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Retail Asia18/05/2018

Overseas in-store transactions over Alipay grew fivefold during the Labor Day holiday compared to the previous year, with Hong Kong topping the list of destinations in terms of transaction volumes. Transaction volumes in Hong Kong grew sevenfold over the previous year, Alipay said. Asian markets dominated the list of the top destinations by transaction volumes during the […]

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Retail Asia26/04/2018

Alipay, the world’s largest online and mobile payment platform operated by Ant Financial Services Group, and The Dubai Mall, the world’s largest and most-visited retail and entertainment destination, located in the heart of the prestigious Downtown Dubai, today jointly announced that Chinese mainland visitors can now use Alipay to pay for a wide range of […]

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Retail Asia02/04/2018

Mobile payments platform Alipay is expanding its cross-border footprint with new outposts Cambodia, Myanmar, Laos and the Philippines. The deployment is aimed at connecting merchants with an estimated 520 million active users in China through its Alipay’s in-app marketing platform while they are traveling overseas. The company says Alipay is now accepted in Phnom Penh, Siem Reap […]

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Retail Asia14/03/2018

Alipay, the world’s largest mobile, online payment and lifestyle platform operated by Ant Financial Services Group, announced today that the payment platform will be available in all McDonald’s restaurants in Thailand by April 2018. This makes Thailand the first destination outside Greater China to accept Alipay at McDonald’s. Commenting on the development, Cherry Huang, General […]

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Retail Asia14/03/2018

Alipay, the world’s largest mobile and online payment and lifestyle platform operated by Ant Financial Services Group, has further grown its cross-border business in Southeast Asia, adding four new countries to its network. This takes the total number of countries where Alipay services are available to Chinese visitors and local merchants in this region to […]

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Retail Asia13/03/2018

Fashion brand Cue Clothing Co. has staked a claim as the first Australian retailer to offer WeChat and Alipay payment services in every one of its standalone store sites, nationwide. In a statement, Cue said its three fashion brands, including Cue, Veronika Main and Dion Lee, will be using RoyalPay, a software platform that allows customers […]

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Retail Asia07/03/2018

WeChat Pay and Alipay, China’s two biggest mobile payment platforms, have recently forged partnerships with tax refund companies to enable Chinese tourists to obtain rebates on their purchases via their respective mobile apps. Within this year, WeChat also plans to offer instant refunds in-store overseas as it competes for a larger share of rising Chinese tourist spending […]

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Retail Asia06/03/2018

Chinese tourists are taking their cashless lifestyle overseas, preferring mobile payments for shopping, says a new Nielsen/Alipay survey. Their joint Outbound Chinese Tourism and Consumption Trends: 2017 Survey provides analysis and insights into consumption and payment behaviours as well as assessing trends. Unlike similar studies, the report focuses on the use of mobile payment platforms by Chinese […]

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Retail Asia15/02/2018

Suntec City and Alipay are pleased to announce today that they have inked a two-year partnership to launch Alipay touchpoints in Suntec City. The two-year partnership between Suntec City, one of Singapore’s largest shopping malls and Alipay, the world’s largest mobile payment and lifestyle platform operated by Ant Financial Services Group, is set to attract […]

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Retail Asia13/02/2018

For Chinese tourists traveling South Korea, paying for a grande latte at Starbucks is now as easy as showing your smartphone. Ant Financial, which now Alibaba a 33% stake, said Sunday its Alipay e-wallet service is now available at over 1,150 Starbucks branches across South Korea – the first third-party mobile-based payment method enabled nationwide at Starbucks in […]

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Retail Asia12/02/2018

Dusit International, one of Thailand’s foremost hotel and property development companies, has rolled out Alipay at its hotels and resorts in Thailand to cater to Chinese travellers who prefer to make quick and secure payments via mobile. With over 520 million users and counting, China-based Alipay is one of the world’s largest mobile payment platforms […]

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Retail Asia09/02/2018

Apple China will accept Alipay in its stores – the first third-party mobile payment system to be accepted at any Apple store worldwide. This follows lukewarm reception in China for Apple’s own payment system, says Reuters. The IT giant will accept Alipay payments across its 41 brick-and-mortar retail stores in China, says Ant Financial, which […]

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Retail Asia05/02/2018

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Continuing momentum in Alibaba Group’s New Retail business helped drive a 56 per cent year-on-year growth in sales for the quarter to December 31. The performance of the New Retail category – which combines its online (non-marketplace) and fast-growing offline retail businesses, including investments in Sun Art Retail and other established businesses – was a […]

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Retail Asia05/02/2018

Alipay, the world’s largest mobile payment and lifestyle platform, operated by Ant Financial Services Group, today announced that a group of Chinese travelers have concluded the first ever cashless journey to Finland, with all transactions throughout their trip made via their Alipay accounts. From booking flights, making local retail purchases in Helsinki, and dining out, […]

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Retail Asia30/01/2018

Alipay, the world’s largest mobile and online payment platform operated by Ant Financial Services Group, along with Global Tax Free today announced that Chinese travelers visiting Singapore can now have tax refunds deposited directly into their Alipay accounts after completing all procedures at the airport. Singapore is the first country in Southeast Asia to offer […]

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Retail Asia22/01/2018

Alibaba’s Hema supermarket says it will open three stores in the Chinese city of Xian by the end of this year. The offline supermarket’s expansion into the northwestern Chinese city follows an announcement that it will add 30 locations in Beijing by year-end, rapidly expanding its store count in the capital to 35 from the […]

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Retail Asia12/12/2017

Malaysian people’s love for mobile shopping has led to more transactions generated on mobile platforms. The data compiled from Malaysia’s three major online marketplaces — Lazada, 11street and Shopee — revealed that 70 percent of the online transactions on Single’s Day and MyCyber sales were done through mobile devices, said iPay88, a leading regional payment […]

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Retail Asia11/12/2017

Alipay, the world’s largest online, mobile payment and lifestyle platform operated by Ant Financial Services Group, today launched this year’s “Double 12” Global Shopping Festival in 15 countries spanning across four continents. In addition, Ant Financial’s strategic partners in Hong Kong, India, Thailand and the Philippines will introduce campaigns for their local e-wallet users for […]

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Retail Asia11/12/2017

Ford Motor China may soon be selling cars through Alibaba’s Tmall and via an “auto vending-machine” concept. The US automaker yesterday signed a three-year agreement signed with Alibaba Group to expand its footprint in China. It is the latest partnership in a series in China in recent months, and follows a visit to Hangzhou, where […]

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Retail Asia29/11/2017

China’s unmanned convenience-store brand BingoBox plans to introduce its cashierless concept to Hong Kong next year, targeting neighbourhoods and suburbs. “With unmanned stores the labour cost is eliminated, making them far more cost-effective, even in expensive cities like Hong Kong,” says BingoBox chief executive Chen Zilin. South Korea already has an unmanned 7-Eleven outlet, termed […]

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