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Xiaomi launches money-market app

China’s fast-rising Xiaomi is partnering with a local fund management firm to give consumers access …

Alibaba unit to set up internet bank in June

Alibaba has announced that its finance arm, Ant Financial, will set up a private internet …

Alibaba, Xiaomi team up on payments via wearables

Alibaba’s finance arm and fast-growing smartphone maker Xiaomi said today they are partnering to allow …

China’s mobile payment GMV quadruples

China’s third-party mobile payment gross merchandising volume (GMV) expanded almost fourfold (391 per cent) last …

Alibaba leads investment in Indian m-pay firm — report

Alibaba and its Alipay unit are in negotiations to acquire a 30 to 40 per …

China’s Alipay to offer fingerprint authentication for iPhone 5s users

Alipay, the payments unit of e-commerce giant Alibaba, will enable Chinese users of the iPhone …

Mobile payment grows share of all transactions — Alipay

According to a report by Alipay, the payments unit of e-commerce giant Alibaba, in the …

Chinese giant plans payment app

China UnionPay, the government-owned clearing house for credit card transactions, is reportedly planning to launch …

Alibaba plans to list financial services unit on mainland exchange

Alibaba Group co-founder and chairman Jack Ma said yesterday the company is looking at listing …

Alibaba, Apple to discuss payments partnership

Alibaba co-founder and chairman Jack Ma said yesterday he is interesting in working with Apple …