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Insights
04-May-18 Alibaba Group said it expects revenue growth for 2019 to hold above 60%, as it expands beyond e-commerce and pushes deeper into growth markets such as Southeast Asia. [image: South China Morning Post]
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Insights
03-May-18 The People’s Bank of China has received an application from international payment firm WorldFirst, for permission to conduct third-party payment business in China. The application marks a first for foreign-funded third-party payment institutions in China. [image: iStock / Asia Times]
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Insights
02-May-18 In the fruit trade it pays to understand e-commerce platforms, so much so that Frutacloud CEO George Liu believes ‘e-retail’ is a better term for the phenomenon which is sweeping its way towards 20% penetration in the fresh produce market. [image: Fresh Fruit Portal]
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Insights
02-May-18 Whether it is buying retail companies or building a global fintech business that includes not just payments but also online banking, wealth management and insurance, investments being made by Alibaba and Tencent are expected to reap substantial returns. [image: My Stock]
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Insights
02-May-18 MC Payment will acquire Singapore e-tailer iFashion Group, valuing the company at USD19 mn. The lifestyle e-commerce platform has been growing via acquisitions, snapping up other fashion and e-commerce labels in Southeast Asia. [image: MC Payment]
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