, firms in China are waiting two times as long for payments than they did in...
Jack Ma has seen his net worth plunge by $3 billion after the Ant Group double initial public offering (IPO) was suspended on Tuesday (Nov....
As efforts to innovate payments infrastructure continue, speed remains top priority. But it’s not only consumers driving demand for real time. In this week’s roundup...