Chinese e-commerce platform Vip.com recently published its unaudited financial report for the first quarter ended March 31, 2017 and the results exceeded the expectations of many Wall Street analysts.Read More
Banking & Payment
Google may be blocked in mainland China, but it's Android Pay mobile payment service has just launched in the freer environs of Hong Kong.
Chinese online shoppers now have an alternative means to pay for goods online.
U.S.-based Digital River, Inc. has signed a payments agreement with Chinese online travel company Ctrip.
U.S.-based NCR Corporation is expanding its Aptra OptiCash software to the Industrial and Commercial Bank of China Zhongshan Branch's network of 600 ATMs.
Japanese convenience store brand Lawson and Chinese third-party payment platform Alipay recently reached a deal to deploy mobile payment services at Lawson's retail stores.
U.S.-based digital money transfer provider Xoom Corporation launched their Chinese-language services to complement with the Chinese money transfer service they launched in February 2015.
Net 1 UEPS Technologies Inc. has acquired a 43.88% interest in Transact24 Limited, a specialist Hong Kong-based payment services company.
The supermarket retail giant Wal-Mart will be working in China with third-party payment provider Alipay and start supporting payments via Alipay in 25 outlets in Shenzhen.
Consumer transaction technology manufacturer NCR appointed Li Zhiming as new retail business unit general manager for Greater China.