Alipay Archives - Page 8 of 12 - Inside Retail Asia

Yum China aims to triple outlets

Yum China, which becomes independent at the end of this month, says it can triple its number of restaurants.

Mobile payment a daily activity for Chinese

Mobile payment has become a daily activity in China with the mobile wallets of AliPay and WeChat dominant.

PayPal users buying online from China

A quarter of PayPal users – more than 40 million customers – bought from Chinese companies online last year.

Discovery Japan Mall opens online

Tokyo’s DigitalStudio has launched Discovery Japan Mall, a cross-border eCommerce venture.

Alibaba to take stake in Yum China

Yum! Brands has agreed with two partners to invest $460 million into Yum China, following its spinoff from the American fast-food giant.

Alibaba to take stake in Yum China

Yum! Brands has agreed with two partners to invest $460 million into Yum China, following its spinoff from the American fast-food giant. Also involved are China-based global private equity firm Primavera Capital Group and online and Alibaba subsidiary, mobile financial services provider Ant Financial Services Group, which runs the Alipay mobile payments platform. The spinoff and concurrent finalisation of the investment are expected to occur on October 31, with Yum China to start trading on th…

HKMA approves digital wallets for Hong Kong

Ant Financial and Tencent Holdings have the green light to introduce digital wallets for Hong Kong customers.

New Arrival app helps Chinese shop abroad

The New Arrival app aims to introduce Chinese travellers abroad to lesser-known boutiques abroad.

‘Super-shoppers’ dominating online retail

A Worldpay survey shows that high-spending, high-frequency “super-shoppers” dominate online spending.

Carrefour China concentrating on convenience

Carrefour China says it will concentrate on convenience store development for the rest of this year.

Alipay targets 1 million offline merchants

Alipay aims to partner with 1 million offline merchants so Chinese tourists can use its mobile wallet for shopping overseas.

New Ippin mall offers Japanese goods

Japanese eCommerce company C-Connect has launched the Ippin online shopping mall to sell to other countries.