As China’s local-delivery market grows at a rapid pace, with more people turning to their smartphones to order food, Ele.me has been cleared to deliver orders in a Shanghai industrial park by drone. However, the system won’t bring meals to their final destinations — only to...
Fashion rental subscription service Le Tote announced Tuesday it had entered into the highly competitive Chinese market, making it the first U.S. subscription service to do so. Le Tote is a fashion subscription service providing unlimited clothing and accessory rentals for a flat monthly fee,...
Alibaba pleased Wall Street with Q3 earnings figures coming in over expectations and a revised outlook for full-year growth denoting a highly positive perspective on the future. That large growth vision is seemingly pushed by expansion in two major areas: Chinese shopper spending and Alibaba’s...
Commerce-enabling technology provider First Data and international bankcard company UnionPay International announced Tuesday (Oct. 24) they had formed a new partnership to expand the acceptance of the UnionPay card in the U.S. According to a press release, the collaboration will allow Chinese visitors in the U.S. to pay...
October 29, 2018
Richemont, the owner of Cartier, is reportedly teaming up with Alibaba to try to make inroads into China’s eCommerce market, in which it has struggled to drive sales. According to a report in Reuters, Richemont-owned YNAP and Alibaba, China’s biggest eCommerce player, will launch mobile apps in the country for the multi-brand NET-A-PORTER store and […]
January 30, 2018
Fashion rental subscription service Le Tote announced Tuesday it had entered into the highly competitive Chinese market, making it the first U.S. subscription service to do so. Le Tote is...
October 25, 2017
Commerce-enabling technology provider First Data and international bankcard company UnionPay International announced Tuesday (Oct. 24) they had formed a new partnership to expand the acceptance of the UnionPay card in the...
April 20, 2017
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced that it has expanded its relationship with Alipay to enable merchants across Europe, the Middle East...
