Alipay and Tencent, operators of the two leading digital payment services in China, could lose as much as $1 billion combined in annual revenue thanks...
Three Chinese firms announced they have teamed up to launch a ridesharing platform. FAW Group, Dongfeng Automobile and Chongqing Changan Automobile signed a cooperation agreement in...
Amid the swirl of headlines that focus on the back and forth between China and the United States, and the continuing escalation of tariffs, the...
With a crackdown on gambling amid the FIFA World Cup, authorities in China have seized over $1.5 million in digital currency. Police started an investigation...
China’s central bank said Friday (July 13) that companies and individuals have to accept cash payments, but that the rule isn’t being applied to online payments...
It’s one thing to make a decision. It’s quite another to make other people — especially those with significant control over money — understand it....
Trades between bitcoin and China’s renminbi (RMB) were once very popular, but that’s reportedly no longer the case. News came this week that the volume...
JD.com’s finance unit has raised $1.96 billion in a new round of funding. Reuters, citing people with direct knowledge of the matter, reported that with...
On Tuesday (July 10), L Catterton Asia, the Asian unit of consumer-focused private equity firm L Catterton, and Chinese retailer JD.com announced a strategic partnership...