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Ant Financial's Alipay held 55 percent of China's mobile payments market in 2016, down from 68 percent just a year earlier, according to iResearch Consulting Group. Meanwhile, Tencent's climbed from 21 percent to 37 percent from 2015 to 2016.

Ann Njeri, a quality analyst and team leader of customer care department at StarTimes in Kenya, said soccer lovers relished watching the live streaming on the app.

Apart from ramping up efforts to support small businesses, the regulator also highlighted the importance of implementing policies for the further opening-up of China's financial market. [Photo/IC]

Apart from the lab in Beijing, in 2016, Rokid launched its research lab in San Francisco, California, focusing on the research and development on new products and new technologies.

Ant Financial of Alibaba invested 833 million yuan for a 51 percent stake in Cathay Insurance, a Taiwan-based property insurance company in July 2016.