China’s DMall ECommerce Co. has engaged Bank of America, Goldman Sachs and J.P. Morgan for a U.S. initial public offering (IPO) of more than $500...
Alibaba Group — the biggest eCommerce platform in China — will host its bargains app, Taobao Deals, on Tencent’s WeChat platform, Bloomberg reported, citing sources....
In today’s top payments news around the world, SumUp has secured roughly $893 million for expansion, while Piraeus Bank’s merchant acquiring business is to be...
In China, eCommerce livestreaming is a huge revenue generator. As the country increases its regulatory scrutiny of eCommerce companies, such livestreaming has become the latest...
Alibaba’s UC Browser was pulled from app stores in China as President Xi Jinping warned that Beijing’s tech crackdown was only going to intensify, the...
In today’s top retail news, H&M indicated that 80 percent of its 5,000 global stores had currently opened up again from pandemic-related closures, while more...
China-based Tencent Holdings saw its stock plunge so sharply that the company lost $62 billion in value. The loss in valuation, which occurred in Friday...
Factory and retail industry activity jumped in China during January and February, coming out ahead of expectations, Reuters reported. Get the Full Story Complete the...
China, as it sees the effects of the pandemic recede, has begun wrapping up its pandemic economic stimulus efforts, the Wall Street Journal (WSJ) writes....