Fintech

PBOC Unit Launches China’s First Blockchain-as-a-Service Platform

PBOC Unit Launches China’s First Blockchain-as-a-Service Platform

A unit of China’s central bank has set up the country’s first blockchain service platform allowing users to prove their…

Mar 27, 2018
Dou Shicong
Ant Financial, Kweichow Moutai Pair Up to Develop Blockchain-Based Anti-Counterfeit Solution

Ant Financial, Kweichow Moutai Pair Up to Develop Blockchain-Based Anti-Counterfeit Solution

Ant Financial Services Group, affiliate of China’s internet behemoth Alibaba Group Holding Ltd., has entered into a partnership with premium…

Mar 26, 2018
Dou Shicong
Giant Network Sells Stake in Fallen Chinese Bitcoin Trading Giant to Its Actual Controller

Giant Network Sells Stake in Fallen Chinese Bitcoin Trading Giant to Its Actual Controller

Giant Interactive Group Inc. has sold all of its stake in OKC Holdings Corp., the operator of OKcoin, which was…

Mar 26, 2018
Liao Shumin
Blockchain Bubble May Burst in Two to Three Years, Ant Financial CEO Says

Blockchain Bubble May Burst in Two to Three Years, Ant Financial CEO Says

The head of Alibaba Group Holding Ltd.’s fintech affiliate Ant Financial Services Group has questioned the current hype surrounding the…

Mar 26, 2018
Dou Shicong
Fintech App Operator 51 Credit Card Applies for Hong Kong Listing

Fintech App Operator 51 Credit Card Applies for Hong Kong Listing

Chinese fintech unicorn 51 Credit Card Inc. has formally submitted its prospectus for listing on the Hong Kong Stock Exchange,…

Mar 23, 2018
Liao Shumin
Ant Financial Taps Into Indonesia’s Vast Smartphone Market With Digital Wallet

Ant Financial Taps Into Indonesia’s Vast Smartphone Market With Digital Wallet

Ant Financial Services Group, the financial affiliate of China’s biggest e-commerce firm Alibaba Group Holding Ltd., has released an…

Mar 23, 2018
Tang Shihua
Encrypted Assets May Pose Challenges, Ex-PBOC Governor Zhou Warns G20

Encrypted Assets May Pose Challenges, Ex-PBOC Governor Zhou Warns G20

Encrypted assets may trigger a slew of challenges and problems of illegal transactions, money laundering and terrorist financing and even…

Mar 21, 2018
Liao Shumin
JD Finance Pairs With Digital China Information Service to Launch Financial Technology Services

JD Finance Pairs With Digital China Information Service to Launch Financial Technology Services

JD Finance, financial affiliate of China’s e-commerce heavyweight JD.Com Inc., and Guangdong information technology service provider Digital China Information Service…

Mar 20, 2018
Dou Shicong
Keda Group to Establish Blockchain Unit for Internet Marketing

Keda Group to Establish Blockchain Unit for Internet Marketing

Chinese real estate and media firm Keda Group Co. will branch out into blockchain with the establishment of a CNY20…

Mar 20, 2018
Dou Shicong
Qihoo 360 Controlling Shareholder Pledges All Shares to China Merchants Bank

Qihoo 360 Controlling Shareholder Pledges All Shares to China Merchants Bank

The controlling shareholder in leading Chinese internet security Qihoo 360 Technology Co. has pledged all of its company shares to China Merchants Bank, representing a 48.74 percent stake.

Mar 16, 2018
Liao Shumin
Alipay Expands to Four More Southeast Asian Countries Including Philippines and Cambodia

Alipay Expands to Four More Southeast Asian Countries Including Philippines and Cambodia

Ant Financial Services Group, the financial affiliate of Jack Ma’s Alibaba Group Holding Ltd., has launched its third-party payment app…

Mar 16, 2018
Liao Shumin
Supermarket Chain Turns to O2O App to Side Step Checkouts as China Goes Cashless

Supermarket Chain Turns to O2O App to Side Step Checkouts as China Goes Cashless

Renrenle Commercial Group Co., a Guangdong-based chain supermarket operator, has signed a cooperation agreement with Dmall Life Network Technology Co.,…

Mar 15, 2018
Dou Shicong

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