Ant Financial Archives - Inside Retail Asia

Chinese shoppers can now use Alipay at the Mall of Asia

Opening the way for Chinese to use Alipay at Mall of Asia stores is aimed at attracting more tourists to the mall – as well as the increasing locally based Chinese population.

AlipayHK reaches 2 million users, 50,000 merchants in its first year

AlipayHK has marked its first year claiming 2 million users and 50,000 merchants have signed up to its cashless payment services.

Alibaba buys World First, eyes Metro China investment

Alibaba subsidiary Ant Financial says it plans to buy UK-headquartered money-transfer company WorldFirst.

Alipay payments surge outside Mainland China

Alibaba’s Alipay payments outside Mainland China has skyrocketed during the country’s holiday season.

Apple China to take Alipay in stores

Apple China will accept Alipay in its stores – the first third-party mobile payment system to be accepted at any Apple stores globally.

Alibaba’s Hema supermarket chain ro ramp up roll-out

Alibaba’s Hema supermarket says it will open three stores in the Chinese city of Xian by the end of this year.

Alibaba set to lead $1bn investment in Ele.me

Alibaba Group is reportedly leading a US$1 billion investment round in Chinese mainland food delivery service Ele.me.

HelloPay merger sets up Alipay expansion

Alipay is set to expand in Southeast Asia through a merger of parent Ant Financial Services and HelloPay.

Alibaba plans technology boost

Alibaba plans to form independent R&D teams to build up core technologies to support up to 2 billion people in the future.

Alibaba expands offline with Bailian Group pact

A strategic partnership with Bailian Group expands Alibaba’s offline retail business.

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.

Alibaba rural focus to drive growth

An ongoing Alibaba rural focus has seen service centers opened in some 16,000 villages in 29 provinces, up from 1803 centers nearly 11 months ago.

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