Tencent plans to invest 500 billion yuan, or $70 billion, in cloud computing, artificial intelligence (AI) and cybersecurity over the next five years, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As India sees COVID-19 cases quickly climb for the seventh day in a row as of Tuesday (May 26), Uber, like most businesses in the country, is seeing a severe dropoff in the demand for its services and will layoff about 600 workers. Get the...
The government of Dubai is planning to create an $870 million free trade zone for eCommerce named Dubai CommerCity (DCC). The development project will be located next to Dubai International Airport. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
FinTech payments platform Nium, based in Singapore, is expanding its global reach to service Kasikornbank’s Asia-Pacific customers in Indonesia, Korea, Malaysia, the Philippines and Vietnam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
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 Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
France is set to launch another battle in its war with giant U.S.-based homesharing businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
The British Retail Consortium has said the U.K.’s financial aid measures haven’t been enough to stop a total collapse for many retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
You’d be forgiven for being preoccupied with headlines and news stories focused on surging U.S. employment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
