China

Alibaba sees 2019 revenue growth above 60 percent

Insights

04-May-18 Alibaba Group said it expects revenue growth for 2019 to hold above 60%, as it expands beyond e-commerce and pushes deeper into growth markets such as Southeast Asia. [image: South China Morning Post]

WorldFirst to enter Chinese payment market

Insights

03-May-18 The People’s Bank of China has received an application from international payment firm WorldFirst, for permission to conduct third-party payment business in China. The application marks a first for foreign-funded third-party payment institutions in China. [image: iStock / Asia Times]

E-retail, not e-commerce: China’s fast-changing fresh fruit market

Insights

02-May-18 In the fruit trade it pays to understand e-commerce platforms, so much so that Frutacloud CEO George Liu believes ‘e-retail’ is a better term for the phenomenon which is sweeping its way towards 20% penetration in the fresh produce market. [image: Fresh Fruit Portal]

Why payments will help drive China’s Big Tech

Insights

02-May-18 Whether it is buying retail companies or building a global fintech business that includes not just payments but also online banking, wealth management and insurance, investments being made by Alibaba and Tencent are expected to reap substantial returns. [image: My Stock]

Mobile payment increasingly popular in rural China

Insights

01-May-18 Mobile payment has become more popular in China's rural areas as Internet technology has made transactions faster and more convenient in remote places. Transactions through non-banking mobile payment services totaled USD6.8 tn in rural areas in 2017. [image: China Plus]

Alibaba sees 2019 revenue growth above 60 percent

WorldFirst to enter Chinese payment market

E-retail, not e-commerce: China’s fast-changing fresh fruit market

Why payments will help drive China’s Big Tech

Mobile payment increasingly popular in rural China

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