Baidu’s new firm has received $1.9 billion in funding that will enable it to better compete in China’s growing FinTech space. Get the Full Story...
As it seeks to speed up its eCommerce expansion, China’s Xiaohongshu or “Little Red Book” is seeking new funding. According to people familiar with the...
The alliances between U.S. and Chinese companies in the area of artificial intelligence (AI) could receive greater scrutiny by the U.S. government, which could threaten...
Starbucks saw strong growth in its loyalty program and mobile transactions over its second fiscal quarter of 2018, the company announced ahead of its earnings...
Asia’s FinTech investment is hitting new high notes. According to reports published this month in e27, CB Insights found more than $2 billion invested in...
American Express has passed a major hurdle in efforts to become the first U.S.-based credit network to offer services in mainland China. Get the Full...
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Chinese officials have reportedly taken measures to monitor and potentially crack down on the nation’s banks’ risky lending practices, reports in Reuters said Wednesday (April...
To expand its Internet of Things (IoT) business, Alibaba Group has acquired a Chinese microchip maker. The eCommerce retailer purchased Hangzhou C-SKY Microsystems, which supplies...