WeChat Pay Launches ‘Flagship Airport’ Program in Battle Against Alipay, UnionPay

Perhaps nowhere is the battle for Chinese tourists’ payments more obvious than in airports. For Alipay and WeChat Pay, presence in international airports is required to maintain the impression that their platforms genuinely are available in the international space. If these payment options aren’t even available in the most international of spaces—the airport—why would Chinese … More WeChat Pay Launches ‘Flagship Airport’ Program in Battle Against Alipay, UnionPay

China Mobile Launches UK Carrier for Chinese Tourists

First came the airlines, then came UnionPay, followed by mobile payment providers—and now: Chinese cellphone carriers. State-owned mobile services giant China Mobile is betting on the future of Chinese travelers (and expatriates) in the United Kingdom with a new partnership with UK telecom incumbent BT Group. The partnership will see China Mobile launch a mobile … More China Mobile Launches UK Carrier for Chinese Tourists

Alibaba invests in electric car startup Xpeng

Online shopping giant Alibaba has invested in an electric car startup, it said today. Alibaba confirmed the move this evening to Tech in Asia following rumors in Chinese media about it funding Xpeng(also known as Xiaopeng), which last month launched its first vehicle, the all-electric Identy X SUV. The funding amount isn’t disclosed, but several … More Alibaba invests in electric car startup Xpeng

Online Shopping is China’s “National Pastime” – same time the regulators are giving several alerts about a growing debt problem

  “Shut up the ping pong table and put away the mahjong tiles. Seventy-seven percent of Chinese people say that online shopping is their “favorite leisure activity”, according to a report released yesterday by KPMG and online shopping platform Mei.com. The fourth annual China’s Connected Consumers survey asked 3,004 people in mainland China about their … More Online Shopping is China’s “National Pastime” – same time the regulators are giving several alerts about a growing debt problem

Google: Southeast Asia’s online economy is growing faster than we predicted

Google and Singapore sovereign fund Temasek released their latest report on the state of Southeast Asia’s online economy today, following their inaugural study published in May last year. The earlier edition predicted that the region’s number of internet users would grow from 260 million to 480 million by 2020. Google and Temasek estimated that Southeast … More Google: Southeast Asia’s online economy is growing faster than we predicted

Britain Does What America Won’t: Open Skies with China

Brexit has created substantial concerns about the British economy and its place in the world. Currently, the Tory government is currently in triage mode. Britain had an ideal agreement with the EU, where they could both maintain currency independence and take advantage of the inter-connectivity of the European economy. Given Britain’s precipitous economic standing, maintaining … More Britain Does What America Won’t: Open Skies with China

Do Netizens-next-door Make Good Luxury Ambassadors?

Online influencers are increasingly integral to luxury and beauty brands’ sales strategies in China. Most influencer marketing programs are still in their infancy—the majority have been active for less than two years, according to a report by Fashion and Beauty Monitor—but that hasn’t stopped brands spending a significant chunk of their marketing budget on partnerships … More Do Netizens-next-door Make Good Luxury Ambassadors?

Black boxes, human factors, and the unintended consequences of today’s AI

Fear of an AI being running amok has been a popular theme in science fiction and movies. But rather than a Frankenstein or Matrix, what we’re starting to see are myriads of AI applications that become part of our everyday lives in ways that we may not even be aware of: from our Uber rides … More Black boxes, human factors, and the unintended consequences of today’s AI