December 27, 2021
Around the World, Restaurants Leverage On-Premises Payment Digitization to Improve...
Across continents, major restaurant brands and small independents alike are increasingly leveraging digital technologies to improve the in-restaurant payment experience, driving customer retention by improving the purchasing experience. Last week...
December 27, 2021
State-Owned Entities Backing Most of $3.5B for Ma’s Finance Arm...
v, according to reports. The state-owned company listed in Hong Kong — China Cinda Asset Management Co.— invested approximately $942 million in Ant’s new subsidiary Chongqing Ant Consumer Finance Co.,...
December 22, 2021
China’s Antitrust Head Signals Tighter Legal Enforcement
The anti-monopoly bureau in China plans to ramp up its action against monopolistic behavior, according to chief Gan Lin, Reuters reports. Last month China had boosted the antitrust unit’s seniority....
December 19, 2021
China to Step up Antitrust Enforcement
The anti-monopoly bureau in China plans to ramp up its action against monopolistic behavior, according to chief Gan Lin, Reuters writes. Last month China had boosted the antitrust unit’s seniority....
December 17, 2021
The Battle of Stablecoins vs. CBDCs Is Really Two Smaller...
Looking back at just this week, it’s evident that the fight between stablecoins and central bank digital currencies (CBDCs) is alive and well. What makes it complex is that it’s...
December 17, 2021
China’s Alibaba Sets $100B GMV Target
Chinese eCommerce giant Alibaba has set a $100 billion gross merchandise volume target for Lazada, its southeast Asian online marketplace. As Reuters reported Friday (Dec. 17), the company shared this...
December 09, 2021
LSE Professor: Big Tech Requires New Thinking, Global Cooperation
In the 20th century, local distribution was the epitome of monopoly power when it came to essential services. The telephone company, the power company and the water company all dominated...
December 08, 2021
China Drafting Big Tech Blacklist to Curb Foreign Investments
As part of China’s continuing big tech crackdown, regulators are devising a blacklist targeting new companies that use variable interest entities (VIEs) to run their businesses, Financial Times (FT) reported...
December 07, 2021
Colgate-Palmolive Goes Direct to Consumer to Boost Sales in Asia
Smile, Southeast Asia. Health and beauty stalwart Colgate-Palmolive is linking up with Singapore-based eCommerce giant Shopee to help the beauty brand grow its sales in the region by a factor...
