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Starbucks has launched voice ordering and delivery capabilities within Alibaba’s smart speaker... | Read

Wirecard has signed an MoU with UnionPay to support UnionPay’s international expansion and Wir... | Read

DBS Bank has launched Rong E-Lian, a financing facility on a logistics blockchain platform that aims... | Read

Thailand-based retailer Central Group and have launched a financial services app to expa... | Read

daVinci Payments has announced the launch of a Chinese yuan (CNY) corporate-funded prepaid card for ... | Read

Alibaba acquires Kaola for USD 2 bln
06 Sep 2019 | China | News

Alibaba has announced it will acquire Kaola, the cross-border ecommerce business unit of the Chinese... | Read

HSBC has completed the first yuan-denominated blockchain-based letter of credit transaction within t... | Read

Mobile payment users reach 621 mln in China
02 Sep 2019 | China | News

According to a report from the China Internet Network Information Center (CNNIC), around 621 million... | Read

Cryptocurrency exchange Binance has released a research that reveals China’s digital currency ... | Read

Plum, a China-based ecommerce platform for second-hand fashion products, has allegedly raised USD 20... | Read

WeChat rolls out facial recognition POS
29 Aug 2019 | China | News

China-based social and mobile payment app WeChat has announced the roll out of a facial recognition ... | Read

China’s central bank has announced it will launch a state-backed cryptocurrency and issue it t... | Read

MiFinity has extended its partnership with UnionPay and announced the launch of a new cross-border m... | Read

InstaReM to ease B2B payments from Europe to China
26 Aug 2019 | China, Europe | News

Singapore-based money transfer solutions provider InstaReM has announced it will enable the business... | Read

IKEA has announced that it will invest USD 1.41 billion into the Chinese ecommerce market in the upc... | Read

Xiaomi, a large mobile phone vendor based in China, has announced plans to launch a consumer lending... | Read

China’s central bank has announced it will devise a three-year development plan to support the... | Read

Line Pay adds support for WeChat Pay
19 Aug 2019 | Asia | News

Japan-based Line Pay has announced that its merchants have started to integrate China-based competit... | Read

China-based retail conglomerate Alibaba has added adding a new sourcing channel to better facilitate... | Read

Alibaba is reportedly in talks with NetEase to acquire its cross-border ecommerce arm Kaola and merg... | Read