Chinese business expense management startup Fenbeitong closed a $36 million Series B+ funding round led by Eight Roads, Ribbit Capital and Glade Brook Capital, according...
Ant Financial, a division of China’s eCommerce giant Alibaba, has launched a three-year strategy to make its Alipay mobile app platform available to 40 million...
As the coronavirus hampered demand, Apple sold less than 500,000 smartphones in China last month. The country put limits on travel and requested that residents...
Chinese exports have fallen by 17.2 percent in the first few months of this year due to the heavy toll of the coronavirus. Get the...
Venture capital firm Sequoia Capital warned in an email to entrepreneurs on Thursday that the coronavirus could potentially be the herald of a “prolonged” global...
On Dec. 1, 2019, there was no shortage of predictions about which stories would drive payments, commerce and the global financial ecosystem. Trade disputes, the connected...
As the global coronavirus crisis continues to evolve, the place where the virus started is facing catastrophic economic realities due to the spread of it,...
In today’s top payments news, car sales in China plummeted 80 percent last month due to the coronavirus outbreak, and Wells Fargo will give customers...
At this point, the COVID-19 virus has gone global, with a foothold on every continent but Australia, an increasing caseload and, most disturbingly, a mortality...