As China’s local-delivery market grows at a rapid pace, with more people turning to their smartphones to order food, Ele.me has been cleared to deliver orders in a Shanghai industrial park by drone. However, the system won’t bring meals to their final destinations — only to...
Fashion rental subscription service Le Tote announced Tuesday it had entered into the highly competitive Chinese market, making it the first U.S. subscription service to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Alibaba pleased Wall Street with Q3 earnings figures coming in over expectations and a revised outlook for full-year growth denoting a highly positive perspective on the future. That large growth vision is seemingly pushed by expansion in two major areas: Chinese shopper spending and Alibaba’s...
Commerce-enabling technology provider First Data and international bankcard company UnionPay International announced Tuesday (Oct. 24) they had formed a new partnership to expand the acceptance of the UnionPay card in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
October 29, 2018
Richemont, the owner of Cartier, is reportedly teaming up with Alibaba to try to make inroads into China’s eCommerce market, in which it has struggled to drive sales. 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 […]
January 30, 2018
Fashion rental subscription service Le Tote announced Tuesday it had entered into the highly competitive Chinese market, making it the first U.S. subscription service to do so. Get the Full...
October 25, 2017
Commerce-enabling technology provider First Data and international bankcard company UnionPay International announced Tuesday (Oct. 24) they had formed a new partnership to expand the acceptance of the UnionPay card in the...
April 20, 2017
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced that it has expanded its relationship with Alipay to enable merchants across Europe, the Middle East...
