APAC

If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part
If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part
November 11, 2022  |  Retail

Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s...

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Coupang Builds Momentum With ‘Milestone’ Q3 Profit
Coupang Builds Momentum With ‘Milestone’ Q3 Profit
November 10, 2022  |  Retail

South Korean eCommerce platform Coupang reported its first-ever profit Wednesday (Nov. 9), a landmark the company attributed to its investments in technology. Get the Full...

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Gap Sells China Retail Business to eCommerce Platform Baozun
Gap Sells China Retail Business to eCommerce Platform Baozun
November 08, 2022  |  Retail

In a move to better connect its retail brand to Chinese consumers, Gap has agreed to sell its local online business to Baozun, an eCommerce...

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Walmart’s Flipkart Slows Hiring in Face of Strict Competition
Walmart’s Flipkart Slows Hiring in Face of Strict Competition
November 06, 2022  |  Walmart

Flipkart, the Walmart-owned Indian eCommerce company, is ending its string of acquisitions and slowing its hiring as it deals with tough competition from Amazon and...

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PayU Lets Indian Rail Commuters Pay With WhatsApp
PayU Lets Indian Rail Commuters Pay With WhatsApp
November 03, 2022  |  Payment Methods

Dutch payment solutions firm PayU has teamed with the Bangalore Metro Rail Corporation Limited (BMRCL) in India to offer payments via its new WhatsApp-based Chatbot...

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Snap Hires Meta Veteran Ajit Mohan as President of APAC
Snap Hires Meta Veteran Ajit Mohan as President of APAC
November 03, 2022  |  Personnel

Social media company Snap has hired Ajit Mohan as its president of APAC to lead its business in the Asia-Pacific (APAC) region. Get the Full...

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Standard Chartered Backs Blockchain Payment Firm Partior
Standard Chartered Backs Blockchain Payment Firm Partior
November 03, 2022  |  Investments

Financial services company Standard Chartered (SC) will invest in Partior, a blockchain-based clearing/settlement platform from Singapore. Get the Full Story Complete the form to unlock...

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France, Singapore and Switzerland Test Cross-Border CBDC Payments
France, Singapore and Switzerland Test Cross-Border CBDC Payments
November 02, 2022  |  CBDC

In a pilot project that is said to be the first of its kind, the central banks of France, Singapore and Switzerland are collaborating in...

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East-West Commerce Gets Biometrics Boost and Automated Compliance
East-West Commerce Gets Biometrics Boost and Automated Compliance
November 02, 2022  |  Cross-border Payments

The promise of cross-border commerce is always the opportunity to tap into new markets. Get the Full Story Complete the form to unlock this article...

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