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Internet Giants' Action
Alibaba to provide online payment service in HK2014-02-18
Alibaba Group Holding Ltd, the Chinese mainland's largest e-commerce firm, has joined with Octopus Holdings Ltd, a subsidiary of the Hong Kong subway giant MTR Corporation Ltd, in a bid to expand its e-pay business in Hong Kong.
Jd.com set to launch online credit card product for shoppers this week2014-02-12
Jd.com, a leading Chinese B2C e-commerce company, said Wednesday it will launch a virtual credit card product for personal users, in a move to tap into the consumer financing services sector.
Alibaba to debut fixed-term investment2014-02-11
After rolling out China's first Internet finance product, Yu'E Bao, in June last year, Alipay, the e-payment arm of Alibaba Group Holding Ltd.
Wechat's 'Licaitong' attracts 800m yuan, challenging Yu'E Bao2014-01-24
Tencent's Wechat users transferred more than 800 million yuan to the app's wealth management platform, "Licaitong" on Jan 22, the day it was launched, Morning Express reported Thursday.
Alipay spends big to promote online payment service2014-01-23
Alipay, the country's largest third-party online payment platform and a subsidiary of Alibaba Group, has invested heavily in cab payment subsidies to promote its online payment service during the Lunar New Year period.
WeChat to manage wealth2014-01-17
Tencent Holdings Ltd pushed into the nation's booming online financial services sector on Thursday as it announced plans to launch a wealth management service on its dominant mobile messaging app WeChat.
Sina Corp begins testing new online-only credit payment service2013-12-23
Chinese Internet company Sina Corp has started testing what it claims is the country's first online-only credit card-like payment service, indicating that the firm is determined to win a decent share of the hot online financial service market.
NetEase to sell wealth management product2013-12-23
NetEase, a leading Hangzhou-based Internet technology company, officially launched a new investment product online platform Thursday, the Beijing News reported on Dec.
Baidu eyes 2nd online investment product2013-12-18
Baidu, China's largest Internet search engine operator, said yesterday it will launch a second Internet-based investment product next week after its 1 billion yuan(US$164 million)worth of a money market fund was sold out in two hours in late October.
Alibaba introduces cloud-computing service for banks2013-11-28
Alibaba Group Holding Ltd, the Chinese e-commerce giant, introduced a cloud-computing service on Wednesday that is specially designed to help financial institutions cope with business in the Internet era.
Alipay set to launch new wealth-management product2013-11-20
Alipay, China's leading online payment provider, will jointly launch a new wealth-management product with five Chinese fund companies in the coming months, according to media reports.
未标题-1.jpg Alibaba helps make China's largest fund2013-11-16
Currency fund Tianhong Zenglibao has become the first fund in China to hit 100 billion yuan ($16.30 billion) of sales thanks to its cooperation with Yu'ebao, Alibaba's wealth management product.
Renrendai.com denies Tencent takeover2013-11-14
Renrendai.com, a Chinese online platform for peer to peer lending, denied Thursday an online report that Tencent Holding Ltd is planning to acquire Renrendai.
Investment products to be part of Nov 11 online event2013-11-05
Taobao, China's leading online marketplace, will for the first time team up with fund companies for its Nov 11 online shopping festival, offering fund products that are expected to give high returns.
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