Stripe adds support for Alipay and WeChat Pay, China’s top digital payment services

Jon Russell, reporting for TechCrunch;

U.S. firm Stripe said today that it has agreed to global deals with Alipay and WeChat Pay, two digital services that dominate consumer spending in China. Alipay, which is managed by Alibaba affiliate firm Ant Financial, counts over 500 million users, while WeChat Pay — the digital payment feature within China’s top chat app WeChat — claims more than 600 million users.

You can read the full text of Stripe’s announcement from the company’s blog section.

China’s taxi on-demand war reignited: Didi rival UCAR is raising $1 billion

Emma Lee, reporting for TechCrunch;

Didi Chuxing’s deal to acquire Uber China seemingly left the Chinese ride-hailing giant as the last man standing and therefore sole winner of China’s vast ride-sharing market. However, Didi’s success has also served to open new opportunities for other competitors. It would seem that there’s no way for a single company to gobble up the entire market as a whole, even if it’s Didi.

Hugo Barra to leave Xiaomi for the clean air of Silicon Valley

Nivedita Bhattacharjee, reporting for Tech in Asia;

Hugo Barra, arguably the most public face of Chinese electronics company Xiaomi, is quitting after three and half years at the company. Hugo was vice president of Xiaomi’s international business.

The comments on the articles suggests that he was fired but the company and Hugo would make it look like he left the company in good terms.

We may never know the real reason why he left, unless of course Hugo disclose it himself.