alipay
Alibaba Group’s Sophisticated Game of Monopoly
44 percent of global sales come through a number of Chinese-owned companies, which in order of ranking include Taobao, Tmall, Jd.com and Pinduoduo. Read MoreAre Luxury Brands Losing The Battle Against Alibaba’s Counterfeiters?
Jing Daily recently discovered that Taobao’s algorithm goes as far as promoting counterfeit goods through mobile payment app Alipay. Read MoreWhat Can Luxury Learn from Group Buying?
Group buying is back, and as luxury brands struggle to connect with consumers on the mainland, can they learn from this dynamic e-commerce trend? Read MoreWill China’s New Digital Currency Threaten The Dollar’s Reign?
China is steadily moving towards a digital currency, which would disrupt the dominance of online payment providers like Alipay and WeChat Pay. Read MoreCan Meituan Go From Delivering Groceries to Delivering Luxury Products?
Meituan, a popular Chinese group buying website famous for delivering groceries, is battling Alibaba over payment platforms and other markets. Read MoreWhat Would a Possible Antitrust Investigation into Alipay and WeChat Pay Reveal?
China’s top antitrust agency is looking into whether to launch a probe into the country’s largest online payment platforms. How would this affect retail? Read MoreJoanie Xie Connects US Companies To 900 Million Consumers In China
Joanie Xie, head of the US office at the fintech company, Ant Financial, spoke with Jing Daily about new challenges in a post-pandemic world. Read MoreLuxury Brands Take Action as Coronavirus Spreads
A series of brands are offering help against the deadly coronavirus in China, which, for local consumers, is a great show of respect for their country. Read MoreAlibaba Promotes “Greener” 11.11 Shopping Festival, But Criticism Remains
Alibaba-invented Single’s Day offers an online shopping frenzy, but one area that has gotten less scrutiny is the environmental impact of the event. Read MoreAmazon vs. Alibaba: Everything You Need to Know About the Two Biggest E-tailers
The world’s two largest e-tailers, Alibaba and Amazon, are viewed as rivals engaged in a global showdown, but the reality is far more complex. Read More