Home rental firm Airbnb is now accepting Alipay, the huge Chinese Internet payment offering, on its site, reports ReCode. 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...
There is no question that people are buying things online in ever increasing numbers or that they are creating reams of data while they are doing it. What to do with the data–how to use it, how to turn it into something useful, that’s a...
U.S.-based Shopkick is heading toward full acquisition by South Korean wireless company SK Telecom. 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....
KB Kookmin Card, in partnership with MasterCard, will introduce a virtual credit card that will allow overseas customers easy access to retail sites such as Amazon.com. The “SecurePay” protects users from personal information theft. Get the Full Story Complete the form to unlock this article and...
Did China’s Alibaba have the largest IPO in history? Maybe. Shares priced at $68 a pop and it had a market capitalization of $168 as it kicked off trading on the NYSE. This would bring the total amount raised by Alibaba’s IPO to $21.8–and a...
With Alibaba last week having gone through the largest initial public offering in U.S. history, expect continued growth in international eCommerce trade coming out of China. Alibaba already is saying it wants to create more online sales between China and other Asian businesses and consumers,...
Robust economic growth in the U.S. and United Kingdom, combined with a gradual recovery in the Eurozone, should help strengthen global economic activity over the next year, according to the latest HSBC Trade Confidence Index. However, rising geopolitical tensions could weaken such projections. Get the...
Here’s a payment card reward points bonanza. A guy in China buys a ceramic cup and he is rewarded with 422 million American Express points, which is enough for 28 million frequent flyer miles or an $180,000 shopping voucher, Bloomberg reported. To be fair, it...
With 49 percent of securities professional looking to own a piece of the world’s largest e-commerce conglomerate, Alibaba is what we are going to be talking about for the next few weeks. Some analysts are beating the crowds, and PYMNTs has organized the top 15...