Alibaba

The bi-annual internet report published by the Chinese government provides insights of various internet sectors’ current developments.

The WeChat Pay team has won Tencent’s USD 28.5 million Founders Award.

Alibaba and its financial arm Ant Financial typically restructure on an annual basis as the companies adjust their strategies.

The new version of the app went live on Wednesday.

Online retail sales in China are expected to hit USD 1.5 trillion by the end of 2019.

While first-tier tech giants are retreating, Xiaomi and Meituan Dianping are testing the waters in the new energy vehicle sector via investments.

Chinese video streaming platforms are trying different ways to pave the way to profitability.

The fresh cash will be used to expand the company’s virtual banking service and financial technologies.