Song Jingli

The fresh cash will be used to expand the company’s virtual banking service and financial technologies.

Head-on competition from a deep-pocketed rival could be a headache for the still loss-making startup.

Alibaba’s platforms Koubei, Ele.me, and Juhuasuan will be soon interconnected.

Company representatives were accused of treating medical facilities like marketplaces and conducting sign-ups without strict verification.

The United States Federal Communications Commission has classified Huawei as a security threat, barring US telcos from using government funds to buy Huawei’s equipment.

Even with a strong backer, China’s first digital bank needs to stand more firmly on its own feet.

The former employee was kept in jail for 251 days and later released due to a lack of evidence.

When hospitals are treated like marketplaces, is kindness abused?