Qq news and trends

Nokia, T-Mobile $3.5B 5G Deal Promises Payments, Commerce Changes
Mobile // July 30, 2018

T-Mobile has signed a $3.5 billion deal with Finnish firm Nokia, which will provide the U.S.-based carrier with “end-to-end 5G technology” the companies said. The agreement, announced Monday (July 30), comes as 5G continues to gain importance in plans involving the Internet of Things and other...

WeChat Pushes Digital Payments (Red) Envelope 903 Percent
Merchant Innovation // February 16, 2016

China is seeing a massive shift towards digital payments, with more consumers opting to send money digitally instead of stuffing cash in red envelopes. Since the introduction of digital red envelopes, the market has reportedly seen 903 percent year-over-year growth, as most consumers give up...

PayPal Losing Friends in China
International // January 29, 2015

It appears that PayPal is no kind of pal to a lot of users in China. Many Chinese cross-border merchants have decided to stop using the online payment service, claims a Shenzhen-based retailer, because money in their PayPal accounts was seized by U.S. courts following...

Quick Reads
Breach Exposes Millions Of Chinese Chat Logs

March 05, 2019
A security researcher has discovered that hundreds of millions of private chat logs from Chinese users were exposed on the internet. Victor Gevers of cybersecurity organization GDI Foundation revealed that he discovered a database of 364 million records that included social media profiles and chat logs linked to names and identity card numbers. The database […]

WeChat Pushes Digital Payments (Red) Envelope 903 Percent

February 16, 2016
China is seeing a massive shift towards digital payments, with more consumers opting to send money digitally instead of stuffing cash in red envelopes. Since the introduction of digital red...