JD Rumored To Invest In Indonesian E-commerce Company
China's JD is reportedly currently negotiating with PT Tokopedia, an e-commerce company in Indonesia, for a potential investment deal.
Softbank
Chinese Internet Behemoth Plans Retail Banks
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.
Alipay Joins Hands With Japanese Retailer On Trans-border Retailing
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.