Tencent has launched tools to help merchants build virtual shops on its wildly popular WeChat messaging service in China, pitting itself against the country’s major online shopping giants Alibaba and JD.com. Businesses and merchants will be allowed to sign up for...
Thursday, San Francisco-based Bolt unveiled what Breslow says is the world’s first checkout experience platform, powered by a $50 million Series C round of funding led by WestCap’s Laurence Tosi. Bolt, founded in 2014, gives retailers and consumers more choice, control and flexibility...
Makers of apparel and accessories are getting pinched as the retailers they supply struggle to pay for goods, adding to the pain caused by the coronavirus pandemic and threatening the viability of many small and midsize businesses. Companies including Nike Inc., Columbia...
Alipay, the brand of Ant’s consumer finance app, claims to earmark 1.3 billion annual active users as of March. The majority of its users came from China, while the rest were brought in by its nine e-wallet partners in India, Thailand, South Korea, the Philippines, Bangladesh, Hong Kong...
“As we enter the second half of the year and retail re-emerges across the world, it’s critical we help our partners drive business growth, both online and offline,” said Nick Molnar, Afterpay’s co-founder and U.S. CEO. “As a proven solution for...
