Tag: Ant Group
China continues to test digital yuan nhân
China is a promising player in the global race for central bank digital currencies (CBDCs) and has conducted trials in several major cities such...
CEO publishes poetry in Tang Dynasty, Chinese corporation stock price plunges
Share price of Meituan - China's largest food delivery company - plunged 7.1% to a 7-month low after CEO Wang Xing posted an ancient...
Disparaged by customers, CEO Pinduoduo and Meituan lost nearly 7 billion...
Meituan's stock price plummeted after CEO Wang Xing posted a Tang poem that was meant to criticize the Chinese government... Huang Zheng,...
From an ancient poem to the fear of Chinese tech CEOs
A thousand-year-old poem has cost the giant Meituan tens of billions of dollars in market capitalization. Meituan is China's largest food delivery...
The Chinese are indifferent to the digital yuan
The trial of digital yuan in Shanghai did not produce the expected results of the Chinese authorities when the majority of users showed indifference. ...
With technology firms, China will control huge data sources
As Chinese authorities tighten control of giant tech giants, the question arises as to how Beijing will collect user data from the 'Big Tech'...
When billionaire Jack Ma spent time painting and practicing tai chi
Internet companies are the major growth engine of the Chinese economy. But they will fall under the Beijing government's sights when their influence goes...
With a new blow, China wants to block Jack Ma’s ‘audience’
The Central Bank of China (PBoC) wants to control Ant Group's huge inventory of consumer loans. The move is considered a new blow by...
Tesla wants to avoid the Chinese regime’s blow
Beijing's government is tightening control over major technology companies on data collection. And Elon Musk's electric car company doesn't want to be involved. According...
