March 10, 2020
Enforcement of the AML in China’s Digital Economy – From...
By Wei Han & Yajie Gao In order to comprehensively understand how the competition rules are applied to the Chinese digital economy, it is essential to understand China’s overall regulatory...
January 20, 2020
Tencent To Bolster Smart Retail, International Investments
After investing in over 800 firms, Chinese tech company Tencent Holdings said it would bolster its international investments and in industries like “smart retail.” According to a speech Tencent President Martin Lau...
November 29, 2019
‘Google Checking,’ T-Mobile Data Breach Top This Week’s News
It’s the end of a holiday week and almost the beginning of a new month. And the PYMNTS Weekender is here to make sure you didn’t miss anything — and...
November 28, 2019
Why Amazon Picked Pinduoduo To Tackle The Chinese Market
When you can’t beat ‘em, join ‘em. Or: If at first you don’t succeed … try, and try again. China is a market that most Western firms — especially online...
November 26, 2019
Target, Walmart Counter Amazon With Speedy Holiday Delivery
Retailers are taking aim at Amazon’s one-day shipping offer this holiday shopping season in bids to stay competitive, according to a report by The Wall Street Journal. Amazon has spent...
November 26, 2019
Synchrony Said Email About Amazon Card Was Mistake, Not Breach
Synchrony Financial said a message was erroneously sent to customers about an Amazon.com card and that a data breach had not occurred, according to a report by Reuters. On Monday...
November 24, 2019
Amazon Seeks China Market Share With New Store On Pinduoduo
A source told Reuters on Sunday (Nov. 24) that Amazon is opening a store on the Chinese eCommerce site Pinduoduo. Amazon closed its marketplace in China in July after realizing...
November 13, 2019
Alibaba Founder: Singles’ Day Sales Fell Short
Jack Ma, one of the founders of Alibaba Group Holding, said Singles Day, which is China’s version of Cyber Monday, missed sales projections, according to a report by Reuters. Singles...
November 11, 2019
Singles Day Breaks Record With $38B In Sales
Singles Day, which is Monday, Nov. 11 this year, has become one of the biggest eCommerce events around the world, thanks to its backing by China-based digital and mobile retail...