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.

Ride-Hailing Giant Didi Eyes IPO, Could Raise $9 Billion

Ride-Hailing Giant Didi Eyes IPO, Could Raise $9 Billion
Ride-Hailing Giant Didi Eyes IPO, Could Raise $9 Billion
March 19, 2021  |  News

Didi Chuxing Technology Co. is preparing for an initial public offering (IPO), Bloomberg reported on Friday (March 19), citing people familiar with the plans. An...

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Ant-Backed Chinese Robo Adviser BangNiTou Tops Million Users
Ant-Backed Chinese Robo Adviser BangNiTou Tops Million Users
March 18, 2021  |  International

BangNiTou, a robo-adviser service backed by Vanguard and Ant Group, has reached 1 million users, according to Bloomberg. Get the Full Story Complete the form...

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Today In Payments Around The World: Pollinate Notches $50 Million; The Rise Fund To Invest $200 Million In Airtel Africa’s Mobile Money Unit
Today In Payments Around The World: Pollinate Notches $50 Million; The Rise Fund To Invest...
March 18, 2021  |  International

In today’s top payments news around the world, Pollinate has notched $50 million to bring its software business to North America and develop its platform...

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China’s DMall Seeks Half-Billion-Dollar American IPO
China’s DMall Seeks Half-Billion-Dollar American IPO
March 18, 2021  |  IPO

China’s DMall ECommerce Co. has engaged Bank of America, Goldman Sachs and J.P. Morgan for a U.S. initial public offering (IPO) of more than $500...

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China’s Tencent To Host Alibaba’s Bargains App, Taobao Deals
China’s Tencent To Host Alibaba’s Bargains App, Taobao Deals
March 17, 2021  |  eCommerce

Alibaba Group — the biggest eCommerce platform in China — will host its bargains app, Taobao Deals, on Tencent’s WeChat platform, Bloomberg reported, citing sources....

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Today In Payments Around The World: SumUp Lands $893 Million For Growth; Euronet To Buy Piraeus Bank’s Merchant Acquiring Business
Today In Payments Around The World: SumUp Lands $893 Million For Growth; Euronet To Buy...
March 16, 2021  |  International

In today’s top payments news around the world, SumUp has secured roughly $893 million for expansion, while Piraeus Bank’s merchant acquiring business is to be...

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China Cracks Down On eCommerce Livestreaming Platforms
China Cracks Down On eCommerce Livestreaming Platforms
March 16, 2021  |  Social Commerce

In China, eCommerce livestreaming is a huge revenue generator. As the country increases its regulatory scrutiny of eCommerce companies, such livestreaming has become the latest...

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China Deletes Alibaba Browser From App Stores Amid Tech Crackdown
China Deletes Alibaba Browser From App Stores Amid Tech Crackdown
March 16, 2021  |  International

Alibaba’s UC Browser was pulled from app stores in China as President Xi Jinping warned that Beijing’s tech crackdown was only going to intensify, the...

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Today In Retail: H&M Says Sales Rebounded As Stores Reopened; British Consumers Choose To ‘Shop Socially’
Today In Retail: H&M Says Sales Rebounded As Stores Reopened; British Consumers Choose To ‘Shop...
March 15, 2021  |  Retail

In today’s top retail news, H&M indicated that 80 percent of its 5,000 global stores had currently opened up again from pandemic-related closures, while more...

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