Loading...

AliPay grows overseas with China outbound tourism

Image

 Insights

21-Jan-19 As Chinese consumers increasingly vacation overseas, their mobile-payment apps are following them, and offering a new way for merchants to attract customers. More than half of businesses saw an increase in foot traffic and transaction size after adopting Alipay. [image: Nielsen / Alizila]

Read More

E-commerce giant Signa Sports United goes Asia

Image

 Insights

10-Jan-19 One of Europe’s leading online sports and outdoor platforms enters into a strategic partnership with Aeon Co. from Japan and Central Group from Thailand. According to Signa, both are “Asia’s largest retailers”. [image: Signa Sports United]

Read More

Alipay now has over 1 billion users worldwide

Image

 Insights

10-Jan-19 Worldwide users of Alipay, China’s leading online payment platform, have exceeded one billion. Alipay’s Ant Financial Services Group said it had cooperated with nearly ten major overseas smart payment companies, which contributed to its growth in user numbers. [image: Alipay]

Read More

India and Egypt rare bright spots amid stalled growth in emerging markets

Image

 Insights

Jan-19 The recovery in emerging market and developing economies has stalled. India is a bright spot where strengthening investment and robust consumption will drive 7.3 percent GDP growth. East Asia remains a fast-growing region but growth will moderate to 6 percent in 2019 as global demand slows and financial conditions tighten. Brazil is forecast to lead Latin America with 2.2 percent growth. And in MENA, while GCC oil exporters accelerate to 2.6 percent growth they will be outstripped by Egypt at 5.6 percent thanks to reforms. [image: World Bank]

Read More
Share