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Lazada, Mastercard to empower Southeast Asian e-commerce

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 Insights

25-Mar-19 Online shopping platform Lazada and Mastercard announced a five-year partnership to develop Southeast Asia's e-commerce ecosystem. The duo will develop marketing and education campaigns to increase consumer confidence, as well as reward schemes to incentivise use of digital payments. [image: Mastercard Newsroom]

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Alipay, Barclaycard help UK retailers reach Chinese tourists

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 Insights

14-Mar-19 Alipay and Barclaycard - which processes half the UK's card transactions - have collaborated to allow UK retailers to accept Alipay. 483,000 Chinese tourists will spend USD1.33 bn in 2019. The UK also has about 493,000 Chinese residents and students. [image: Alizila]

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Chubb converts Huatai Insurance to Sino-foreign joint venture

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 Insights

02-Mar-19 Chubb Insurance has received approval from the China Banking & Insurance Regulatory Commission to increase its ownership in Huatai Insurance Group, making Huatai the first Chinese financial services holding company to convert to a Sino-foreign equity joint-venture. [image: Body Shop Business]

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