Friday, January 22, 2021
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Tag: Dada Nexus

Dada Nexus Makes Nasdaq Debut Despite US Plans to Curb Stateside IPO’s by Chinese Firms

Online Chinese grocery delivery platform Dada Nexus has listed on the Nasdaq exchange amidst calls for greater scrutiny of and curbs...’s Dada Nexus Plans USD$500 Million Stateside IPO

Online delivery platform Dada Nexus (达达集团) made a filing with the US Securities Exchange Commission (SEC) on Tuesday for an IPO on...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.