Shut Down news and trends

Chinese Regulators Move To Shutter P2P Lenders

October 31, 2019
Shanghai Regulators Move To Shutter P2P Lenders
MoviePass Shuts Down
Subscriptions // September 15, 2019

The too-good-to-be-true subscription service MoviePass has shut down after an official two-year run and millions of users, The New York Times reported Friday, Sept. 13. The subscription service offered customers various plans to see up to a movie a day in theaters for less than...

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Chinese Regulators Move To Shutter P2P Lenders

October 31, 2019
Shanghai regulators are ordering more than 40 peer-to-peer (P2P) lenders to get ready to close shop, the Financial Times (FT) reported on Thursday (Oct. 31). Authorities are giving P2P companies time to wrap up their business affairs, but “the ultimate goal is zero on the balance sheet,” a source told FT. Some of the nation’s […]

MoviePass Shuts Down

September 15, 2019
The too-good-to-be-true subscription service MoviePass has shut down after an official two-year run and millions of users, The New York Times reported Friday, Sept. 13. The subscription service offered customers...