ant financial
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 More
Are 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 More
Joanie 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 More
Alipay Transactions Soar 5-Fold On May Holiday Weekend, Show Global Growth
East Asia remains by far the payment app's strongest region by transaction volumes. Read More
The Risk of Renting Luxury Fashions to Chinese Millennials
Jack Ma has made sizable investments in the emerging luxury sharing economy. But are young Chinese who've never owned a credit card worth the risk? Read More
The Chinese Tourist Was Front and Center for Alipay and WeChat Pay in 2017
It’s hard to understate how ubiquitous mobile payments have become in China. Everything can be purchased through Alipay and WeChat by scanning a QR code. Read More
Alipay Targets Japan for ‘Export’ of Chinese Mobile Payments
Alipay plans to release a mobile payments platform, newly branded and catered to Japanese consumers by next spring, a first for the company. Read More
Alibaba Consolidates Position in Travel Market with Marriot Partnership
Alibaba and Marriot are launching a joint venture to boost their positions in both the outbound and domestic Chinese travel market. Read More
Apple Makes Push in China with Big Discounts for Apple Pay Users
Apple Pay is attempting to expand its share of the Chinese mobile payments market through big discounts at online and brick and mortar retailers. But can it compete with WeChat Pay or Alipay? Read More
WeChat Pay Continues its Global Push with New Strategy in Malaysia
Tencent hopes that by allowing Malaysians to link local bank accounts to WeChat Pay, more firms will use its service and facilitate Chinese tourism. Read More
