Mobile payments have become a daily activity in China with local mobile wallets like AliPay and WeChat dominating those from handset makers like Apple, Huawei and LG according to new research from the Media and Read more…
BEIJING (Reuters) – China’s Baidu Inc said on Wednesday it has established a 20 billion yuan ($3 billion) investment fund, Baidu Capital, as the country’s dominant search engine seeks a way to remain relevant in Read more…
HONG KONG (Reuters) – Apple will set up a research and development center in China’s manufacturing metropolis Shenzhen, the US tech giant said on Wednesday, as the firm looks to spur growth in the world’s Read more…
SHANGHAI/HONG KONG (Reuters) – Investors gearing up for the initial public offering of Ant Financial, the $60 billion online finance arm spun off by e-commerce giant Alibaba, will have to wait until at least late Read more…
BEIJING (Reuters) – China must speed up plans to replace insecure internet technology with domestic alternatives, President Xi Jinping said on Sunday, the latest indication that China is advancing policies that have raised concerns among Read more…
BEIJING (Reuters) – Regulators in Beijing and Shanghai are proposing restrictions on who can operate as drivers for ride-hailing services such as Didi Chuxing and Uber, possibly making it tougher for those services to recruit Read more…
BEIJING (Reuters) – Ant Financial Services Group, the online and mobile financial services affiliate of Chinese e-commerce giant Chinese e-commerce giant Alibaba Group Holding Ltd, on Saturday shuffled top leadership positions, announcing the appointment of Read more…
HONG KONG (Reuters) – Chinese state broadcaster CCTV has slammed South Korean tech giant Samsung Electronics for what it said was “discrimination” against China consumers in its handling of a global recall of Galaxy Note Read more…
Digital communication channels are gaining strength in China’s medical sector, but more than 60% of physicians are deleting medical apps shortly after installing them because they’re not useful or professional enough, according to a new Read more…
XICHANG, Sichuan, Aug. 6 (Xinhua) — China on early Saturday August 6 successfully launched the first telecom satellite for mobile communications. The Tiantong-01 satellite was launched at 00:22 a.m. Beijing Time, at southwestern China’s Xichang Read more…
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