... platform, Alipay. After Alibaba launched its money market fund, Yu’e Bao, in June 2013, it began reinvesting its Alipay customers’ unproductive micro-deposits. By the end of 2015, the Yu’e Bao fund ma ...More
EJ Insight2016-10-14
... services, Alipay held 47.5 percent of the market while Tenpay captured 20 percent, and UnionPay, the only service developed by the banking community, had 10.9 percent. As a result, SOEs, which have lo ...More
EJ Insight2016-08-29
... settings. Alipay, which is often referred to as Paypal with Chinese characteristics, handles internet transactions as a third-party guarantor, and deals with finance and investment. Alipay can be desc ...More
EJ Insight2016-08-26
... t China’s Alipay deftly requested its partners to boycott the US rival, which explains Apple Pay’s still low penetration north of the border. Discounts, offers and bugs Supposedly, it’s a breeze to se ...More
EJ Insight2016-07-21
... to allow Alipay's more than 450 million customers to use its digital-payments app while traveling internationally. "Ant Financial is dedicated to promote inclusive financial services in China and bey ...More
EJ Insight2016-06-20
... lets like Alipay's account for 58 percent of e-commerce purchases. With 63 percent of e-transactions in the Asia-Pacific set to be via non-card methods by 2019, it’s no surprise that the rise of insta ...More
EJ Insight2016-05-18
... hose with Alipay, must now be linked with an account at a mainland bank. There are more than 1.4 million users of the Taobao e-commerce site in Hong Kong, and most of them don't have bank accounts in ...More
EJ Insight2016-05-17
... Group and Alipay (Hong Kong) Investment, which is part of Alibaba Group Holding Ltd.'s Ant Financial Services Group. The share offering is set to be priced on March 21, with a debut on the Hong Kong s ...More
EJ Insight2016-03-14
... ng Ltd.’s Alipay payments service spent as much as 800 million yuan (US$122 million) sending red packets to viewers of mainland China's widely televised Spring Festival Gala. Internet has increasingly ...More
EJ Insight2016-03-02
... pete with Alipay and WeChat Pay. Apple is mired in a legal battle with the US government over unlocking an iPhone used by one of the San Bernardino attackers. If it loses, will Apple allow Chinese aut ...More
EJ Insight2016-02-25
... s Group's Alipay, an affiliate of Alibaba Group, currently controls 71.51 percent of the market, while Tencent Holdings' (00700.HK) Tenpay has 14.39 percent. Global tech giant Apple Inc. announced la ...More
EJ Insight2016-02-19
... Alibaba's Alipay Wallet for users of Tencent's WeChat so the two internet giants can both benefit from the party's blessings. Distributing red packets online – as against the traditional face-to-face ...More
EJ Insight2016-02-05
... Jack Ma’s Alipay has not come up with a more creative way of giving lai see remains a mystery. Well, at least it has yet to happen in Hong Kong. Other homegrown players like TnG and Tap & Go (simi ...More
EJ Insight2016-02-03
Surging online shopping transactions provide nourishment to Alibaba’s internet finance business. Starting from the third-party payment system Alipay, the company has extended its financial service bus ...More
EJ Insight2016-01-09
Shoppers can now use Alipay in over 120 Walmart stores in China, and the process takes only about two seconds. The US retail giant aims to make Alipay available in all its mainland outlets by the end ...More
EJ Insight2015-12-23
... Alibaba's Alipay Wallet and Tencent's WeChat Pay are clearly present in the subtext. UnionPay is just the latest big state-run company to feel the heat of private sector competition, which is shaking ...More
EJ Insight2015-12-15
... rough its Alipay electronic payments service that is part of its Ant Financial unit. There's no word as to how much either company will hold in its respective new Internet bank, though I do expect the ...More
EJ Insight2015-12-01
... n through Alipay or Weixin Payment. They don’t need to spend a lot of time in searching for and printing the coupons, and there is also no pressure of an imminent expiry date for the coupons. The merg ...More
EJ Insight2015-10-14
Chinese electronic payments service Alipay.com is taking its growing rivalry with state-owned behemoth China UnionPay to the global stage, with word of a major new move outside its home market. Alipay ...More
EJ Insight2015-09-08
