yuan digital

Will China’s Digital Currency Revolutionize Global Payments?

Daniel Wagner | More than 600 M Chinese already use Alibaba’s Alipay and Tencent’s WeChat Pay to pay for much of what they purchase. Both companies control approximately 90% of China’s mobile payments market, which totaled some $17 trillion in 2019. The Chinese government understands that, via Blockchain, the issuance of its own cryptocurrency is an excellent way to track and record the movement of payments, goods and people: the unsexily named Digital Currency/Electronic Payments (DCEP).


Alibaba’s big deal

BEIJING | By CaixinE-commerce giant Alibaba Group’s huge initial public offering in New York has stirred the market. Raising US$ 25 billion in total after the company and some of its shareholders sold extra shares, Alibaba’s IPO now ranks as the biggest ever.

china brands

China imposes new brand order

Chinese Internet companies such as Weibo, Baidu and Tencent are sophisticating their business models to offer innovative products and services.  This crucial change brings to the brands made in China greater value at a global level as they go public on the New York Stock Exchange.

No Picture

Alibaba Continues Net Video Spree by Starting Production Firm

BEIJING | By Liu Ran via Caixin | E-commerce giant Alibaba Group Holdings Ltd. has taken another step forward in the online video business by establishing a video production business. China Vision Media Group Ltd., which is 60 percent owned by Alibaba and listed in Hong Kong, registered Alibaba Pictures Group Ltd. in Hong Kong on April 3, a source who works at Alibaba said. The legal representative of the new company is Dong Ping, the chairman of China Vision.


What Is Alibaba Worth? That Depends on Tencent

BEIJING |By Jeffrey Towson via Caixin | The valuation of China’s largest e-commerce company is tied to its market share, margins and return on capital, factors its rival can easily impact. Far the low-end of predictions have put Alibaba at US$ 80 billion to US$ 100 billion. The majority of estimates are in the US$150 billion range. And a few analysts are making headlines with predictions of US$ 250 billion and above.