Alibaba Introduces “Smile to Pay” Facial Recognition Technology
KFC customers in the Eastern Chinese city of Hangzhou can now pay for their meals with just a smile. Jack ...
Tag: Alibaba
How Chinese Companies Are Handling Tight Regulations
Chinese insurance company ZhongAn Online Property and Casualty Insurance, which boasts a customer base of 500 million people, has obtained ...
Ant Financial Digs in its Heels in Mobile Payment Battle Against Tencent
Ant Financial, which operates Chinese internet giant Alibaba’s Alipay mobile payment app, just made two maneuvers to gain ground in ...
Apple Pay Overpowered by Tencent’s WeChat Pay
Apple issued an official statement today stating that its mainland Chinese users will now be able to use WeChat Pay ...
Ant Financial Will Keep Focus on Commerce, POS in the U.S.
Focusing on commerce and mobile shopping led to a 56% year-over-year revenue jump for Ant Financial’s parent company Alibaba, and ...
Tencent Will Increase Investment in Payments, AI
Tencent Holdings will be increasing its investments in financial technologies like artificial technologies and in payments, the company stated during ...
Amazon Prime Day Sees ‘Record’ Shopping (Just Don’t Compare to Alibaba’s Singles’ Day)
Who sold it better — Alibaba, during 2016 Singles' Day or Amazon, during today’s Prime Day? With respect to Amazon’s ...
AliPay Expands to Four Million U.S. Merchants
Alipay is now available at the POS at millions more U.S. businesses. Chinese mobile payments behemoth Alipay continues targeting North ...
AliPay, WeChat Processed $3 Trillion in 2016
Chinese consumers sent about $3 trillion in payments through Alibaba and Tencent payment services in 2016. According to a new ...
Will the Sale of JD Finance Be Enough to Match Alibaba?
Chinese e-commerce company JD.com just made the next move in its on-going match with the Alibaba Group. After reporting promising ...
