Edith Yeung of Proof of Capital says the Chinese government has been “really thoughtful” about the digital currency electronic payment framework and its rollout. She says it will “definitely” be deployed within the next six to 12 months.
Ben Harburg of MSA Capital says taking Chinese best practices and applying them in the Middle East could create “regional winners.” He also says there’s a “massive pivot” in the Middle East toward Chinese technology.
CNBC’s Arjun Kharpal reports on Alibaba’s secondary listing in Hong Kong and how the company is shaking off concerns by showing it can continue to grow. Nasdaq’s Robert McCooey says Alibaba is a “very unique case.”
Former Snap chief strategy officer Imran Khan is starting a new e-commerce business that will eventually compete with Amazon. Asked what his edge over the tech giant is, he says he believes “bigger” is not always “better.”