China’s Ant Group’s quarterly profits plummeted following a long-term crackdown on the country’s tech sector. The FinTech contributed $145 million to its affiliate Alibaba’s earnings,...
The fast-fashion world’s four-way battle could have a fifth player in Temu. The eCommerce company has been operating in the U.S. since last year but...
Consumers in China are reportedly reining in spending and borrowing less due to economic uncertainty. Chinese consumers borrowed the equivalent of $564 billion last year,...
India has reportedly banned 232 apps connected to China as relations between the neighbors worsen. The order by India’s tech ministry blocks 138 betting and...
Berkshire Hathaway’s Charlie Munger wants America to take a page from China and ban cryptocurrencies. In a Wall Street Journal opinion piece Wednesday (Feb. 1),...
Real-time payments have become indispensable for the global economy, with a previous PYMNTS study finding that 86% of businesses generating annual revenues between $500 million...
The reopening of China will bring new opportunities to luxury brands that have already enjoyed a record year. So said LVMH Chairman and CEO Bernard...
5G networks are just around the corner from being just around the corner . This, as Börje Ekholm the CEO of Ericsson AB, one of...