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The new development is a relief for many fintech firms reliant on foreign capital.

Circles.Life will use the new funds for expansion into new markets.

Passengers must scan a QR code placed on buses, subways, and taxis, and provide contact info.

A merger could pose a significant threat to regional counterparts Lazada and Shopee.

Tujia, another Airbnb rival in China, said suspension guidance from the authorities had affected most of its listings in the city.

Taobao and other e-commerce platforms have recently focused on direct-to-consumer selling.

The fresh cash will be used to expand the company’s reach and services.

Xiaomi, Oppo, and Vivo are teaming up on a new platform for international app developers, but Huawei’s involvement is a mystery.