Two Chinese startups suspended public listing plans in the U.S. in light of China’s crackdown on domestic companies looking to list overseas. Medical data firm LinkDoc Technology and digital fitness platform Keep have both pulled out following regulators’ probes into ride-hailing giant Didi Global, according...
China is moving forward in its push to further regulate companies whose shares are listed on foreign stock exchanges. The Cyberspace Administration of China, which reports to the country’s top leaders, will take on a new role — policing those companies, The Wall Street Journal...
In China, the rise of the super app may face headwinds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
India-based online education provider UpGrad is counting on the continued appetite of people around the world to learn from their couches with $250 million set aside for acquisitions across Africa, Indonesia and Vietnam that will expand its global footprint. Get the Full Story Complete the...
In today’s top payments news around the world, TravelPerk is buying Click Travel for an undisclosed amount, while Grubhub and Yandex SDG are teaming for robotic delivery on university campuses. Plus, ContextLogic B.V. (CLBV) has received a payment services license from the Dutch Central Bank....
Proposed changes to data protection laws shouldn’t concern U.S. data titans, according to Hong Kong’s chief executive, The Wall Street Journal (WSJ) reported. They’re needed to stop the practice of doxing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
China — a market with hundreds of millions of consumers, a burgeoning middle class, with the attendant discretionary income — proves an irresistible lure for Big Tech firms hailing from China itself and abroad. Get the Full Story Complete the form to unlock this article...
Emirates airline is at the forefront of an industry effort to encourage customers to pay carriers directly from bank accounts without involving third parties and their processing fees, the Financial Times reported Monday (July 5). Get the Full Story Complete the form to unlock this article...
In what appears to be an increasingly common show of might, Chinese government regulators have again clamped down domestically on a high-profile, publicly-traded company, despite its prominent name recognition and deep roster of foreign investors. Get the Full Story Complete the form to unlock this...
