Citi Innovation Labs have been looking at distributed ledger technology for “the last few years” and has put together a dedicated, skilled team, according to International Business Times UK. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
After sagging profits and damaging food safety scandals, KFC and McDonald’s in China are trying to attract China’s younger generation by introducing tech savvy features into their restaurants, Forbes reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Rocket Internet’s Global Fashion Group (GFG), the German Internet platform’s fashion-focused umbrella group, announced yesterday (July 1) that it secured €150 million ($167 million) in funding from an internal financing round. Rocket Internet also announced plans to move two of its Brazilian online fashion businesses...
Amazon’s Prime Now service, which offers one-hour delivery from local stores, is now also available in London. Amazon follows Apple’s track by launching Prime Now in London, its first launch outside of the U.S. Get the Full Story Complete the form to unlock this article...
Baidu, the Chinese equivalent of Google, announced yesterday (June 30) that it would invest 20 billion yuan ($3.22 billion) over the next three years in online-to-offline services, reports Reuters. The investment will include group-buying service Nuomi in which Baidu owns a 59 percent stake. Get...
As the Greek drama plays on, Bloomberg reports that a crowdfunding campaign is in the midst of trying to raise €1.6 billion via the “Greek Bailout Fund” launched on site Indiegogo. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In a digital-age twist on public enemies, the FBI is offering hefty rewards for information that leads to the arrest of five of the most wanted cybercriminals in the nation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Amid growing competition in China’s huge e-commerce market, and with an eye on online-offline services, Baidu is poised to spend billions on its group buying platform and other initiatives. But is the company, up against Alibaba and on the heels of its $1 billion investment...
Alibaba and KFC China just partnered to allow KFC customers to pay by scanning bar codes using Alipay’s smartphone app, reports the Financial Times. KFC follows in the steps of Walmart and Carrefour which each began accepting Alipay in 2015. With 5,000 restaurants across 900 cities, KFC is the largest food...
