China's cyberspace watchdog has unveiled the names of the inaugural group of mobile app stores that have adhered to the new regulatory requirements, marking the commencement of stringent oversight measures over mobile applications.
The Cyberspace Administration of China (CAC) now enforces rules requiring the submission of comprehensive business information by mobile app stores and applications.
Tencent Holding Ltd (OTC: TCEHY), Huawei Technologies Co, Alibaba Group Holding Limited (NYSE: BABA) fintech affiliate Ant Group, Baidu, Inc (NASDAQ: BIDU), Xiaomi Corp (OTC: XIACF) (OTC: XIACY), and Samsung Electronics Co (OTC: SSNLF) are among the 26 entities that have complied with ...