Kuaishou is under tremendous pressure ahead of an IPO as it struggles to compete with rivals such as Douyin and Bilibili in the online entertainment sector. ( read original story …)
Tagged By blockchain
From the US to China, Korea, India and Europe, antitrust action against tech is gaining serious momentum
After decades of global expansion and consolidation in the tech sector, antitrust is now a headline issue for the industry across the world. What has been a slow and sputtering series of disparate … (…
Dada Group Included on Hurun’s Top 500 Private Enterprises in China List
China’s leading local on-demand delivery and retail platform, is pleased to announce the Company’s inclusion on Hurun Research Institute’s “China’s Top 500 Private Enterprises in 2020” list, based on … ( read original story …)
Analyst Argues That China’s Regulation of Ant Group Is Bad for Financial Technology — and China’s Economy
Alibaba recently saw more than $100 billion of its market cap shaved off in two sessions as the tech giant and its affiliate Ant Group face regulatory scrutiny. ( read original story …)
The Three Big Mistakes China Made in 2020
Even if you resent China for being the epicenter of Covid-19, you’ve got to admire Beijing’s leadership skills. Less than a year after the pandemic erupted, life is back to normal, while Europe and ……
Why China turns a blind eye to VIE tech firms and their foreign investors
As long as variable interest entities continue to raise foreign capital to boost China’s economy, without threatening it or Beijing, there is no danger of a regulatory crackdown. ( read original story …)
Forget “Tesla of China” NIO, Buy These 3 Chinese EV Stocks Instead
Currently, China is the world’s biggest EV market. But carbon-free transportation still accounts for just around 5% of the country’s total auto sales. The country plans to expand its EV market further … ( read…
China’s Top Tech IPOs Of 2020
Despite COVID-19 turmoil, many Chinese tech companies applied for IPOs this year as the demand for technology-enabled solutions rose among luxury consumers. ( read original story …)
China Seeking to Reduce Empire of Alibaba’s Jack Ma
Chinese officials and government advisers are seeking to pare down Jack Ma’s tech and financial empire, a media report says. ( read original story …)
HOW BLOCKCHAIN WILL TRANSFORM SUPPLY CHAIN SUSTAINABILITY:
Blockchain is a term that people, from finance to food safety to supply chain operations, are encountering. A recent World Economic Forum report states that around 10 percent of GDP by 2025 will be … ( read original…
Apple supplier Lens Technology accused of using forced labor in China
Apple supplier Lens Technology has joined a growing list of companies that have been accused of using forced labor in its manufacturing facilities. ( read original story …)
China’s First National Standard for Express Delivery Service by Unmanned Aircraft Jointly …
The Specification for Express Delivery Service by Unmanned Aircraft (the “Standard”) issued by the State Post Bureau of PRC will be effective from January 1st, 2021. The Standard was jointly … ( read original story…
16 Ethereum Predictions From a Crypto Oracle
China will go live with its Digital Currency Electronic Payment … Kids will trade NFTs of European Football League stars in the same way kids used to trade baseball cards. 15. Crypto VC will explode…
