Thursday, 21st, 2019 | 8:34AM Updated

Image shows Lakala's core business processes.
China's Third Largest Online Payment Provider Files for IPO in Shenzhen

Lakala Payment Co. Ltd., one of the country’s earliest online payment providers, filed a prospectus for an initial public offering (IPO) on the Shenzhen stock market. Its move could make the company the first among its peers to list in China.

An attendee uses a mobile device as she passes the China Mobile stand on the second day of the 2017 Mobile World Congress (MWC) in Barcelona, Spain.
Service Operators of China Mobile Eliminate Long-Distance, Domestic Roaming Call Charges

The service operators of China Mobile will eliminate long-distance and domestic roaming call charges as data services become their major source of revenue.

Alibaba founder Jack Ma is being sued for allegedly allowing the sale of a counterfeit fire-extinguishing ball.
Alibaba Founder Jack Ma Urges China to Get Tough on Online Counterfeit Sellers

Alibaba founder and chairman Jack Ma has for the first time called directly for the Chinese government to intensify its fight against counterfeiting, blaming paltry penalties and lax laws for the scourge of fake goods.

Intel office premises seen with logo
ARM vs Intel vs AMD: Softbank Group’s ARM to crush Intel’s dominance; New AMD Ryzen affected by Windows 10 bug

The American multinational corporation Intel may currently be rejoicing, but the company’s dominance may soon crumble as its leading customer Microsoft is now looking to use a chip from a different microprocessor manufacturer.

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China's new manned spaceship is planned to have a higher capacity compared to other countries’ manned spaceships, as part of the Chinese space program’s goal to match other space powers.
Chinese Space Program Ramps Up Space Exploration Efforts Through New Manned Spaceship

China continues to raise its stakes on space exploration through the development of a manned spaceship meant to facilitate moon landing and conduct low orbit around Earth. The move stands as an important step for the Chinese space program’s development for the next decade.

An artist render of the iPhone 8 as it sports a bezel-less design.
Apple iPhone 8 specs: Device will no longer have curved display design, long range wireless charging, larger RAM, longer battery life, more!

Contrary to popular belief and expectation, Apple may not have a total revolutionary smartphone design with its upcoming iPhone 8.

In the “Made in China 2025” program, the Chinese government will give out large, low-interest loans and research subsidies.
Western Businesses Worry China’s High-Tech Industries Will Take Over

China is ready to start the next stage of its economic development. A $300 billion plan is expected to overhaul several of China’s important industries to make the country mostly self-sufficient by 2025.

Sabrina Ellis, Director of Product Management at Google Inc., speaks during an event to introduce the Google Pixel phone and other Google products on October 4, 2016 in San Francisco, California.
Google launches March Android security patches for Pixel, Nexus devices with OTAs, factory images

Google updated its security bulletin for March, which is composed of security patches for recently discovered vulnerabilities and factory OTA images for selected Nexus and Pixel models.

The USTR noted that Taobao continues to be the subject of an “unacceptably high” number of reports on counterfeiting.
Counterfeits on Alibaba: E-Commerce Giant Holds Key to Upholding Chinese Anti-Counterfeiting Laws

China continues to wage war against counterfeiters, whose handiwork have reached the realm of e-commerce. Taobao, one of Chinese e-commerce giant Alibaba’s online retailing platforms, has been cited as among the most-visited websites where fake products have been found to spread.’s growing fortunes is a testament to its increasing competitiveness against Alibaba, which is still making waves as it plots its rise in markets outside China.’s Revenue Increase Signals Stiff Competition with Alibaba

Alibaba is currently the undisputed king of retail in China, but its closest competitor is treading towards an upward trajectory, what with its revenue increase prompted by its expansive logistics network comprising around 250 warehouses throughout the country.

Alibaba's APASS Club serves as the e-commerce firm's
Lazada vs Amazon: Tussle Between E-Commerce Giants Inevitable in Alibaba’s Expansion in Southeast Asia

With Amazon’s forthcoming plans to open its Southeast Asian operations, Alibaba-controlled e-commerce company Lazada is setting its sights on further regional expansion, as it banks on its status as the leading online shopping website in Southeast Asia.

Virtual Gifting on WeChat
Virtual Gifting Market Trend: China's Tech, Financial Firms Keen to Boost Virtual Gold Trade

An emerging trend in virtual gifting market is attracting China’s tech firms and financial institutions into using gold as a potential commodity for virtual trade and business.

Lei Jun, Chairman and Chief Executive Officer of Xiaomi Inc., introduces Xiaomi VR glasses and new smartphones during a launch event at Peking University Gymnasium.
Xiaomi Mi 6 specs rumor, release date: Device to sport Snapdragon 835 SoC, set for April 16 launch

Although Xiaomi skipped the Mobile World Congress this year, news on its upcoming flagship phones still surfaced online, which reveals the future release date for its Mi 6 handset and its high-end mobile chipset.

Chairman of Tencent Holdings Proposes Construction of China's 'Bay Area' Equivalent

Ma Huateng, the chairman of Tencent Holdings Ltd, proposed to build the "Bay Area" equivalent in China. It will be a tech zone in southern China that include the financial center of Hong Kong and the gambling city of Macau.

A billboard showing Apple phones is seen at an Apple Store in Beijing, China.
Apple Accused of Pulling Ads from Australian-Chinese Media Companies; China Attempting to Increase Control of Media in Australia?

Apple has been accused of pulling ads from Australian-Chinese media companies that are not friendly toward Beijing. This came after the company removed U.S. news apps from its app store in China in December last year at the request of the Chinese government.

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