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What Alibaba should keep in mind when doing business in HK

...  platform Alipay announced it has taken a 20 percent stake in Hong Kong-based food and restaurant review website OpenRice with the aim of transforming it into a mobile payment platform. Alibaba's real ...More

EJ Insight2018-01-18

China watchdog scolds Ant Financial over user privacy breach

China’s cyber watchdog has scolded Ant Financial, Alibaba’s payment affiliate, for compromising user privacy after many users of its Alipay service were automatically enrolled in its credit scoring sy ...More

EJ Insight2018-01-11

China restrictions to hit profits of payments firms

... ears with Alipay and Tencent’s Tenpay each accumulating over 500 million users. Client reserve funds are prepaid sums from buyers that are held temporarily by payment companies before they are transfe ...More

EJ Insight2018-01-08

Why Alibaba and Huawei face hurdles in global expansion plans

... rates the Alipay mobile payment platform. But the fund it manages has already exceeded the value of China Merchants Bank. Ant Financial has been planning for a long time to pursue a global expansion s ...More

EJ Insight2018-01-04

China steps up oversight on e-payments, online content

... f Taobao, Alipay and WeChat. Still, the rapid development and increasing clout of these tech platforms are keeping regulators on their toes. Authorities may feel they may need to introduce additional ...More

EJ Insight2018-01-03

LeTV’s former Asia-Pacific chief moves into fintech

... ch accept Alipay and WeChat Pay, use MobiCloud technology developed by the company. EFT is set to benefit from the booming e-payment market in Hong Kong where the number of players is increasing. On t ...More

EJ Insight2017-12-28

Alibaba, Midea roll out unmanned kiosks in New Retail push

... ith their Alipay app to unlock the machine to select goods. The machine will then register what has been picked up when customers close the door, automatically charging via Alipay, the digital payment ...More

EJ Insight2017-12-21

Meet Booqed, Hong Kong's Airbnb for office and commercial spaces

... ts giants Alipay and WeChat Pay. Booqed also helped find an office space for a Shenzhen-based startup, which has just received new funding, expanded its team to 30 and looked for a 6-month short-term ...More

EJ Insight2017-12-18

彈性短租 靈活應變 Booqed盡用空間價值

... 與阿里巴巴的支付寶(Alipay)及騰訊(00700)的微信支付(WeChat Pay)達成全球合作協議,讓網 ...全文

今日信報財經新聞StartupBeat 創科鬥室2017年12月18日

Online retail boom brings more shopping festivals

Alipay, the mobile payments unit of China’s Ant Financial Services Group, launched a major shopping event on Dec. 12, called the “Double 12” International Festival. More than 10,000 shops in Hong Kong ...More

EJ Insight2017-12-14

Consumers can't be forced into using new payment tools

... s such as Alipay that are hugely popular in China. This suggests Hong Kong people can also go their own way and do well without the Chinese mobile payment systems. In Hong Kong, about 20 million credi ...More

EJ Insight2017-12-11

Octopus steps up e-payment push

... yers like Alipay and WeChat Pay are expanding their presence in the Hong Kong market. The local mobile payment landscape would thus come to a turning point in the next two years as the rivalry among l ...More

EJ Insight2017-12-07

HK should learn from Kodak's downfall

... ices like Alipay and WeChat Pay. In Hong Kong, many consumers still refuse to use mobile payment tools on account of security concerns. Yet mobile payment has been quite popular not just in China but ...More

EJ Insight2017-12-01

Octopus launches QR code service targeting taxi drivers, hawkers

... s such as Alipay and WeChat Pay which are expanding rapidly in Hong Kong. Adrian Tam, a sales and marketing general manager at Octopus, pointed out that traditional Octopus cards were fast, with trans ...More

EJ Insight2017-12-01

Hong Kong should vie to become R&D hub

...  example, Alipay and WeChat Pay went directly for the retail market as soon as they entered Hong Kong. Local startups can hardly do the same thing. If the Hong Kong government is keen to innovate with ...More

EJ Insight2017-11-28

China payments: Time for HK firms to try their luck

...  likes of Alipay and Tenpay. Personally I have a sentimental attachment to the Octopus system as it was a pioneer two decades ago. Payment systems have made so much progress in the last decade that I ...More

EJ Insight2017-11-27

Hong Kong will embrace China’s mobile payment – eventually

Following their success in the mainland, China’s two largest mobile payment platforms, AliPay and WeChat Pay, are ratcheting up their expansion plans to Hong Kong. AliPay has been introduced in some w ...More

EJ Insight2017-11-24

港鐵12月中測試微信支付購票

... 場景之一,兩種貨幣的alipay wallet都能用。   ...全文

今日信報財經新聞2017年11月24日

Is Watsons ripe for a spin-off?

... ment with Alipay or collect online orders. It’s obvious that the retail experiment has to connect online and offline realms. Market players are still trying out the system. Amazon spent US$13.7 billio ...More

EJ Insight2017-11-22

Tencent turns to WeChat, games and deals for global strategy

... Alibaba’s Alipay, which dominate China’s digital payment market, have sought to expand their global footprint, although that push has so far been limited to payment services for Chinese outbound touri ...More

EJ Insight2017-11-21

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