While surveys like these discover about 2,000 stars brightened by microlensing each year in the Milky Way galaxy, the addition of astrometric data is what allowed the two teams to determine the mass of the compact object and its distance from Earth. STScI manages the science program for the telescope and conducts its science operations.īecause both microlensing surveys caught the same object, it has two names: MOA-2011-BLG-191 and OGLE-201, or OB110462, for short. The astrometric data came from NASA’s Hubble Space Telescope. The photometric data came from two microlensing surveys: the Optical Gravitational Lensing Experiment (OGLE), which employs a 1.3-meter telescope in Chile operated by Warsaw University, and the Microlensing Observations in Astrophysics (MOA) experiment, which is mounted on a 1.8-meter telescope in New Zealand operated by Osaka University. A paper describing the analysis by the STScI team, led by Kailash Sahu, has been accepted for publication in The Astrophysical Journal.īoth teams used the same data: photometric measurements of the distant star’s brightening as its light was distorted or “lensed” by the super-compact object, and astrometric measurements of the shifting of the distant star’s location in the sky as a result of the gravitational distortion by the lensing object. Notably, a competing team from the Space Telescope Science Institute (STScI) in Baltimore analyzed the same microlensing event and claims that the mass of the compact object is closer to 7.1 solar masses and indisputably a black hole. The team also concluded that the likely population of black holes in the galaxy is 200 million - about what most theorists predicted. The analysis by Lam, Lu and their international team has been accepted for publication in The Astrophysical Journal Letters. The analysis includes four other microlensing events that the team concluded were not caused by a black hole, though two were likely caused by a white dwarf or a neutron star. I think we have opened a new window onto these dark objects, which can’t be seen any other way.”ĭetermining how many of these compact objects populate the Milky Way galaxy will help astronomers understand the evolution of stars - in particular, how they die - and of our galaxy, and perhaps reveal whether any of the unseen black holes are primordial black holes, which some cosmologists think were produced in large quantities during the Big Bang. “With microlensing, we’re able to probe these lonely, compact objects and weigh them. “This is the first free-floating black hole or neutron star discovered with gravitational microlensing,” Lu said. Whether a black hole or a neutron star, the object is the first dark stellar remnant - a stellar “ghost” - discovered wandering through the galaxy unpaired with another star. Neutron stars are also dense, highly compact objects, but their gravity is balanced by internal neutron pressure, which prevents further collapse to a black hole. Because astronomers think that the leftover remnant of a dead star must be heavier than 2.2 solar masses in order to collapse to a black hole, the UC Berkeley researchers caution that the object could be a neutron star instead of a black hole. The team, led by graduate student Casey Lam and Jessica Lu, a UC Berkeley associate professor of astronomy, estimates that the mass of the invisible compact object is between 1.6 and 4.4 times that of the sun. Now, a team led by University of California, Berkeley, astronomers has for the first time discovered what may be a free-floating black hole by observing the brightening of a more distant star as its light was distorted by the object’s strong gravitational field - so-called gravitational microlensing.
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That's because, like with anything done over and over again, most people will get sick of them after about 30 days, which may cause them to crave other, less nutritious foods. While protein shakes can help you lose weight, they should not be used in the long-term, says Ali. Best overall protein shake : Iconic Protein Drink, $35.09 at Amazon.Best sugar-free whey protein powder: Optimum Nutrition Platinum Hydrowhey, $89.99 at The Vitamin Shoppe.Best natural protein powder overall: Naked Whey Protein, $90.24 at Amazon.We test and recommend the best natural and whey protein powders along with the best ready-to-drink protein shakes. Gainful Whey Vega Rachel Mendelson/Insider Use the shake to replace a meal such as a dinner or lunch to help you achieve a calorie deficit.Add as much ice as needed and blend until smooth.Use one scoop of a low-sugar protein powder, which typically contains about 25 grams of protein, says Veltkamp.Then add ½ cup of plain, full-fat Greek yogurt and 1 cup of a low-calorie, unsweetened liquid such as almond milk or water.Place one frozen banana into a blender with an ⅛ teaspoon of cinnamon for a bit of flavor.While you can buy a protein shake at most health food stores, the best way to make a nutrient-rich protein shake is by creating your own at home, says Veltkamp. Too much added sugar is linked to weight gain,ĭiabetes, and cardiovascular disease. If you are using protein shakes for weight loss, it's important you select a low-calorie one with no added sugar. Ali, MD, Medical Director at MemorialCare Surgical Weight Loss Center at Orange Coast Medical Center.