The Covid-19 pandemic is exacerbating the technology gap for seniors, including requiring digital health codes to enter public spaces.
Posted inHeavy Hitters
Tesla rivals rev up growth in China’s EV sector
NIO and its peers are prying open a window of opportunity to beat Tesla. But time is limited, and every company is sprinting to catch up.
Posted inHeavy Hitters
PayPal now the sole owner of a payments firm in China
PayPal is the first foreign firm to fully own a licensed payment operator in China, as regulators seek to liberalize the finance sector.
Posted inThe Numbers
Why analysts don’t trust GMV, and why they use it anyway
Every penny a customer commits to pay on a platform is counted as part of GMV, whether or not they pay, or later get the money refunded.
Posted inBranded Content
Asian Financial Forum to convene world’s leading voices Jan 18 – 19
This forum will gather more than 160 global political leaders, financial and investment experts, and economists from all over the world to discuss economic trends and post-pandemic recovery plan.
Posted inTurf Wars
Xiaomi shares plunge after US investment ban
US investors will be prohibited from buying Xiaomi shares and will have to divest their holdings by November, according to the executive order.
Posted inUp and Comers
EXCLUSIVE: Binance, Poly Network to launch cross-chain interoperability
The Binance Smart Chain and Poly Network partnership will allow dapps built on the two networks to transact tokens and exchange information.
Posted inOn the Cusp
Home rental giant Ziroom is jilting landlords
Landlords told TechNode that house rental platform Ziroom has been demanding cuts in its rent, and walking away from leases if they refuse.
Posted inHeavy Hitters
Mining rigmaker MicroBT is planning a US IPO: report
MicroBT, one of China’s top cryptocurrency mining equipment manufacturers, plans another round of fundraising prior to the IPO.
Posted inHeavy Hitters
Ele.me faces backlash, Luckin coup: Retailheads
Ele.me is criticized for its treatment of the family of a deliveryman who died on the job. The US may ban American investors from Alibaba and Tencent.