So, what’s up in China? 🇨🇳 Issue 53, covering 23 – 29 November.

  1. Kuaishou acquires payment license amid booming e-commerce and livestreaming (KrASIA)
  2. China blocks unverified teen users from spending on livestreaming apps (KrASIA)
  3. Suzhou will launch the second lottery to distribute the digital RMB on 12th Dec and trial previously untested features (TechNode)
  4. ByteDance launches advertising search bar across its Chinese apps (DAO Insights)
  5. The Chinese government is likely considering asking its citizens to delay their retirements (inkstone)
  6. India bans another 43 Chinese apps, including AliExpress (pandaily)
  7. JD Health looks to raise up to US$3.5 billion in Hong Kong IPO (Tech in Asia)
  8. Ant Group cleared to sell US$3 billion of asset-backed securities (Nikkei Asia)

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