
Apple plans to launch its mobile payment system Apple Pay in China by early February. The iPhone maker has recently struck deals with China's big four state-run banks, the Wall Street Journal reported.
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Apple plans to launch its mobile payment system Apple Pay in China by early February. The iPhone maker has recently struck deals with China's big four state-run banks, the Wall Street Journal reported.
The company has made its flagship line available for Chinese online customers on Alibaba's Tmall Global through VoyageOne's platform.
U.S. President Barack Obama took time off at an Asia-Pacific summit on Wednesday for an unusual task - putting questions to Chinese internet billionaire Jack Ma and a young Filipina entrepreneur.
China will ramp up inspections of goods bought online, a regulator said on Tuesday, seeking to root out low-quality goods that have plagued firms like Alibaba as well as the country's broader image.
Global payment operator MasterCard Inc sees double-digit annual growth in credit card transaction volumes in China, lifted by the booming e-commerce industry in the world's second-largest economy.
JD.com Inc, China's second largest e-commerce firm, said third-quarter revenues rose 52 percent from a year ago, in line with expectations on Monday, as user numbers and orders grew at a rapid clip.
MSCI will add Alibaba Group, Baidu.com and a dozen other Chinese companies listed overseas to its emerging market index from Dec 1, a move reflective of the changing economic landscape.
Chinese Internet users spent billions of dollars in the planet's biggest online shopping splurge Wednesday, as "Singles Day" hit new heights, despite slowing growth in the world's second-largest economy.
Chinese e-commerce giant Alibaba Group Holdings Ltd said on Wednesday the value of merchandise it has sold so far during the Singles' Day online shopping extravaganza had surpassed last year's total of $9.3 billion.
Growth in China's factory output eased in October while that for retail sales edged up, indicating persistent downward pressures on the economy, as well as a potential shift of growth drivers from exports to domestic ...