įor example, a 2021 review found that people lost more weight when they get 60% of their recommended calorie intake from meal replacements and 40% from other foods. To help you lose weight, protein shakes should replace at least one meal a day, says Mir B. How to use protein shakes for weight loss For example, a small 2008 study of obese people found those who used a high-protein meal replacement for two meals over 12 weeks lost a similar amount of weight, but more fat than those who used a high-carb meal replacement. While protein may not be the magic key to weight loss, some studies have found it does boost fat loss more than other macronutrients. Therefore, it's more about reducing the overall calories you consume than the amount of protein you eat. In fact, most Americans get enough protein in their diet already. Lose weight since any excess calories will end up stored as fat. However, eating more protein doesn't necessarily mean you'll The protein shake groups lost an average of about 9.5 pounds whereas those who ate their regular dinner only lost about 0.5 a pound. Obese and overweight Chinese adults found that those who replaced dinner with a 388-calorie protein shake for 12 weeks had a greater BMI reduction and lost more weight than those who ate dinner as usual. So far research backs this up: A small 2018 study of For example, replacing a 500 to 700 calorie meal with a 200-calorie shake may help people achieve the calorie deficit to aid weight loss. That's because protein shakes make a nutritious, low-calorie meal replacement. When paired with a healthy lifestyle and caloric deficit, protein shakes can be a useful tool for weight loss, says Kristi Veltkamp, a registered dietitian with Spectrum Health. From 1930 to 1940, the number of employed women in the United States rose 24 percent from 10.5 million to 13 million Though they’d been steadily entering the workforce for decades, the financial pressures of the Great Depression drove women to seek employment in ever greater numbers as male breadwinners lost their jobs. There was one group of Americans who actually gained jobs during the Great Depression: Women. The number of African Americans working in government tripled. And those relief programs for which blacks were eligible on paper were rife with discrimination in practice since all relief programs were administered locally.ĭespite these obstacles, Roosevelt’s “Black Cabinet,” led by Mary McLeod Bethune, ensured nearly every New Deal agency had a black advisor. Rather than fire domestic help, private employers could simply pay them less without legal repercussions. But farm and domestic work, two major sectors in which Black workers were employed, were not included in the 1935 Social Security Act, meaning there was no safety net in times of uncertainty. One-fifth of all Americans receiving federal relief during the Great Depression were Black, most in the rural South. The New Deal: A Road to RecoveryĪfrican Americans in the Great Depression In addition, Roosevelt sought to reform the financial system, creating the Federal Deposit Insurance Corporation ( FDIC) to protect depositors’ accounts and the Securities and Exchange Commission (SEC) to regulate the stock market and prevent abuses of the kind that led to the 1929 crash. He also began addressing the public directly over the radio in a series of talks, and these so-called “ fireside chats” went a long way toward restoring public confidence.ĭuring Roosevelt’s first 100 days in office, his administration passed legislation that aimed to stabilize industrial and agricultural production, create jobs and stimulate recovery. Roosevelt took immediate action to address the country’s economic woes, first announcing a four-day “bank holiday” during which all banks would close so that Congress could pass reform legislation and reopen those banks determined to be sound. Nonetheless, FDR (as he was known) projected a calm energy and optimism, famously declaring "the only thing we have to fear is fear itself.” Treasury didn’t have enough cash to pay all government workers. state had ordered all remaining banks to close at the end of the fourth wave of banking panics, and the U.S. economy expanded rapidly, and the nation’s total wealth more than doubled between 19, a period dubbed “ the Roaring Twenties.”īy Inauguration Day (March 4, 1933), every U.S. By 1933, when the Great Depression reached its lowest point, some 15 million Americans were unemployed and nearly half the country’s banks had failed. Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers. It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. The Great Depression was the worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939. Great Depression Ends and World War II Begins.African Americans in the Great Depression.Bank Runs and the Hoover Administration. “He’s somewhere between Louie Prima, Jerry Lewis and a male model.”īarbra Lica & The Sparklettes, Sam Broverman, Sunwing founder Colin Hunter, Pam Hyatt and Amy McConnell will also be lending their voices to the cause Thursday. “Most songs will come from movies everyone knows and will be performed in various dance styles with the focus being swing music.