US logistics firm Prologis has launched a £12.6bn all-share takeover bid for UK property giant Segro, which Segro's board rejected as significantly undervalued. The offer highlights the strategic value of Segro's warehouses and AI datacentre potential.
Small-to-medium-sized businesses in the UK face significant challenges post-Brexit, with increased bureaucracy, lost exports, and higher costs leading to business closures and early retirements, contrary to the promised 'sunlit uplands'
Meituan, China's food delivery leader, is accused of paying merchants to spread negative information about rival Taobao Shangou, a unit of Alibaba. This comes amid intensified competition and regulatory scrutiny in the sector.
GoMining's GoBTC Pay aims to solve Bitcoin's retail checkout problem with instant confirmations and miner-operated settlement. The new SDK and API allow merchants and wallets to route BTC payments through GoMining's mining infrastructure, offering zero direct user fees and a 0.2% merchant fee.
GoMining's GoBTC Pay introduces a Bitcoin checkout system using miner-operated settlement for near-instant confirmations. The Gen1 SDK and API aim to attract merchants and wallet providers by offering zero direct user fees and faster settlement, though it concentrates control with the miner.
Crypto exchange Bybit is expanding into real-world assets by offering eligible customers access to tokenized bond funds from PIMCO and China Merchants Bank International. The new RWA Earn platform features two funds: the PIMCO Dynamic Income Opportunities Fund and the CMBI Investment Grade Bond Fund.
Crypto exchange Bybit is expanding into real-world assets by offering tokenized bond funds from PIMCO and China Merchants Bank International. The new RWA Earn platform will feature funds tokenized by DigiFT, using Plume's onchain infrastructure, allowing users to subscribe with USDC.
Pan Qiao, Chairman of Sino-Thai Jiye Investment Group, emphasizes the crucial role of young overseas Chinese merchants in fostering cultural exchange and economic cooperation within the Belt and Road Initiative. He highlights their unique advantages in navigating global markets and promoting mutual understanding and win-win development.
Young overseas Chinese merchants are returning to Zhejiang, China, to invest in real industries like manufacturing, semiconductors, and healthcare. They leverage international experience and advanced technology to drive economic growth and contribute to national development.
New 'cotton candy green grapes' are selling for 60 yuan per jin in major cities, sparking debate over fruit naming conventions. While some praise the unique flavor, others find it overly sweet. This trend of 'misappropriated' fruit names, like 'mango pineapple,' often relies on novelty and patent protection, leading to high prices and polarized consumer opinions.
President Lee Jae-myung made an unannounced visit to Oedo Traditional Market in Gimhae, Gyeongnam, to check on the economy and encourage merchants facing difficulties due to the economic downturn. He interacted with citizens, including taking selfies with students and inquiring about fruit prices.
Overseas merchants at the 10th Silk Road International Expo in Xi'an are seeking to establish a permanent presence, leveraging the China-Europe Railway Express to expand their reach. Exhibitors from South Korea, Nepal, and Iran highlighted their growing product lines and aspirations for logistics hubs in Xi'an to facilitate trade across Eurasia.
Kakao Pay will waive payment fees for new small business merchants until the end of the year. Businesses with annual sales under 500 million won that register by July 30 will benefit from the fee exemption on Kakao Pay Money transactions.
Coupang Eats refuted claims that it is passing on the costs of its free delivery promotion to merchants. The company stated that it covers all costs and that merchants' per-order costs have decreased by approximately 5% during the promotion period.
Crypto platform KuCoin is expanding in Australia, launching a new office and a crypto-backed debit card, KuCard, to facilitate everyday purchases. The move follows AUSTRAC registration and aims to integrate digital assets into daily commerce.
11th century China pioneered the world's first paper money, jiaozi and huizi, transitioning from metal coins to state-backed fiat currency, centuries ahead of the Western world.
SEOUL, May 8 (Yonhap) -- President Lee Jae Myung and first lady Kim Hea Kyung on...
DoorDash on Monday added new AI-powered tools that let merchants speed up onboarding, edit photos to make dishes look better, and create new websites from existing content.
DoorDash on Monday added new AI-powered tools that let merchants speed up onboarding, edit photos to make dishes look better, and create new websites from existing content.
MoonPay announced the MoonAgents Card, a virtual Mastercard debit card allowing AI agents to spend stablecoins directly from crypto wallets at any online merchant. The card converts crypto to fiat at point of purchase without requiring pre-loaded custodial funds, and users can revoke agent spending access anytime. Currently available in the UK and Latin America, with US and EU expansion planned for coming months.
Ant International disclosed at its MoMents 2026 forum in Kuala Lumpur that it has connected over 150 million merchants with 2 billion consumer accounts globally. The company supports 300+ payment methods across 220 markets and processes 20 million daily transactions. It unveiled an open-sourced Agentic Mobile Protocol for AI agents and launched an AI payment processing product through Alipay enabling automatic payments for merchants when AI agents purchase services.
PhonePe has surpassed 50 million registered merchants across India, covering 98% of the country's postal codes. The platform is shifting from simple QR-based payments to a comprehensive suite of financial services, including loans and business tools for small enterprises.
China Merchants Heavy Industry (Jiangsu) has delivered the nation's largest LNG carrier, the 180,000-cubic-metre Celsius Georgetown, marking a significant breakthrough in large-scale clean energy carrier construction. The 298.8-metre vessel is the first of six identical ships ordered by Danish firm Celsius Shipping, with the second due in three months. China Merchants Group chairman Miao Jianmin called it the group's formal entry into the 'core global camp' of large-scale LNG shipbuilders.
DoorDash announced a partnership with Tempo, a Stripe and Paradigm-backed stablecoin platform, to enable stablecoin-powered payouts for Dashers and merchants across its 40+ country marketplace. The move addresses settlement delays that affect worker cash availability and merchant working capital. DoorDash co-founder Andy Fang cited faster, more affordable payouts as the key appeal. This represents one of the clearest signs that stablecoins are moving into mainstream operational infrastructure for large platforms.
