wire

Retail Asia03/12/2020

VNPay has become the second unicorn startup in Vietnam and one of 12 companies in Southeast Asia with a valuation of $1 billion. The payment company was listed as a unicorn in the recent “e-Conomy SEA 2020” report by Google and its partners, alongside well known firms like Indonesia’s ride-hailing firm Gojek and Singapore’s e-commerce […]

Retail Asia19/03/2020

The London-headquartered online money transfer service is teaming up with Chinese payments and lifestyle services platform Alipay to expand remittance options for its users. TransferWise is making more inroads into Asia with a tie-up with mobile payments giant Alipay, which will enable instant transfers to China for 17 currencies, the firm announced in a statement on Tuesday. With […]

Retail Asia07/10/2019

BigPay, the financial services venture by Malaysian low-cost carrier AirAsia, has announced the fixed-rate international remittance services across Southeast Asia. BigPay is rolling out cross-border transfers for its users to Singapore, Thailand, Indonesia and the Philippines. Such transfers can be done using its mobile application, and will be charged at a fixed rate for each […]

Retail Asia27/08/2019

PayPal has been doing pretty much everything in its power to keep the likes of Apple Pay at bay in the increasingly competitive online and mobile payment market, joining forces with Google on a number of mutually advantageous initiatives, vastly improving its main app, and making it easier and faster to transfer funds to a US bank account. Of course, the company’s […]

Retail Asia19/04/2019

Counterfeit goods are a big problem for any established brand, but when Apple is involved, you know that there will be both demand and supply through the roof given the iPhone role as a status symbol, especially in Asia where most of the fake goods originate from. Two Chinese students in Oregon, Yangyang Zhou, and Quan […]

Retail Asia27/03/2019

China Mobile has reported a 3.1% increase in net profit for 2018 to 117.78 billion yuan ($17.58 billion) as the company focused on reducing costs and increasing operational efficiency. Operating revenue declined 0.5% in reported terms to 736.82 billion yuan, but grew 1.7% after 2017’s results were recalculated using the new IFRS revenue standard.. Telecommunications […]

Tag: wire

Digital payment firm Vietnam’s second startup unicorn

TransferWise Partners Alipay in China

AirAsia’s BigPay Launches International Remittance Services

Venmo borrows popular PayPal feature to expand on its Instant Transfer capabilities

Apple ‘fixed’ thousands of fake iPhones

China Mobile reports $17.6b profit for 2018