Jack Ma believes in small business – despite the fact that the one he runs today is on pace to supplant Walmart as the world leader in retail sales. But before Jack Ma was China’s most successful entrepreneur, he too was a small business owner...
In advance of a visit to the U.S. next week to meet with potential American partners about bringing more of their goods to the hands of Chinese consumers, Alibaba Chairman Jack Ma took to the pages of The Wall Street Journal today (June 9) to...
Japan’s biggest e-commerce player, Rakuten Inc., has plans to raise $1.5 billion via a share offering. The firm is looking to strengthen its financial position as it moves to expand through acquisitions. Get the Full Story Complete the form to unlock this article and enjoy...
China Telecom – the nation’s largest telecom operator – has officially teamed up with Alibaba to roll out low cost ($48) smartphones to citizens in rural China. The deal with China Telecom – and access to its 186 million subscribers – is part of a...
China has apparently changed course from a policy that would have effectively locked foreign technology firms out of the nation’s banking sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
China’s second largest eCommerce player – JD.com – is going after No. 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
According to reports on kapron ASIA, it seems as though Apple and China Union Pay have finally struck a deal that had only existed in rumors until now, meaning that the Chinese version of Apple Pay could be set to roll in April. Get the...
Across the Asia-Pacific region, each market is on its own path to secure digital transactions. In Australia, two-thirds of MasterCard transactions are already contactless in-store payments. In more emerging markets like Indonesia, consumers are just getting online to transact with mobile devices, but are well...
Tencent and Alibaba have always had fierce competition in the eCommerce space — usually with Alibaba taking the lead above its trailing counterpart. Now, it appears, Tencent has flipped sides and opened an online shop on Alibaba’s Tmall marketplace as one of its newest merchant customers, Tech In...
