Mobile payments such as Apple Pay and Samsung Pay are hot, but many consumers still prefer cash (TechRepublic)Ī recent poll revealed that serious cybersecurity concerns are at the root of consumers' confidence in mobile-only payments. The branch was founded in 2019 to help bring. JD’s layoffs are occurring in Jingxi Pinpin, the community group-buying arm of the Chinese ecommerce group. Western tech companies have established themselves in the consciousness of the Chinese public. In yet another sign of the fallout from China’s sweeping regulatory crackdowns, JD.com is reportedly cutting 10-15 of its staff (roughly 4,000 employees) in its community-buying division. JD.com claimed that 42 of new users that day came from Jingxi, and 74 of Jingxi’s news users were from less-developed areas in China. A total of nearly 60 million items were sold the whole day. Western tech brands are recognized in China, but their products are rarely used Within one hour since its access point went up on WeChat on October 31, Jingxi booked around one million orders. The record number came after the Chinese technology giant announced last month that daily active users of its popular WeChat service exceeded 1 billion. 90 of Chinese users utilize WeChat and 53 use Weibo to post content at least once a month. Over 800 million WeChat users sent digital monetary gifts during Lunar New Year China is the country with the highest rate of public content among those investigated markets. Previously available only to consumers with a Chinese bank account and local mobile number, Alibaba's e-wallet now can be used by short-term visitors to mainland China over a period of 90 days.Ĭhina has 'no timetable' for digital currency launch: People's Bank of China governorĮarlier remarks from a Chinese central bank official had indicated that China was ready to launch its own digital currency. Alipay open to foreign visitors for first time
0 Comments
Leave a Reply. |