Source: tencent.com
China’s Tencent Holdings will be the first of five Internet firms to open its private banks to clients, Reuters reported late on Friday (Dec. 12). Get the...
Alibaba’s biggest rival in China, Tencent, has just led a $350 million funding round for a startup called Koudai Gouwu that could challenge Alibaba where...
Alipay Wallet has confirmed 190 million annual active users and is delivering 45 million daily transactions, with more than half of that coming directly from...
China’s two biggest online services already have large payments operations — and now both have permission to be bankers, too. On Monday (Sept. 29), Alibaba...