Beijing

ByteDance Chasing WeChat in the Super-App Race With Douyin
ByteDance Chasing WeChat in the Super-App Race With Douyin
June 14, 2023  |  Connected Economy

ByteDance, the parent company of popular social media app TikTok, is on a mission to become China’s next “everything app” to rival the success of WeChat by Tencent. ...

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Ride-Hailing Company Didi Could Cede Control to City of Beijing
Ride-Hailing Company Didi Could Cede Control to City of Beijing
September 03, 2021  |  Regulation

On the heels of a crackdown on ride-hailing companies in China, Beijing’s local government has suggested investing in Didi Global Inc. to wrestle control away...

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Today In Payments: Beijing Offers Lottery For Digital Yuan Pilot; Mitek Acquires ID R&D To Fight Identity Fraud
Today In Payments: Beijing Offers Lottery For Digital Yuan Pilot; Mitek Acquires ID R&D To...
June 02, 2021  |  News

In today’s top news, Beijing is holding a $6.2 million lottery to pilot its digital yuan, and Mitek has acquired ID R&D to expand its...

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Coronavirus Prompts Airbnb To Suspend Beijing Check-Ins
Coronavirus Prompts Airbnb To Suspend Beijing Check-Ins
February 10, 2020  |  International

Airbnb is halting check-ins at all of its Beijing listings until March due to the Coronavirus outbreak and local policies in China, according to reports on...

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China Refuses To Dial Back Tech Regulations
China Refuses To Dial Back Tech Regulations
March 25, 2019  |  International

Although U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are going to Beijing for trade talks later on this week, there are still...

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Beijing Startup Danke Apts Gets $500M From Ant Financial, Tiger Global
Beijing Startup Danke Apts Gets $500M From Ant Financial, Tiger Global
March 01, 2019  |  Investments

Ant Financial has led a $500 million investment in startup Danke Apartments, a Beijing-based co-living group. According to Financial Times, Ant Financial joins existing investor...

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China’s Move To Embrace Blockchain
China’s Move To Embrace Blockchain
September 05, 2018  |  B2B Payments

For China, cryptos are anathema, while the blockchain is to be embraced, or so it seems in light of recent policy and project announcements. China...

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Hong Kong Smart Banking Via API And Citi Pay With Points
Hong Kong Smart Banking Via API And Citi Pay With Points
July 31, 2018  |  B2B Payments

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...

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Chinese Gov’t Wants More Control Over China’s Tech Companies
Chinese Gov’t Wants More Control Over China’s Tech Companies
October 12, 2017  |  International

China is looking to gain more control over its largest tech companies, including Tencent, Weibo and a unit of Alibaba. According to a news report...

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