Īlso on the bill is New York singer Chris Norton, who Bee says has a huge cult following of kids who love to dance. “This is an 18-piece band under the direction of Anthony Terpstra who has put together charts with a movie theme,” Bee tells me. Thursday’s silver screen-themed swing show features Don Francks, who Bee calls one of Canada’s jazz heroes, singing trad jazz, folk and blues as well as the Hollywood North Starlight Orchestra that promises to be the highlight of the night. Many independent agents, managers and others have no benefits package to speak of.”īee says that in the past year-and-a-half, Unison has offered free counselling services, “and as soon as we raise a million bucks, we will be able to provide short-term financial assistance for a wide range of services including medical costs and general living expenses.” “I have some close friends who could’ve really used the help: Singer/flautist Lisa Particelli, folk singer Ken Whiteley, blues master Julian Fauth and especially jazz singer Alex Pangman - who had a double lung transplant - all could’ve used the services of this fund when they had health issues. “After spending over 20 years self-employed as a singer, I totally empathize with people who work full-time in music and have no access to the type of assistance many people probably take for granted,” he says. He says he jumped at the chance to join Unison. The brainchild of Jodie Ferneyhough and Catharine Saxberg, the fund helps those who don’t have access to pension plans, unemployment insurance, employee assistance programs, sick leave and medical benefits.īee - a musician and DJ on Jazz.FM 91 - is a member of the fund’s board and will be hosting a benefit for the organization at the Palais Royale Thursday. They may not sing the blues when tragedy strikes, but the Unison Benevolent Fund is acutely aware of their predicament and is doing a fantastic job raising awareness of the issue and providing a shoulder to lean on. Listening to Jaymz Bee rattling off the names of local musicians who had little or no access to extra cash when experiencing hard times got me questioning how little we invest in those who hustle so hard to enrich our lives. Manage Print Subscription / Tax Receipt. There are multiple retirement options you can get to give the game an end but there are a lot of hours in between that and the album launch party. With the competitors, you get a small talk with them when they get to 5% market share but they still do stuff that impacts your game like trying to steal employees even when they hit 0%, there isn’t really an end to them, it would be nice to have a definitive ending to those things with a story attached to it. When the investor goals are done you just get some money and that’s it. You get introduced to investors and competitors but they don’t really have an end to them. After a part where you do an album launch (something pretty early in the game), it just stops for the most part. There was a story, but it doesn’t really give you the drive to continue. The theme music is also nice for the 1st hour, but after that, it gets kinda annoying to hear the same song over and over and over again, the same thing with the sound effects, I felt like there where only 4 different sound effects that had 0 variations in them. It gives the game a great feel and never makes the game feel boring because of how colorful it is. It has a pixel style that perfectly fits with how the game works but even with the pixel style there is so much detail in everything. The graphics in the game are really cool and colorful. The game lets you figure out a lot by yourself but it would have been nice to have at least a little explanation on how to improve your playstyle. There is very little explanation on how the marketing works, its a nice thing to do because it raises the overall userbase but there isn’t really given an intro to how it works and why you need to do some of these things. When you have gotten a score for a feature you can do a “Post-Mortem” this lets you see where you need to put in more points to get a higher score, the only problem with it is that it only saves the 1st review you do, so if you revise the feature and still haven’t gotten a 10 you will need to take a screenshot so remember those settings. There are only a few things that got kinda annoying after a while. The gameplay has a lot of elements in it from Game Dev Tycoon from 2013 and improves on that concept by adding more things like marketing, feature revisions, character statistics, traits, and furniture that you can get to improve the statistics as well. Then you get set on your adventure and are kinda left to figure out most things by yourself. You meet up with James Snipp (a copy from Clippy, the old windows tip paperclip) and he gives you e brief intro to the story and what to do. The game starts off with you working for a big corporation and quitting your job to start your own company. I got stuck in a small loop where someone asked me to do a job for him and then i kept getting a game over screen, until i picked the other option and refused his offer at least. So the beginning of the game is very confusing (just like most of the game to be honest). QVI's seven divisions: Optical Gaging Products (OGP), RAM Optical Instrumentation (RAM), Certified Comparator Products (CCP), VIEW Micro-Metrology (VIEW), Kotem Software, Shapegrabber 3D Laser Scanner, Itaca FlexGaugeTM CMM are each leaders in their respective markets.