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Bob Hoyler, Manager of Retail and Digital Consumer Insights at Euromonitor International, discusses the retail ecommerce landscape of Asia-Pacific as a hub for growth and innovation.
ecommerce, retail, online shopping, super app, livestream shopping, live commerce
Alibaba has announced that its core ecommerce platforms, Taobao and Tmall, will now accept payments via Tencent's WeChat app.
partnership, ecommerce, checkout optimisation , payments , payment methods
Mobile payment platform JD Pay, a subsidiary of major China-based ecommerce company JD.com, has achieved support for WeChat personal and merchant payment codes.
ecommerce, mobile payments, digital wallet, digital payments, partnership
Payments network UnionPay International (UPI) has entered a collaboration with JD.com to leverage JD PAY, the latter’s digital payment service, to improve cross-border shopping.
partnership, online payments, online platform, online shopping, cross-border payments, cross-border ecommerce
China-based JD.com has announced the launch of its JD Smart Check, an improved suite of authentication processes, for imported goods in the region.
product launch, fraud management, fraud detection, fraud prevention, online fraud, blockchain
China-based ecommerce platform JD.com has introduced the ‘Pavilion of Canada’, an online flagship store on its platform supported by the embassy of Canada in Beijing.
ecommerce, online shopping, cross-border ecommerce, cross-border logistics, shopping
US-based financial institution JP Morgan has announced the decision to restrict its employees from using the artificial intelligence program ChatGPT.
online banking, digital banking, financial institutions, financial services, artificial intelligence
China-based ecommerce platform JD.com has announced that it will launch an industrial version of ChatGPT dubbed ChatJD on JD Cloud's artificial intelligence application platform, Yanxi.
product launch, ecommerce, payments , artificial intelligence, ChatGPT, cloud, data, financial services, retail, fintech, digitalisation
cross-border payments, marketplace, ecommerce, B2B2B2C, regulation
JD.com has pulled the plug on its Thailand and Indonesian platforms in a setback for the company’s overseas expansion efforts.
ecommerce, data, cross-border ecommerce, supply chain finance, merchants
The People’s Bank of China (PBC) has included in its currency circulation report the country’s central bank digital currency (CBDC), the e-CNY, also known as digital yuan.
report, CBDC, digital currency, digitalisation, crypto, digital banking, digital assets
Chinese private companies have implemented an initiative to de-anonymize non-fungible token (NFT) trading.
regulation, partnership, NFT, blockchain
Browse the most up-to-date analysis of the ecommerce payments partnerships signed in the last two quarters made by The Paypers and extracted from the latest Who's Who in Payments Report 2022
BNPL, account-to-account payment, partnership, ecommerce, Open Banking, ecommerce platform, merchant, Merchant Service Provider, contactless payments
Elena Gatti, Managing Director Europe at Azoya, talks about four main changes that are happening in the Chinese retail sector, providing pointers on how to sell successfully to China
cross-border ecommerce, retail, livestream shopping, Alibaba, ecommerce, online shopping, QR code, WeChat Pay
Canada-based ecommerce company Shopify has signed a deal with China-based retailer JD.com to make it easier for US merchants to sell to consumers in China.
cross-border ecommerce, Shopify, ecommerce, partnership, merchants, marketplace
CBDC, digital currency, blockchain, payment methods
Gojek, Tokopedia, GoTo Group, merger, ecommerce
expansion, marketplace, ecommerce, online shopping, COVID-19
Huawei, acquisition, mobile payments
Huawei has been in talks to acquire Xunlian Zhipay, a licensed clearing house, although, the deal has not yet been officially announced and requires regulatory approval.
Huawei, mobile payments, payment license, acquisition, Huawei Wallet