Chinese authorities arrested half a dozen former employees of Tencent, the country’s biggest social networking and entertainment firm, along with a current executive at eCommerce site Alibaba on charges of corruption and bribery, Reuters reported late last week. Get the Full Story Complete the form...
At a rural eCommerce summit cohosted by Alibaba Group last week, statistics were released which showed China’s rural (and less affluent) population is boosting its use of the Internet and mobile devices to buy and sell goods. Get the Full Story Complete the form to...
Kreditech, the online finance startup based in Germany that loans money to those with limited credit histories, is raising roughly $110 million in Series C funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Barclays is looking toward an “imminent launch” of Apple Pay within the United Kingdom, according to MacRumors. 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...
Between the Greek government’s reenactment of “The Boy Who Cried Wolf” by threatening loudly to breakup with the euro (and realizing no one really cares), the Chinese government potentially threatening to breakup with the free market and Reddit breaking up with interim CEO Ellen Pao, you...
“Awesome week.” 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 Today. By completing this form, you agree to receive marketing communications from...
New research shows the promise of a global middle class may still be somewhat out of reach. 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...
Uber has filed a briefing in court questioning the validity of a class-action lawsuit filed by drivers to reclassify themselves as Uber employees and not independent contractors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The European Commission issued a Statement of Objections yesterday (July 9) claiming that MasterCard charged excessive fees when cards issued outside of the EU are used within its borders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
