Eight Overseas wallets have been integrated into WeChat Pay, allowing direct payment through WeChat scanning.

① WeChat Pay has added access for 8 Overseas Institutions wallets. ② WeChat Pay will also expand "outsourcing for internal use" to over 10 Overseas Institutions wallets in multiple countries and regions, including South Korea, Singapore, and Malaysia.

cls.cnDec 17 08:32 ET

Alibaba Stock Rises Marginally In Overnight Trading On Robinhood Despite $1.3 Billion Loss From Sale Of Chinese Retail Chain Intime

BenzingaDec 17 02:45 ET

Alibaba lost 9.3 billion and sold 100% of its shares in Intime, while Youngor Group made another successful investment.

① Alibaba will sell 100% equity of Intime Department Store to a buyer consortium composed of Youngor Group and Intime management team members. ② This year, Youngor Group has strengthened its investment in physical businesses, opening 13 new fashion experience stores offline. ③ Alibaba entered Intime in 2014 and gradually became the largest shareholder; as New Retail progressed to a decline, Alibaba ultimately let go of Intime.

cls.cnDec 17 01:40 ET

Investing over 2 billion again! Zhongbao Investment, along with New China Life Insurance and others, establishes a new Fund as integrated circuit investment transforms from a "marathon" into a "relay race."

① Shanghai has become one of the centers of the integrated circuit industry in China, with significant contributions from insurance capital; ② China Insurance Investment and others have established a Fund, investing over 2 billion to take shares in the Shanghai integrated circuit Fund; ③ The advanced manufacturing industry, which is highly capital and technology-intensive, requires "live water" from insurance financial capital.

cls.cnDec 11 09:12 ET

Alibaba Games is about to launch an attack.

Inject enthusiasm.

wallstreetcnDec 9 20:26 ET

Alibaba Options Volume More Than Triples After China Vows to Bolster Growth

Luzi Ann SantosDec 9 14:32 ET