Tmall.com Teams With Oil Giant For Mobile Payments
Chinese B2C e-commerce platform Tmall.com and China National Petroleum Corporation’s Hunan branch will integrate their resources to launch a mobile payment service model. Tmall.com, which is a subsidiary of Alibaba, said that the company will integrate Alibaba’s ecosphere to help CNPC Hunan implement an “Internet Plus” transformation that includes an online store, mobile payment, big […]
PBOC Halts Virtual Credit Cards And Mobile Payments In China
The People’s Bank of China has issued an emergency alert to stop the use of virtual credit card products as well as two-dimensional code payments that are often used with mobile devices. Chinese Internet companies like Alipay and Tencent previously launched such services. However, neither company has given any comment on the situation. The emergency […]
UCWeb Plans Operating Platform In America In 2012
UCWeb, a leading provider of mobile Internet software technology and browser services in China, plans to establish its operating platform in America in 2012.