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Alipay now has over 1 billion users worldwide

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 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]

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UnionPay partners Millennium bcp to foray into Portugal market

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 Insights

06-Dec-18 China’s UnionPay has partnered with Portugal's private bank Millennium bcp to issue UnionPay Portugal cards. Millennium will issue both consumer and commercial cards. Millennium becomes the first local institution in Europe to provide the cards. [image: Cards International]

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Candy rush for China’s electronics giant

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 Insights

01-Oct-18 Candy, the Italian family-owned appliance manufacturer is in the news after being sold to Chinese electronics giant Haier, based in the Shandong port city of Qingdao, for EUR475 mn, as Haier looks to crack the European market. [image: Candy]

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