Alipay
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The world’s most valuable fintech firm, Ant Financial Services originated from Alipay, the third-party payments platform under the Alibaba Group. Today, it also runs a money-market fund and an online bank. Ant Financial has more than 450 million active users. It has also expanded into foreign markets, including the US, UK, Germany, Thailand and Australia, and expects more than 60% of its transactions to come from outside China by 2026. It targets to serve 2 billion users then.
The world’s most valuable fintech firm, Ant Financial Services originated from Alipay, the third-party payments platform under the Alibaba Group. Today, it also runs a money-market fund and an online bank. Ant Financial has more than 450 million active users. It has also expanded into foreign markets, including the US, UK, Germany, Thailand and Australia, and expects more than 60% of its transactions to come from outside China by 2026. It targets to serve 2 billion users then.
Grocery delivery app lets you shop from your phone, including from multiple stores in a single order, and enjoy speedy, free delivery at no markup.
Grocery delivery app lets you shop from your phone, including from multiple stores in a single order, and enjoy speedy, free delivery at no markup.
Shortlisting only the top 20% of housing stock for its clients, this short-term rentals platform carries out thorough checks; prioritizing safety, cleanliness and quality furnishings.
Shortlisting only the top 20% of housing stock for its clients, this short-term rentals platform carries out thorough checks; prioritizing safety, cleanliness and quality furnishings.
China’s largest fresh-food aggregator app buys directly from farmers, disrupting the traditionally long supply chain, to offer eateries cheaper, better-quality produce, with speedy delivery.
China’s largest fresh-food aggregator app buys directly from farmers, disrupting the traditionally long supply chain, to offer eateries cheaper, better-quality produce, with speedy delivery.
Endorsed by China’s biggest online shopping/payment platforms, home services app and marketplace Yunjiazheng is handy for hiring a cleaner or carer.
Endorsed by China’s biggest online shopping/payment platforms, home services app and marketplace Yunjiazheng is handy for hiring a cleaner or carer.
Alipay opens its platform to speed up digitalization of Chinese service providers amid Covid-19
As Alipay continues to battle WeChat for super-app supremacy, it's created a stronghold in China’s services industry, where 80% of businesses still operate under brick-and-mortar models
With universal QR code, Indonesia achieves e-payment harmony
The move to standardize Indonesia's QR code is expected to unify the country's cashless payments system and lift tens of thousands of small merchants into the payments mainstream
China reverses ban on street vendors to boost economy, sparking new demand for digital solutions
Alibaba, Tencent, Meituan and other tech giants give roadside vendors digital makeover, so they can compete with fast-food chains like McDonald’s, KFC and Pizza Hut
In depth: The business ecosystems China’s tech giants and unicorns build
Startups could accept to join Alibaba, Tencent or other tech giants in their ecosystems and scale quickly. Or they could say no and keep their independence. But do they really have a choice?
Ambitious startup Kuaidiniao aims to be the Alipay of logistics
Kuaidiniao carves out a niche for itself in the logistics market by targeting small- and medium-sized businesses
Already helping over 1,000 corporates like Alibaba and JD.com manage and lower their carbon emissions, Carbonstop is ready to do more when China’s carbon trading starts next year
QRIS: Will the new QR code standard rewrite Indonesia’s e-payments scene?
Enabling interoperability, the QRIS seeks to level the playing field until now dominated by GoPay and OVO – disruption that could go beyond the e-wallets scene
In China's Covid-19-hit economy, cities dish out dining and shopping coupons to revive spending
Local governments are offering incentives to spend, but as millions have lost their jobs and income, more is needed to boost consumer confidence
Some Chinese startups spot new market opportunities amid Covid-19 gloom
Crises create opportunities for startups to pivot and innovate, as Covid-19 is showing
China’s online mutual aid market: A new battleground for tech giants and startups
Startups spotted the opportunity and tech giants too have entered a market seen tripling by 2025. But profitability is still in doubt amid regulatory uncertainty
Amid IPO talk, Meicai continues to push for growth in bid to become China's Sysco
Covid-19 helped speed up expansion to the B2C market for Meicai, China’s most valuable agrifood tech unicorn founded by a farmer’s son
An AI future as seen through Chinese retail
Retail provides a good contemporary case study for how an AI future might look in China
Have you ever bought expensive equipment but seldom used it? Do you want to try the latest electronic gadgets at low cost? Try this online sharing and rental platform
Meituan, the “Amazon for local services”
Now worth over US$50 billion, the company has always focused on one end-goal: help consumers eat better, live better
300 million users in 3 years: Cracking e-commerce the Pinduoduo way
The dark horse of online retail is our key to understanding China's new consumer growth story
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