January 07, 2014
Alibaba’s Alipay Launches New Online Payments Service
Alipay, Alibaba’s online payments affiliate, is teaming up with Sina Corp to launch a new online payments service. The Wall Street Journal reported on Jan. 7 that the service integrate’s...
January 05, 2014
2013: The Year of All…Or Nothing at All
Someone once said that even number years are always better than odd number years. If that’s true then 2014 has a lot to live up to! But as we all...
December 30, 2013
Looking Ahead At The Close Of 2013
To paraphrase the immortal words of Yogi Berra, predictions are really hard, especially when they’re about the future. That’s why we’ve made it our annual tradition at PYMNTS.com to round...
December 26, 2013
Sina Tests Online Credit Service
China-based Internet services provider Sina announced on December 24 that it plans to offer the country’s first “online-only credit card-like payment service,” SINA English reported. Called Xinyongbao or “credit treasure,”...
December 26, 2013
Alibaba Wins Telco License, Expands Cloud Services Internationally
China-based eCommerce giant Alibaba has been awarded a license by Chinese telecom regulators to offer mobile telecommunications services in the country, The Wall Street Journal reported on December 26. The...
December 22, 2013
Alibaba Lures Chinese Depositors Away From Banks
Yu’E Bao, Alibaba’s investment platform, is being used by a rising number of Chinese citizens as an alternative to a traditional bank account, the Financial Times reported on December 20....
December 18, 2013
Amazon Expands Web Services To China
Amazon will roll out its Amazon Web Services suite to China starting in 2014, TechCrunch reported on December 18. AWS China will compete with Alibaba, a major force in regional...
December 11, 2013
ShopRunner CEO Joins Lead-Gen Startup Radius
Scott Thompson, current CEO of ShopRunner and former chief executive of Yahoo, will serve on the board of directors for Radius, a lead-generation startup funded by Comcast Ventures and American...
December 10, 2013
Alibaba And ShopRunner Say “Open Sesame” To Digital Commerce
Everybody knows the ancient story of Ali Baba and the Forty Thieves. “Open Sesame” were the magic words that opened a cave where Ali Baba saw an abundance of gold...
