Alibaba's financial subsidiary Ant Financial reportedly plans to acquire a 20% stake in Ascend Money, an electronic payment and small …

Taobao.com, the Internet shopping subsidiary of the Chinese B2B e-commerce group Alibaba, has announced that it will cooperate with China Mobile to launch a new mobile phone short message-based price comparison service.
With this new service, mobile phone users will be able to inquire about the prices of goods sold on Taobao.com when they are shopping […]

According to China Mobile's Shanghai branch, its regulations related to micropayments made with mobile phones have been completed and consumers in Shanghai will soon be able to pay with mobile phones in McDonald's and Starbucks.
China Mobile Shanghai said with a new SIM card that integrates the payment function, people in Shanghai can pay with their […]

Alibaba's Zhejiang Alipay Internet Technology Ltd has signed a cooperative agreement with China Netcom Xuzhou branch to jointly develop services in the online payment sector.