With U.S. export blacklisting along with other actions against Huawei Technologies Co., Founder Ren Zhengfei expects revenue to be roughly $100 billion this year — down from last year’s approximately $107 billion. Zhengfei had previously targeted $125 billion for revenue this year, The Wall Street...
That Alipay is moving into Europe — and looking to support the millions of Chinese and Southeast Asian tourists who travel there annually for business and pleasure — is far from a secret. It is, in fact, an ongoing goal of the last several years...
In a sign of Grab’s ambitions in the financial services space, the Singapore ride-hailing firm reportedly had discussions to acquire payments provider 2C2P Pte. Unnamed sources claim that the company was one of various possible bidders interested in the payments firm, Bloomberg reported. Get the Full...
Financial technology company Revolut has ventured beyond Europe and into Australia as of Thursday (June 13), according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Chinese technology company Huawei will not launch its new laptop due to restrictions put on the purchasing of U.S. parts by the American government, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and...
The uncertainty surrounding Brexit is hurting the technology sector in London, warned London Mayor Sadiq Khan. 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...
In what could be seen as a retaliation by China in the escalating trade war with the U.S., China is gearing up to pull back some exports of tech to the U.S. Get the Full Story Complete the form to unlock this article and enjoy...
The White House Office of Management and Budget is seeking an extension to implement the ban on working with Huawei, the Chinese telecom company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
China has sent out a warning to several tech companies promising “dire consequences” if they comply with the U.S. ban on Huawei. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