Īs the first brand of QVI, OGP SmartScope® systems are in use worldwide, fitting a range of categories: multisensor metrology, optical inspection, video measurement, laser scanning, contour projector, and more, all with micro-level resolution and accuracy.Ī subsidiary of Quality Vision International Inc., OGP (Shanghai) Co., Ltd was founded in March 2003, aiming to provide unsurpassed sales, servicing and application support to our valuable customers in China marketplace. QVI systems are used by manufacturers in over 75 countries around the world to measure and inspect their products for quality and process control. The company designs and builds a complete line of dimensional measuring machines that combine optical, laser, and contact sensors into easy to use systems. Comes standard with TTL coaxial illuminator and patented LED SmartRing™ light.Quality Vision International (QVI®) is the world's largest vision metrology company.High-quality auto calibrating AccuCentric® 12:1 zoom lens provides excellent optical performance over its entire range.Axial straightness and perpendicularity are built in to meet stringent volumetric specifications.Its high acceleration and velocity in all three measurement axes contribute to measurement productivity, while its granite base and extruded, lightweight aluminum bridge provide a rigid platform for built-in measurement stability. Unique “elevating bridge” design – entire unit fits in area as small as 0.6 cubic meters. SmartScope ZIP 635 is a floor model metrology system offering high speed multisensor measurement of large parts.Traditionally strong in video measurement, it is also available with contact and non-contact probes, as well as the unique switchable TTL laser. It has a reputation for extreme reliability and proven metrological performance. SmartRing™ light is standard for the ultimate flexibility in surface illumination. SmartScope ZIP® 450 A floor-model metrology system offering video and multisensor measurement for large parts. The computer controlled LED array backlight tracks X-axis motion of the optics with no moving parts. SmartScope Flash CNC 200 has patented innovations that let you do more, and do it faster. Fabricants: OPTICAL GAGING PRODUCTS / OGP. Check our Similar Products below, use our Search feature to find more products available for sale or contact us with any questions you might have. SmartScope ZIP 250 features OGP MeasureMind 3D MultiSensor metrology. This OGP system has a reputation for extreme reliability and proven metrological performance. This OPTICAL GAGING PRODUCTS / OGP SmartScope ZIP 250 has been sold. hardened worktable, and heavy duty mechanical slides. Innovative design features of “elevating bridge” and an embedded computer mean the system takes up little space on a benchtop while providing an ample 200x200x150 mm measuring range and extensive measurement capabilities. The SmartScope ZIP 450 is a floor standing digital measuring system offering video and multisensor measurement for large parts and offers Cross customers an excellent option for measuring large parts with speed and efficiency. A SmartScope ZIP különféle méretekben és mérési. Legyen szó az élek nagy sebesség videós mérésérl vagy összetett felületprofilok multiszenzoros mérésérl, a SmartScope ZIP megbirkózik a feladattal. It combines a user-friendly interface with high-powered algorithms, yielding dependable and reliable performance. Illumination is provided by a range of programmable LED light sources including the patented 8 vector, 8 sector SmartRing. A SmartScope ZIP ® rendszerek nyújtotta hatékony, helyszínen tesztelt, automatikus méretellenrzés teszi ezeket a gépeket globális kedvenccé az ipari piacon. SmartScope ZIP 250 features OGP®MeasureMind® 3D MultiSensor, MeasureX or ZONE3 Express metrology software, designed to take full advantage of a 3D measurement environment. SmartScope® Flash™ CNC 200 – the smallest member of the Flash CNC family of systems – is a full-featured automatic measurement system. Like all ZIP systems, SmartScope ZIP is equipped with 7:1 AccuCentric zoom optics and is ideal for a wide variety of manufacturing industries and locations. Technical Line Sheets/ Spec Sheets/ Mood Boards / Clothes.įashion Cad | Tech Packs Combo | Flat Sketches and Drawings | Fashion illustration | Print Design | Repeat Pattern | Graphic Design | Fabric prints | Sheets | T shirt Design | Screen Print | Sublimation Print | Transfer Print | Garment Accessories Packaging | Shoe | Bag | Cap and Hat, I can make any types of garments like T shirt, Jacket & Outwear, Denim, Top Bottom for Men Women & Kids, etc. Knowledge in men, women, and children collections, both apparel and bags. If you are a fashion designer, graphic artist, freelance designer, assistant designer or working in the field of any kind of designing, then Prestige Pro Design is the best stop solution for you to work faster & easier. Tech pack development and Specification Measurement. Prestige Pro Design is a pioneer in coming up with the wide range of adobe illustrator