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How Are People Using the Internet in China?

Getting Around Town Ride sharing & mobile taxi services saw their user base rise to 278 million Limousine booking services saw their user base rise to 217 million Bicycle rental services saw their user base rise to 106 million Online Education Online education saw it’s user base grow to 144 mill...

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A Guide to Exporting to China from Europe

Exporting to China can be a great move for your business if done correctly. There is a huge market for crossborder ecommerce in China. One of the first questions you may ask yourself when considering whether or not to export to China, is whether or not it is legal to ship your product there. Thankfu...

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Paypal Challenges Paytm for Indian Market

Paypal is going head to head with Paytm (who are backed by Alibaba) by launching domestic operations in India. Anupam Pahuja is the managing director of Paypal India. He told that “India is transitioning away from our biggest competitor – cash – and our digital platform and technology has immense sc...

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Fintech is Revolutionising International B2B Payments

In this globalised world, more and more businesses are connecting with foreign suppliers. International B2B payments via wire transfer should be simple, but the reality is that it’s not so easy. What is the problem with the current system? It’s simple enough to move money to your supplie...

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China’s Golden Week & Overseas Success For Alipay

Golden Week is a bi-annual national holiday in China that lasts 7 days. It occurs in January or February, to celebrate the Chinese Lunar New Year, and then again on the 1st of October to celebrate National Day. During Golden Week, Alibaba saw a big surge of in-store transactions overseas compared to...

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Alipay & WeChat Going Global – The Challenges and Strategies Imposed By Two Giants

Cash is rapidly becoming obsolete in China. What could possibly replace it? QR code based mobile payment solutions, like those run by Alipay-Alibaba  and WeChat-Tencent. These QR based solutions have proven to be faster than cash, with less hassle yet at the same time just as valid. In China, you ca...

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