Alibaba was accused in February by Chinese regulators of accepting bribes from merchants to earn a better spot on the site, but has adamantly denied such claims. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The European Union will spend a year studying why online shoppers in the 28-nation Euro zone don’t often buy products outside their own countries in what’s supposed to be a single digital market, the EU’s competition commissioner announced on Thursday (March 26). Get the Full...
Alibaba’s money market fund Yu’ebao has added more than 140 million users in the past year and reversed a brief slide in the amount of money it manages, according to Tech in Asia. Get the Full Story Complete the form to unlock this article and...
Helpling, a home-cleaning startup backed by Rocket Internet, has picked up another €43 million ($47 million) to keep expanding, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Amazon is in “ongoing talks” to buy high-fashion online retailer Net-a-Porter for as much as $2.2 billion, Women’s Wear Daily reported on Thursday (March 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Federal legislation to require reporting of a data breach within 30 days has passed its first milestone on the way to becoming law, but not everyone is happy with the details, The Hill reported on Thursday (March 26). Get the Full Story Complete the form...
While Facebook’s F8 developer conference in San Francisco this week had plenty of payments- and eCommerce-related news, one set of announcements that didn’t seem to have much to do with money, retailing or even Facebook’s bread-and-butter advertising business was the social network’s unveiling of new...
The Consumer Financial Protection Bureau might be taking on payday debt traps. 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...
Procurement technology innovator Zycus isn’t slowing down its product development, and the firm is protecting those new products with patents. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....