fashion templates and numerous patterns of sketches. Fashion Flat (technical) SKETCH & Design Do you want to design female clothing quickly Would you like to access to a 1000 graphics library for inspiration If youre a designer, pattern maker, illustrator, student or passionate about fashion, this app is for you. See more ideas about fashion flats, flat sketches, fashion sketches. My main objective is to convert any idea into a garment, with complete tech packs, Specification, Measurement & Size Chart. Explore Fashion RoseDoll's board 'Fashion Flat Sketch', followed by 552 people on Pinterest. I always love to give my design 100% accurate for my clients. I worked for many International Buyers like H&M, ZARA & PULL&BEAR. Hand drawn sketches of clothes on white board, color swatches and threads, top view. Hand drawn sketches for new fashion collection. My career is focused on working as a link between my clients and apparel factories, so I have lots of experience with Apparel design, product development, Tech pack and Technical Sketch. Fashion design - Drawing of designer coat. I've been working in the Fashion Industry for +8 years. çizim çizimler çizimfikirleri çizimler kolay moda fashion fashiondresses fashionstyle dress dressing drawing frfrl. TECHNICAL FASHION DESIGNER, TECHPACK & APPAREL SPECIALIST I am here to help you As a professional fashion designer, I will draw a flat sketch/ technical drawing of your design in colors including design details with a very competitive price. The only app that gives you ideas of Creative Fashion Design Flat Sketch professionally in a short time. Right now its one of the most popular on Steam, which reports that. It was initially released in 2012 and is still developed and updated by developers, so the game maintains its popularity between gamers. 2013 Licence Free to try 19.00 OS Support Windows XP, Windows Vista, Windows 7, Windows 8 Downloads Total: 192,529 Last week: 78. Euro Truck Simulator 2 is a high rated truck simulator game available for Windows and Linux users. Take care of your livestock - cows, sheep, chickens and now pigs - take part in forestry, and sell your products to expand your farm! Transport your goods with trucks and trailers, or load and drive trains to reach your destination.įarming Simulator 17 offers rich online activities: play in co-operative multiplayer up to 16 players, and download mods created by the passionate community for unlimited content and an ever-evolving Farming Simulator 17 experience. Drive your truck across a realistic depiction of Europe, visit its beautiful cities, pick up a variety of cargos, and deliver them on time Last update 8 May. Architecture:for ARM7 x86 devices md5 hash: 8f6d7dea5afb042d282afe060c744af9 file signature (SHA1): 40E4DC5CDB14EB312A85E927D7E143211A27DD4C Uploaded: 2017/. The focus of the upcoming official 1.16 game update is to ship engine changes and other behind the scenes elements in preparation for our big future content updates. Large truck dealers have been updated to match the new style of dealerships. Harvest many types of crops, including for the first time sunflowers and soy beans. 64-bit version of the game is now available via Steam launcher. Drive over 250 authentic farming vehicles and equipment from over 75 manufacturers, including new brands such as Challenger, Fendt, Valtra or Massey Ferguson. Install ETS 2 mods Download ETS2 Upload Mod Contacts Euro Truck Simulator 2 Mods mods. Play the career mode of this truck simulator, make money, purchase new trucks and upgrades, explore the trucking world The game delivers an unparalleled driving experience which has put it in the spot of the most popular Euro Truck Simulator. Additionally, you can customize your vehicle, making it feel. Take on the role of a modern farmer in Farming Simulator 17! Immerse yourself in a huge open world loaded with new content: new environment, vehicles, animals, crops and gameplay mechanics!Įxplore farming possibilities over hundreds of acres of land, including a detailed new North American environment. American Truck Simulator Mods Euro Truck Simulator 2 Mods. There are over 17 different Truck models from seven manufacturers available to drive in the game. Input improvements (Steam controller support, Tobii eye tracker support, controller hotplug support, better FF on Linux) Use your own purchased trailers in External Contracts (WoTR) New French roads: A10-A6 (Vive. About This Game THE MOST COMPLETE FARMING SIMULATOR EXPERIENCE The original Euro Truck Simulator - the game which has become the classic of the genre and is still relevant today. Game update (patch) to Euro Truck Simulator 2, a (n) simulation game, v.1.35.1.31, added on Wednesday, September 11, 2019. One-time license fee for play on account’s designated primary PS4™ system and other PS4™ systems when signed in with that account. Software subject to license (us./softwarelicense). Online features require an account and are subject to terms of service and applicable privacy policy (/terms-of-service & /privacy-policy). Uses DUALSHOCK 4 vibration function Online features require an account and are subject to terms of service (/terms-of-service), privacy policy (/privacy-policy), and the game publisher’s privacy policy. Online features require