Alibaba issued new usage stats on Monday (Dec. 8) and it appears that most of Alipay’s transactions are now mobile, albeit just barely at 54 percent. The new figures, which examined 2014 purchases through October, reflect a sharp increase for China’s mobile purchase acceptance. Last...
South Korean bitcoin exchange Korbit has cut a deal to accept bitcoin for one of the biggest media and entertainment companies in Asia, Bitcoinist reported on Monday (Dec. 1). The Vingo video-on-demand service, which is owned by giant Korean business conglomerate CJ Group, will be...
Rocket Internet’s Lazada has raised a whopping €200 million — almost $250 million — that it will use to nail down its position as a dominant force in ecommerce in Southeast Asia, according to VentureBeat. Lazada calls itself Southeast Asia’s “largest online shopping mall,” which...
Hard to believe it was just 30 days ago that Apple Pay officially launched and even harder to believe how different the ecosystem is today as opposed to what it was 31 days ago. Some are firmly in the camp that Apple’s entrance into payments...
Hurst Lin, a prominent venture capitalist and co-founder of popular Web portal Sina.com, spoke with The Wall Street Journal on his thoughts on various VC investment issues in China when he touched on B2B. “Mr. Lin likes the business-to-business space, providing services such as payrolls...
E-Commerce services firm Bigcommerce has emptied an investment shopping cart to the tune of $50 million, courtesy of SoftBank Capital, American Express Ventures, Telstra Ventures, Revolution Growth and General Catalyst, Recode reported. “Led by CEO Eddie Machaalani, Bigcommerce sells subscriptions to its software platform, which...
In just about a week, Americans – fortified by turkey and stuffing, maxxed out on football and ready to flee the visiting relatives, will participate in one of the most famous of all holiday rituals: Black Friday shopping. So, what can we call expect this...
In the late 90’s there was a popular bumper sticker “Think Globally, Act Locally,” that had all but disappeared by the mid-2000’s when their original owners bought Priuses, which successfully conveyed the same message without the risk to the paint that accompanies a bumper sticker....
Right after its executives signed the China-Australia Free Trade Agreement on Monday (Nov. 17), Alibaba held a briefing in Melbourne to promise to bring far more Australian “products, brands and businesses” to China’s online shoppers through both Alipay and the Taobao Marketplace, Forbes is reporting....