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...
December 09, 2013
MasterCard Expands MasterPass Service Into China
Hoping to leverage the nation’s increasingly mobile consumer base, MasterCard is launching its MasterPass mobile payments service in China, The Global Times reported on December 9. Ling Hai, MasterCard’s president...
December 06, 2013
Alibaba, Haier Partner On Logistics
eCommerce giant Alibaba is investing $360 million in Haier Electronics, a Chinese appliance maker, amid a larger joint logistical venture, AllThingsD reported on December 9. The venture will reportedly...
December 05, 2013
To Encourage Mobile, Alipay Charges Desktop Users
In a bid to push more of its customers to use mobile platforms, Alipay, an online payments services provider owned by Alibaba Group, has discontinued its free payment service for...
November 20, 2013
China: Companies brace for competitive overhauls with economic reforms
Private companies within China are bracing for major economic reforms within China that are poised to allow competition with state-owned banks, among other changes. According to reports, Asia’s top Internet...
November 15, 2013
Optimizing Your Brand For China’s eCommerce Shoppers
By Pete Rizzo (@pete_rizzo_) Cyber Monday might seem like big news in the U.S., but it’s just a blip on the radar compared to the biggest online shopping day...
November 15, 2013
Alibaba To Back P2P Lending Platform Ppdai
Chinese social lending platform Ppdai is reportedly set to receive $35 million in funding from Alibaba Finance, the funding arm of China’s eCommerce giant Alibaba Group, VentureBeat reported on November...
November 11, 2013
China’s Singles’ Day Sets eCommerce Record
China’s Singles’ Day, a pop culture holiday that celebrates the bachelor life, has set another record to further cement its reputation as the biggest global shopping day of the year,...