Briefing: Mobile payments overtake cash for China’s overseas travelers
More outbound Chinese tourists adopt mobile payment: Nielsen - Xinhuanet What happened: Mobile payments have overtaken…
Cross-border e-commerce platform NetEase Kaola extends offline presence
(Image credit: NetEase Kaola) Cross-border e-commerce platform NetEase Kaola plans to open 15 new brick-and-mortar…
Briefing: DJI places 45 employees under investigation for corruption
Drone company DJI loses $150 million to corruption - Venture Beat What happened: Chinese drone-maker DJI has published…
Alibaba doubles down on enterprise transformation with A100 program
Daniel Zhang, CEO of Alibaba Group. (Image credit: Alibaba) Alibaba recently launched an initiative that it says will…
Briefing: Chinese AI unicorn Megvii bets $300 million on smart logistics
AI Unicorn Wades Into Smart Logistics With 2 Billion Yuan ‘River Map’ - Caixin Global What happened: Chinese AI unicorn…
Briefing: ZhongAn ties up with Grab to tap Southeast Asian insurance market
ZhongAn and Grab clutch at SE Asia’s digital insurance market - Banking Tech What happened: Chinese online insurer…
Sale of WeChat accounts prompts concern over fraud
WeChat accounts are readily available for sale via several online channels, with black market accounts being used to…
Briefing: Alipay now supported in Beijing prisons
Alipay Brings Cashless Payments to Beijing Prisons - SixthTone What happened: Alibaba-backed mobile payment tool Alipay…
Meituan hires game developers, downplays foray into gamification
Image credit: Meituan Chinese O2O giant Meituan-Dianping has begun posting job listings for game developers, prompting…
Documentary featuring Ofo CEO Dai Wei flops at the box office
(Image credit: Baidu Image) A film documenting the experiences of Chinese tech founders including Ofo's Dai Wei and…