ennlfrdees

Why mobile payments are taking off in china

When it comes to mobile payments adoption, Chinese consumers are taking the lead. And, that says Sy Choudhury, senior director of product management for Qualcomm, can teach the world a lot about how to use mPOS technology to get a mobile leg up.

Published by: Pymnts
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From $15.5 billion to $5.5 billion: It’s the year of devaluations but Flipkart’s not losing sleep

India’s most valued internet company has been devalued—yet again. In one of the most drastic markdowns for Flipkart so far, one of its investors, a mutual fund managed by Morgan Stanley, slashed the Bengaluru-based e-commerce major’s value to just $5.54 billion (Rs38,030 crore). At its peak in May 2015, Flipkart was valued at $15.5 billion.

Published by: Quartz
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Drones launch into rural China on Singles’ Day

JD.com exploits the hype around Singles’ Day to announce expansion of its airborne capabilities with regular drone deliveries to more than 100 routes across mainland China by the first half of 2017.

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