NewsCHINA BRIEF | UK government to reduce Huawei’s participation in country’s 5G network development planThe move marks a retreat from Downing Street’s previous position. 1 min read
Hong Kong has seen a threefold jump in transaction volume passing through the Hong Kong Monetary Authority’s Faster Payment System. NewsThanks to mahjong and poker, HSBC’s e-wallet hits new milestone on pandemic-driven surge in online payments3 mins read
eCapitaMall will feature products from retailers most of which are operating in CapitaLand’s shopping malls. NewsCapitaLand to launch e-commerce, food delivery platforms on June 1 to drive sales2 mins read
The directive from the Supreme People’s Court comes amid the growing number of disputes over money spent by minors on these platforms. NewsChina’s highest court supports refund for kids’ excessive spending on games, livestreaming apps2 mins read
Pinduoduo benefitted from people’s reliance on e-commerce during the pandemic, while livestreaming holds promise for the future. NewsPinduoduo stock soars after strong Q1 amid growing reliance on e-commerce2 mins read
While Alibaba withstood China’s macroeconomic slowdown in early 2020, a wave of digitization spurred growth in e-commerce livestreaming, cloud services, and enterprise software. NewsAlibaba beats Q1 expectations as digital economy grows2 mins read
The proposed monitoring system would rely on AI, 5G, and big data. NewsChinese scientist wants a new Skynet-like system just for tracking viruses2 mins read
Reliance Industries’ mad run to raise funds continues. Jio Platforms total funding crossed USD 10 billion. NewsReliance further dilutes Jio Platforms’ equity as KKR invests USD 1.5 billion3 mins read
The CEO of JD Retail inaugurated the event, with 1,000 homes on sale, as the first streamer, offering a 38.2% discount for a new Beijing apartment. NewsCHINA BRIEF | Chinese e-commerce firm sells houses via livestream1 min read
NewsDeals in brief: Grab to acquire Stash, Gobi Partners backs Valiance Health, Humain invests in xAI, and more