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.
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.
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.
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.