Alipay is to start over its tarnished social…

The Head of Alibaba’s Ant Financial, Lucy Peng, apologized on Tuesday in an internal letter for the lewd photos that appeared on Alipay’s new socializing feature, “Life Circle”. To collect a “thumbs-up” and make money,…

The top 3 strategies of Alibaba’s Ant Financial…

At the two-year birthday celebrations of Alibaba’s affiliate Ant Financial on Sunday, Eric Jing officially took over the position from Lucy Peng as the new CEO of Ant Financial. Jing introduced three strategies that Ant…

Alibaba’s Ant Financial showcases its VR Pay

With VR Pay, will Alibaba lead a move from mobile payment to VR payment? Ant Financial, Alibaba’s financial service affiliate, on Wednesday demonstrated its VR Pay in Shenzhen. VR Pay is a payment method which…

Alipay will charge its millions of users transaction…

Alipay, Alibaba’s online payment platform, will activate its major policy change, charging fees for withdrawals from Wednesday. It was a month ago that Alipay announced that this transaction fee policy would be put into effect…

Meet Eric Jing, the new CEO of Alibaba’s…

On Saturday, Chinese tech giant Alibaba’s financial affiliate Ant Financial announced that its current president Eric Jing will replace Lucy Peng as the company CEO since next Sunday. “The continuous supply of talent has enabled…

Ant Financial report: China’s online spending shifts to…

On Saturday, online payment services provider Alibaba’s Ant Financial published China's first online consumption index. The data is primarily taken from Alipay, Alibaba’s online payment platform. The index, growing 12.1 times from January of 2011…

Alibaba’s YunOS to enter Indian market

Wang Jian, chairman of the technology committee under Alibaba group, announced at the 2016 Partner Conference in Shenzhen on Monday that Alibaba's YunOS will enter the Indian market, hoping to reach the goal of 100…