Ant Group, one of the world’s most valuable startups and pioneer of digital payments in China, may have lost a $439 million bet it made...
Sunday looms as a red-letter day for TikTok and Tencent’s WeChat – and tens of millions of users who use the apps to conduct commerce....
The Chinese retail economy is on the comeback trail, lending optimism to the thinking that the U.S. can follow its model if the pandemic is...
President Donald Trump will follow through on his pledge to ban downloads of TikTok and WeChat starting Sunday (Sept. 20). Get the Full Story Complete...
Backers of a new group vying to buy the U.S. operations for TikTok want to craft an agreement giving U.S. interests a majority stake in...
Uber Technologies Inc. wants to shed part of its minority stake in Didi Chuxing, the Beijing vehicle-for-hire company that calls itself the world’s leading mobile transportation platform. Get...
In today’s top news, Chinese authorities have made several arrests alleging cybercriminals laundered $2 billion through faux eCommerce purchases, and Square announced the launch of...
Chinese authorities have made a series of arrests alleging more than $2 billion was laundered at offshore gambling sites through faux eCommerce purchases. Get the...