International

International
TikTok Pushes For Separation From China
November 27, 2019

ByteDance, the company that owns popular social media app TikTok, is attempting to separate itself from its Chinese operations, as a probe of the company is ongoing, according to a report by CNBC.  Get the Full Story Complete the form to unlock this article and...

International
Russia To Bring National Payment System To UK
November 27, 2019

Russia is partnering with PayXpert to test its national payment system MIR in London, RT.com reported on Wednesday (Nov. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
Can Western QSR Brands – And Others – Gain More Power In China?
November 19, 2019

Two famous North American-based quick-service restaurant (QSR) brands are preparing to duke it out in China for chicken-meal supremacy, the most recent sign of how Western brands are trying to increase their footholds in that massive country. Get the Full Story Complete the form to...

International
China’s Byton Gets License To Launch Electric SUV In US
November 19, 2019

Chinese startup Byton announced Monday (Nov. 18) that it has secured a distributor license from California, bringing it one step closer to bringing its first electric SUV, Byton M-Byte, to the United States. Get the Full Story Complete the form to unlock this article and...

International
TikTok Explores Rebrand; Aims To Distance Itself From Chinese Roots
November 18, 2019

As it grows in popularity in the U.S., social video app TikTok wants to distance itself from its Chinese roots, with advisors and employees coming up with suggestions for rebranding strategies in that direction, according to a report in The Wall Street Journal. Get the...

International
Small Chinese Banks Struggle To Stay Afloat
November 17, 2019

Following years of brisk expansion, China’s smaller financial institutions are seeing hard times as customers turn to larger banks and the local economy slows, the Wall Street Journal (WSJ) reported on Sunday (Nov. 17). Get the Full Story Complete the form to unlock this article...

South East Asia
Grab CEO: No IPO Until Business Shows Profits
November 15, 2019

Grab Chief Executive Officer (CEO) and Co-Founder Anthony Tan said the Southeast Asia ride-hailing platform will not launch an initial public offering (IPO) until the company is profitable, CNBC reported on Thursday (Nov. 14). Get the Full Story Complete the form to unlock this article...

International
Port of Los Angeles Volumes Show Trade War Impact
November 14, 2019

To get a sense of how the trade war – the one between China and the United States – is having an impact beyond the headlines, look to the high seas. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Global Payments
Wirex Launches Multicurrency Visa Travelcard For APAC Customers
November 11, 2019

Digital borderless payment platform Wirex, which allows users to pay with both fiat currency and cryptocurrency, has teamed up with Visa to offer the Wirex Visa Travelcard, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...