China saw retail sales increase last month for the first time since the COVID-19 outbreak, another sign of the country’s wider recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Liberia-based mobile financial services firm Lonestar Cell is partnering with WorldRemit to offer customers mobile remittances straight to their Lonestar Cell MTN Mobile Money (MoMo) accounts, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
TikTok announced on Monday (Sept. 14) that it has surpassed passed 100 million users in Europe, news that comes amid rising uncertainty over the fate of its operations in the United States. Get the Full Story Complete the form to unlock this article and enjoy...
Alibaba Group, the Chinese eCommerce behemoth, is reportedly in talks to invest $3 billion in Singapore-based Grab Holdings, which is best known for its ride-hailing business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
U.S. Treasury Secretary Steven Mnuchin declined to provide much detail on Oracle Corp.’s winning bid for TikTok’s U.S. operations. 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...
Oracle Corp., the Redwood City, Calif.-based software and technology giant, has confirmed that it has been selected by ByteDance to be the “trusted technology provider” that will take over Chinese-based TikTok’s U.S. operations. Get the Full Story Complete the form to unlock this article and...
The pandemic, and the international trail of economic chaos it has wrought, has thrown the growing importance and relevance of readily available digital remittance products into stark relief worldwide, Volopa Director Jay Wissema told Karen Webster, as both senders and receivers have been forced by...
Oracle Corp. beat Microsoft Corp. in a bid to take over TikTok’s video-sharing app’s U.S. operations Sunday (Sept. 13) days before President Donald Trump threatened to shut it down, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy...
The People’s Republic of China would rather shutter TikTok’s U.S. headquarters than sell it to an American company, sources told Reuters. 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...
