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Walmart, JD.com invest USD500 mn in Chinese logistics

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09-Aug-18 Logistics services company Dada-JD Daojia has raised USD500 mn from existing backers JD.com and Walmart to quicken the growth of its delivery network across China. Walmart has been pushing to integrate its retail network in China. [image: South China Morning Post]

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American Asian supermarket chain adopts Alipay

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29-Jun-18 One of the largest Asian supermarket chains in the United States, New York-based 99 Ranch Market, will soon begin accepting mobile payments via Alipay, a third-party mobile and online payment platform developed and owned by China-based Ant Financial. [image: Progressive Grocer]

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