Till 16 October in China, total number of Alipay Wallet’s active users exceeded 190 million and the daily mobile payment transaction volume exceeded 45 million, accounting for more than 50% of total Alipay transactions.
China Top 7 WiFi Management Mobile Apps in August 2014
With technology pushing toward wireless environments, you need to have wireless management in place to guarantee the reliability, security and performance necessary to optimize your environment. Here are top 7 wireless management mobile apps in China in August 2014.
China Top 4 Online Payment Mobile Apps
Alipay’s mobile app exceeded 61.339 million MAUs in August 2014 in China according to EnfoDesk, remaining the most popular mobile payment app, followed by that of Bestpay, Tenpay and Lakala. In comparison, the top three online payment providers in the first quarter of 2014 were Alipay, Tenpay and Unionpay by total mobile transactions who together represented over […]
China Online Payment Market Overview for H1 2014
Alipay still dominates China’s mobile payment market in Q2 2014 as it does in online payment market. In addition, more players have entered the market including Baidu.
Alibaba IPO Roadshow Presentation Videos
Alibaba Group, China’s e-commerce giant, profit tripled to $2 billion in Q2 2014, and it is raising $21 billion in an IPO and here are six videos helping you have a better understanding of its marketplaces.
Alipay and Huawei Launched Finger Payment Standard in China
Alipay partnered with Huawei and launched finger payment standard in China, which will be first available on Huawei’s smartphone Mate 7.
Taobao & Yu’E Bao Offers Money-making “Tour Packages”
Alipay Yu’e Bao and Taobao Trip launched Lvyou Bao, or “travel treasure”, a travel product with investment benefit. How it works: Consumers pay for travel service on Taobao with Yu’e Bao after which the paid money is not in fact spent but “frozen” until consumers confirm the travel service. During the “frozen” period, consumers can […]
China’s Third-party Internet Payment Exceeded $302B in Q1 2014
China’s third party internet payment totalled RMB1873.15 billion (USD 302.71 billion) in Q1 2014, with a YoY growth rate of 84% according to iResearch.
Alipay Offering Fingerprint Payment Partnering with Samsung
Alipay announced its cooperation with Samsung Galaxy S5 to offer Alipay users payment by fingerprint.
Alipay Offering $3+ Insurance for Mobile Phone Screens
Alipay is actively expanding its business into insurance businesses with new version 8.2 offering four types of insurance packages.
Alipay to Provide Chinese Tourists Tax Refund Service in Europe
Alipay has recently reached a cooperation agreement with Global Blue in which Chinese tourists can use Alipay for tax refund while shopping in Europe according to Sina Tech News. The details of the service will be announced in mid July. There are over 5,000 merchants from France, Germany, etc. at the beginning and the service […]
INFOGRAPHIC: Brief History of Alipay Yu’E Bao’s Rapid Development in China
Alipay’s Yu’E Bao, linked with monetary fund, is a value added service of Alipay serving as an alternative investment way for China internet users. It’s been launched for a little over one year; let’s take a look at its journey of rapid development.
Weibo to Open Up Weibo Payment This Month
Weibo has announced this morning to open up its Weibo Payment for third parties, including enterprises and individuals. Weibo Payment was launched this January, co-developed by Weibo.com and Alipay.
China’s Top Online & Mobile Online Payment Providers in Q1 2014
Total online payment market in the first quarter of 2014 reached 1.96 trillion yuan, a growth rate of 5.1% QoQ. The top three providers, Alipay, Tenpay and Unionpay represent over 80% of the total.
PWC: 14% Chinese Shopping Online Everyday
PricewaterhouseCoopers released a report on April 8 2014, which found out that Chinese consumers ran ahead of global consumers in online shopping, especially in mobile shopping.