Didi to subsidize trips for vaccinations with $10M global fund

As countries around the world prepare to vaccinate people against the coronavirus, tech companies are rushing…

China’s draft payments rules put Ant, Tencent on notice

A string of recent events in China’s payments industry suggests the duopoly comprising Ant Group and…

Alibaba shares jump on Jack Ma’s first appearance in 3 months

Alibaba’s billionaire founder resurfaced as he spoke to 100 rural teachers through a video, three months…

WeChat advances e-commerce goals with $250B in transactions

WeChat continues to advance its shopping ambitions as the social networking app turns 10 years old.…

Qualcomm-backed chipmaker Kneron nails Foxconn funding, deal

A startup based out of San Diego and Taipei is quietly nailing fundings and deals from…

TikTok’s Chinese version Douyin launches an e-wallet

Tencent’s WeChat Pay and Alibaba’s affiliate Alipay have long dominated digital payments in China, but they…

Signal and Telegram are also growing in China – for now

As fears over WhatsApp’s privacy policies send millions of users in the West to Signal and…

Trump Administration adds Xiaomi to military blacklist

Chinese smartphone maker Xiaomi is the latest to be added to the Trump Administration’s military blacklist.…

YC-backed Blabla raises $1.5M to teach English through short videos

Short, snappy, entertaining videos have become an increasingly common way for young people to receive information.…

Chinese ****** recognition unicorn Megvii prepares China IPO

Megvii, one of China’s largest ****** recognition startups, is gearing up for an initial public offering…