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. Bloomberg...
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. The Financial...
A positive data point, indeed — but perhaps not much more than that. To that end, in China, retail data showed consumers snapped a seven-month...
China saw retail sales increase last month for the first time since the COVID-19 outbreak, another sign of the country’s wider recovery. Consumer spending rose...
Oracle Corp., the Redwood City, Calif.-based software and technology giant, has confirmed that it has been selected by ByteDance to be the “trusted technology provider”...
Oracle appeared to win the TikTok “sale or no sale” negotiations Sunday night, as several sources reported it had been chosen over Microsoft for U.S....
Oracle Corp. beat Microsoft Corp. in a bid to take over TikTok’s video-sharing app’s U.S. operations Sunday (Sept. 13) days before President Donald Trump threatened to shut...
New Chinese finance rules will force the Jack Ma-backed Ant Group to comply with regulations to back up any payments, lending or other finances with...