CHINA TOPIX

Updated 11:29 AM EDT, Tue, Jun 16, 2020

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PayPal

 PayPal President and CEO Dan Schulman (center) joins employees, customers and Nasdaq employees while ringing the bell at Nasdaq this morning on July 20, 2015 in New York City.

40M PayPal Users Bought from Chinese E-Retailers in 2015: Report

A new report by the Internet Retailer revealed that an estimated 40 million consumers used PayPal to transact from Chinese e-retailers in 2015.

PayPal Holdings Inc, Xoom Corporation,

PayPal to Cease Support for Windows Phone, BlackBerry, and Android Fire

PayPal has announced that by June 30 it will force all of its Android and iOS users to update their mobile version of its app into version 6 if they have not yet made the upgrade. PayPal added that it is also cutting ties with Windows Phone, BlackBerry, and Android Fire, which means that the online digital payment giant will no longer support the mentioned operating systems.

SpaceX Red Dragon landing on Mars (Artist's Concept)

Elon Musk’s SpaceX Collaborates With NASA to Explore Mars by 2018

Elon Musk-owned SpaceX has inked a new deal with NASA to put its spacecraft on Martian soil by 2018. The collaboration marks a new phase in space exploration where the private and public sector are joining hands to conquer the Red Planet. NASA is looking to send humans to Mars by the 2030s.

Alibaba's Reported Higher Net Income and Revenue for the Quarter

Ant Financial Recieves $60 Billion Valuation

Chinese e-commerce giant Alibaba’s affiliate Ant Financial Services Group announced it has completed a huge new fundraising round, which can be used for expanding access to financial services in China's rural areas and improving the company's globalization.

Ant Financial Receives $4.5 billion In Funding.

Ant Financial Surpasses Didi Kuaidi To Receive Largest Funding By A Tech Company

Alipay's operating company Ant Financial announced on Tuesday that it has received a staggering $4.5 billion in series B funding. The latest funding has propelled valuation of Ant Financial, which is affiliated to E Commerce giant Alibaba, to $60 billion.

CVS Acquires Target's Pharmacy And Clinic Businesses For $1.9 Billion

Target Website Terribly Slowed on Cyber Monday

Retail giant Target has revealed that it's website suffered a terrible slowdown due to large amount of traffic from shoppers on Cyber Monday.

PayPal Holdings Inc, Xoom Corporation,

PayPal Completes Acquisition of Xoom

PayPal Holdings Ins on Friday announced that it has completed its previously announced acquisition of Xoom Corporation.

Mobile Payment Platform

CurrentC VS Apple Pay: CurrentC Challenges Apple Pay in Mobile Payment System

In a series of mobile payment system made available online, Apple Pay has yet again found a new rival, but this time it's not Samsung Pay, but CurrentC.

Paypal

PayPal Confident of Capturing Big Part of Chinese Market

A PayPal official announced on Monday that the Chinese market may soon be a major source of income for its online payment service. The forecast is based on the growing need of Chinese businesses and customers to have a reliable means of selling and buying goods abroad.

PayPal Building

PayPal Ordered To Pay $25 Million In Fines And Refunds For Tricking Its User

PayPal has been ordered to pay $25 million in fines and refunds for tricking its users with regards to PayPal Credit

Elon Musk

Elon Musk Denies Scolding An Employee For Not Working To Witness The Birth Of His Child

A new book that written by a Bloomberg technology reporter Ashlee Vance talks about the Elon Musk, the entrepreneur behind PayPal, Tesla, SpaceX and Motors.

paypal

PayPal Free From eBay's Shackles

Several analysts project that if PayPal can offer major payments infrastructure in the next few years, it will push past eBay's valuation.

eBay

Ebay To Cut 2,400 Jobs in Wake of Icahn Pact

In the wake of the new Icahn Pact, Ebay is planning on laying off as many as 2,400 employees, or 7% of the company's total workforce.

Elon Musk

Reddit Users Poke SpaceX's Elon Musk about Most Everything

Musk also talked about his lifestyle, including favorite video games.

Facebook

Facebook Messenger will Launch Payment Feature

It seems that Facebook Messenger will launch a payment feature that will compete against PayPal.

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