Sunday, January 17, 2021
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Tag: TikTok

TikTok Is Just the Beachhead for ByteDance’s Global Ambitions: “Story of TikTok” Author Matthew Brennan

Matthew Brennan, the author of Attention Factory: The Story of TikTok and China’s ByteDance, says that ByteDance has ambitions to transform itself...

Was Trump Administration’s TikTok Ban Warranted?

TikTok's stateside operations remain unscathed despite the passing of the official deadline set by the Trump administration for the barring of its...

Beijing Responds to India’s Banning of 118 Chinese Apps

China's Ministry of Commerce (MOFCOM) has issued a response to India's recent decision to ban a slew of Chinese mobile apps.

TikTok Founder Zhang Yiming Grabs Payments License for Toutiao via Acquisition of Wuhan Fintech Firm

The head of TikTok-owner ByteDance has acquired a payments licenses via the takeover of a Wuhan-based company, in a move intended to...

ByteDance Reportedly Applies for Five Financial Licenses in Hong Kong, Virtual Banking License in Singapore

TikTok-owner ByteDance is reportedly planning a foray into the finance sector of Hong Kong.

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.