Alipay's New Delegated Investment Product Halted for Non-Compliance
A new delegated investment product, "Jinxuan Investment," launched by Alipay and other six institutions on January 4 this year, has been suspended.
1/14/20221 min read
Tag: #Alipay
Showing 12 of 130 posts with this tag
Alibaba Reports Strong Quarterly Financial Results
Alibaba Group announced its financial results for the first quarter of the 2020 fiscal year ended June 30, 2019. The Chinese tech behemoth had a strong quarter across the board, beating estimates on revenue and earnings despite the uncertain market conditions due to the US-China trade tensions.
Ant Group Spends $8.9 Million to Establish Info Tech Company
On Wednesday, Tianyancha revealed that a wholly-owned subsidiary by Ant Group was formerly established. The new subsidiary has been named Ant Suosuoshu (Hangzhou) Information Technology Co., Ltd.
Alipay Sets up Independent Search Department Headed by Taobao Veteran Yuan Huaibin
Alipay has recently carried out a round of internal organization restructure where the search business is now an independent business division headed by Yuan Huaibin.
Tuya Smart and Alipay Release Digital Business District Solutions
Tuya Smart, an IoT development platform, and Alipay, an online payment platform owned by Alibaba, held a launch event in Hangzhou on Tuesday, announcing a hotel-centered digital business district solution.
Passengers Can Now Order Takeout While Taking the Chinese High Speed Rail with Alipay Integration
According to recent news, starting July 17th, passengers taking the G and D EMU (electric multiple unit ) trains will be able to make meal orders through the 12...
Ele.me is Now Available on Alipay’s Home Page
On October 16, Ele.me announced it would run food-delivery service on Alipay and Koubei, preceded by its consolidation of Baidu’s food delivery unit—Baidu Takeo...
Ant Financial Is Going to Release A Malaysian Version of Alipay
On July 24, Ant Financial announced the signing of an agreement with Touch'n Go (TNG), a company directly affiliated with the CIMB Bank. A joint venture company...
Paypal Eyeing Chinese E-commerce Business, Strives for Payment License in China
PayPal has been negotiating incessantly with Chinese regulators for the past four years to obtain a payment license to enter the large market, as The Paper repo...
8/13/20182 min read
Number of ATMs in China Now Less Than One Million in Age of Mobile Payment
According to the latest PBoC report on the overall operation of payment systems during the second quarter of 2021, the number of automatic teller machines (ATMs) in the country has fallen below one million.
9/16/20212 min read
WeChat Rolls Out Credit Scoring System
WeChat has officially rolled out a personal credit rating system to determine the trustworthiness of users.
6/5/20202 min read
Alipay Upgrades Jiebei Function as Credit Loans Now Served by Banks
Recently, some Chinese netizens have found that "Jiebei" within the Alipay app is now "Credit Loan," showing that the services are now explicitly provided by banks.
11/9/20213 min read