PayPal is shutting down domestic payments business in India

PayPal is shutting down domestic payments business in India

PayPal is shutting down its domestic business in India, less than four years after the American giant kickstarted local operations in the world’s second largest internet market. “From 1 April 2021, we will focus all our attention on enabling more international sales...
Kuaishou, TikTok’s Chinese nemesis, surges 194% on IPO debut

Kuaishou, TikTok’s Chinese nemesis, surges 194% on IPO debut

Kuaishou, a Chinese video app that’s largely underappreciated outside China, has just completed a massive initial public offering in Hong Kong. The app is by far the biggest rival for Douyin, TikTok’s Chinese version, and unlike many Western video platforms that make...