Friday, November 1, 2019

Alibaba's revenue growth eases in Q2

E-commerce giant Alibaba's second quarter revenue growth slowed to 40% in Q2, although net profits more than tripled thanks in part to a one-time payment from a fintech affiliate. https://ift.tt/33a8N7T https://ift.tt/eA8V8J
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CFPB will supervise tech companies offering digital wallets, like Apple Pay, Google Pay and Venmo, by treating companies with 50M+ annual transactions as banks (Paige Smith/Bloomberg)

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