Fintech

The Chinese conglomerate is forming strategic partnerships in the city.

This move is designed to help WeChat close the gap between its 1.08 billion monthly active users and WeChat Pay’s 900 million monthly active users.

Even during the Chinese Spring Festival holiday between Feb 4 and Feb 10, Chinese residents in these 442 cities, which account for two thirds of China’s 657 cities, could still enjoy some governmental

This gives Wechat Pay and Alipay an avenue to operate locally, under the state-owned company’s terms.

Credit Culture receives S$40 million funding boost.

If the shutdown continues, some IPO scheduled for the spring could be delayed till the autumn, said a lawyer, adding that for small companies without backing form credit markets or venture capital, th

The partnership is expected to accelerate cashless payments in the Philippines

The new funding will see Akulaku deepens ties with Alibaba’s assets in Southeast Asia.