In an effort to strengthen the economy in hamlets and small cities, China is looking to make mobile payments commonplace in rural places prior to...
As Hong Kong gears up to roll out digital banking licenses, a few of the largest banks in the world are set to compete with...
Alibaba, the Chinese eCommerce giant, has increased its stake in China International Capital Corp. to close to 12 percent, reported Reuters. Alibaba purchased 117 million...
To serve travelers from China who want to shop in-store and online, retailers thousands of miles away from Asia are accepting Alipay in brick-and-mortar stores...
One of the hottest battlegrounds in eCommerce these days — and that includes global, multi-pronged, behemoth eCommerce operators — is a firm in the physical world,...
Ant Financial, the Chinese financial services affiliate of Alibaba, has inked a deal to acquire WorldFirst, the U.K. payments company. According to a report in Bloomberg,...
Alipay’s mobile payment platform will now be available at thousands of Walgreens locations throughout the U.S. “Walgreens is focused on making shopping more convenient for...
To keep revenues growing, tap new markets. To that end, a number of tech startups in China, eyeing a slowing economy at home, are raising...
Alibaba Group Holding posted mixed results for the period that ended in December, slightly missing top line expectations while beating bottom line projections. The company...