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The official Coach Tmall flagship shop has been abandoned. Luxury bag brand Coach Inc says it will replace its shop on Alibaba Group Holding’s business-to-consumer sales site by selling directly through its own website and on its WeChat account, the…
Service providers and their millions of users are affected by a significant regulatory change to China online payments announced by the Chinese Central Bank. From July 1, third-party online payment service providers must ensure that all user accounts bear the…
First-quarter Tencent Holdings revenues grew 43 per cent to RMB31,995 million (US$4893 million). The Chinese company’s subsidiaries provide media, entertainment, internet and mobile phone value-added services and online advertising services in Asia. Revenues…
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