an account and are subject to our terms of service (/terms-of-service), our privacy policy (/privacy-policy), and the game publisher’s privacy policy. A paid-for PlayStation Plus membership is required. Offline multiplayer (2-4 players) Online multiplayer (2-8 players). Gang Beasts is made by Boneloaf, a small independent game studio making a series of experimental multiplayer party games. Customise your character and fight local and online enemies in the melee game mode or fight with friends against the gangs of Beef City in the gang game mode. Gang Beasts is a silly multiplayer party game with surly gelatinous characters, brutal slapstick fight sequences, and absurd hazardous environments, set in the mean streets of Beef City. Although this game is playable on PS5, some features available on PS4 may be absent. To play this game on PS5, your system may need to be updated to the latest system software. China policy is one of the more complicated areas for Biden as his team weighs which policies to leave in place amid simmering tensions with Beijing. to continue our mission to secure the nation, the economy, and the people of the United States,” Commerce Secretary Wilbur Ross said in a statement.īut with the order not going into effect until next month, it will fall to the incoming Biden administration to decide whether to enforce it or rescind it. “I stand with President Trump’s commitment to protecting the privacy and security of Americans from threats posed by the Chinese Communist Party, and the Department of Commerce will leverage the authorities of the E.O. SHAREit allows users to transfer files from one device to another CamScanner can be used as a PDF scanner Tencent QQ is a messaging app VMate is a video editing app WeChat Pay can be used within the WeChat messaging app to make payments while AliPay is another payment app and WPS Office is an app akin to Microsoft Office. The president cited past cyber attacks connected to China, including a 2014 hack of the Office of Personnel Management and the 2017 Equifax hack that compromised the personal information of millions of Americans. “The United States has assessed that a number of Chinese connected software applications automatically capture vast swaths of information from millions of users in the United States, including sensitive personally identifiable information and private information, which would allow the and access to Americans’ personal and proprietary information,” Trump said in the order. The order builds on previous efforts by Trump to outlaw the use of WeChat and TikTok on similar grounds. The order, which goes into effect in 45 days, prohibits transactions with Alipay, CamScanner, QQ Wallet, SHAREit, Tencent QQ, VMate, WeChat Pay, and WPS Office. The State Council, the central bank, Ant and Tencent did not respond to requests for comment.President Trump on Tuesday issued an executive order banning transactions with eight Chinese apps, citing concerns about data privacy. Meanwhile, the two companies are asking the government to prevent a probe, the news service reported. The sources, who insisted on anonymity, said the State Council is reportedly taking the central bank’s recommendation seriously, but deliberations are confidential. “Through our commitment to serving the under-served, we make it possible for the whole of society to share our growth.” “Becoming a public company will enhance transparency to our stakeholders, including customers, business partners, employees, shareholders and regulators,” Ant Group Executive Chairman Eric Jing said in the announcement. If approved, the combined offering, with a valuation of more than $200 billion, is likely to be one of the largest in history. Last week, the company said the dual China listings would fuel its mission to speed digitization of the nation’s service industry, drive domestic demand, position it to develop global markets and further invest in technology and innovation. The mobile banking market reported 56.2 trillion yuan ($8 trillion) worth of transactions in the fourth quarter of 2019, according to Analysys Mason, the London-based global research firm.Īn investigation could chill prospects for Ant Group’s plans to file an initial public offering (IPO) on Shanghai’s Nasdaq-style STAR Market and the Hong Kong Stock Exchange. COVID-19 and its aftermath moved the country from cash to online payments. There are estimates that the companies capture all but 6 percent of the digital payment market with Alipay at 55 percent while WeChat Pay has 39 percent. The People’s Bank of China, the nation’s central bank that regulates financial institutions, has alleged the digital payment companies have used their strong positions to crush competition, sources told the news service.įor more than a month, the government’s antitrust watchdog has been gathering information on Ant Group’s Alipay, the online payments arm of Alibaba Group Holding Ltd., China’s eCommerce superstore, and WeChat Pay, a division of Tencent Holdings Ltd., Reuters reported. China’s State Council’s Anti-Monopoly Commission is considering investigating Alipay and WeChat Pay, two of the county’s biggest online payment and money transfer platforms, Reuters reported. |
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