DoorDash Launches Flexible Payment Options
Buy Now, Pay Later (BNPL) options from Klarna will be available for DoorDash orders soon.
News - page 18
Temu & dLocal to Enhance Affordable Shopping Experience for Emerging Markets
Popular online shopping marketplace Temu and a leading cross-border payment platform dLocal join forces to bring affordable products to emerging markets of Africa, Asia, and Latin America at favourable conditions.
China’s Property Market Reportedly Approaches to Stabilizing
This week, UBS analysts expressed the hope that the Chinese real estate market, which in recent years has been in the condition of what can be called a deep and, in a sense, fundamental downturn, is gradually approaching a kind of stabilization point.
Austan Goolsbee Sees Transitory Inflation From One-Time Tariffs
Federal Reserve Bank of Chicago President Austan Goolsbee stated that the inflationary impact of tariffs could be transitory if they were limited in scope.
Perplexity AI Reportedly Plans to Raise Up to $1 Billion
The media, citing an anonymous insider, published information according to which Perplexity AI, a startup building search engine powered by artificial intelligence, is currently in talks to double its valuation to $18 billion as part of a new funding round.
China’s Central Bank Keeps Interest Rates Steady
The People’s Bank of China on Thursday, March 20, decided to keep its key lending rates unchanged, as the Asian country is currently trying to support economic growth and stabilize the yuan amid the observed process of intensification of trade frictions.
Bank of England Holds Interest Rates
The Bank of England on Thursday, March 20, decided to keep interest rates at the same level, as the United Kingdom is currently facing uncertainty in the context of the prospects for the further dynamic of the global trade situation and is approaching a recession scenario in the country’s economic system.
Google Wallet Now Enables Supervised Payments for Kids
As more and more kids get payment cards, Google Wallet updates its functionality to enable in-store cashless payments for those youngest generation representatives who received parental consent.
LianLian DigiTech Sees 64.7% Surge in Digital Payment TPV
Fast-growing Chinese fintech company LianLian DigiTech has successfully finished the 2024 financial year, witnessing a strong total payment volume (TPV) increase.
Fed Holds Interest Rates Steady
The Federal Reserve on Wednesday, March 19, decided to leave interest rates unchanged, although at the same time underlined that the cost of borrowing is likely to be lowered later in the current year.
Fragile States Urge for Climate Financing
Countries affected by both climate change-induced hazards and military conflicts that cause humanitarian crises have joined their efforts to urge global leaders to accelerate targeted climate financing.
AMD CEO Visits China
Advanced Micro Devices (AMD) chief executive officer Lisa Su began her visit to China, where she touted the company’s role in supporting the development of artificial intelligence in the Asian country through the lens of interaction with leading players in the local corresponding industry, including DeepSeek and Alibaba Group Holding.
Samsung Seeks to Reclaim Ground in AI Memory Market
Samsung Electronics Co. pledged to strengthen its position in the high-bandwidth memory chip market in the current year.
Tencent Accelerates AI Spending
Tencent Holdings Ltd. outlined plans to dramatically increase spending on artificial intelligence infrastructure after the Chinese company recorded the highest revenue growth rates since 2023, indicating that the most valuable firm in the Asian country intends to keep pace with competitors in the so-called post-DeepSeek era.
Google Launches Redesigned Pixel 9a
Google has launched a redesigned version of its budget Pixel phone, updating the chip and battery life.
Nvidia Announces New AI Chips
Nvidia last Tuesday, March 18, at its annual GTC conference, announced new chips that are designed for the development and subsequent deployment of artificial intelligence models.
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