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Why payments will help drive China’s Big Tech

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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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Mobile payment increasingly popular in rural China

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 Insights

01-May-18 Mobile payment has become more popular in China's rural areas as Internet technology has made transactions faster and more convenient in remote places. Transactions through non-banking mobile payment services totaled USD6.8 tn in rural areas in 2017. [image: China Plus]

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Ping An's Good Doctor raises USD1.1 bn in Hong Kong IPO

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 Insights

27-Apr-18 Ping An, which operates China’s largest online healthcare platform, Good Doctor, has raised USD1.12 bn in its initial public offering, pricing its shares at the top of its range in Hong Kong’s largest new listing to date in 2018. [image: Reuters]

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How travelers are dictating where mobile wallets expand globally

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 Insights

25-Apr-18 Chinese players Alipay and WeChat are powering many digital purchase transactions in China and now abroad. These digital wallets are moving west, as the spending power of China's residents grows and the government allows travel to more destinations. [image: Shiho Fukada / Bloomberg]

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