本报讯（记者李冰）2025年7月23日，PayPal（纳斯达克代码：PYPL）宣布与全球几大支付系统及数字 钱包达成全球合作伙伴关系，并计划推出PayPal World。据介绍，合作伙伴包括Mercado Pago、NPCI International Payments(UPI)、PayPal、Tenpay Global和Venmo。 同时，赋能跨境商业发展的全技术兼容性平台PayPal World预计将于今年秋季上线，届时将实现各大合 作伙伴与PayPal和Venmo的互联互通。未来，若合作钱包期望实现进一步互通，该平台的初始设计也提 供了可行性，助力拓展钱包的跨境使用范围。利用开放式商业API，PayPal World采用云原生的多区域 部署架构，确保全球范围内的低延迟和高可用性，有效解决跨境贸易的复杂性。基于强大的安全保障能 力，PayPal World为所有合作伙伴打造了一个全设备及技术可兼容的环境。 据了解，PayPal World适用于未来商业发展。数字支付和钱包将在支持代理式购物时代发挥关键作用， 消费者可以通过与人工智能助手的对话完成购物和支付。此外，PayPal World还将兼容最新的技术 ...

Shell plc (SHEL) has achieved a notable legal victory as the U.S. District Court for the Southern District of New York dismissed a $58 million lawsuit filed by Nigerian contractor Forstech Technical Nigeria Limited against The Shell Petroleum Development Company of Nigeria Limited (“SPDC”), now operating as Renaissance Africa Energy Company.Although SHEL has a great operational strength, the rising risks related to macroeconomic conditions, geopolitical scenarios, and regulatory and legal pressure can have ...

Core Insights - JD Group reported Q1 2025 revenue of RMB 301.1 billion, a year-on-year increase of 15.8%, with net profit attributable to ordinary shareholders at RMB 10.89 billion, up 52.73% [1] - Goldman Sachs anticipates continued revenue growth momentum for JD Retail in Q1, with a projected net profit of RMB 10.5 billion [1] - The overall earnings outlook for major stocks remains positive, driven by strong consumer spending trends and growth in AI cloud services [2] Company-Specific Insights Tencent - Tencent's Q1 revenue is expected to show a 15% increase in gaming revenue and an 18% rise in advertising revenue, with adjusted EBITDA projected at RMB 67.8 billion, a 16% year-on-year growth [4] - The company is focusing on AI-driven advertising technology upgrades and the sustainability of gaming revenue growth [5][6] Alibaba - Alibaba's Q1 forecast includes single-digit growth in GMV and a 9% increase in customer management revenue, with adjusted EBITDA expected at RMB 39 billion, a 1% year-on-year increase [7] - Key areas of focus include AI cloud revenue growth and the impact of geopolitical changes on international business [8] Pinduoduo - Pinduoduo's Q1 online marketing revenue is projected at RMB 48.9 billion, a 15% increase, while transaction commission revenue is expected to reach RMB 59.6 billion, up 34% [9] - The company faces challenges due to changes in its business model and competition from new entrants [10] Meituan - Meituan's Q1 core local commerce profit is expected to grow by 26% year-on-year, with a 13% increase in food delivery order volume [11] - The company is under scrutiny regarding its ability to maintain profit targets amid increased competition [12] JD Group - JD's Q1 retail EBITDA is projected at RMB 11.9 billion, a 28% year-on-year increase, with a profit margin of 4.7% [13] - Key considerations include the impact of its new food delivery business on overall profitability and the sustainability of revenue growth in the second half of 2025 [14]