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Ant Financial's Money Market Fund Tripled in Size Last Year
Susan WangAnt Financial Services Group's popular Zeng Libao money market fund tripled in size last year, reaching RMB 579 billion ($93 billion) in assets under management compared with RMB 185 billion...
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Racing to Make China's Cities Smarter
Susan WangA trio of Chinese Internet heavyweights say they are working with local governments across China to create 50 “smart cities” by the end of year, widening an initiative to help make municipal...
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KFCs in China Now Accept Alipay
Susan WangMore than 700 KFC (Kentucky Fried Chicken) restaurants in Shanghai and Zhejiang Province have adopted Alipay’s mobile payment solution, and the service is set to expand to some 5,000 KFC...
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How Alipay is Extending its Mobile-payments Reach [Infographic]
Alizila staffChina's Alipay held 82 percent of China’s third-party mobile payment sector in 2014, according to iResearch, but booming sales of smartphones in the PRC means the market is far from...
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Ant Financial Unveils Alipay 9.0 "Super App"
Susan WangAnt Financial Services Group’s popular mobile-payments app has been upgraded as a one-stop financial solution allowing users to not only shop online and manage their daily financial lives but...
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