Yusho Cho
Stories by Yusho Cho
China’s Ant cuts down on smartphone loans amid regulatory crackdown
Half a billion people took out loans through Ant in a span of a year.
Alibaba halves startup investment as China steps up scrutiny
Alibaba's startup investments between November and February stood at about $2.7 billion.
Ant Group to reorganise operations under financial holding company structure
Proposed reshuffle includes under-fire lending and insurance platforms.
Ant and Tencent halt bank deposit shopping as Beijing cracks down
Platforms like Alipay and WeChat Pay used to provide comparisons of deposit products at different banks.
Chinese startups raise $33b in funding in Jan-Aug period this year
Chinese startups have emerged from their mini ice age, one that began two summers ago.
A year later, China’s STAR Market finds its fortunes more tied to govt
In its current state, the STAR market is far from an ideal exchange that rewards growth enterprises without relying on state intervention.
Chinese startups eye quicker path to profitability as funding dwindles
A fight to survive appears to be looming driving players to hurry their services to the commercial stage.
China’s $25t in mobile payments transforming nation’s services
Alibaba and Tencent reshape how people access health care, lending and more.