Insider Intelligence publishes thousands of research reports, charts, and forecasts on the Payments & Commerce industry. You can learn more about becoming a client here. Below is some pertinent information on the current state of the mobile wallet market. In the US, the in-store mobile wallet space is becoming increasingly crowded. Most customers have an option provided by their smartphone […]

In this article Fosun International Ltd. is acquiring a controlling stake in Sichuan Tuopai Shede Group Co., boosting its presence in the coveted baijiu liquor sector as the Chinese conglomerate led by billionaire Guo Guangchang pivots inward for growth. Fosun will buy a 70% stake in the liquor and spirits maker for 4.53 billion yuan ($694 million) in cash, the […]

NEW YORK (BLOOMBERG) – It was a year the entire world changed, but one thing held steady in an elite corner of Wall Street: Goldman Sachs Group ended up on top. Goldman was the world’s top adviser on mergers and acquisitions for the fourth consecutive year in 2020, and was the only bank with more than 30 per cent of […]

FILE PHOTO: The U.S. flag is seen on the New York Stock Exchange (NYSE) following Election Day in Manhattan, New York City, U.S., November 4, 2020. REUTERS/Andrew KellyNEW YORK (Reuters) -The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, China Telecom Corporation Limited , China Mobile Limited 0941.HK and China Unicom (Hong […]

A multi-billion-dollar high-speed rail link between Singapore and Malaysia’s capital Kuala Lumpur has been terminated. The two countries were unable to reach an agreement on the project after Malaysia sought changes because of the pandemic’s economic impact, according to a joint statement Friday. Malaysia will have to compensate Singapore for costs already incurred, the city-state’s transport ministry said in a […]

Doctors in Los Angeles County are bracing themselves for a likely rise in an already surging number of COVID-19 cases and hospitalizations. Physicians told Business Insider that their hospitals are running through multiple contingency plans to figure out how to best treat patients, maintain supplies, and keep healthcare workers safe. Los Angeles County has averaged over 14,000 daily new cases […]