Another form of online payment scheme has been available in China as Apple introduced their mobile payment system, Apple Pay. However, the company is likely to garner a smaller user base in China compared to competitors like AliPay and Tencent's WeChat Payment.
Chinese e-commerce giant Alibaba Group Holding Ltd is lobbying hard to stay off the U.S. Trade Representative's blacklist after coming under renewed pressure this year over suspected counterfeits sold on its shopping platforms.
Police raided the Hong Kong offices of taxi-hailing service Uber Inc on Tuesday and arrested five drivers for the "illegal use of vehicles for hire", police said.
Authorities in China's southwestern city of Chengdu visited the offices of Uber on Wednesday as part of a new investigation into the online taxi-hailing service, a spokeswoman for Chengdu's transportation commission said.
