SWIFT, Society for Worldwide Interbank Financial Telecommunication, has executed 28 million payment messages per day, as published in their May 2017 report. SWIFT connects more than 11,000 banks and financial corporations worldwide.
During the three-month period ending in March, Alibaba’s net-income group share was 10.65 billion yuan (US$1.55 billion), a 98-percent jump over one year. The group’s total revenue was $5.59 billion. Revenue from Alibaba’s core business, retail, amounted to $4.59 billion, while entertainment revenue was $571 million.
India’s growth was estimated at 7.2 percent for 2017 by the International Monetary Fund (IMF), while its last estimate of Chinese growth was 6.6 percent.
Microsoft says it has hit rival Salesforce.com where it hurts most, but Salesforce insists that Microsoft’s claims are hype because it remains the leader in the CRM (customer relationship management) software-application market.
Sam Walton, Walmart’s founder, famously said, “I have always been driven to buck the system, to innovate, to take things beyond where they’ve been.” Over the decades, that is exactly what Walmart has been doing,
Uber’s incursion into Africa has seen the most interesting of consequences. While the advanced economies have fashioned themselves as the champions of competition and the market economy, developing economies
In the late 1990s and early 2000s, Pokémon Go was all the craze among kids and teenagers. The game was quite successful and helped cement Nintendo as the global leader in the gaming industry of the time.
The growth of Netflix has become synonymous with the doom predictions of the demise of cable television for some time now. Indeed, the concept behind Netflix is unique and runs counter to the underlying business model
Alibaba has single-handedly given China’s hundreds of millions of consumers direct access to manufacturers, eliminating retailers and distributors in the process.