WeChat Pay Launches ‘Flagship Airport’ Program in Battle Against Alipay, UnionPay

Perhaps nowhere is the battle for Chinese tourists’ payments more obvious than in airports. For Alipay and WeChat Pay, presence in international airports is required to maintain the impression that their platforms genuinely are available in the international space. If these payment options aren’t even available in the most international of spaces—the airport—why would Chinese … More WeChat Pay Launches ‘Flagship Airport’ Program in Battle Against Alipay, UnionPay

Global Recovery of Luxury Market Will Take On New Trends

The global personal luxury goods market is set to rise six percent at constant exchange rates this year after a stagnant 2016, and the total market value is about to hit 262 billion Euros (USD$304 billion). The latest prediction is up from Bain’s mid-year forecast, which estimated a two-to-four percent growth of the sector to … More Global Recovery of Luxury Market Will Take On New Trends