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
Insights
27-Nov-18 E-commerce is reshaping retail and threatens to displace traditional shopping. Korea’s retail sector is thriving in the face of this upheaval, with 6% growth in 2018. Improved relations with China have driven 34% duty-free sales growth. [image: Shutterstock / Retail In Asia]
Read More
Insights
27-Sep-18 Saudi Arabia's Public Investment Fund has announced that it plans to turn a section of its northwestern coast into a magnet for international tourists, as part of a broader push to diversify the economy away from oil. [image: Project Mena]
Read More
Insights
25-Sep-18 Tencent Holdings plans to partner with China UnionPay to offer shoppers in Hong Kong the ability to use a Hong Kong version of the WeChat Pay mobile payment app to spend at mainland merchants using Hong Kong Dollars. [image: Reuters]
Read More
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]
Read More