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Hacker Offers to Sell Data of 48.5 Million Users of Shanghai's COVID App
A hacker, with the username as "XJP", claims to have obtained the personal information of 48.5 million users of a COVID health mobile app run by the city of Shanghai. This is the second claim of a breach of the Chinese financial hub's data in just over a month. The hacker posted an offer to sell the data for $4,000 on the hacker forum Breach Forums...
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Paytm Payments Bank Says RBI Curbs to be Lifted in 3 to 5 Months
Paytm payments bank, which facilitates transactions on mobile commerce platform Paytm, says the central bank will allow it to resume taking on new customers in the next few months.
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Tencent Posts Slowest-Ever Sale Rise in Q4, Regulation Impact Set to Ease
Tencent revenue grew just 8 percent in the fourth quarter, the slowest pace since it went public in 2004, reflecting regulatory scrutiny that has hurt both its gaming business and advertising sales.
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China Blocks Didi Chuxing App After Its US IPO
Didi's debut in the US stock market was also the largest one by a Chinese company after Alibaba, debuting with a market cap of $67 billion.
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Paytm Seeks Shareholder Approval for Rs. 12,000-Crore Sale of New Stock in What Could Be India’s Largest IPO
Paytm is seeking shareholder approval to sell up to Rs. 12,000 crores in new stock in what could be the country's biggest-ever initial public offering at a total of $3 billion (roughly Rs. 22,170 crores).
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Alibaba's UC Browser Removed From Chinese Android App Stores Following Unqualified Medical Advertisements
Chinese app stores have removed Alibaba's UC Browser for mobiles, after it was criticised on Chinese state television's annual consumer rights show for including medical advertisements by unqualified companies.
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China App Ban: Chinese Foreign Ministry Criticises India’s Move to Ban More Apps
A Chinese Foreign Ministry said that India’s move to ban Chinese apps violates market principles and World Trade Organisation rules, and severely undermines the legitimate rights and interests of Chinese companies.
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Alibaba Looking to Invest in Online Fashion Retailer Farfetch: Report
Alibaba is in advanced talks to invest nearly $300 million (roughly Rs. 2,200 crores) in online luxury fashion retailer Farfetch, according to a report citing people familiar with the matter.
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China's Commerce Ministry Strongly Condemns India Ban on Chinese Mobile Apps
China's commerce ministry said on Thursday it strongly opposed India banning Chinese mobile apps. Indian actions violate the legal interests of Chinese investors and services providers and China asks India to correct its mistakes, commerce ministry spokesman Gao Feng told a briefing.
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Government Said to Widen Chinese App Ban to Include More From Xiaomi, Baidu
India has banned some mobile apps of Chinese companies such as Xiaomi Corp and Baidu, three sources told Reuters on Wednesday, in New Delhi's latest move to hit Chinese companies following a border clash between the neighbours.
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Hacker Offers to Sell Data of 48.5 Million Users of Shanghai's COVID App
A hacker, with the username as "XJP", claims to have obtained the personal information of 48.5 million users of a COVID health mobile app run by the city of Shanghai. This is the second claim of a breach of the Chinese financial hub's data in just over a month. The hacker posted an offer to sell the data for $4,000 on the hacker forum Breach Forums...
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Paytm Payments Bank Says RBI Curbs to be Lifted in 3 to 5 Months
Paytm payments bank, which facilitates transactions on mobile commerce platform Paytm, says the central bank will allow it to resume taking on new customers in the next few months.
-
Tencent Posts Slowest-Ever Sale Rise in Q4, Regulation Impact Set to Ease
Tencent revenue grew just 8 percent in the fourth quarter, the slowest pace since it went public in 2004, reflecting regulatory scrutiny that has hurt both its gaming business and advertising sales.
-
China Blocks Didi Chuxing App After Its US IPO
Didi's debut in the US stock market was also the largest one by a Chinese company after Alibaba, debuting with a market cap of $67 billion.
-
Paytm Seeks Shareholder Approval for Rs. 12,000-Crore Sale of New Stock in What Could Be India’s Largest IPO
Paytm is seeking shareholder approval to sell up to Rs. 12,000 crores in new stock in what could be the country's biggest-ever initial public offering at a total of $3 billion (roughly Rs. 22,170 crores).
-
Alibaba's UC Browser Removed From Chinese Android App Stores Following Unqualified Medical Advertisements
Chinese app stores have removed Alibaba's UC Browser for mobiles, after it was criticised on Chinese state television's annual consumer rights show for including medical advertisements by unqualified companies.
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China App Ban: Chinese Foreign Ministry Criticises India’s Move to Ban More Apps
A Chinese Foreign Ministry said that India’s move to ban Chinese apps violates market principles and World Trade Organisation rules, and severely undermines the legitimate rights and interests of Chinese companies.
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Alibaba Looking to Invest in Online Fashion Retailer Farfetch: Report
Alibaba is in advanced talks to invest nearly $300 million (roughly Rs. 2,200 crores) in online luxury fashion retailer Farfetch, according to a report citing people familiar with the matter.
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China's Commerce Ministry Strongly Condemns India Ban on Chinese Mobile Apps
China's commerce ministry said on Thursday it strongly opposed India banning Chinese mobile apps. Indian actions violate the legal interests of Chinese investors and services providers and China asks India to correct its mistakes, commerce ministry spokesman Gao Feng told a briefing.
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Government Said to Widen Chinese App Ban to Include More From Xiaomi, Baidu
India has banned some mobile apps of Chinese companies such as Xiaomi Corp and Baidu, three sources told Reuters on Wednesday, in New Delhi's latest move to hit Chinese companies following a border clash between the neighbours.
