ecommerce


JD.com to accept digital yuan in Chinese e-commerce first 

JD.com to accept digital yuan in Chinese e-commerce first 

(ATF) Chinese e-commerce company JD.com Inc said it would become the country's first online shopping platform to accept the People's Bank of China's digital currency.Electronics retailer Five Star Electric, JD Home, and JD Convenience Store - all units of JD.com - would support payments through the digital yuan, the online …

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China's Alibaba, JD.com and Tencent could face break-up

China's Alibaba, JD.com and Tencent could face break-up 

(ATF) More insight has been given into the thinking of Chinese regulators behind the suspension of the huge IPO planned by Ant Finance early in November. Indeed, a commentary printed in the Communist Party’s top mouthpiece, the Peoples’ Daily, today (Nov 23) proposed breaking up big multi-faceted platforms like Alibaba, …

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China pushes 'inclusive finance' and insurance to reduce poverty

China pushes 'inclusive finance' and insurance to reduce poverty

(ATF) In a major move as China ploughs into its next development stage, top officials are pushing finance and insurance resources toward rural areas, partly so China’s rural population doesn’t get left behind in the race to the future.Chen Yuanhao, head of the Poverty Alleviation and Coordination Division, which guides …

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