Chinese e-commerce platform JD.com has started accepting Alipay for payments after the announcement of its logistics deal with rival Alibaba Group Holding’s Cainiao, another sign that the “walled gardens” in China’s tech world are continuing to break down. Alipay, the largest mobile wallet in China operated by Ant Group, was made available for consumers shopping…
Alipay, China’s leading mobile payment service operated by Ant Group, reported a surge in outbound and inbound tourism transactions during the mainland’s “golden week” National Day holiday, as consumer confidence appears to rebound following Beijing’s large-scale stimulus measures introduced ahead of that annual break. During the first four days of the holiday, which began last…
A couple of days before U.S. businessman Sascha was due to travel to Shanghai for a conference, he began preparing his cell phone. Marketplace is not using his surname to avoid identifying his company, which could face repercussions in China. On the advice of friends, he downloaded China’s key mobile payment apps, Tencent’s WeChat and…