China’s export growth jumped to the highest in over two decades, official data showed, with imports also surging in a sharp bounceback from the Coronavirus outbreak that had brought activity to a near ... ( read original story ...)
JD’s Fintech Arm Likely to Withdraw China IPO, SCMP Says
JD Technology, the fintech unit of Chinese e-commerce giant JD.com Inc., is likely to withdraw its application for an initial public offering on Shanghai’s technology-heavy Star Market, the South ... ( read original story ...)
Dada Announces Unaudited Fourth Quarter and Fiscal Year 2020 Financial Results
Dada Group (NASDAQ: DADA, “Dada” or the “Company”), China’s leading local on-demand delivery and retail platform, today announced its unaudited financial results for the fourth quarter and fiscal year ... ( read original story ...)
Here’s a glimpse at Tesla’s Model Y production line at Shanghai Gigafactory
Tesla gave the Shanghai Media Group an inside look at its Model Y production line at its Shanghai Gigafactory. The production line uses automation and advanced technology, including data-driven ... ( read original story ...)
Wireless Lobby Says It Will Hold Event for 50,000 People in June
The global wireless industry is planning to allow tens of thousands of international visitors to congregate for its flagship event in Barcelona in June, more than a year after it was axed due to the ... ( read original story ...)
Shanghai trials digital currency payment in malls
Some Shanghai shopping malls and vending machines in subway stations are allowing customers to purchase products using digital yuan. In a shopping mall in downtown Shanghai, consumers can pay via a ... ( read original story ...)
Bitcoin’s Stimulus-Led Rise Fades as Stocks Drop, Dollar Gains
Bitcoin has erased Sunday’s gains as stock markets struggle to cheer progress on U.S. fiscal stimulus efforts. The cryptocurrency is changing hands just over $50,150 at press time, representing a 1.55 ... ( read original story ...)