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  • October 22, 2014
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  1. Business - Companies - E-COMMERCE

    Alipay gets new name in financial services push

    Posted Oct 17th 2014, 05:29am by Reuters

    ... Reuters in Beijing Grouping of six entities in rebranding exercise aims to break traditional finance Alipay gets new name in financial service push E-commerce firm Alibaba Group Holding has changed the name of its Alipay financial services affiliate to Ant Financial Services Group as it steps up its push into the financial services industry. Alibaba has been aggressively ...

  2. Business - China Business - E-COMMERCE

    Alibaba unit boosts payment options for users

    Posted Oct 16th 2014, 05:51am by Bloomberg

    ... Bloomberg App to settle health care and car rental charges, ePass to let Chinese buy from retailers abroad Alipay boosts payment options in US and at home Alibaba Group Holding's ... them tools to help sell to consumers in China through a service called ePass. Alipay Wallet, the mobile software application for Alibaba's third-party payment system, will offer products ...

  3. Business - Companies - E-COMMERCE

    Costco to set up online store on Alibaba platform

    Posted Oct 15th 2014, 05:11am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com US retail giant making entry into Chinese market to tap the huge demand for foreign products Costco to set up online store on Alibaba platform Fresh from its stock listing in the United States, Alibaba Group Holding chairman Jack Ma Yun has started to bring a new wave of merchants to China through its online trading platform. American membership-only ...

  4. Comment - Insight & Opinion

    Smart investors bank on finding the next Alibaba

    Posted Oct 10th 2014, 12:51pm by Andrew Sheng

    ... Andrew Sheng Andrew Sheng says many eschew the publicly traded market to focus on the riskier SME market Outplayed by the fast traders, smart investors try to pick the next Alibaba ... to recognise a pattern. The most successful companies today are not the incumbent behemoths with 100-year-old histories. The most successful ones like Twitter, Facebook, Amazon, Alibaba and Tencent ...

  5. Business - Banking & Finance - BANKING

    Alibaba gains approval to establish commercial bank in Hangzhou

    Posted Sep 29th 2014, 11:52am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com New Hangzhou-based lender will offer deposit and loan services mainly to small enterprises Alibaba gets green light for private bank Alibaba Group may increase ... and loan services. Alibaba got the green light to establish the bank with a number of partners, the China Banking Regulatory Commission said yesterday. The regulator also approved the establishment ...

  6. Comment - Insight & Opinion - THE VIEW

    Alibaba runs on emotion, fundamentals have to wait

    Posted Sep 25th 2014, 04:04pm by RICHARD HARRIS

    ... Richard Harris Alibaba's golden age may well last for some time, at least while emotion trumps stock fundamentals Glowing and growing The exotic and mysterious tales of One Thousand ... interest. The modern-day Alibaba was placed on the New York Stock Exchange valuing the company at US$250 billion, a fortune that both Ali Baba and the Forty Thieves could not imagine. The question ...

  7. Business - Companies - UNDERWRITING

    Underwriting banks rake in US$300m windfall on fees for Alibaba IPO

    Posted Sep 22nd 2014, 10:11am by Reuters, Bloomberg

    ... Reuters and Bloomberg Banks rake in US$300m windfall on Alibaba IPO Alibaba's initial public offering in New York now officially ranks as the world's biggest at US$25 billion, ... greenshoe option to sell an additional 48 million American depositary shares, Alibaba said yesterday. The fees are equivalent to 1.2 per cent of the total deal, with Alibaba paying US$121.8 million ...

  8. Business - Money - LISTINGS

    Alibaba IPO size boosted after it took a walk in 'greenshoes'

    Posted Sep 24th 2014, 03:47am by Bloomberg

    ... Bloomberg in New York A technique first used in 1963 allowed banks to buy 48 million more shares at original IPO price Alibaba IPO size grew after a walk in 'greenshoes' When Alibaba increased the size of its initial public offering on Monday, it used a mechanism that was invented before any American president had visited China. It was February 1963, and a US company ...

  9. News - China - CHINA BRIEFING

    Alibaba's mega IPO signals rise of China's new wave of tech giants

    Posted Sep 22nd 2014, 08:18am by Wang Xiangwei

    ... Wang Xiangwei Monumental IPO underscores sector's vital role in creating jobs and economic growth Alibaba paves way for rise of tech firms As Alibaba, China's e-commerce giant, ... the mainland's richest man and among the wealthiest in Asia. As fireworks went off at Alibaba's headquarters in Hangzhou to celebrate the listing, it has also made many of its young employees US ...

  10. Business - China Business - CREDIT

    Web financing gives hope to cash-starved small firms

    Posted Sep 25th 2014, 06:26am by Victoria Ruan, DON WEINLAND, Daniel Ren

    ... Victoria Ruan in Beijing, Don Weinland and Daniel Ren in Shanghai Alibaba platform has so far approved 14 billion yuan in loans to help break credit bottleneck Web financing gives hope to cash-starved small firms Internet financing portals such as Alibaba could provide Beijing with a stealthy means to create a brand new stream of credit to support the flagging mainland economy ...




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