Yu'e Bao
Alibaba Eyes Hong Kong Version of Yu'E Bao
| Mitch de Leon | | Sep 30, 2014 06:49 AM EDT |
Alibaba is reportedly eyeing the possibility of creating a Hong Kong version of its widely used Chinese money market fund.
China has seen a triple digit rise in payments by mobile phones, according to an e-commerce report.
| Rhona Arcaya | | Aug 04, 2014 07:46 PM EDT |
The 2014 China Internet Financial Development Report said Chinese mobile phone payments jumped 707 percent year on year in 2013.
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