Posts Tagged ‘ Softbank ’

Chinese Internet Behemoth Plans Retail Banks

Oct 26th, 2010 | By | Category: Banking & Payment

Rumors on the Internet revealed that the Chinese B2B e-commerce group Alibaba has set up a commercial bank subsidiary, which has gained the approvals of the People's Bank of China and China Banking Regulatory Commission.

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Alipay Joins Hands With Japanese Retailer On Trans-border Retailing

Jun 18th, 2009 | By | Category: Banking & Payment

Alipay, one of the largest independent third-party payment service providers in China, has formally reached an agreement with Marui Company, one of the oldest department stores in Japan.

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