NewsCHINA BRIEF | Luxury products see brisk sales on JD.com during COVID-19 pandemic65% of one brand’s products were sold after just four days. 1 min read
The deal comes as sales of first-hand automobiles in China dived 42% year-on-year in the first two months of this year. NewsCHINA BRIEF | B2B automotive e-commerce platform Maihaoche secures USD 20 million in new funding round1 min read
The initiative marks a major step forward to achieve mainstream adoption of blockchain technology across China’s industries. NewsChina enlists Huawei, Tencent, Ant Financial in national blockchain committee to set standards3 mins read
In all, USD 35.1 million will be administered for short- and long-time support schemes. NewsSolidarity Fund offers financial help for ASEAN fintech companies hit by COVID-192 mins read
The system helps to create digital products for multi-party collaborations. NewsCHINA BRIEF | Ant Financial launches blockchain platform for small firms and developers1 min read
Tie-up to start with OLED panels with ultrasonic fingerprint sensors. NewsPanel maker BOE teams with Qualcomm despite US-China rivalry1 min read
The firm has a track record of backing popular startups early on. NewsQuest Ventures raises USD 50 million for investments in Southeast and Central Asia2 mins read
Two state-owned companies are racing to catch up with SpaceX’s Starlink to provide internet from space. NewsWhy the coronavirus slowed China’s plan to take on Elon Musk’s internet satellites6 mins read
Airwallex said it’s on the lookout for potential acquisitions in the payments space. NewsFintech unicorn Airwallex nets USD 160 million to expand worldwide2 mins read