Alibaba’s Singles’ Day shopping event on Nov. 11 was a huge success; with $30.8 billion in transactions, it surpassed Cyber Monday and Black Friday combined....
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest results from China’s massive eCommerce...
Alibaba’s 24-hour Singles Day not only broke records for the Chinese eCommerce leader, but Apple emerged as the top-selling mobile phone vendor during the shopping event....
Alibaba has set a new Singles Day sales record, generating more than $30.8 billion during the 24-hour shopping event. Get the Full Story Complete the...
When Singles Day launched nearly a decade ago, the then-fledgling eCommerce brand Alibaba didn’t really think they were changing the face of commerce in its...
Before a summit between China’s President Xi Jinping and U.S. President Donald Trump, American Express has received the go-ahead to open up card-clearing services in...
Alibaba, the Chinese eCommerce giant, is having success with its newly-created on-demand online services unit — it raised $4 billion in funding, giving it a...
With an Alibaba partnership, Starbucks’ delivery service in China has a wide reach: the chain offers delivery in 17 cities in the country in 1,100...
Cross-border payments firm WorldFirst is launching operations in mainland China through the rollout of its localized brand name and multi-currency accounts for small businesses in...