WeChat Pay tests new membership feature for merchants

WeChat Pay's new "Friend Membership" feature. (Image credit: Xiaochengxu……


JD.com to sell luxury goods platform Toplife to Farfetch

(Image credit: Toplife) Chinese e-commerce giant JD.com announced on Thursday…


Online auto seller Chehaoduo secures $1 billion from Softbank Vision Fund

(Image credit: Chehaoduo) Chehaoduo Group, parent company of Chinese online…


Briefing: Luckin rival Coffee Box closes up to 40% of stores

连咖啡关店过冬、瑞幸持续亏损,连锁咖啡行业怎么了?- 36Kr What happened: Coffee Box, a local rival to…


Briefing: Xiaomi seeks growth in Europe, to triple stores in 2019

Xiaomi to triple European store count as Chinese smartphone makers double down…


Briefing: News app unicorn Yidian Zixun's Shanghai IPO may be underway

Toutiao Rival Yidian Zixun Closes USD500 Million Funding, Is Said to Plan China…


Briefing: Mastercard teams up with online clearing house to retry China entry

Mastercard Renews Effort to Enter Chinese Market – WSJ (paywall) What happened:…


Short video app Kuaishou makes foray into game livestreaming

A screenshot of Kuaishou's game live-streaming app Dianmiao (Image credit: Tony…


Briefing: Tencent invests in Douban FM to shore up its music streaming business

豆瓣FM获腾讯音乐战略投资 将重大改版上线 — Sina Tech What happened: China’s music streaming…


Chinese second-hand car platform Renrenche denies bankruptcy rumors

(Image credit: Renrenche) Chinese online second-hand car seller Renrenche…