China

To be featured on top livestreams, merchants must pay hefty fees to multi-channel networks.

Decentralization meets traditional finance.

Called Party Island, the app is invite-only for now.

The Chinese government stated in 2021 that the brutal “996” work arrangement is illegal.

Tracking climate tech investments in Southeast Asia.

Major enterprises and financial institutions are putting cryptocurrency on their balance sheets, legitimizing virtual assets.

The last major mutual aid platform in China is going offline.

Aside from an overhaul in license review processes, the platforms will also need to improve their drivers’ compensation and welfare.