Alibaba Group Holding to invest $4.6 bln in China electronics retailer Suning

Alibaba Group Holding to invest $4.6 bln in China electronics retailer Suning

By Carrie Ann - Aug 10, 2015

China’s largest e-commerce giant Alibaba Group Holding Ltd announced Monday that it will invest 28.3 billion yuan ($4.56 billion) in Suning Commerce Group Co Ltd to take a 19.99

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JD.Com, and ZestFinance Offer Big Data Credit Scoring Services in China

JD.Com, and ZestFinance Offer Big Data Credit Scoring Services in China

By Christy Gren - Jun 26, 2015

China’s e-business firm JD.com Inc is offering Big Data credit scoring services to Chinese customers, as a joint venture with U.S. credit-scoring technology company – ZestF

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Alibaba and Ant Financial Aim to Capture China’s Local Service Market

Alibaba and Ant Financial Aim to Capture China’s Local Service Market

By Christy Gren - Jun 23, 2015

Alibaba Group Holding Ltd. and its affiliate partner Ant Financial Services Group announced today that both the companies will invest around $1 billion and resources to establish a

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Apple Inc. To Launch Mobile Payment System In China

Apple Inc. To Launch Mobile Payment System In China

By Christy Gren - May 12, 2015

Apple Inc. is entering into a partnership with Alibaba Group Holding Ltd and Chinese banks to bring the firm’s mobile payment system in China. Apple’s CEO, Tim Cook stated in a

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