Tag: wechat

New platform coming to China’s mobile commerce scene

Stephen Vagus
mobile commerce asia pacific

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…

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Tencent and Alibaba May Hold the Future of Mobile Commerce Between Them

Note From The Editor
Bejing China QR Codes mobile commerce

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…

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Alibaba sets its sights on mobile commerce

Jesse Collins
Mobile Commerce

Alibaba’s future may now be intertwined with mobile shopping and payments Alibaba, one of China’s largest and most influence online retailers, has submitted its initial public offering files, which have been made available for public viewing. Mobile is mentioned some 254 times in the filings, underlining the company’s strong interest in mobile commerce. Notably, other companies that could rival Alibaba, such as Amaon and eBay, also have an interest in the mobile commerce space, but they lack the clout that Alibaba has managed to accrue in recent years. Currently, the…

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Mobile payments may impact Alibaba’s IPO

Stephanie Beck
Mobile Payments for ipad

Alibaba takes the last steps toward initial public offering in the US Chinese retail giant Alibaba is currently undergoing something of a transformation. Last year, the company’s founder, Jack Ma, stepped down as CEO to embrace pseudo-retirement. Ma has continued to play a central role in determining Alibaba’s future, which is beginning to look quite mobile-centric. Alibaba is preparing to submit its first major filings in its initial public offering in the U.S. and speculation concerning how the IPO will fare is running rampant. Focus on the mobile space has…

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Tencent to leverage mobile commerce services through new investment

Stephen Vagus
Mobile Commerce Trends

Tencent invests $180 million in Leju, acquires 15% stake in company China’s Internet giant Tencent continues to make moves in the digital space. The company has made a $180 million investment in Leju, a provider of digital real estate services based in China. Tencent now has a 15% stake in the company and believes that Leju can further bolster its digital presence. Tencent has become engrossed in the mobile field, making investments in several mobile commerce firms over the past several months. The company is currently competing with Alibaba, which…

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