Slowdown news and trends

Google Will Reduce New Hires Until 2021
Google // April 16, 2020

Google’s parent Alphabet plans to slow its pace of hiring due to the economic slowdown triggered by the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

China Posts Worst Slowdown In Nearly Three Decades
International // January 17, 2020

China’s economy grew by 6.1 percent in 2019, the lowest growth rate in the country since 1990, according to reports on Friday (Jan. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Despite China’s Slowing Economy, Credit Demand Still Strong
International // October 18, 2019

Chinese online finance giant Ant Financial, headed by billionaire Jack Ma, is seeing an uptick in the desire for credit among small and medium businesses despite the economic slowdown in China, Bloomberg reported on Thursday (Oct. 17). Get the Full Story Complete the form to...

China’s GDP Near 30-Year Low As Trade War Impacts Factory Work
International // October 18, 2019

Economic growth in China is at a near-30-year low in the third quarter as tariffs start to negatively affect factory production, Reuters reported on Thursday (Oct. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Interviews & Exclusives
Uber’s Growth Slows Sharply

May 31, 2019
All eyes were on Uber's first quarterly report as a publicly traded company. Management pointed to some improvements in the competitive pricing dynamics in ridesharing that may help soothe red ink (even as growth slowed on a year-over-year basis, and saw synergies forming between ridesharing and Uber Eats, which doubled from a year ago. Here’s the four-star rundown.

eBay Points To Payments As Key Q4 Highlight

January 30, 2019
In Q4, eBay saw deceleration into the end of the year, in part, on macro headwinds internationally as buyer volumes slowed, but still logged growth in active buyers, as well...

Quick Reads
Google Will Reduce New Hires Until 2021

April 16, 2020
Google’s parent Alphabet plans to slow its pace of hiring due to the economic slowdown triggered by the coronavirus pandemic. 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 […]

China Posts Worst Slowdown In Nearly Three Decades

January 17, 2020
China’s economy grew by 6.1 percent in 2019, the lowest growth rate in the country since 1990, according to reports on Friday (Jan. 17). Get the Full Story Complete the...

Despite China’s Slowing Economy, Credit Demand Still Strong

October 18, 2019
Chinese online finance giant Ant Financial, headed by billionaire Jack Ma, is seeing an uptick in the desire for credit among small and medium businesses despite the economic slowdown in...

China’s GDP Near 30-Year Low As Trade War Impacts Factory Work

October 18, 2019
Economic growth in China is at a near-30-year low in the third quarter as tariffs start to negatively affect factory production, Reuters reported on Thursday (Oct. 17). Get the Full...