china

China, officially the People's Republic of China, is a country in East Asia and the world's most populous country, with a population of around 1.404 billion in 2017. Covering approximately 9,600,000 square kilometers, it is the third or fourth largest country by total area.
This Week in Web3: Crypto Payment Rails and Regulatory Clarity
This Week in Web3: Crypto Payment Rails and Regulatory Clarity
May 15, 2024  |  Cryptocurrency

As Nathaniel Hawthorne wrote in the1800s, “families are always rising and falling in America.” And the same holds true for the cryptocurrency and Web3 space...

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Alibaba: Trust Is Make-or-Break for eCommerce Shoppers in China
Alibaba: Trust Is Make-or-Break for eCommerce Shoppers in China
May 14, 2024  |  Earnings

Amid Alibaba’s declining profits, the eCommerce giant is seeing its online shoppers’ spending habits depend heavily on how trustworthy they feel the platform is. On...

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Ant Group Earnings Fall 19% Amid Digital Wallet Efforts
Ant Group Earnings Fall 19% Amid Digital Wallet Efforts
May 14, 2024  |  Earnings

Ant Group’s profits have dropped 19% as the Chinese FinTech expands its digital wallet offering. A report Tuesday (May 14) by Bloomberg News breaks down the...

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Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO
Shein Reportedly Rebuffed by National Retail Federation Ahead of IPO
May 13, 2024  |  Retail

Shein reportedly has some work to do if it wants to court the U.S. retail industry. The fast fashion giant filed for an initial public offering...

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Chinese Users Report WhatsApp Working Despite Country’s Ban
Chinese Users Report WhatsApp Working Despite Country’s Ban
May 09, 2024  |  International

WhatsApp is reportedly working in China despite a years-long ban on this and other foreign messaging and social media platforms. Users of the Meta-owned messaging platform in the...

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iPhone Sales in China Jump 12% Following Markdowns
iPhone Sales in China Jump 12% Following Markdowns
May 08, 2024  |  Apple

Retailer discounts reportedly helped drive a roughly 12% increase in Chinese iPhone shipments in March. Shipments of foreign smartphones — most of which would have been Apple’s flagship product —...

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Alipay+ Looks to Expand as eWallet Use Grows
Alipay+ Looks to Expand as eWallet Use Grows
May 06, 2024  |  Mobile Wallets

China’s Ant Group is reportedly looking to expand use of its payments product Alipay+. “What we found is that people want to use their home e-wallets when they travel...

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Marriott Sees Growth After China Lifts Travel Restrictions
Marriott Sees Growth After China Lifts Travel Restrictions
May 01, 2024  |  Earnings

Marriott International saw its revenue per available room (RevPAR) increase 4.2% year-over-year during the first quarter, driven largely by growth in international markets. The hotel chain saw its...

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TikTok Shop Marks 500,000+ Merchants in the US
TikTok Shop Marks 500,000+ Merchants in the US
April 30, 2024  |  Social Commerce

TikTok saw its U.S. eCommerce merchant base more than double at the end of 2023. The social media platform says TikTok Shop had more than 500,000 merchants selling...

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