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China’s Alibaba Group Holding Ltd has begun offering payment services from Tencent Holdings Ltd’s WeChat on a number of its apps, after the government ordered major tech firms to stop blocking each other’s services and links. Local tech blog 36Kr reported on…
What could come as a big relief to Chinese tech companies banned in the US, newly elected President Joe Biden has temporarily halted legal action against Chinese social media apps TikTok and WeChat, which could have been banned in the United States. Outgoing…
Chinese social-media and mobile-payment app WeChat has introduced measures aimed at boosting the recovery of the retail industry. The firm’s Wechat Retail Growth Plan is intended to help global businesses and brands strengthen their understanding and use of…
Tencent partnered with Russian diamond miner ALROSA Group to offer an in-app blockchain-based feature that provides traceability for diamond purchases made through WeChat. WeChat adds a new capability for affluent users to access transparent information about…
Alipay and WeChat Pay have announced plans to open up their platforms to foreigners visiting the mainland. This week, the two dominant payment apps in China announced that they will allow their platforms to be used by visitors to China, possibly boosting…
DFS Group has become the first international retailer to activate WeChat facial-recognition payment outside Mainland China. Authorized by the government of Macau, DFS Group has trialed 10 WeChat facial-recognition devices at T Galleria DFS. After Macau…
Cartier has partnered with DFS Group to open the first-ever Cartier Capsule Exhibition ‘Into the Wild’ in Macau City of Dreams, featuring the Panthere de Cartier The Cartier Capsule Exhibition presents three main “universes”, including The Design, The Salon…
Affluent Chinese consumers have for years shown a preference for global, well-known brands and labels. But with growing sophistication in tastes and a penchant for unique styles, the well-heeled are now increasingly gravitating towards high-end Chinese…
Walmart China has pledged to further its online/offline integration strategy with increased focus on fresh food distribution, private brands and membership services. The firm’s president and CEO Tan Wern-Yuen said the business will focus on “consolidating its…
The ubiquitous WeChat is continuing to expand its reach across all age groups – especially among people aged 55 and above. According to the 2018 WeChat Data Report released at the WeChat Open Class Pro 2019 event in Guangzhou this week, seniors recorded the…
Chinese online retail giant JD has opened two new innovative stores at Beijing Capital International Airport (BCIA) and Hohhot East Railway Station in Inner Mongolia. In a move to further expand the firm’s “boundaryless retail” strategy, the JD travel retail…
Chow Tai Fook Jewellery Group has signed a memorandum of understanding with Chinese online platform Tencent to allow jewellery purchases using WeChat Pay. In a move to promote “seamless cross-border intelligent consumption”, the agreement allows Hong Kong…
M&Ms World Shanghai reopened yesterday in Shanghai Shimao International Plaza. The newly remodeled 1600sqm interactive store, which offers an immersive, personalised experience with the M&M brand to residents and tourists, remains the only one based in Asia.…
Walmart China has begun testing same-day grocery delivery in its Xiangmihu store. The new Walmart To Go service is available within a WeChat mini-program, following Walmart’s partnership with online social networking provider Tencent earlier this year. It is…
Gaming and chat specialist Tencent has reported a strong third-quarter profit despite ongoing issues with Mainland China regulatory authorities over its gaming software. Tencent’s share price has fallen by about one third this year, shedding US$165 billion…
Chinese e-commerce company JD is opening its logistics network up to consumers to send parcels around the country, marking the first entry by an e-commerce company into the parcel delivery business. The new JD parcel delivery service announced enables users…
