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Pinduoduo, Gome Enters Into Partnership To Aid Retail Industry
China's Gome announced its initiative to raise millions of Hong Kong dollars through a convertible bond issue taken up by Pinduoduo. China's Gome announced its initiative to raise millions of Hong Kong dollars through a convertible bond issue taken up by Pinduoduo. -
Chinese Citizens May Purchase E-Vouchers Through Alipay
Chinese local government gave out e-vouchers for purchase by consumers through Alipay to promote economic activity in restaurants. Chinese local government gave out e-vouchers for purchase by consumers through Alipay to promote economic activity in restaurants. -
Alipay Aims To Tap Into 40 Million Service Providers Across China
Amid the ongoing economic slump, Ant Financial is accelerating its efforts to deepen the integration of its Alipay platform with China's service providers. Amid the ongoing economic slump, Ant Financial is accelerating its efforts to deepen the integration of its Alipay platform with China's service providers. -
AliPay-Klarna Collab To Improve Financial Services
Ant Financial purchased minor stakes of Swedish financial startup Klarna to innovate global financial services. Ant Financial purchased minor stakes of Swedish financial startup Klarna to innovate global financial services. -
OVO, WhatsApp, AliPay Seeking Bank Indonesia Regulation Approval
It was recently announced that using WeChat Pay in Indonesia is already legal while other fintech firms such as WhatsApp, AliPay, and OVO are also seeking the same regulation approval from the country's central bank. It was recently announced that using WeChat Pay in Indonesia is already legal while other fintech firms such as WhatsApp, AliPay, and OVO are also seeking the same regulation approval from the country's central bank. -
Chinese Fintech Firms Enter Indonesia Market
WorldRemit Corp. announced that it would engage in a partnership with Alipay to provide international remittances to over 50 countries worldwide. WorldRemit Corp. announced that it would engage in a partnership with Alipay to provide international remittances to over 50 countries worldwide. -
Leverages AliPay With Rapid Expansion Into Consumer Lending
US credit card companies who wish to enter China's market find Ant Financial's AliPay as its strongest competitor who offers cardless digital payments to Chinese millennials. US credit card companies who wish to enter China's market find Ant Financial's AliPay as its strongest competitor who offers cardless digital payments to Chinese millennials. -
Ant Financial Joins Rivals In Bid To Acquire Singapore Digital Banking License
Ant Financial, startup gaming company Razer, and ride-hailing firm Grab applied for licenses offer virtual banking services in Singapore in the same week. Ant Financial, startup gaming company Razer, and ride-hailing firm Grab applied for licenses offer virtual banking services in Singapore in the same week. -
Alipay Forms Strategic Partnership With Cambodia's DaraPay
Alibaba Group's Alipay has formed a strategic partnership with Cambodia's DaraPay to make its services available in the country. Alibaba Group's Alipay has formed a strategic partnership with Cambodia's DaraPay to make its services available in the country. -
Chinese Mobile Payment Giants Open Access For Visiting Tourists
International tourists can now use Alipay and WeChat Pay for their transactions in the country through international versions of the apps. International tourists can now use Alipay and WeChat Pay for their transactions in the country through international versions of the apps.