Payments Research

Jun

First e-Commerce, now Hospitals, Alibaba is changing lives in China

After setting up its strategy as “All in Mobile E-Commerce” at the beginning of this year, Alibaba has been gradually building up its Online2Offline business – now focusing on healthcare.

Jun

China Payments Research

NFC in China: mass acceptance will probably be reached in 2015

According to the Chinese Financial Certification Association, in the major 35 cities of China only 3% of electronic (Internet and mobile) banking clients use Near Field Communication technology as a payment method. With all the convenience of the NFC technology it seems strange that the trend didn’t pick up yet.

May

China Payments Research

Tencent e-commerce challenges are surfacing

The latest financials from Tencent Group shows that overall growth stayed strong in the first quarter of 2014 as revenue hit RMB 18.4 billion, 78% of which were value-added services. E-commerce however suffered as revenues declined 24% as compared to Q4 2013. Tencent indicated that the lagging performance was a seasonal…

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