The logistics affiliate of China’s eCommerce giant Alibaba completed its first funding round, the company announced Monday (March 14). 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...
Alibaba has officially signed a $3 billion loan deal that spans a five-year period in order to help the eCommerce and Internet giant grow as it continues on its global acquisition strategy. Get the Full Story Complete the form to unlock this article and enjoy...
A last-minute hitch might just put an end to Taiwan’s Foxconn’s proposed takeover of Japanese electronic maker Sharp. According to Reuters, Foxconn has reportedly tabled the deal in the face of some last-minute discoveries of previously undisclosed liability. Get the Full Story Complete the form...
While in most cases 11 percent growth in sales would be something to celebrate without qualification, China watchers are feeling a little disappointed in that figure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Bad news for alternative financial services in China. 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, you...
A quiet but important update to Facebook’s Android app will make it much easier for potential users in countries where state censors ban the service to gain access to the world’s largest social network. That includes nations like China and Iran and their combined population...
Panda-themed and ready for action, Uber’s most aggressive expansion in China is underway with an aim of upping its in nation city count to 37 from 22. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A year ago in Davos, Chinese Premier Li Keqiang told the World Economic Forum that his country could avoid a hard landing. And despite the fact that the Chinese stock markets have been killing fields of late, there are plenty of luminaries that will be trekking...
While the first week back in the new year is always somewhat exciting, 2016 has certainly started with a bang. Unfortunately, not the sort of bang most finance, stock, tech or payments watchers were really looking for — but a bang nonetheless. Get the Full...