China is making it much easier for foreigners to use mobile pay
BEIJING — Foreign visitors to China can now spend up to $2,000 a year using the mobile app Alipay without…
British neobank Monzo raises $430 million in Alphabet-led round to relaunch in the U.S.
British digital bank Monzo on Tuesday raised $430 million in fresh capital from investors to help it relaunch its services…
China’s central bank encourages local businesses to accept foreign payment cards
BEIJING — China is encouraging banks and local businesses to accept foreign bank cards and is considering other steps to…
Alibaba was once a Wall Street darling. After plunging 75% over three years, what’s next?
BEIJING — It’s been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just…
AI boom fails to propel China’s cloud market growth
BEIJING — Excitement over artificial intelligence isn’t yet fueling a boom in cloud services spending in mainland China. “The Chinese…
China’s potential new gaming rules will hit smaller developers more, analyst says
BEIJING — China’s proposed gaming rules would hit smaller developers more than large ones, while also reducing overall online advertising…
China’s livestream shopping is booming, fueling new tech such as avatars and AI
BEIJING — Livestream shopping is taking off in China, driving development of new tech products such as virtual human streamers…
With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
From the U.S. to China, countries around the world are battling it out to lead on financial technology, a heavily…
