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MasterCard on the move into mobile China

... d partner Alipay launched a similar service last month. That was also the month that MasterCard teamed up with rivals Visa Inc. (V.US) and American Express (AXP.US) to work on a new global standard to ...More

EJ Insight2013-11-19

Alipay e-wallet to be spun off as independent brand, paper says

Alipay e-wallet, the mobile payment service under Alibaba Group Holding Ltd.'s third-party online payment platform Alipay, will be spun off as an independent brand, Shanghai Securities News reported T ...More

EJ Insight2013-11-14

One single sale in November dwarfs a month on Amazon

... any’s own Alipay (like Paypal), so the total spending amount will be higher once all payment methods are tallied. (Alibaba doesn't sell merchandise but offers a sales portal for vendors through Tmall ...More

EJ Insight2013-11-12

Alibaba unit to give 40% stake to staff, statement says

...  platform Alipay. Alibaba Small and Micro Financial Services has no timetable for selling shares to strategic investors, the statement said. -- Contact HKEJ at [email protected] JP/RA   ...More

EJ Insight2013-11-01

The Big Picture: SOE REFORM

... Alibaba’s Alipay will also provide online payment services for the funds traded on Taobao. Thirty-two fund management firms have already set up home pages on Taobao, and 14 of them will be in the firs ...More

EJ Insight2013-11-01

Taobao gets nod to to sell investment funds online, paper says

... Alibaba’s Alipay will also provide online payment services for the funds traded on Taobao. Thirty-two fund management firms have already set up home pages on Taobao, and 14 of them will be in the firs ...More

EJ Insight2013-11-01

Yu E Bao's AUM grow 10-fold in 3Q, statement says

...  provider Alipay, and Tianhong Asset Management Co. Ltd. The fund has attracted 13.68 million subscribers who can earn 116.47 yuan in the third quarter in interest for every 10,000 yuan invested, the ...More

EJ Insight2013-10-28

Baidu investment product under scrutiny, paper says

... ter rival Alipay began to sell money market funds through its online payment platform early this year in partnership with Tian Hong Asset Management Co. -- Contact HKEJ at [email protected] RA ...More

EJ Insight2013-10-24

UnionPay ups the ante in internet finance battle

... ar, while Alipay is a distant second with 17.5 percent of the fast-growing pie.But Alipay has its edge in the online payment market. It reportedly controls about half of this sector, which is growing ...More

EJ Insight2013-10-23

Alipay to expand into Taiwan in 1H 2014, statement says

Alipay, Alibaba Group's third-party online payment platform, plans to offer its services in Taiwan in the first half of next year to expand its international user base, according to a statement posted ...More

EJ Insight2013-10-17

Alipay reengineers e-wallet for offline payments

Alipay, the online payment unit of Alibaba Small and Micro Financial Services Group, will launch an e-wallet service for mobile phone users later this month so account holders can buy goods at vending ...More

EJ Insight2013-10-17

The Big Picture: ONLINE FINANCE

...  provider Alipay, an Alibaba unit which has 800 million registered accounts, launched a new fund and payment platform called Yu E Bao to help Alipay customers invest their spare cash into a money mark ...More

EJ Insight2013-10-10

Alibaba taking stake in financial services firm, WSJ says

... ompany of Alipay, Alibaba's online payment service affiliate, will hold 51 percent of Tianhong, according to a filing with the Shanghai stock exchange on Wednesday by Tianhong shareholder Inner Mongol ...More

EJ Insight2013-10-10

POLICY WATCH: Clearing the way for cross-border online trade

... s such as Alipay and Tenpay are expected to enjoy robust growth in these settlements as consumers opt to settle charges via local bank accounts rather than through credit cards such as Visa and Master ...More

EJ Insight2013-10-04

Alibaba's Laiwang aims to attract 100 mln users, spokesman says

Chinese e-commerce giant Alibaba Group aims to boost the number of users for Laiwang, its instant-messaging app, to 100 million from the current one million, a company spokesperson said in an email to ...More

EJ Insight2013-10-03

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