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KUALA LUMPUR: Hong Leong Bank Bhd (HLB) has launched a ‘Cashless Lagi Senang’ campaign to support vendors and traders’ cashless and contactless payment transformation for the benefit of their customers.
Social commerce taking larger share of China’s online retail sales as coronavirus pandemic accelerates ‘shoppertainment’
Retail social commerce sales in China will reach US$242.41bil this year and the number of social buyers is expected to be 357 million, according to eMarketer. During a livestream on Thursday Ding Lei, founder and CEO of Chinese gaming giant NetEase, generated 72mil yuan (US$10.2mil) in sales of lifestyle products.
BEIJING/SHANGHAI: American Express Co received approval to start bank card clearing services in China, making it the first foreign payments network to be allowed to process local currency transactions in one of the world’s largest markets.
BEIJING (Reuters) - From outbreak to lockdown and reopening, the Chinese city of Wuhan, where the novel coronavirus emerged late last year, has been through all stages of dealing with the health crisis.
A general partner at Andreessen Horowitz said that in 10 years money will be digital, the same way books and music are today – and that efforts such as Libra will be key to getting there.
A Chinese local government’s proposal for a post-coronavirus health app that ranks citizens based on their smoking, drinking, exercise and sleep habits has sparked fury online over privacy concerns.
SHANGHAI (Reuters) - China's health tracking QR codes, which have played a key part in the country's successful containment of the coronavirus, now look set to play a much broader role in daily life as local authorities dream up new uses for the technology.
Tech platforms celebrate Chinese Valentine’s Day with discount HPV vaccinations, fatter digital red packets
May 20 is a day of love spawned by the Internet – the numerals 520 first gained popularity as online slang for “I love you” in China. While traditional gestures of affection such as flowers are still popular, more quirky offerings are also being promoted as part of the occasion this year.
Billionaire Jack Ma’s Ant Financial Services Group saw a surge in Chinese banks seeking out its digital technology to keep business flowing after the coronavirus outbreak shuttered branches across the world’s most populous nation.
Tencent Holdings Ltd’s revenue beat expectations after Covid-19 lockdowns propelled gaming sales to their fastest pace of growth since 2017, sending shares surging in Hong Kong.