PayPal to Enter China’s Online Payment Market
Following U.S. digital money transfer platform PayPal’s acquisition of Chinese licensed payment company GoPay in 2019, PayPal made another move to hold the full equity of GoPay today.
1/12/20212 min read
Category: Industry
Showing 12 of 6375 posts in this category
TikTok's Sister App Douyin Releases Report on 'Pan-Knowledge' Content
TikTok's sister app Douyin released a report today, indicating that the broadcast volume of pan-knowledge content has accounted for 20% of the total broadcast volume of the platform.
10/13/20212 min read
Agibot Completes New Funding Round, Valuation Exceeds 7 Billion Yuan
Agibot has completed a new round of financing, with its current valuation exceeding 7 billion yuan, receiving support from Chinese automotive giants including BAIC, SAIC, and BYD.
Warren Buffett Sells BYD Shares for First Time, Cashing in Over HK$358M
On August 30, the HKEx (Hong Kong Stock Exchange) News website showed that Warren Buffett's Berkshire Hathaway Corporation had sold 1.33 million BYD shares on August 24 at an average price of HK$277.1 ($35.31) per share.
Shanghai Disneyland Reopens at 20% Capacity,Requiring Compulsory Facial Masks and Social Distancing
The Shanghai Disneyland Resort has reopened on May 11 after having been shut down for more than three months to prevent the spread of COVID-19. This is Disney’s first theme park to resume operations around the world.
Food Delivery Is About to Get Even Cheaper in Nine Cities as Didi Competes for Market Share
Didi Waimai, the taxi-hauling app Didi's new food delivery platform, shared 9 posters on their official Weibo account on April 13th, claiming that a nationwide ...
TRON CEO Justin Sun Blocked on Chinese Social Media Again
One day after TRON CEO Justin Sun’s account on Weibo was shut down on December 12, his newly opened account named Teacher Justin Sun was blocked again.
12/13/20193 min read
Hefei JAC-NIO Manufacturing Plant Completes Staged Production Line Transformation
Chinese auto manufacturer JAC announced Friday that it has completed the phased production line transformation of its manufacturing facility in Hefei.
10/15/20213 min read
Kingsoft Cloud Applies for Dual Primary Hong Kong Listing
Kingsoft Cloud formally submitted an application on July 27 for a dual primary listing to the Hong Kong Stock Exchange (HKEx). The company expects to be dual-listed on the Nasdaq and the HKEx upon the completion of the listing.
7/28/20223 min read
Snow Lake Capital, After Helping Expose Luckin Coffee’s Fraud, Now Praises Its Rebirth
On November 7, Sean Ma, the founder of Snow Lake Capital, a hedge fund that reportedly produced a damning 2020 short report on Luckin Coffee, released another research report claiming that "the rebirth of Luckin Coffee is a miracle in Chinese business history!"
11/8/20223 min read
The Richest Man in China Now Is No Longer Jack Ma
Just recently, Pony Ma surpassed Jack Ma as being China's richest man! According to Forbes recently updated real-time rankings statistics, Pony Ma's personal n...
ByteDance-Backed Feishu Confirms Head of Business Expansion in Japan
Last year, Qi Junyuan, the founder of collaboration and project management tool Teambition, joined ByteDance's office software platform Feishu and now has begun to take charge of the Japanese market for the company.
3/8/20233 min read