The third-party payments processor has been in the sights of China's Central Bank regulators since 2017 because the digitalization of all cash streams, payments as well as financial, was foreshadowing the fragmentation of the banking system
Reaching 802 million people for mobile payments in 2020, a 50% surge over 2017, and third party transactions adding up to $34 trillion, China's digital revolution portends major changes in retail and in finance - in China and globally
Commerce deserves careful scrutiny as the advance scouting party of a much larger enterprise, the vast infrastructure project staged and controlled by China's Belt and Road Initiative
Prosus may be an unfamiliar entity in the selection of great companies stretching the globalized world, but the biggest underlying asset of the firm is not...
E-commerce may transform retail in India over time but the driver of societal revolution is the digital payment process itself, riding the wave of the mobile Internet and inventing new services along the way
With cloud-based game streaming, Google's Stadia upends the gaming industry, disrupting traditional business models, calling for fresh multiplayer game creativity and testing alternative revenue streams
