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Searching for "Yu'e Bao"
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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
Alibaba Health, CPIC Ally on Online Health Insurance
Ebrun, 7/28/15
Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) Hong Kong-based health services subsidiary Alibaba Health Information Technology (0241.HK) has announced it signed a deal with CPIC Allianz Health Insurance, a subsidiary of China Pacific Life Insurance (CPIC), to explore online health insurance products as a new model for health insurance services. Read More
Alipay, China Telecom Partner on Contract Handset Sales
DoNews, 6/12/14
China Telecom (NYSE: CHA; 0728.HK) has launched a free handset promotion in cooperation with Alibaba Group's B2C e-commerce site TMall and third-party payment processor Alipay. 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
Jingdong Obtains Securities Payment License, Plans Financial Products
Sohu IT, 12/10/13
Liu Changhong, Director of Financial Development at Beijing-based B2C e-commerce platform Jingdong, has stated that Jingdong's online banking and third-party payment subsidiary Chinabank Payments has obtained a securities payment license from the China Securities Regulatory Commission (CSRC), with the license already issued a full two weeks ago. Read More
Rumor: Tenpay to Release WeChat Account Balance VAS
China Business News, 11/29/13
A source at Shenzhen-based internet company Tencent's (0700.HK) Tenpay online payment service has confirmed that Tencent will launch a "WeChat Finance" platform in mid-December on its WeChat (Weixin) mobile messaging platform. Read More
Yu'e Bao Net Deposits Exceed RMB 100 Bln
Shanghai Securities News, 11/15/13
According to data released by mutual fund management firm Tianhong Asset Management, the company's Yu'e Bao money market product, released in partnership with Chinese third-party payment processor Alipay, now holds net user deposits of more than RMB 100 bln (USD 16.287 bln), making it the first financial fund in China to claim such a figure. Read More
Rumor: Tenpay to Release Account Balance VAS This Month
China Business News, 11/07/13
According to industry sources, Chinese internet and mobile services firm Tencent (0700.HK) will launch a "WeChat Finance" platform in late November on its WeChat (Weixin) mobile messaging platform. Read More
Rumor: Baidu to Launch Account Balance VAS Product
Beijing Morning Post, 10/17/13
According to an industry insider, Chinese internet company Baidu (Nasdaq: BIDU) has partnered with fund management firm China Asset Management to develop an account balance VAS service, to be launched as early as the end of October. Read More
Suning Receives Online Securities Payment License
SZSE, 10/11/13
Yifubao, the third-party payment platform of Chinese consumer electronics and home appliances retailer Suning (002024.SZ), has received a license from the China Securities Regulatory Commission (CSRC) to offer online securities purchases. Read More
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