Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession
Posted in Alibaba alibaba group asia business ceo chairman coo daniel zhang Donald Trump e-commerce eCommerce Entrepreneur internet access Jack Ma media online payments South China Morning Post Southeast Asia teacher Tech The New York Times

Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession

Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on…

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Google is supercharging its Tez payment service in India ahead of global expansion
Posted in apps asia economy financial services Google Google Pay ibibo India mobile payments Money online payments payments peer to peer Southeast Asia Tech tez Uber Xiaomi

Google is supercharging its Tez payment service in India ahead of global expansion

Google launched its Tez paymen app in India a year ago, and now the company is giving the service major push into retail as it…

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Costco now supports Apple Pay across all of its US stores
Posted in analyst Apple Apple I apple inc Apple Pay apple store apps Banking costco CVS eBay economy Google mobile payments online payments payments Samsung Tech Technology United States WASHINGTON

Costco now supports Apple Pay across all of its US stores

Apple has landed a big new partner for Apple Pay in the U.S. after Costco began accepting the mobile payment service across 750 stores. The…

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SoftBank’s Vision Fund to help Chinese online insurance giant ZhongAn go international
Posted in Alibaba alibaba group asia China consumer finance Didi Chuxing Fundings & Exits Japan online payments Paytm Softbank SoftBank Group Tech Tencent Vision Fund zhong an ZhongAn

SoftBank’s Vision Fund to help Chinese online insurance giant ZhongAn go international

SoftBank’s Vision Fund is backing Chinese online insurance giant ZhongAn through its latest investment, which could take the company — which has struggled for stability…

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Fast-growing Chinese media startup ByteDance is raising $2.5B-$3B more
Posted in Alibaba alibaba group Ant Financial apps asia Beijing bytedance China didi Didi Chuxing musical.ly online payments Software Tech The Financial Times The Wall Street Journal tiktok Toutiao Uber United States

Fast-growing Chinese media startup ByteDance is raising $2.5B-$3B more

Fast-growing Chinese media startup ByteDance is looking to raise as much as $3 billion to continue growth for its empire of mobile-based entertainment apps, which…

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