October 08, 2021
China Fines Delivery Giant Meituan For Breaking Antitrust Laws
China’s antitrust regulator has fined food delivery giant Meituan 3.4 billion yuan ($527.4 million) for abusing its dominant market position, the watchdog said on Friday, the latest penalty in Beijing’s clampdown on...
October 04, 2021
Ant Group, Tencent Give State-Owned UnionPay More Access to Mobile...
Alipay and WeChat Pay are giving state-owned bank card clearinghouse UnionPay even more access to their mobile payment ecosystems as China continues to push Big Tech companies to become more...
October 01, 2021
eCommerce Startup Merama Closes $225M Series B Round
The Latin American eCommerce startup Merama has raised $225 million in Series B funding, bringing the value of its direct-to-consumer (D2C) financing business to close to $850 million. Get the...
September 30, 2021
Today in B2B: Teampay Integrates with Microsoft Teams; Alibaba Helping...
Today in B2B payments, Alibaba introduces a new B2B services for Pakistani merchants, and Teampay makes history with its Microsoft Teams integration. Plus, Melio adds a western U.S. headquarters in...
September 29, 2021
Alibaba to Offer B2B Services to Pakistani Merchants
Alibaba.com will be allowing Pakistani sellers more opportunities to grow their businesses by providing several B2B services, PhoneWorld reported. Get the Full Story Complete the form to unlock this article...
September 28, 2021
Chinese Regulators Order Alibaba To Adopt Tencent’s WeChat Pay
In a push to even the playing field and stop monopolistic practices, Chinese regulators ordered Alibaba to adopt Tencent’s WeChat Pay on its platform, CNBC and other news outlets reported...
September 26, 2021
Alibaba Helps Fuel Ninja Van’s $1B-Plus Valuation
Singaporean logistics startup Ninja Van has reached unicorn status thanks to a $578 million Series E funding round, which included Chinese eCommerce giant Alibaba Group as an investor, Bloomberg reported....
September 24, 2021
China Widens Mobile Payments Antitrust Probe
The central bank of China is planning to “deepen” its mobile payments-focused antitrust probes, even though it has seen “interim progress” in the last year, its deputy governor said on...
September 22, 2021
Worldpay: B2B Payments Will Digitally Transform to Look More Like...
It is becoming clear that B2B’s digital makeover will take a cue from B2C, such as the Amazons of the world, as paper checks give way to payments made with the click of a mouse. Buyers increasingly will find sellers...
