Alipay: March Inbound Payment Consumption Increased Tenfold Year-On-Year
In March 2024, the cumulative transaction amount of overseas guests using Alipay in China increased nearly tenfold compared to March last year.
Tag: #Alipay
Showing 12 of 130 posts with this tag
QR Codes are Back and They are Spreading Outside China
Not only do the Chinese hold QR codes dear to their hearts, but they are also pretty successful at convincing the rest of the world that their new-found love is not just a one-time fling. It’s meaningful, reasonable and is going to last.
Huawei Obtains Vital Mobile Payment License Through Acquisition of Sharelink
Huawei gained a mobile payment license after purchasing full control of Sharelink Network Co., a licensed digital payment firm.
3/29/20213 min read
Alipay Plans to Become the Ultimate Superapp and Other Superapps Shouldn’t Fall Behind
Simon Hu, CEO of Ant Financial, Alipay’s rebranded parent company, announced that Alipay plans to upgrade from merely a financial service platform to a digital life service platform within the next three years.
China’s Fintech Giant Ant Group Wins Approval From Top Securities Regulator for HK IPO
Chinese fintech giant Ant Group has won approval from China’s securities regulator for its initial public offering in Hong Kong.
Can WeChat Payment and Alipay replicate their successes in Southeast Asia?
China has rapidly developed into the world's long-standing leader in mobile payments. Foreigners visiting China are always surprised by the prevalence of conven...
Alipay Unveils RMB 1 Billion Initiative to Support Women’s Football in China
On July 5, Alipay announced an initiative to support the long-term development of women’s football in China, planning to allocate RMB 1 billion over the next decade.
7/5/20192 min read
Tencent Incubates New Financial Product Fenfu to Take on Ant Financial’s Huabei
Chinese tech giant Tencent is incubating a financial credit product named Fenfu, which functions similarly to a credit card, and is expected to become available through the company’s instant messaging app WeChat.
9/16/20192 min read
In China, McDonald's and KFC are fighting for a larger slice of the domestic pie
After nearly three decades of fighting, the competition between KFC and McDonalds in China is likely to heat up, because of its newly gotten “Chinese” identity....
Alibaba's Financial Report - Best Fiscal Year with $39.3 Billion in Revenue
Alibaba's financial report for the past quarter (January 1 to March 31, 2018), and for the fiscal year of 2018 has just been published by Alibaba Group Holding ...
OPPO and Alipay Establish A Joint Innovation Lab
On January 11th, OPPO announced the establishment of a joint innovation laboratory with Alipay.
Cashless society will never appear in China, but a new era has come
It is reported that according to some analysts, China, the first country that used paper banknote in the history, now with the surge in mobile payments, may bec...