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WeChat is quietly ranking user behavior to play catch-up with Alibaba – TechCrunch

WeChat is quietly ranking user behavior to play catch-up with Alibaba – TechCrunch Over one billion people leave behind trails of information on WeChat every day as they use the messenger to chat, read, shop, hail rides, rent umbrellas and run many other errands. And the Tencent app has quietly …

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The next phase of WeChat – TechCrunch

The next phase of WeChat – TechCrunch Thousands of people gathered Wednesday night in a southern Chinese city for Zhang Xiaolong, Tencent’s low-key executive who built WeChat eight years ago. It’s no longer adequate to call the app a messenger, for it now enables myriads of functions that infiltrate Chinese …

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Pakistani Bank Teams With Alipay for Blockchain Remittances

Pakistani Bank Teams With Alipay for Blockchain Remittances Pakistan-based Telenor Microfinance Bank, a subsidiary of Norwegian telecoms multinational Telenor Group, has launched cross-border payments using blockchain technology from payments firm Alipay. Claiming it as Pakistan’s first blockchain-based international remittance service, the bank announced Tuesday that the product is a joint effort …

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Alibaba-backed Hellobike bags new funds as it marches into ride-hailing – TechCrunch

Alibaba-backed Hellobike bags new funds as it marches into ride-hailing – TechCrunch 2018 has been a rough year for China’s bike-sharing giants. Alibaba-backed Ofo pulled out of dozens of international cities as it fought with a severe cash crunch. Tencent-backed Mobike puts a brake on expansion after it was sold to …

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WeChat e-wallet teams up with Line to target Japan’s 7M Chinese tourists – TechCrunch

WeChat e-wallet teams up with Line to target Japan’s 7M Chinese tourists – TechCrunch China’s biggest chat app WeChat is set to make its payments service more ubiquitous in Japan, a popular outbound desitnation for Chinese tourists. On Tuesday, the Tencent-run messenger unveils a partnership with Japan’s Line chat app …

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Tencent e-wallet is following Alibaba to Hong Kong subways – TechCrunch

Tencent e-wallet is following Alibaba to Hong Kong subways – TechCrunch China’s payments giants have taken their battle to Hong Kong. Less than a week after Ant Financial announced adding QR codes to the city’s MTR public transport network of rail and buses, Tencent’s WeChat Pay unveiled a similar scheme …

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Hong Kong is adding QR code payments to its subway stations – TechCrunch

Hong Kong is adding QR code payments to its subway stations – TechCrunch A new dispatch from our ‘QR Codes Are Very Much Alive In Asia’ reporting program: Hong Kong’s subway system will soon allow its commuters to pay by scanning QR codes thanks to a deal with Alibaba that …

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11/11 shows biometrics are the norm for payments in China – TechCrunch

11/11 shows biometrics are the norm for payments in China – TechCrunch Chinese consumers were quick to adopt digital payments, and a recent shopping binge showed they are ready for another leap: biometric payments. On November 11, Alibaba wrapped up Singles’ Day – the world’s largest shopping event – and …

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Alibaba made a smart screen to help blind people shop and it costs next to nothing – TechCrunch

Alibaba made a smart screen to help blind people shop and it costs next to nothing – TechCrunch Just a few years ago, Li Mengqi could not have imagined shopping on her own. Someone needed to always keep her company to say aloud what was in front of her, who’s …

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China’s Youon expands into Europe as other bike startups backpedal worldwide – TechCrunch

China’s Youon expands into Europe as other bike startups backpedal worldwide – TechCrunch A little known Chinese bike company is riding into Europe as its peer Ofo has applied the brakes to its global expansion strategy in recent months. Youon, which gets by manufacturing public bikes for city governments across …

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