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BEIJING, March 5 (AFP): China's rubber-stamp parliament opened Friday with eliminating Hong Kong's political opposition on the agenda, a day after dozens of democracy campaigners in the city were jailed.
Technology giants Facebook Inc, Amazon.com Inc and Google and credit-card providers Visa Inc and Mastercard Inc are among those vying for unprecedented access to India’s burgeoning digital retail payments market.
As with the rise of any technology and its use for industrial development, there are bound to be misapplications and misuse, said Minister of Transport and Infocommunications Dato Seri Setia Awang Abdul Mutalib bin Pehin Orang Kaya Seri Setia Dato Paduka Haji Mohd Yusof.
Pony Ma overtakes Pinduoduo’s Colin Huang and Alibaba’s Jack Ma as the second-wealthiest person in China with a net worth of US$75bil. Tencent edged closer to joining the exclusive US$1 trillion club after Monday stock surge.
China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group Co and Tencent Holdings Ltd.
HANOI (Reuters): Vietnam's biggest e-wallet company, Momo has raised at least US$100 million from six global investors, including Warburg Pincus, as part of plans to become a "super-app" and go public by 2025, the company and a source said on Wednesday (Jan 13).
Apple Inc said consumers spent US$1.8bil (RM7.21bil) on the App Store during the last week of 2020, an increase from US$1.42bil (RM5.69bil) in the same period a year earlier with people relying on digital services more than ever to stay connected to work, school and family.
WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay mobile payment app, the White House said, escalating tensions with Beijing two weeks before President-elect Joe Biden takes office.
WASHINGTON (Reuters): US President Donald Trump on Tuesday (Jan 5) signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay, the White House said, escalating tensions with Beijing before President-elect Joe Biden takes office this month.
ATTEMPTING to regain the good graces of Chinese authorities, Jack Ma’s Ant Group is considering becoming a financial holding company that would be regulated like a bank.