Chinese eCommerce company JD.com Inc.’s logistics unit is in early discussions with various banks about a potential initial public offering (IPO) that could raise $8 billion to $10 billion, according to sources close to the matter, Reuters said. Get the Full Story Complete the form...
To see whether its internet services could work if it were to be separated from the worldwide internet, Russia conducted a series of tests. The review occurred during multiple days on networks that were specially designated, Reuters reported on Monday (Dec. 23). Get the Full Story...
Indonesia has announced it’s going to reduce the threshold for taxing imported eCommerce consumer goods from $75 to $3, to help control the purchases of cheap foreign goods and help protect smaller Indonesian firms, according to a report by Reuters. Get the Full Story Complete...
SoftBank’s negotiations with Japan’s three dominant lenders to procure $3 billion as part of a $9.5 billion WeWork bailout have been hindered by lending limits, Reuters reported on Monday (Dec. 23), citing sources. Get the Full Story Complete the form to unlock this article and...
A few decades ago, a certain acronym was a darling of Wall Street, a place where acronyms thrive. 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...
Europe’s highest court ruled that Airbnb is an “information society service” rather than a property broker or estate agent, TechCrunch reported on Thursday (Dec. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Swedish caller identification system TrueCaller is dipping its toes in the financial services water as it prepares for an initial public offering in the next two years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Vietnamese conglomerate Vingroup announced on Wednesday (Dec. 18) it will be exiting from its retail business to focus on becoming a technology and industrial company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In a move to prevent technology giants from having an unfair advantage, Japan is planning to increase regulations and demand transparency, Reuters reported on Tuesday (Dec. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
