Paul Carsten
Stories by Paul Carsten
Apple Pay launches in China, takes on entrenched rivals Alibaba and Tencent
Apple Pay ties up with 19 Chinese lenders. Can succeed by working with, not against, banks, says Apple VP. The service will have to compete with entre
China Merchants Bank to invest $200m in ride-hailing app Didi Kuaidi, now valued at $16.5b
Didi Kuaidi, which is backed by China's biggest e-commerce firm Alibaba Group Holding and leading social networking company Tencent Holdings, is battl
Chinese e-commerge giant Alibaba’s revenue growth seen slowest on record; to intensify fight with JD.com
Uber receives nearly $2b investment from Chinese firms
Uber's main global entity received the rest of the money, though the company did not specify how much each unit got.
In China’s online-to-offline tech, unicorns are turning into “unicorpses’
In China's hottest tech sector, hundreds of "online to offline" start-ups have failed as skyrocketing valuations deter investors and put the brakes o
