Luckin might have its app removed from app stores

By Chris Udemans

Luckin Coffee is one of nearly 20 companies that could have its app removed from app stores. All 20 were called out by the Chinese government for violating privacy protection rules.

Why it matters: The embattled coffee giant admitted earlier this m…

Korean hackers are targeting China over Covid-19

By Chris Udemans

Chinese cybersecurity experts claim Korean hackers have launched a wide-ranging hacking campaign against China’s government and its overseas diplomat missions, amid heightened coronavirus fears around the world.

Why it matters: Qihoo 360 speculated …

Baidu to issue $1 billion debt offering

By Chris Udemans

Chinese search firm Baidu is planning a $1 billion note offering to repay existing debts and fund general operations, the company said on Wednesday.

Why it matters: Baidu had a rough 2019 and expects flagging revenue in the first quarter of this yea…