Waterdrop's revenue rises

FAST NEWS: Waterdrop posts sixth consecutive quarterly profit

The latest: Online insurer Waterdrop Inc. (WDH.US) on Thursday reported a 21.7 million yuan ($2.95 million) net profit in the second quarter, its sixth consecutive quarterly profit. Looking up: The company's insurance…

FAST NEWS: JPMorgan boosts Meituan stake

The latest: JPMorgan disclosed it purchased 13.83 million shares of Meituan (3690.HK) on May 31 for more than HK$1.6 billion ($205 million), raising its stake in the online food delivery…

PODCAST: China loses population crown, and deliverymen find friend in Hangzhou

China will officially lose its title as the world’s most populous nation to India in the middle of this year, according to a UN projection. And Hangzhou is calling on employers to provide social insurance for the thousands of deliverymen who bring city residents everything from takeout dining to e-commerce parcels.