Source: tencent.com
Snapchat, according to recent reports, is having cash flow troubles. The app that got famous for its disappearing messages is looking like it will either need...
China’s Tencent Holdings paid $180 million for an undisclosed minority stake in Brazilian FinTech Nu Pagamentos SA (known as Nubank). As a result of the...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Global Payments’ tie-up with Alipay to serve Chinese tourists in...
Tencent Holdings revealed that it is restructuring for the first time in six years as it faces tougher Chinese internet regulation. According to Reuters, the Chinese...
Whether in Australia, India, Europe or the United States, mobile phones aren’t just driving interconnectivity, but are the key channel driving innovation in payments and...
Retailers in China are taking sides in the rivalry between Alibaba and Tencent, and the latest battle ground is coffee: Chinese upstart Luckin Coffee is teaming...
Alibaba and SoftBank have invested $3 billion into Ele.me, the food delivery company that is owned by Alibaba. According to a report in CNBC, Ele.me...
In this case, perhaps IPO could stand for: “It’s Possible, Only…not now.” News came at the beginning of this week that the hotly anticipated listing of Ant...
Tencent’s WeChat, which is the leading messaging app in China, has rolled out a digital payment platform in Malaysia in what is its first Asian...