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Why regulation needs to catch up with internet finance

... gs. Also, Alipay has tackled the issue of the counter-party risk in online transactions, while Yuebao has fixed the return of remaining funds. However, China’s financial regulation has lagged far behi ...More

EJ Insight2015-05-06

Tencent unit teams up with BEA to take on Alibaba's MYbank

... t service Alipay, MYbank will be a tough rival for Tencent and BEA, as Alipay owns the most comprehensive data about mainland internet shoppers and small businesses. MYbank plans to offer services lik ...More

EJ Insight2015-04-21

Banks give out red envelopes amid internet challenge

... s such as Alipay and WeChat. The banks’ enthusiasm to embrace the online trend reflects an important development in the financial industry. Banks are trying all means to court depositors amid mounting ...More

EJ Insight2015-02-17

Alibaba's Ma says no timetable for financial arm IPO

...  fold the Alipay payment processing and financial services unit, the Wall Street Journal reported. "I think Ant Financial should go public but it is still a baby," Ma was quoted as saying in Hong Kong ...More

EJ Insight2015-02-03

Sina Weibo eyes HK retailers to boost online payment business

... ng Ltd.'s Alipay system to provide the payment function for its Weibo users. The company also received equity investment from Alibaba in January this year. Mainland smartphone producers, such as Xiaom ...More

EJ Insight2014-12-22

Mobile payment driving Alipay deals

Alipay, the third-party payment unit of Alibaba Group Holding Ltd., gets more than half of its business from mobile transactions. It has more than 300 million users, of whom 54 percent use a mobile de ...More

EJ Insight2014-12-09

Guess what's keeping the mainland youth busy?

... oney from Alipay accounts to play the stock market. So is it a mad bull run in the making? Or is the 20 percent rally a sign of an over-brought market? As people scramble to open new accounts, is it a ...More

EJ Insight2014-12-08

Kuaidi gears up for HK luxury car booking service

... work like Alipay in China, with the credit card info bundled with the application to make payment. The next step would be with the Octopus card. Lee said his firm will wait until Octopus introduces e- ...More

EJ Insight2014-11-26

Alibaba eyes payment partnership With Apple

...  service, Alipay, has 300 million active users, Ma said during an interview at the WSJD Live global technology conference in California on Monday night. Apple jumped into payments this month with the ...More

EJ Insight2014-10-28

Alibaba sets up micro finance arm

... including Alipay, Yuebao, Zhaocaibao, micro-lending as well as online banking, the report said. Peng also revealed that the company is planning to add social networking services for Alipay to better c ...More

EJ Insight2014-10-17

Alibaba in talks for HK version of Yu’E Bao money market fund

Alibaba is looking to start a Hong Kong version of its popular Chinese money market fund, which pays higher rates on renminbi deposits than are available on conventional accounts. Its Alipay financial ...More

EJ Insight2014-09-29

Tim Cook and Jack Ma eye closer ties after Alibaba IPO

... ss as its Alipay is China's most popular mobile payment platform. The iPhone maker has cooperated with global payment technology companies Visa, MasterCard and American Express on its mobile payment b ...More

EJ Insight2014-09-08

HK Taobao logistics deal offers customers savings on fees

... like PPS, Alipay purchase card, and credit cards. --Contact the reporter at [email protected] JL ...More

EJ Insight2014-08-20

Kasikornbank touts benefits in tie-up with Alibaba.com, Alipay

... ment with Alipay, a payment service provider affiliated to Alibaba.com parent Alibaba Group, Kasikornbank said in a statement Thursday. An integration between the Alipay platform and Kasikornbank's K- ...More

EJ Insight2014-08-14

Alibaba sells loan unit to Alipay parent

In a restructuring ahead of its expected initial public offering, Alibaba Group Holding Ltd. is selling its small-business lending entity to the company that controls payments affiliate Alipay, the Fi ...More

EJ Insight2014-08-13

Starbucks' espresso express to a digital payday

... Alibaba’s Alipay and Tencent’s Tenpay system. – Contact the writer at [email protected] SK ...More

EJ Insight2014-07-22

World Cup widows protest in Shanghai

... s or used Alipay to bet on the games, often got drunk, and wouldn't talk to them unless the topic was World Cup. Ladies, just a few more days and your suffering will be over. Your partners will come b ...More

EJ Insight2014-07-09

Shaolin Temple eyes kung fu mobile game

... ders like Alipay and online shopping players such as Taobao and Tmall, the report said. -- Contact us at [email protected] EL/AC/CG ...More

EJ Insight2014-07-07

What Weibo can teach Twitter about turning an e-commerce buck

... Alibaba's Alipay in January to launch a third-party payment product called Weibo Payment, allowing the platform's users to buy products via notifications on the site. The service was limited at the st ...More

EJ Insight2014-07-03

US-China spying row helps Alibaba cloud unit

... nched its Alipay business around ten years ago. Alibaba should thank the US for expanding its cloud system business. The confrontation between the US and China has been escalating over the past month ...More

EJ Insight2014-06-03

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