Tag Archives: spending

Financial institutions to increase future blockchain spending

Many financial institutions are poised to increase their blockchain spending in 2021, according to an upcoming Deloitte survey titled “Financial Services Industry Outlooks 2020”. Preliminary results shared with Cointelegraph indicate that 27% of institutions surveyed expect a “slight increase in spending” for blockchain and distributed ledger technology, while 14% expect …

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Alibaba's earnings: spending for a future beyond e-commerce

Alibaba Group Holding Ltd. dominates online shopping in China, but the company has bigger plans in mind. The Chinese e-commerce giant is aggressively investing as it seeks to profit from multiple aspects of retailing, including food delivery and physical stores. These are part of Alibaba BABA, + 0.46% Initiatives "new …

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