... ment with Alipay.com Co. Ltd. According to a regulatory filing, Fujian Star-net will offer a platform that will allow users of its Karaoke TV system to pay through Alipay's online payment products. In ...More
EJ Insight2014-03-14
Alibaba Group unit Alipay and Tencent Holdings Ltd. (00700.HK) said on Tuesday that they will cooperate with China CITIC Bank Corp. Ltd. (00998.HK, 601998.CN) in virtual credit cards, China Securities ...More
EJ Insight2014-03-12
... anks like Alipay have been growing fast. BEA will seek to enlarge its client base and engage in more cross-border businesses to absorb renminbi, Li said, adding that the bank's China subsidiary is pla ...More
EJ Insight2014-03-10
... vealed by Alipay, Alibaba's online payment services unit, recently. Yu’E Bao collects 0.63 percent fee in each transaction. Of that fee, 8 basis points goes to CITIC Bank as custodian fee. Twenty-five ...More
EJ Insight2014-02-27
... rs of the Alipay online payment service, as "a devil and a parasite" in the finance industry. Writing on his personal blog, Niu said the online fund has been luring clients by promising high yield rat ...More
EJ Insight2014-02-25
... o-founder Alipay said the fund's annual fees came to 0.63 percent of assets rather than the 2 percent Niu characterized as profiteering, the report said. Wang Dengfeng, a fund manager at Beijing-based ...More
EJ Insight2014-02-24
... 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 Insight2014-02-20
... ao allows Alipay account holders to use money parked in the accounts to be invested in the fund for a return well above the usual deposit rate. Alipay is Alibaba's third-party payment service, and buy ...More
EJ Insight2014-02-20
Alibaba Group units Taobao.com and Alipay are teaming up with Hong Kong-based Octopus Cards Ltd. to jointly launch an online payment service, becoming the first smart card payment solution deploying N ...More
EJ Insight2014-02-18
... ear. Each Alipay customer can subscribe to up to 2 million yuan (US$328,000) of the new product. The high level of interest might prompt Alibaba to increase the issue from the original 300 million yua ...More
EJ Insight2014-02-10
Alipay, China's leading third-party payment platform, announced Saturday that it has become the largest mobile payment provider in the world, Xinhua news agency over the weekend. The company claims th ...More
EJ Insight2014-02-10
... 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
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
... 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
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
... 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
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
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
... 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
... 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
