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Today's Headlines Launches Applet Function
Techweb, 9/18/18
Online and mobile news portal platform Today's Headlines, operated by Beijing-based Bytedance Technology, recently announced a new in-app applets function, following the release of applet functions by other platforms such as Tencent's (0700.HK) WeChat mobile messaging app, Alibaba's (NYSE: BABA) third-party payment platform Alipay, and search giant Baidu (Nasdaq: BIDU). Read More
WeChat Launches Credit-based Loan Service 'Zhouzhuan'
Xinliu Caijing, 9/10/18
Chinese internet conglomerate Tencent's (0700.HK) WeChat mobile messaging app has added a new mobile lending product to its built-in mobile wallet and wealth management platform Licaitong. Read More
Smartisan's Messaging App 'Bullet Messaging' Wins RMB 150 Mln Series A
Tencent Tech, 8/28/18
Beijing-based smartphone developer Chuizi Technology (Smartisan)'s messaging app, Zidan Duanxin (literally "Bullet Messaging"), operated by Kuairu Technology, has completed RMB 150 mln in first round funding within seven days of its launch, according to Smartisan CEO Luo Yonghao on his Weibo microblogging account. Read More
Alipay, Taobao Testing Group Buy Function to Rival Pinduoduo
Cnstock.com, 8/07/18
Chinese third-party payment processor Alipay and Alibaba Group's (NYSE: BABA) C2C e-commerce site Taobao recently partnered to launch a new group buying function, which can now be accessed through a link at the bottom of the Alipay main page. Read More
Alipay to Provide RMB 1 Trln in Loan Support to Offline Micro Merchants over Next 3 Years
36Kr.com, 5/03/18
Chinese e-commerce giant Alibaba Group's (NYSE: BABA) affiliated third-party payment processor Alipay recently announced a new offline vendor support program, according to which the company will provide services for nearly 100 mln small-scale local merchants throughout China, including offering RMB 1 trln in loan support over the next three years. Read More
Alipay Pilots Government-certified Digital ID Card in Three Cities
Techweb, 4/17/18
"Online functional proof of citizen identity" certified by the trust identity verification platform of the first research institute of China's Ministry of Public Security has appeared for the first time in Chinese third-party payment processor Alipay with Quzhou, Hangzhou, and Fuzhou selected as the trial locations. Read More
Alipay Fined for Violations Related to Consumer Protection, Privacy, and Promotions
Huxiu.com, 4/08/18
The Hangzhou sub-branch of the People's Bank of China, the county's central bank, recently disclosed a notice of administrative penalties which listed Alibaba Group's (NYSE: BABA) affiliate e-payment platform Alipay as being fined RMB 180,000 for violations related to consumer protection, product promotions (misleading advertising), and information privacy. Read More
Walmart's Western China Stores Drop Alipay in Favor of WeChat Pay
Yzmg.com, 3/24/18
Retail giant Walmart's western China locations have stopped accepting internet conglomerate Alibaba Group's (NYSE: BABA) Alipay payment solution in favor of rival internet conglomerate Tencent's (0700.HK) WeChat Pay. Read More
Alipay, Hangzhou's Urban Management Pilot Non-inductive Parking Fee Payment
Mydrivers, 11/29/17
Hangzhou's Urban Management and Chinese third-party payment processor Alipay have joined forces to offer non-inductive payment for street side parking. Read More
Mobile Trucking Logistics Services Huochebang, Yunmanman to Merge
Sina Tech, 11/27/17
Guiyang-based Huochebang Technology, operator of online and mobile logistics service platform Huochebang (Truck Alliance), recently announced that it will merge with Shanghai-based Subtle Information Consulting, developer of mobile logistics services app Yunmanman, to form a new group company. Read More
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