JD.com, sometimes called China’s Amazon, said it plans to take its shipping business public in Hong Kong, Bloomberg reported. The company’s goal is to take...
One previously unreported reason Jack Ma‘s Ant Group lost its IPO was because of the complex ownership structure of the company, The Wall Street Journal...
The President Joe Biden administration is easing up on the TikTok ban former President Donald Trump was pursuing, the Associated Press (AP) reported. The Biden...
In today’s top digital-first banking news, the central bank of China is planning another test run of its digital currency, while Goldman Sachs has hired...
China’s State Administration for Market Regulation (SAMR) published new guidelines Sunday (Feb. 7) to strengthen anti-monopoly restrictions on Big Tech platforms, Reuters reported. The guidelines...
Luckin Coffee, which saw two of its top executives fired last year for mismanagement, said it has filed for Chapter 15 bankruptcy protection in the...
A new report from the Chinese government shows that internet users in the country surged to 989 million amid the pandemic, an increase of 85.4...
ByteDance’s Douyin launched a lawsuit against Tencent Holdings alleging that its WeChat and QQ platforms are in violation of China’s antitrust laws, Bloomberg reported on...
Jack Who? Government regulations? Problems? It was mostly smooth sailing for Alibaba as it announced its earnings from the fourth quarter of 2020. Absent from...