China now has more privately-held start-ups valued by investors at over 1 billion dollars than the US, a report said Monday. There were 206 Chinese firms out of a global total of 494 ultra-valuable start-ups -- known as "unicorns" -- in June 2019, according to the research firm Hurun Report. This makes China the country with the largest number...
Oct 21, 2019
Chinese e-commerce giant Alibaba has come under fire over its handling of user data in an episode that underscores growing concerns for privacy in the hyper-digitised country. Alibaba affiliate Ant Financial was forced to apologise on Wednesday after users said they felt misled into allowing its Alipay service to share data on their spending...
Jan 5, 2018
