Alibaba Fined Billions of Dollars By China for Monopoly Abuses
Chinese regulators struck out at leading eCommerce company Alibaba with a record breaking fine of 18.2bn yuan (US$2.78bn) due to practices deemed to be an abuse of…
American Express Becomes First Foreign Payments Network To Receives Approval In China
American Express announced its joint-venture in mainland China, Express (Hangzhou) Technology Services Company Limited (Express Company), has received final approval from the People’s Bank of…
Brands in China Embrace Live Streaming to Overcome Business Impact of The Coronavirus Outbreak
In an effort to minimize the impact of the Coronavirus outbreak that crippled China’s retailers and online merchants, the Alibaba Group offered a great insight…
FedEx Updates Customers on Operations Impacted by Coronavirus
The Coronavirus outbreak continues to impact global trade and shipping. Postal services and courier companies are updating customers on current operations, especially to regions affected…
U.S. Postal Service Suspends Delivery Guarantee on Shipments to China
There have been Internet rumors that the United States Postal Service has stopped accepting mail going to China. These rumors stem from a story reported…
UK Agrees Deal With Huawei Over 5G Technology
Just days away from Brexit and Prime Minister Boris Johnson has made a bold move in agreeing in part to a deal where Huawei would…
How Coronavirus Could Impact Global eCommerce?
At first glance global events can seem to have a positive impact on global eCommerce. Just like when a hurricane threatens mainland USA the local…
Chinese Shoppers to Snub American Brands on Singles Day
It looks like Singles Day is going to be a gloomy, fruitless day for American brands as 78% of Chinese consumers plan to snub them…
PayPal Enters China Market Through GoPay Acquisition
The People’s Bank of China has approved PayPal acquisition of a 70 percent stake in Guofubao Information Technology Co. (GoPay), Ltd., a holder of a…
SnapPay connects North American merchants to AliPay and WeChat Pay
SnapPay is now available for Chinese mobile payment applications Alipay and WeChat Pay. Offering Chinese mobile payments provides small businesses in North America the opportunity…