NewsChina prohibits proxy sale of bank deposit productsMajor platforms, such as Alipay and JD Finance, removed deposit products last month. 2 mins read
Pinduoduo planned to promote its new service Duoduo Pay and grocery group-buying platform Duoduo Maicai. NewsByteDance’s Douyin to replace Pinduoduo as red packet sponsor of CCTV gala2 mins read
Drivers who have completed the procedure will get a “vaccinated” label on the app. NewsKEY STAT | Didi is stepping up vaccinations of its drivers in Beijing1 min read
Chinese-owned B2C digital brokerage Webull’s proactive government relations, combined with a low-key marketing strategy, has allowed the company to gain traction in the US. InsightsThe bull chasing the bandit: Webull takes on Robinhood4 mins read
Chinese entertainment firms are betting on the booming trend, but will virtual shows remain a thing after the pandemic? InsightsVirtual concerts to break through to the mainstream, or just a passing fad?6 mins read
ByteDance is laying the building blocks for its fintech segment, says analyst. NewsByteDance steps up fintech ambitions with new supply chain financing firm1 min read
Several high-profile ByteDance products flopped or failed to gain steam. NewsByteDance to shut down Q&A app Wukong Wenda2 mins read
Xiaomi is the world’s third largest smartphone vendor. NewsXiaomi stock dives after blacklisting by US2 mins read
DingTalk has already been the most-used app of its kind before the pandemic. NewsKEY STAT | Alibaba’s workplace messaging app reaches 400 million users1 min read
