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Over the last 4 years, outstanding credit lent by internet finance platforms to consumer have gone from almost zero to over Rmb 30 trillion.

Disney reported $16.25 billion in revenue, far above the Street estimate of $15.93 billion, while adjusted EPS came in at a loss of 32 cents, beating the Street estimate of a 41-cent loss. The company pulled this off despite suffering a loss in revenue from its parks and cruise ships being fully closed, or open with reduced capacity, due to the COVID-19 pandemic. Disney’s largest growth was in its streaming subscriptions. The company reported it had secured 95 million Disney+ subscribers for the quarter and now has more than 146 million total paid subscribers. This quarter marks the first since the company ended its free trial period. - Yahoo

Roku reported surprise net income per share of 49 cents in the fourth quarter on revenue of $649.9 million. The average analyst estimate was a loss of 3 cents and revenue of $616.8 million. The company added 14.3 million active accounts, for a total of 51.2 million, matching preliminary data for the quarter released last month. Shares of Roku have roughly doubled since early November, when it reported third-quarter results. Source: Bloomberg

Beijing jumped on digital payments as it enables the central bank to track all transactions at an individual level in real time. This helped the country battle money laundering, corruption and financing terrorism. The value of cashless payments amount to $532.9 trillion, around 37% of their GDP. Only the UK has digital payments representing over 40% of their GDP, but the total amount is only of $118.7 trillion.

The firm could raise $500. The company is backed by Chinese supermarket Wumart Group. Wumart is weighing in an IPO of its own. Dmall provides online retail solutions helping brick and mortar businesses bring their services online via its cloud and operating systems. Source: Yahoo