China News

Ashley's weekly digest 86
1. Alibaba and Tencent are considering moves to gradually open up their services to one another. 😱👍💪 Initial steps from Alibaba could include introducing Tencent’s WeChat Pay to Alibaba’s e-commerce marketplaces, Taobao and Tmall. (The Wall Street Journal) 2. Xiaomi surpasses Apple t...
Weekly News Digest 85
1. China’s top market regulator bans merger of Tencent’s video game streamers Huya and DouYu. (Pan Daily) 2. Tencent launches facial recognition function to regulate minors’ time spent gaming. (Kr Asia) 3. ByteDance announced last Friday that it will cancel weekend work days. 🤔✌️...
1. Kuaishou will cut its Sunday workdays amid 996 backlash. ✊ (Technode) 2. Chinese authorities have rolled out fresh measures to cut fees on transactions and payment services.The fee reduction measures are expected to reduce the annual fee expenditure for market players and the public by about...
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