Business spend management software house Coupa already handles almost one billion API calls per month. The company has now evolved its open platform with an app marketplace making it easier for users, partners, and independent B2B app developers to handle how organisations spend money and who they spend it with.
COVID-19 might still be ravaging the world, and Chinese docks, affecting physical goods logistics, but China's cloud services spend has hit $6 billion in the first quarter of 2021, according to research and analyst firm Canalys.
As retailers have been developing omnichannel strategies, online goods payments have been soaring, with a new study forecasting "consumer spend on digital commerce will reach US$14.7 trillion by 2022".
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