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“Several hundred” Auchan Minute shops without checkout counters are planned for China by year’s end. Customers enter by scanning a code via the WeChat app. After products are scanned, they are added to a virtual cart. The customer then pays via AliPay or…
the frenzied annual celebration of consumption and commerce that is China’s much larger version of Black Friday — began as a protest of sorts against Valentine’s Day, propelled by college students in the 1990s. The event’s date, written numerically as 11/11,…
It is that time of the year again. China’s – and the world’s – biggest online shopping event is about to take place on 11 November. Known as Singles’ Day, Alibaba and its founder, Jack Ma, transformed the de facto holiday from an ‘anti-Valentine’s Day’ for…
Alibaba, the Chinese e-commerce giant, said on 11 November 2017 its Singles’ Day sales extravaganza hit $25.4 billion, smashing its own record from last year and cementing it as the world’s biggest shopping event. Once a celebration for China’s lonely hearts,…
Worldpay, a leader in global payments has announced that it has been selected by Razer, the leading global lifestyle brand for gamers, as one of its key online payments provider for the virtual credits service Razer zGold. Razer’s zGold service allows gamers…
Worldpay, a global leader in payments, is predicting another record-breaking China Singles’ Day for businesses around the world, as the eCommerce extravaganza goes global. New data from Worldpay reveals that last year’s event grew by 39% globally1, with sales…
Chinese internet brands are trumping their Western counterparts in China, according to the second China Prophet Brand Relevance Index (BRI). Alipay and WeChat came in first and second respectively for the second consecutive year, followed by Android, IKEA and…
The world’s leading mobile payment platform Alipay was launched in Denmark on Monday, enabling its Chinese users to enjoy its fast and convenient payment service when they travel to the Nordic country. “We are happy that Denmark and the Nordics are embracing…
Alipay has revealed that overseas in-store payments on its platform increased 700% YoY during Golden Week 2017. Overall per capita spend increased by 50% to 1,301 yuan. Asia dominated the list of top-ten destinations in terms of transaction volume. The…
Adyen has expanded its partnership with Alipay to allow retailers worldwide to accept non-cash payments from Chinese customers in store. The partnership enables retailers using Adyen’s point of sale solution to take payments in store from Chinese consumers…
During Golden Week, there were eight times as many in-store Alipay transactions overseas than last year. Asia dominated the top 10 destinations in terms of transaction volume, with Hong Kong topping the list. It was followed by Thailand, Taiwan, Japan, South…
A new AlipayHK digital wallet joint venture aims to promote a more efficient cashless society in Hong Kong, its partners say. Conglomerate CK Hutchison Holdings and Ant Financial Services Group, the parent company of Alipay, say the move will further…
Starbucks China has introduced Alipay, Alibaba’s third-party online mobile payment platform, to more than 2800 of its coffee shops. Alipay also covers some Starbucks outlets in Japan, Macau and Malaysia, adding up to more than 3200 stores worldwide. Its…
Alipay, the world’s largest online and mobile payment platform, operated by Ant Financial Services Group (“Ant Financial”, “Ant”), today announced that it has signed separate MoUs with Finpro (Finland), Svensk Handel (Sweden) and the Scandinavian Tourist…
Alipay and Changi Airport Group (CAG) have signed a strategic five-year partnership agreement to roll out the Alipay mobile payment option on a wide scale at the airport. They have also agreed to share marketing activities by offering customised and targeted…
Eraman Malaysia, the nation’s main travel retailer, has partnered with Alipay, as it improves its services to Chinese shoppers. Alipay, operated by Ant Financial Services Group and part of China’s Alibaba Group, is the largest online and mobile payment…
