The run-up to a Chinese Shopping holiday known as Singles Day (in honor of unattached consumers who are encouraged to buy themselves nice things) has tipped off a trademark spat between Chinese e-commerce players. The dispute came into focus after Alibaba rival, JD.com, publicly published...
When Ramesh Tainwala took over as CEO of luggage giant Samsonite International this month, he got an important lesson in the nuance of phrasing in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Corporate payments programs have often been regarded as costly and tedious, but new insights from recent data to be presented at Money 20/20 show otherwise, according to Digital River. On Monday, November 20 at 1 PM EST, MPD CEO Karen Webster will host a live...
Massachusetts-based start-up Credorax wants to bust up the silos that house the various pieces of the retail transactions processing process and has just raised another $40 million to do it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
As the number of unlicensed suppliers winning bids on Chinese government contracts has gone up, so too have the number of reports on shoddy and defective goods being provided to customers. This increase in “shipped broken” merchandise is occurring even as regulators are attempting to...
When exploring global expansion for Apple Pay, China is the highest priority for Apple CEO Tim Cook, even though the service has yet to launch there. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The International Chamber of Commerce met on Oct. 21 for a session that was called a set of “intense talks” to finalize the first set of standardized supply chain finance definitions. After nine hours of discussion, the 11-member group prepared the terms for an initial draft that’s expected...
Visa and MasterCard have won a reprieve from Russia’s demand that the card brands pay more than $1 billion each to continue operating in the country, Russia Beyond the Headlines reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Alibaba’s biggest rival in China, Tencent, has just led a $350 million funding round for a startup called Koudai Gouwu that could challenge Alibaba where it’s weakest: mobile shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
