Ant Group invested 21.2 billion yuan (US$2.9 billion) in technology last year, including artificial intelligence (AI), to drive innovation for consumers, small and micro enterprises and partners, according to the …
Alipay, the ubiquitous Chinese mobile payment service operated by Ant Group, has added a hair loss testing feature that uses artificial intelligence (AI) in its latest effort to push further …
Senior executives that include Wang Hai, Liu Peng, Yu Feng and Wang Mingqiang retired from Taobao and Tmall Group on May 1, according to Chinese media reports on Wednesday. Taobao …
Spanish luxury fashion brand Balenciaga’s latest offering is a 4,700 yuan (US$650) T-shirt in collaboration with Chinese mobile payment platform Alipay, sparking discussions and chaff on Chinese social media. The …
A year ago, Changshu, a county-level city under the jurisdiction of Suzhou, took the lead by paying all public sector workers in digital yuan, and Lin’s employer followed suit months …
The number of visitors – from 15 countries across Europe and Southeast Asia included in China’s visa exemption scheme – who used Alipay during the holiday was up fourfold this …
Popular e-book piracy site Z-Library pledged not to restrict access to users in mainland China after a message from a local group raised concerns among people in the country who …
Hong Kong fintech company Wonder has won approval from the city’s Transport Department for its effort to bring digital payments to Hong Kong’s 18,000-odd taxis, the vast majority of which …
Chinese financial technology giant Ant Group is looking to “significantly” expand the global presence of its cross-border mobile payment service Alipay+, as the company pursues an organisational overhaul that includes …
Alipay’s annual cumulative transaction limit for foreign visitors has also been increased to US$50,000, up from the previous US$10,000 limit, in line with a new People’s Bank of China policy, …