China’s top regulator, the State Administration for Market Regulation, has fined coffee chain Luckin Coffee and other firms that helped it inflate its sales and expenses last year, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Paytm Group, which bills itself as “India’s leading financial services company,” on Sunday (Sept. 20) accused Google of “arm-twisting” startups that depend on the Android mobile operating system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In today’s top payments news around the world, CaixaBank and Bankia said they are combining in a deal that would make it the biggest financial institution in the country if approved, and Gojek is doubling down in Thailand with a new app. Plus, Western Union is...
As China prepares to debut digital currency, JD.com Inc., one of the biggest eCommerce businesses in China, has partnered with the central bank to advance the technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Taking names, making lists — and boosting geopolitical tensions. 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,...
If the European Union (EU) gets its way, the 27-nation bloc will have the power to split or force the sale of giant technology companies that threaten smaller rivals and their customers. Get the Full Story Complete the form to unlock this article and enjoy...
The chairman of a European industry trade group has warned the uneven rollout of 5G wireless technology could hurt companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In today’s top payments news around the world, Uber Technologies wants to shed a portion of its minority ownership in Didi Chuxing, and investors in a group looking to purchase the U.S. operations of TikTok are aiming to provide American interests with a majority share...
Launching into an emerging market can be a risky move for any global business. While spend in developing markets isn’t typically as high as, say, in the U.S., consumers in these geographies are quickly opening up lucrative possibilities for global merchants thanks to the availability...
