Major consumer brands have struggled for years to control the massive grey market, where the brand’s goods are sold without authorization—and where the items sold may be counterfeit items of much lesser quality. This problem is especially challenging in much of the Asian E-Commerce space—and...
China reportedly left Apple products off a government procurement list because the iPhone and iPad maker failed to submit documents that included a pledge not to violate state or public interests. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
WearYouWant has a novel solution for a problem facing e-commerce vendors across the developing world. Thailand has high mobile penetration—nearly half of all citizens have a mobile device—and social media is popular. However natural a fit for e-commerce the countries like Thailand may seem, however,...
A new SEC filing confirms Airbnb has locked down $475 million in its latest funding round. This should give the company a $10 billion valuation, reported The Wall Street Journal, “making it one of the most valuable venture-backed companies in the world.” Get the Full...
Alipay, the electronic payment service from Alibaba, is trying to go beyond payments and to deliver value in other areas crucial to the business. The latest example of this comes from a group of hospitals in China, where Alipay is not only paying patient bills...
The Seoul city government announced in a statement on Monday that it plans to ban car-hailing app Uber Technologies, Inc. Following the decision, Uber said in a statement that the city “is in danger of remaining trapped in the past and getting left behind by...
Expansion of clearinghouse arrangements outside of China are helping build the country’s yuan as a settlement tool for cross-border trade. Those business activities are helping grow yuan markets overseas. However, the yuan still has a long way to go before overtaking the U.S. dollar and...
China has recently issued 250 new electronic payments licenses in five batches to various operations nationwide. But there is one stand-out award in the newest batch, reports Seeking Alpha, that should catch the eye of anyone interested in the future of electronic payments in China. Get...
After claims in China’s state run media last week that location tracking features in the forthcoming upgrades to the iPhone’s software package constitute a threat to China’s national security, Apple has hit back and counter-argued China’s claims are baseless. Get the Full Story Complete the...
