Foxconn gets new orders from Huawei, expects to add 50,000 new workers

Foxconn plant in Shenzhen. (Image credit: Steve Jurvetson) Taiwanese electronics contract manufacturer, Foxconn, has…


NetEase's cross-border e-commerce site Kaola reportedly discussing merger with Amazon

NetEase’s cross-border e-commerce site Kaola and US e-commerce giant Amazon reportedly have been in talks over a…


China's service robot market size jumps 44% to $1.8 billion

China’s service robots market hit $1.84 billion according to an article published today on the 21st Century Business…


Huawei Annual Report

Briefing: Report details Huawei's alleged tactics to steal trade secrets from Apple

How Huawei Targets Apple Trade Secrets – The Information What happened: A new report from The Information reveal detail…


Briefing: Authorities freeze RMB 10 billion worth of P2P assets across 380 lending platforms

China Freezes $1.5 Billion of P2P Assets in Intensified Probe - Bloomberg What happened: Chinese police have frozen RMB…


Briefing: JD Finance apologizes for app's privacy breach

App自动保存用户图片 京东金融道歉功能存在技术问题 - Sina Tech What happened: JD Finance's customer service issued an apology over the weekend…


Ant Financial's global expansion plan bounces back with WorldFirst buyout

(Image credit: Monito) Alibaba affiliate and Alipay parent Ant Financial's acquisition of London-based payments and…


Briefing: Ant Financial acquires UK payments company Worldfirst

Ant Financial Agrees to Buy U.K. Payments Firm WorldFirst - Bloomberg  What happened: Alibaba affiliate Ant Financial…


Briefing: Former Taobao exec named CEO of Lazada Malaysia

阿里投资的 Lazada 任命了新 CEO,原淘宝全球购总监周南上任 - Sohu What happened: Alibaba-backed e-commerce platform Lazada has named former…


Briefing: Alipay to reach 7,000 Walgreens stores in the US by April

Walgreens adding Alipay to 7,000 stores - Alizila What happened: Alibaba-backed mobile payment tool Alipay is expected…