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Tencent’s PUBG Mobile, the top-grossing mobile game in India, escaped a recent ban of 59 Chinese apps in China. But even a further ban looming on the horizon is unlikely to be a major threat to most Chinese gaming companies, experts say.
Chinese AR startup Rokid eyes industrial applications after success with temperature-reading smart glasses
Shipments of Rokid Glass 1 soared between April and June, giving the company one of its biggest commercial successes since its foundation in 2014. In China, the AR and VR market is forecast to grow 66% year on year to US$4.09bil in 2020, according to IDC.
China’s top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, prompted by the central bank which argues the digital payment giants have used their dominant positions to quash competition, sources with knowledge of the matter said.
Ant Group, the digital financial services arm of Alibaba, had a US$150bil valuation to top the rankings of this year’s Hurun Global Unicorn Index. The total value of all known unicorns in the world is US$1.9tril, equivalent to the GDP of Italy.
DIRT cheap, automated on apps and championed by newbie traders who brandish their broker balances on Twitter, the stuck-at-home trading phenomenon, born in the USA, has become a global craze.
FRIDAY's attack by President Donald Trump on WeChat may have pushed many investors to offload Asia’s technology shares. But for some, the selloff has presented a good buying opportunity. Jian Shi Cortes