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China's Alipay to sell its stake in India's Zomato for nearly $400M
Chinese payments group Alipay launched a $400 million accelerated bookbuild to sell its stake in Indian food delivery giant Zomato, according to the deal's term sheet on Wednesday.
Vietnamese students in China get familiar with cashless lifestyle
When she first arrived in China at the beginning of this year, Truong Thi Huong Giang surprised a supermarket cashier by seeking to pay in cash.
China's Alibaba under fire over use of customer data
Concerns mounted as Alipay customers learnt their data has been used non-consensually.
January 5, 2018 | 02:16 am PT