WeChat

Third-party services left users susceptible to fraudulent activity.

Binance’s new approach of peer-to-peer trading has been shunned by Chinese mobile payment giants.

Real Ruwo is now available to only a small group of people.

The move aims to pressure defaulters but doubts are being raised over privacy violation.

An estimated 390 million yuan was lost to internet fraud in China last year, a five-year high

The tool could bring extra revenues to the Chinese internet giant.

Both WeChat and Weibo have put initiatives in place to help social media users limit the time they are visible online.

Services corral smartphone generation but critics warn of risks to innovation.