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China Roundup: facial recognition lawsuit and cashless payments for foreigners

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Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people...

WeChat Pay and Alipay partner QFPay raises $20 million to develop...

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Digital payments startup QFPay announced today that it has raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix...

Hellobike, survivor of China’s bike-sharing craze, goes electric

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Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with derelict bikes littering the...

Splyt wants to connect the world’s ride-hailing apps for easy international...

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The vision of a universal global ride-hailing service is over. Uber’s decision to exit markets like China, Southeast Asia and Russia coupled with the...

WeChat is quietly ranking user behavior to play catch-up with Alibaba

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Over one billion people leave behind trails of information on WeChat every day as they use the messenger to chat, read, shop, hail rides,...

WeChat e-wallet teams up with Line to target Japan’s 7M Chinese...

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China’s biggest chat app WeChat is set to make its payments service more ubiquitous in Japan, a popular outbound desitnation for Chinese tourists. On Tuesday,...

Tencent e-wallet is following Alibaba to Hong Kong subways

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China’s payments giants have taken their battle to Hong Kong. Less than a week after Ant Financial announced adding QR codes to the city’s...

Hong Kong is adding QR code payments to its subway stations

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A new dispatch from our ‘QR Codes Are Very Much Alive In Asia’ reporting program: Hong Kong’s subway system will soon allow its commuters...

China’s Youon expands into Europe as other bike startups backpedal worldwide

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A little known Chinese bike company is riding into Europe as its peer Ofo has applied the brakes to its global expansion strategy in...

Zomato secures $210 Mn more from Alibaba’s payments affiliate Alipay

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The year 2018 would be counted as one of the best periods for foodtech unicorn Zomato. Right from fundraising to monthly order run rate and...