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Alibaba to use blockchain to fight China’s fake food China has a fake food problem. Counterfeit soy sauce, rice, and eggs are among the potentially deadly items found for sale. Now Alibaba, the nation’s top online shopping company, wants to fight back against fake foods by using blockchain, the tech behind Bitcoin. The post Alibaba to use blockchain to fight China’s fake food appeared first on Stage Asia - startups directory .

China spends more than ever on Alipay amid mobile payments boom Alipay, China’s top mobile wallet app, hit record highs in 2016 for the amount its 450 million users spent online or in stores. The app’s biggest group of spenders, the people of Shanghai, paid out an average US$20,400 last year, said the Alibaba spin-off […] The post China spends more than ever on Alipay amid mobile payments boom appeared first on Stage Asia - startups directory .

Didi is far from winning the war in China With Uber thwarted, much of the problems erased by the ride-hailing wars are starting to appear The post Didi is far from winning the war in China appeared first on Stage Asia - startups directory .

A startup founder’s sudden death sparks a public discussion on work anxiety in China Months before his death, Chunyu Yisheng CEO and Founder Zhang Rui had spoken about his work-related anxiety issue The post A startup founder’s sudden death sparks a public discussion on work anxiety in China appeared first on Stage Asia - startups directory .