Ant Group, which revolutionized China’s payments industry, is learning how hard it is to separate people from their mobile phones
Ant Group Co., which revolutionized China’s payments industry, is learning how hard it is to separate people from their mobile phones.
Three years ago, the financial-technology giant controlled by billionaire Jack Ma embarked on an ambitious and costly effort to install facial-recognition devices at retailers that would allow people to make payments by smiling at a screen without having to use their phones. In April 2019, Ant’s Alipay network said it would spend as much as 3 billion yuan, or the equivalent of about $439 million,...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
America’s domination of oil and gas will not cow ChinaThe covid-19 pandemic has provided a dramatic preview of a world in which demand for oil falls instead of rising
Read more »
Mainland China reports 14 new Covid-19 cases – latest updatesAs Mainland China reports 14 new Covid19 cases, here are more updates: 🇧🇷 Brazil registers 858 deaths 🇦🇺 Australia's Victoria state records lowest cases since June 🇲🇽 Mexico reports 4,841 cases Read more:
Read more »
How Trump's ban on WeChat impacts people with loved ones in China - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
How China beat coronavirus over the last six monthsThe country where the virus is thought to have emerged rarely reports daily case counts in the hundreds since the spring. But at what cost?
Read more »
Dozens of Hong Kong people write postcards to fugitives arrested by ChinaDozens of people in Hong Kong braved heavy rain on Friday evening to write postcards to 12 fugitives arrested by China at sea last month to offer comfort during the upcoming mid-Autumn festival.
Read more »
Relatives of 12 Hong Kong people arrested by China demand access for own lawyersRelatives of some of the 12 Hong Kong people arrested by China at sea last month demanded the city's government check on their condition and ensure lawyers appointed by the families and not the Chinese government, can meet with them.
Read more »