“Singles’ Day”, now officially the world’s biggest shopping carnival, may no longer be a strange concept to many. Have a look at Alibaba’s jaw-droppingnumbersreported this year: 10-billion-yuan gross merchandise volume (approximately $1.5 bn) . And it all happened within 6 minutes 58 seconds into the midnight of November 11th. In case you didn’t know, Singles’ … More [MARKETING] Online shopping that went wrong on Singles Day
China’s cybersecurity law was formally passed by the National People’s Congress Standing Committee on Monday and will put into effect in June next year. The law is aimed to tighten restrictions and centralise the state’s control over the cyberspace, including the cyber operations of foreign business in China, which immediately triggered concerns and criticisms from … More [SOCIETY] What does China’s legislation on cybersecurity really mean?
The latest “Fintech 100” rankings published by Fintech venture capital firm H2 Ventures and accountancy giant KPMG announced that China now tops the global rankings, with five of the top 10 fintech innovators from the country. In the first quarter of this year, fintech companies in China attracted $2.4 billion from venture capital firms in … More 5 Chinese fintech leaders you need to know