China has ordered a lockdown of Beijing’s financial district Monday (August 6) to prevent individuals from protesting a crisis in the peer-to-peer (P2P) lending marketplace....
Didi Chuxing and Alibaba’s Ant Financial are negotiating a deal for a joint buyout of bike-sharing startup Ofo for $2 billion, according to a new report that cited a...
Talk about interesting delivery mashups: Starbucks and Alibaba partner to enable the delivery of Starbucks products to Chinese consumers as part of a deal that...
Regulators in China have reportedly launched an investigation into Pinduoduo following on the heels of media reports that third-party vendors are selling fake goods on...
Government initiatives can serve as a tailwind under bank/FinTech partnerships, as shown in Hong Kong and beyond. And APIs gain ground with Citi in that...
Ant Financial Services, the Chinese payment affiliate of Alibaba, has created a massive FinTech company that is turning Chinese banking on its head as the...
Cosco Shipping Holdings Co. was the victim of a cyberattack that disabled the Chinese state-run company’s U.S. website and email systems. According to the Wall Street...
China has arrested 82 people as part of the busting of a $1.51 billion online pyramid scheme that involved more than 220,000 investors. Reuters, citing the...
To attract Chinese travelers visiting the U.S., GUESS?, Inc. has partnered with Alipay to bring the payment option into select brick-and-mortar stores across GUESS’ brands....