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Baidu closer to realizing O2O ambition with Nuomi buy

...  with its Alipay and mobile Taobao e-commerce site. Tencent, on the other hand, gains advantage through its instant messaging application Weixin and Weixin Payment platform. Baidu’s ace is its locatio ...More

EJ Insight2014-01-29

Alipay to launch new financial product in Feb, paper says

Alibaba Group’s online payment arm Alipay is expected to launch a new financial product in mid-February, the Securities Times reported Wednesday, citing a company source. The product will be similar t ...More

EJ Insight2014-01-29

Taiwan warns Alipay O2O service illegal, paper says

... baba unit Alipay, which provides the so-called online-to-offline (O2O) payment service, has announced it will launch the service in Taiwan and Hong Kong. Taipei has yet to issue regulations and approv ...More

EJ Insight2014-01-24

Alipay extends O2O reach to HK, Taipei, CNR says

Third-party payment service provider Alipay announced Wednesday that it has extended its online-to-offline (O2O) payment service beyond the mainland for the first time to Hong Kong and Taipei, China N ...More

EJ Insight2014-01-23

Internet rivals take O2O fight to the streets

... rvices -- Alipay and Weixin, respectively -- to the real world. Both are subsidising cab drivers and passengers to encourage them to use their payment systems. Alibaba pays drivers 10 yuan for each Al ...More

EJ Insight2014-01-23

Alibaba fund may invest in PV power station, paper says

A monetary fund of Alibaba Group Holdings may invest in photovoltaic (PV) power plants to secure steady gains, the Shanghai Securities News reported Thursday, citing an unidentified source. Alipay, Al ...More

EJ Insight2014-01-23

Alipay, taxi app team up for big cash incentive ride, paper says

Alibaba's Mobile Alipay and taxi-booking app developer Hangzhou Kuaidi Technology Co., Ltd. said Wednesday that they are setting aside 500 million yuan (US$82.6 million) for a rewards scheme that give ...More

EJ Insight2014-01-22

WeChat plans to launch finance platform this week, paper says

... imilar to Alipay's Yu'e Bao, will be officially launched later this week, according to the newspaper. ChinaAMC Capital Management Ltd. is understood to be the first partner of WeChat's online fund pro ...More

EJ Insight2014-01-15

No threat to Alibaba, Tencent mobile payment platforms, for now

... a Group's Alipay and Tencent Holdings' (00700.HK) Weixin Payment -- are in a comfortable position and are unlikely to see their cheese being moved in the near future. Here is why. To start with, we kn ...More

EJ Insight2014-01-13

Sina, Alipay launch microblog payment service, paper says

Alipay, Alibaba's third-party payment platform, will begin offering payment services on Sina's microblog site, 21st Century Business Herald reported Wednesday. The service allows Sina users to make pa ...More

EJ Insight2014-01-08

Can Skyworth turn smart TV challenge into opportunity?

... nging its Alipay and other applications to the party. Meanwhile, Skyworth is also forming alliance with content suppliers and game makers to enrich its Coocaa platform. The smart TV industry is still ...More

EJ Insight2014-01-03

HKEJ Today: Highlights

... d. to its Alipay clients who opt to hold their payment account balance in the fund to earn higher yields, has topped 185.3 billion yuan as of the end of 2013. The fund, which was launched in June last ...More

EJ Insight2014-01-03

Alipay fund investment platform enters big league, paper says

Alipay, a third-party online payment platform in China, said on Wednesday that user numbers for Yu'ebao, the nation's first fund investment platform for online shoppers, reached 43.03 million by the e ...More

EJ Insight2014-01-02

Alipay, Taiwan bank in third-party payment deal, paper says

Alibaba Group’s Alipay and Taiwan Cooperative Bank Ltd. have agreed to launch a third-party payment service in Taiwan from April 1, Commercial Times reported Sunday. The bank, which has nearly 60,000 ...More

EJ Insight2013-12-30

China turns bitcoin digital currency into funny money

... sors like Alipay from doing business with bitcoin exchanges on Tuesday. The announcement puts the whammy on legitimate uses in China -- cheap, secure and efficient payments in the world's second large ...More

EJ Insight2013-12-18

Alipay taps into Beijing taxi payment market, Xinhua says

Alipay, Alibaba Group’s third-party payment service, will tap into the taxi payment market in Beijing, the official Xinhua news agency reported Thursday. About 5,000 Beijing taxis will be involved in ...More

EJ Insight2013-12-06

Why Ping An is the next big thing in mobile payment

... s such as Alipay, the mobile payment service of internet giant Alibaba Group, have the upper hand. Alipay commands nearly half of the third-party payment market in which more than a third of deals or ...More

EJ Insight2013-12-05

Alipay to waive fees for mobile platform users, paper says

Alipay, China's leading third-party payments service provider, will waive newly introduced commissions for transactions conducted via mobile platforms, in a bid to get more of its users on its mobile ...More

EJ Insight2013-12-04

Liquidity shortage hits bond funds, paper says

Bond funds are suffering from a cash crunch and falling returns amid fierce competition from high-yield products such as Yu E Bao, a money market fund promoted by Alipay, the online payment service of ...More

EJ Insight2013-11-21

Alipay coming soon to overseas shopping websites, Caixin says

Alipay, Alibaba Group’s online payment unit, plans to expand overseas by letting its users pay for the products they buy on foreign shopping websites directly through Alipay, news portal Caixin.com re ...More

EJ Insight2013-11-20

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