Mobile payments continue to grow in China Mobile commerce is making strong progress in China. A growing number of people are using their mobile devices to shop online and this is putting pressure on businesses to become more mobile-centric or risk being left behind by consumers. American Express has announced its partnership with China Mobile, the largest telecommunications company in China. Through this partnership, the two companies will work to promote Hebao, an NFC-based mobile payments system. Hebao aims to make it easier for Chinese consumers to make payments while…
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Competition is heating up in China’s mobile commerce space
Alibaba may soon see its position threatened in China China’s e-commerce space may soon see a significant shift in power. Alibaba, one of the largest e-commerce and Internet organizations in the world, is preparing to launch an initial public offering on the New York Stock Exchange. This has taken a significant degree of the company’s focus, and created an opportunity for its competitors to make moves to establish their own dominance in the digital commerce field. JD.com set to begin selling products through the Mobile QQ platform JD.com, Alibaba’s chief…
Read MoreNew platform coming to China’s mobile commerce scene
New platform could potentially compete with Alibaba in mobile and e-commerce Alibaba may not be the leading name in China’s e-commerce scene for much longer. Singapore’s YuuZoo and the Shanghai Media Group are planning to launch a new social media and e-commerce platform that intends to rival Alibaba in China. The new platform will not only cater to the traditional Internet audience, of course, as it will also seek to engage mobile consumers that have become enthralled with the idea of mobile commerce. Platform aims to integrate social media into…
Read MoreTencent and Alibaba May Hold the Future of Mobile Commerce Between Them
The world of commerce is changing and mobile technology is playing a major role in that change. Consumers throughout the world are becoming more reliant on their smartphones and tablets and are using these devices to interact with one another as well as businesses. Nowhere in the world is this more apparent than in China, where consumers have become enthralled with the idea of mobile commerce. In China, two of the country’s largest companies are competing with one another for dominance in the budding mobile commerce field. Alibaba is one…
Read MoreAlibaba’s mobile commerce endeavors may benefit from new merger
Company forms new department to handle mergers with other businesses China’s e-commerce behemoth Alibaba has established a new department, which is responsible for the integration of businesses involving the mobile browser, search, and gaming services. This department will take care of the mergers that Alibaba is looking to make with other companies that exist in the mobile space. The first such company is UCWeb, which is a prominent mobile Internet browser company. By teaming with UCWeb, Alibaba is expected to further solidify its growing dominance of the mobile space. UCWeb…
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