Reaching 802 million people for mobile payments in 2020, a 50% surge over 2017, and third party transactions adding up to $34 trillion, China's digital revolution portends major changes in retail and in finance - in China and globally
Commerce deserves careful scrutiny as the advance scouting party of a much larger enterprise, the vast infrastructure project staged and controlled by China's Belt and Road Initiative
Mobile payments have become a defining feature of Chinese society and the two Internet majors, Aibaba and Tencent, dominate digital consumer transactions at the expense of traditional banking. The Chinese Central Bank is seeking a way out...
Alibaba, the e-commerce giant, and Tencent, the videogame behemoth, are seeking ways to extend their strong presence in markets roiled by fickle consumer expectations and under competitive pressure. Profits will suffer...
Since July 2018, the markets have not been kind for most videogame companies. Both Chinese firms extending their sucessful business model across Asia and Western competitors have their work cut out
Investors' first take on the current fall-back of the major game publishers is dire : the good times are over and winter is coming, but the industry might prepare in stealth mode to adjust to technological revolutions in the offing
