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Analysts said that as Womai is not profitable yet, it may choose to take a test other than that of profitability and could pass the hearing without many difficulties, but profitability remains a key for share price performance in the future.

And the battle is spilling beyond China's borders. Through acquisitions and partnerships with local payment networks and e-commerce vendors, both stand to offer cashless payment in 200 countries and regions.

Anais Mak, 28, founder of fashion label Jourden, designes a game app for one of her favourite Parisian retailers, Colette. [PHOTO BY RICKY JIANG/CHINA DAILY]

And US President Donald Trump has repeatedly stated his concerns about keeping large parts of the economy shut down. On March 23, he tweeted: "We cannot let the cure be worse than the problem itself." And, he announced that he would appoint a bipartisan council of business and medical experts to determine when parts of the US economy will be able to reopen.

And now the company is doubling down on those online efforts, opening a new 15,000 square-foot engineering and development center in downtown Seattle. The hip office, on the cusp of Pioneer Square at 719 Second Avenue, is adorned with graffiti art, a ping pong table and, of course, urban cool office furniture direct from Staples.