Class A shares of the three major stock indexes turned red across the board, Internet e-commerce, AI glasses and other sectors rose first.
Conflux has partnered with Asia's top e-commerce platform Smile Shop to launch the BitUnion prepaid card, which now allows global digital asset payments in 183 countries and territories. The BitUnion Prepaid Card uses UnionPay International's USD prepaid card framework and is the first encrypted UnionPay card. Users can top up, shop online, shop in-store and withdraw cash globally.
Class A shares of the three major stock indexes rose more than 1%, Internet e-commerce, dairy, food processing and other sectors rose first.
On November 22nd, Wang Shouwen, representative of international trade negotiator and vice minister of the Ministry of Commerce, said that in the recently signed and upgraded free trade agreements, the Ministry of Commerce has included cross-border e-commerce as a new clause in order to promote the development of cross-border e-commerce between our country and relevant free trade agreement countries. At the same time, China, as an important member of the WTO, is promoting the negotiation of the W...
On November 21st, Alibaba Group CEO Wu Yongming released an internal email announcing the integration of domestic and overseas e-commerce, and the establishment of an e-commerce business group. Jiang Fan will serve as CEO and report to Wu Yongming. It is understood that the new e-commerce business group will fully integrate Taobao Tmall Group, International Digital Commerce Group, 1688, Xianyu and other e-commerce businesses to form a business cluster covering the entire industrial chain at home...
Marcos Galperin, founder and CEO of Mercado Libre, a Latin American e-commerce and financial services giant, shares his thoughts on bitcoin and cryptocurrencies. He revealed that he invested in bitcoin in 2013, when Mercado Libre sent a special envoy to the United States to study new technologies. Mr. Galperin praised bitcoin's independence from government interference, explaining: "When people see governments around the world running fiscal deficits, having a currency like bitcoin that governme...
Mercado Pago, the digital banking arm of Latin American e-commerce giant Mercado Libre (MELI), said Wednesday it will launch a dollar-pegged stablecoin in Brazil. Mercado Pago users in Brazil will be able to buy and sell Meli Dollar stablecoins using their account balances in Brazilian real without paying any fees, the company said. The product is "designed to provide a practical and stable option for financial management", the company said. Ripio, a Latin American cryptocurrency firm, will act ...
The e-commerce 618 battle report was released: the sales of the whole network declined for the first time, and the live broadcast delivery could not be carried this time...
Mercado Libre, Latin America's largest e-commerce platform, has disclosed that it holds more than $40 million in cryptocurrency, according to its 2024 Quarter 1 filing. The company disclosed that it held 412.7 BTC and 3,041.6 ETH as of March 31. However, Mercado Libre does not own these assets, and its CIO, Richard Cathcart, explained that the company has liquidated its cryptocurrency in 2023. Cathcart claims that this filing reflects the fact that we offer our users a service to buy, hold and s...