China continues to send mixed signals to foreign-owned companies who want to do business in the world’s largest consumer market. On Tuesday (Jan. 13) China’s Ministry of Industry and Information Technology announced that it will now allow wholly-foreign-owned companies to operate in the Shanghai Free Trade...
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In 2014, the standard understanding of a luxury shopper is out the window thanks to the growing number of wealthy millennials. Once defined as the “man or woman who owned a lavish penthouse condo” with a healthy investment portfolio, The Washington Post took a look...
As if Alibaba’s presence across Asia weren’t enough, the Chinese e-commerce giant may be creating its own “Alibaba Town.” 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...
Ship-from-store and in-store pickup services from eBay Enterprise have been paying off for the e-commerce giant. The eBay Inc. company announced Monday (Jan. 12) that its clients have reached more than $1 billion in sales using its store fulfillment solutions. Get the Full Story Complete...
Specialty retail sector POS provider KWI has jumped on the Apple Pay bandwagon with its announcement Monday (Jan. 12) that its Cloud 9 Mobile platform will now work with Apple’s new mobile wallet technology. Get the Full Story Complete the form to unlock this article...
Zomato said in November its U.S. expansion plans would likely hit in the second half of 2015, but the restaurant directory announced Monday (Jan. 12) that expansion will hit quite a bit sooner with its acquisition of Urbanspoon. Get the Full Story Complete the form to unlock this...
The National Retail Federation’s “Big Show” came with big announcements for PayPal as it unveiled its new retail services aimed at increasing merchant revenue and adding customer value through new credit options and business consulting. Get the Full Story Complete the form to unlock this article...
President Barack Obama called upon Congress Monday (Jan. 12) to enact legislation intended to protect companies and consumers from cybersecurity threats like those that disrupted personal data in the breaches that struck companies like Target, Home Depot and Sony in 2014. Get the Full Story Complete...
