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China Had 564 Million Netizens By End Of 2012; Fewer Using Desktop Computers...

China Internet Network Information Center recently published its 31st Internet survey report, stating that by the end of December 2012, the number of Internet users in China had reached 564 million and...

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China’s Taobao.com Bans Sales Of Bitcoin-related Products

Chinese C2C e-commerce website Taobao.com formally published an online notice stating that starting from January 14, 2014, the website will ban the sale of Bitcoins as well as Bitcoin mining machines....

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Alibaba Throws Money At Internet Privacy

Hu Xiaoming, Alibaba's vice president for small- and micro-financial group and chief risk officer, announced in Beijing that the company will invest CNY40 million to establish a security fund. The...

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China Post Invests CNY100 Million In Mobile Payment Services

China Post plans to invest CNY100 million to build an electronic payment platform for mobile phone and Internet payment services. The People's Bank of China has already accepted a related application...

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Chinese Internet Shoppers Gain More Payment Options For Overseas Buys

Chinese Internet payment service provide Alipay has reached a deal with American online payment company Stripe to provide enhanced overseas shopping payment experience to Chinese users. With the...

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Alipay, Huawei Team For Fingerprint Payment Development

Alipay and Huawei announced that the two parties have worked together in the launch of standard solutions for fingerprint payment in China. In this partnership, Alipay is responsible for creating more...

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BTCChina Forges Bitcoin Deal With Chinese E-commerce Sites

Chinese Bitcoin exchange website BTCChina has reached a strategic deal with e-commerce providers, including online game service provider Shenzhoufu.com; Internet P2F financial management website...

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China’s Alipay Will Provide Internet Payment Services To Gilt

The international shopping website Gilt announced that the company formally introduced Alipay as a new payment channel. This makes Gilt the latest overseas shopping website partner of Alipay following...

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China UnionPay Rumored To Soon Launch Mobile Payment Service For Android...

China UnionPay has reportedly decided to launch a mobile payment service named "AndroidPay" for Android smartphones. According to reports in Chinese local media, several information sources confirmed...

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Tencent Takes Aim Against Mobile Viruses

With news this week of malware infesting Apple mobile apps and a new mobile virus infecting Chinese users' smartphones, more scrutiny is being placed on Chinese technology firms to help protect...

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Chinese E-Commerce Eyes Stability During Year’s Biggest Shopping Day

In the West, today is the remembrance of the end of World War One. But in China, November 11 is Singles' Day and the entire country has prepared for an online sales onslaught. In 2014, Alibaba posted...

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Who Are Apple Pay’s Partners In China?

Today marks the beginning of Apple Pay's entry into China, a country that Steve Jobs never visited as company chief …

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Alibaba Bets On Chinese Lottery In Latest Acquisition

Alibaba's Alipay affiliate controls how Chinese netizens spend their money; and now Alibaba Group owns a lottery operator and controls …

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Does Alibaba’s Move Have The Power To Forge Better Indo-China Ties?

Alibaba president J. Michael Evans recently told Indian local media that the group plans to enter the Indian e-commerce market …

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Suguo Stores Begin Supporting Apple Pay In China

Jiangsu-based supermarket chain Suguo announced that its 1,500 owned stores in Jiangsu and Anhui provinces, covering shopping plazas, community stores, …

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Baidu Wallet Expands Forex Payment Services Outside China

Chinese fintech companies are spreading globally, with Baidu Wallet the latest service to make offerings outside of mainland China. The …

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Tencent’s Qkey Promotes Its Secure Payment Authentication

Chinese Internet company Tencent launched its smart bracelet product named Qkey with a feature that grants the user payment authentication …

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Samsung Links Online Payments With China’s Alipay

Samsung's payment service Samsung Pay and Alibaba's payment service Alipay announced an interoperability deal that allows users to complete payments …

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Ant Financial To Acquire 20% Stake In Thai Payment Company

Alibaba's financial subsidiary Ant Financial reportedly plans to acquire a 20% stake in Ascend Money, an electronic payment and small …

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China’s Baidu Makes American Blockchain Investment

Chinese search engine Baidu.com has made a fintech investment in an American blockchain company. U.S. Bitcoin start-up Circle Internet Financial …

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