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Meituan-Dianping Acquires Third-Party Payment Solution Provider QiandaiPay

iFeng Finance, 9/26/16

Meituan-Dianping, the company formed by the merger of Chinese group buy site Meituan.com and online ratings and group buy site Dianping, recently announced that it had completed its acquisition of Qiandai (Beijing) Information Technology, operator of internet payment solution QiandaiPay. Read More

Xiaomi to Launch Mobile Payment Service Mi Pay with Bank Card Support

Sohu IT, 8/30/16

Chinese Android device maker Xiaomi recently announced that it will hold a press conference on September 1 to launch its near-field communication (NFC) mobile payment system Mi Pay, developed in partnership with Chinese cross-bank transaction processor China UnionPay. Read More

Alipay Introduces Tiered Account System Based on Identity Verification Status

Ebrun.com, 6/29/16

Chinese third-party payment processor Alipay recently launched a tiered account management system that will assign different privileges and payment limits to different account classes based on the degree to which the account holder has verified their personal information. Read More

JD Finance, Everbright Bank Release Multi-currency Credit Card

Xiancn.com, 3/28/16

JD Finance, the online financing and retail investment platform operated by Chinese B2C e-commerce platform JD.com (Nasdaq: JD), recently partnered with China Everbright Bank to launch a jointly branded credit card, a multi-currency card with no annual fees, called the Everbright Xiaobai Card. Read More

JD Finance Launches Online Cash Lending Service 'Jintiao'

TechWeb, 3/27/16

JD Finance, the online financing and retail investment platform operated by Chinese B2C e-commerce platform JD.com (Nasdaq: JD), recently launched its first online cash lending product, "Jintiao." Read More

Tencent Mobile Manager Adds Payment Security Features

DoNews, 9/26/14

Chinese internet and mobile services firm Tencent (0700.HK) has released v5.1 of its mobile handset manager "Tencent Mobile Manager," updating the app's mobile payment security features. Read More

YY Releases Mobile SNS App 'Hello'

TechWeb, 6/26/14

Huanju Shidai Technology, a wholly-owned subsidiary of Chinese voice-chat SNS platform operator YY Inc (Nasdaq: YY), recently released "Hello," a voice-chat based mobile SNS app. Read More

WeChat Adds JD.com Shopping Channel

DoNews, 5/27/14

A portion of users upgrading to v5.3 of Tencent's (0700.HK) WeChat mobile messaging app in Beijing and Shanghai have reported the appearance of a "shopping" portal in the app's "discover" channel, listed directly alongside the app's existing "moments" and "games" portals. Read More

Rumor: WeChat to Add Jingdong Shopping Channel

Ebrun, 4/18/14

According to an industry insider, Beijing-based B2C e-commerce platform JD.com (Jingdong) and Tencent's (0700.HK) WeChat (Weixin) mobile messaging application have reached an agreement under which WeChat will grant Jingdong high-level access to the "Discover" channel of the WeChat app. Read More

PBoC Releases Third-party Payment Draft Regulations

21st Century Business Herald, 3/15/14

According to an industry insider, the People's Bank of China (PBoC), China's central bank, recently issued draft regulations governing China's third-party payment and mobile payment industries. Read More