Baidu launches Wallet mobile payment platform2014-04-15
Chinese search engine company Baidu Inc Tuesday introduced its online payment platform, dubbed"Baidu Wallet, to the mobile front, aiming to expand the company's presence in the domestic mobile payment arena.
JD files new prospectus, launches online fund product2014-04-15
JD, which operates China's second-largest online marketplace jd.com, named Tencent Holdings as its third-biggest shareholder in a renewed prospectus filed to the US securities regulator Tuesday Beijing time.
CreditEase denies defaulting on 800m yuan in loans2014-04-11
CreditEase, one of China's leading peer-to-peer(P2P)lenders, denied on Thursday reports that it had defaulted on 800 million yuan($128.77 million)in loans, saying the risks of its projects were controllable.
China's P2P lender PPDai hits the jackpot2014-04-10
PPDai, one of China's largest P2P online lending platforms, on Wednesday announced the completion of its series B financing round led by Lightspeed China Partners.
Sina to launch financial service this month2014-04-08
Sina Corp-the online media company that runs Weibo, China's version of Twitter-is expected to officially launch its financial service in mid-April, in a move to tap into the emerging Internet finance sector in the country.
Baidu to launch third-party settlement service2014-04-04
China's leading search engine Baidu Inc announced Thursday that it will launch a third-party settlement service for fund companies and investors after being granted a license for fund sales, payment and settlement.
Jd.com to launch online wealth platform2014-03-10
China's leading e-commerce retailer jd.com will launch an online wealth management platform Tuesday in an attempt to expand its presence in Internet finance, media reported Saturday.
Investment deals for Internet finance up 64%2014-02-27
Ninety investment deals involving 78 companies were made in the Chinese Internet finance sector in 2013, an increase of 64 percent year-on-year, according to the latest report from Zero2IPO Group.
Alibaba to launch online fund sales service2013-11-01
Alibaba Group Holdings has secured approval from the China Securities Regulatory Commission(CSRC)to act as a third party for the online sale of fund products, local media group Caixin reported on its website.
Alibaba-backed online insurer wraps up registration2013-10-15
China's first online insurance firm, backed by the country's leading Internet companies and insurer , has completed its industrial and commercial registration in Shanghai, based on hopes that the existing customer bases and "big data" will fuel business for the virtual venture.