m-commerce

Chinese e-commerce giant Alibaba reported a sharp increase in both profit and revenue in Q4, with mobile now generating 80 per cent of its retail turnover in China.

Alibaba is partnering with China Telecom to sell low-end smartphones in an effort to expand the e-commerce giant’s sales in less developed parts of China.

eBay is on track to achieve US$5 billion m-commerce sales by the end of the year, driven by more than 56 million downloads of its mobile app

The value of retail transactions in the UK that involve use of a mobile phone will reach £19. 2 billion in ten years’ time, according to a survey by Barclays Corporate, part of the UK banking group.

(The Paypers) Mobile payments platform provider MoreMagic Solutions has made its eTopUpOnline application available for smartphones...Read more: http://feedproxy.google.com/~r/ThePaypersMobilePayments/~3/6Sqajo1iq2g/744452-16

(The Paypers) IBM has teamed up with US mobile messaging and mobile commerce services company Sybase to introduce an m-commerce server appliance based on IBM's...Read more: http://feedproxy.google.com/~r/ThePaypersMobilePayments/~3/wriQ7-Yx-2E/744058-16

(The Paypers) Although 10 million UK online consumers have made at least one transaction in 2010 using a mobile device, 83 percent of them also experienced...Read more: http://feedproxy.google.com/~r/ThePaypersMobilePayments/~3/SFKPiSpREd4/743993-16