84% Chinese can go out without cash: Report

About 84 percent of the Chinese people can accept going out without any cash, according to a report of mobile payment usage in China released by Chinese mobile payment solution Wechat Pay.

Uber says not clear what prompted London regulator to strip it of license

LONDON (Reuters) – Uber said on Monday it was not clear what concerns London’s transport regulator had for stripping it of its license as the taxi app battles to keep operating in one of the world’s wealthiest cities.

Time to drink to robot revolution

At a large wine chateau in the region of Bordeaux, France, busy robots use artificial intelligence and other technologies to pick and screen grapes as well as make wine.

Expert says China is ready to wrest robotics leadership

Seeking to be at the forefront of the next technological revolution, China is committed to cooperate with more countries and will be able to lead the world in several fields of robotics.

Backed by Accel, GlowRoad helps Indian women build home businesses

 Indian e-commerce company GlowRoad is built on a simple premise. By connecting manufacturers with resellers and using drop shipping, it keeps everyone’s overhead costs low. The Bangalore-based startup, however, doesn’t just aspire to be an online reseller network. Founded by a former physician, GlowRoad’s goal is to give housewives and stay-at-home mothers a low-risk way to… Read More

Lazada expands Alibaba’s Taobao marketplace in Southeast Asia

SINGAPORE (Reuters) – Online retailer Lazada Group said it will sell select items from Alibaba Group Holding Ltd’s Taobao marketplace in three more countries in Southeast Asia, expanding the partnership between the two e-commerce firms.

China’s Leshi Internet plans to buy finance business from affiliate for 3 billion yuan

(Reuters) – The main listed unit of Chinese technology conglomerate LeEco said on Sunday that it plans to buy investment and financial service assets from an affiliate for up to 3 billion yuan ($455.24 million) as part of a restructuring exercise.