Analyses of investor sentiment and other factors point to the price of Nigeria-based online marketplace Jumia Technologies soaring through 2021 and beyond, London Loves Business reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A new report from the Chinese government shows that internet users in the country surged to 989 million amid the pandemic, an increase of 85.4 million since March 2020, and that 79.1 percent of China’s internet users have shopped online. Get the Full Story Complete...
Chinese regulators along with Jack Ma and his Ant Group have reached an agreement that would turn the financial technology company (FinTech) into a financial holding company. That means Ant will operate under rules similar to banks, including stricter capital requirements. Get the Full Story...
Fidelity, the U.S. fund management giant, is in talks to take a 100 million pound (about $136.8 million) stake in the U.K.’s Starling Bank in what could be a great vote of confidence for the burgeoning digital lender, Sky News reported. Get the Full Story...
Forget the last mile. In the European Union, every mile is contested lately. The continent’s supply chain, already under pressure and now cracking with the attempt to get the COVID-19 vaccine distributed, is becoming so disrupted it has pushed up the price of consumer goods....
The U.K. fashion industry is being hit hard amid the shifts from Brexit, according to an open letter from Tamara Cincik, CEO of Fashion Roundtable, addressed to government leaders, asking for aid like what’s been offered to other industries. Get the Full Story Complete the...
A U.S. lobbying organization representing companies like Walmart and Amazon has asked India not to strengthen eCommerce mandates for companies outside of the country, Reuters reported on Friday (Jan. 29), citing a letter. Get the Full Story Complete the form to unlock this article and enjoy...
Felix Hufeld, head of Germany’s financial watchdog Federal Financial Supervisory Authority (BaFin), and his deputy, Elisabeth Roegele, have been dismissed over their handling of the Wirecard debacle, according to a Reuters report on Friday (Jan. 29). Get the Full Story Complete the form to unlock this...
Germany’s finance minister sees OECD member states reaching a deal by this summer on imposing a tax on major digital firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
