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Insights
05-Sep-18 African households are quickly becoming a major market for Chinese e-commerce merchants looking to sell everything from mobile phone to toothbrushes, with market projections estimating a USD29 bn value by 2022 as mobile phones are gaining popularity. [image: Niu Jing / China Daily]
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Insights
17-Aug-18 Chinese tourists can now use WeChat Pay to make purchases in Russia, the 17th country to accept transactions made via the popular payment app. In time, that payment option will be available for local consumers as well. [image: Freer / Shutterstock.com]
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Insights
16-Aug-18 Chinese tech giants Tencent and Alibaba are bringing their payment platforms to Hong Kong, a city that has long thrived on cash and plastic, putting them into competition with Google, Apple and Samsung, and local players like HSBC. [image: Business Insider]
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Insights
20-Jul-18 Starbucks is partnering with Alibaba with a 'New Retail' strategy, in an effort to rediscover growth for its business in China as it battles ambitious new rivals, including billion-dollar startup Luckin Coffee. [image: TechCrunch]
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Insights
11-Jul-18 Some experts predict 80% of global GDP will rely on real-time online payments by 2023. Others still believe cash will hold its position as 'king' of payments. [image: Shutterstock / HKTDC]
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