china

China, officially the People's Republic of China, is a country in East Asia and the world's most populous country, with a population of around 1.404 billion in 2017. Covering approximately 9,600,000 square kilometers, it is the third or fourth largest country by total area.

Starbucks CEO: Competitors’ Discounting In China Unsustainable

Starbucks CEO: Competitors’ Discounting In China Unsustainable
Starbucks CEO: Competitors’ Discounting In China Unsustainable
April 26, 2019  |  Retail

As Luckin Coffee gears up for an initial public offering (IPO), Starbucks CEO Kevin Johnson believes that the use of discounting by competitors is not...

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Starbucks Mobile App Now Counts 16.8M Users
Starbucks Mobile App Now Counts 16.8M Users
April 26, 2019  |  Earnings

With the growth of its rewards program and its stock reaching a record high ahead of expected earnings, Starbucks beat analysts’ earnings estimates and fell...

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Chinese eCommerce Site Pinduoduo Pinged For Piracy, Counterfeiting
Chinese eCommerce Site Pinduoduo Pinged For Piracy, Counterfeiting
April 25, 2019  |  Security & Fraud

The U.S. Trade Representative’s Office (USTR) has placed Chinese eCommerce site Pinduoduo.com on a blacklist, along with other sites the organization says are involved in...

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China’s Dunxin Plans Mobile Trade Finance Solution
China’s Dunxin Plans Mobile Trade Finance Solution
April 23, 2019  |  B2B Payments

China-based micro lender Dunxin Financial Holdings this week announced its plans to roll out a mobile-based supply chain finance solution next month. Get the Full...

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Chinese Coffee Co. Luckin Files For US IPO
Chinese Coffee Co. Luckin Files For US IPO
April 22, 2019  |  Investments

The Starbucks rival in China, the Beijing-based Luckin Coffee, has filed for an initial public offering (IPO) in the United States with a valuation of...

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RiverPay Aids Merchants With QR Code Payment Integration
RiverPay Aids Merchants With QR Code Payment Integration
April 18, 2019  |  Payment Methods

The UnionPay card in China is accepted by more than 80 percent of merchants in the United States, but Chinese customers are increasingly moving toward...

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China’s Starbucks Rival Luckin Raises $150M
China’s Starbucks Rival Luckin Raises $150M
April 18, 2019  |  Investments

Luckin, a Chinese coffee startup that aims to dominate rival Starbucks in the Chinese coffee market, has raised $150 million in a Series B-plus fundraising...

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Trade Disputes Make Long-Lasting Mark On Global Supply Chains
Trade Disputes Make Long-Lasting Mark On Global Supply Chains
April 18, 2019  |  B2B Payments

While the U.S. and China continue the tedious process of smoothing out trade tensions, possible new trade disputes are emerging between the U.S. and Europe,...

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Amazon To Shutter China Marketplace
Amazon To Shutter China Marketplace
April 18, 2019  |  Amazon

Amazon is set to shut down its domestic marketplace in China by mid-July. Citing people familiar with the matter, Reuters reported that the eCommerce giant...

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