Alibaba will have a record-breaking IPO next week, but it’s Amazon that owns the future of China’s $400 billion online shopping industry, argues Peter Fuhrman, CEO of investment bank China First Capital. Get the Full Story Complete the form to unlock this article and enjoy...
Having been dragged into a payment card interchange lawsuit, Visa Europe Limited and Visa Europe Services are pushing back, arguing that Walmart-led lawsuit “casts too wide a net, lumping them in with Visa even though they are only licensors of Visa and are owned by...
Alibaba Group launched the roadshow for its $24 billion initial public offering in New York on Monday (Sept. 8). But although China’s e-commerce giant has updated its IPO filing six times since May, there are still unanswered questions, according to a Wall Street Journal blog....
Entrepreneurs are prepared for a world where no one buys their product and they go out of business. Somewhat harder to accept is a world where ones product is bought, and they still go out of business because the 30, 60 or even 90 day...
Monday (Sept. 8), Chinese tech giant Alibaba kicks off its IPO roadshow as it tries to persuade prominent investors to jump into an IPO that will almost certainly become one of the largest in history. Get the Full Story Complete the form to unlock this...
Canada’s government is pushing Visa, MasterCard and banks to accept lower interchange fees paid by Canadian retailers, which the government claims are currently among the highest in the world, Bloomberg reported on Thursday (Sept. 4). Get the Full Story Complete the form to unlock this...
For farmers across the developing world, being trapped in a cash-based economy is costly. Those costs come in all forms—what commodity buyers farmers can work with, security risks associated with constantly carrying around large wads of currency, the unpredictable price fluctuation and pressure to produce...
Alibaba’ payments arm Alipay has partnered up with Chinese handset maker Huawei to help consumers have mobile payments literally at their fingertips. The companies are working to create a mobile payments system that uses the fingerprint reader to be built into Huawei’s forthcoming Mate 7...
