China is set to assign government officials to work with 100 private companies, including eCommerce giant Alibaba, to “boost the local manufacturing industry,” according to...
Today in the payments news roundup, Facebook has acquired Israel-based hybrid chatbot startup Servicefriend to build customer service bots for its planned Calibra digital wallet....
Following a slowdown in sales growth in the country, IKEA is making its largest annual investment in China. The furniture retailer is putting over $1.4 billion into...
Big Brother will keep an eye on Chinese businesses as the government’s social credit system compiles data on the country’s 1.4 billion people, The New...
Shanghai and Beijing Apple stores were relatively quiet when the new iPhone 11 hit shelves on Friday (Sept. 20), Reuters reported. Get the Full Story...
China’s cryptocurrency czar said that while no country is ready to welcome Facebook’s Libra, they might not have a choice. Get the Full Story Complete...
In a move that will dash the plans for expansion of companies like Philip Morris and Juul Labs in the country, India prohibited the import,...
The most common association with the term “social credit score” is with China. Since roughly 2014, the Chinese government has been working on the system,...
Pre-sales for Apple’s new iPhone are beating expectations and topping last year’s pre-orders for the same time period, Reuters reported on Tuesday (Sept. 17). Get...