Two New Money Market Funds Join Ant Financial's Yu'e Bao Platform
On May 3rd, Alipay announced the addition of two new money market funds to Yu’e Bao, the idle funds management platform within the Alipay app with the world's l...
5/4/20183 min read
Tag: #Alipay
Showing 12 of 130 posts with this tag
The Tmall "Auto Vending Machine" Is Expected to Be Launched This Year
Within about 20 minutes, Devin had placed an order on Tmall and purchased a new car by using the "auto vending machine." Because his Sesame credit is higher tha...
Apple's Peripheral Services Set a New Record in China
On August 2nd, Apple released its Q3 quarterly data, among which, the growth of peripheral services is worth more attention. In Apple's Q3 data, the revenues o...
Alipay Launches Initiatives To Support Wuhan Businesses As City Comes Out of Lockdown
Alibaba’s online payment platform Alipay today announced a series of initiatives to support small businesses in Wuhan as the city emerges from lockdown.
Personal Payment Reception QR Codes in China Banned for Business Use
People’s Bank of China (PBoC) previously issued a notice, stipulating that personal payment reception QR codes cannot not be used for business, but can still be used normally for non-business scenarios.
Chinese Capital Mergers with US Companies Fall 80%, Ant Financial Halts MoneyGram Acquisition
MoneyGram International and Ant Financial announced they had formally terminated their planned merger on January 3. Ant Financial will pay MoneyGram $30 million...
Alibaba Surpasses 3Q Estimates With 41% Climb in Revenue
On Jan. 31, Alibaba Group announced its financial results for the quarter ended on December 31, 2018. For the past quarter, Alibaba has achieved a revenue of $17,057 million, with a 41 percent year-on-year growth.
JD.com Officially Enters the Real Estate E-Commerce Business
On September 18, Zeng Fuhu, former VP of Sohu net and GM of Sohu Focus, confirmed to All Whether TMT that he officially joined JD.com at the end of July and ser...
Ant Financial CEO Presents Company's New Development Strategy
On Sept. 17, Ant Financial announced the company’s technological capabilities, growth strategy, and planned partnerships with financial institutions in hopes of...
Can Jack Ma win the looming war between Alibaba and Amazon?
Can battle-tested and awe-inspiring Amazon and Jeff Bezos beat Alibaba and Jack Ma? A “historical” turning point is seemingly at hand: Alibaba could soon top A...
Alipay Announces the Launch of A New International Version
On August 17th, it was announced at the 2023 Alipay Partner Conference in Hangzhou that Alipay will launch a new international version.
Tencent, Alibaba fight for share in India's mobile payment
The war between Tencent and Alibaba has spread to India. This time, they're wrestling over mobile payments. Indian chat app Hike Messenger, which Tencent inves...