Chinese ecommerce giant Alibaba looks set to eclipse the world’s biggest previous IPO — the 2008 of Visa — with a $US68 listing price that values the business at $US167 billion. The pricing reflects excitement around the IPO, and the confidence of the underwriters given that the price is at the

Australian Bitcoin service startup Coinjar today began trialing CoinJar Swipe, the first EFTPOS card which allows Bitcoin holders to spend their digital currency anywhere they like. CoinJar teamed up with emerchants, the leading prepaid payments solution provider in Australia, to develop Coinjar Swipe. Bitcoins are being used by an estimated 500,000

When Alibaba floats later this week, it is expected to be the largest IPO ever — exceeding even that of Visa in 2008. And while much of the attention will focus on the headline number in the early days after it it goes public, research outfit Ovum suggests that there

  A profile on Alibaba founder Jack Ma, Target’s omnichannel experience  and Twitter as a retailer were the three big conversation charters in the omnichannel social stream this week. But just as interesting were the sources of those shares; the BBC, a Target management conference and a pop music webzine.

Yesterday Apple revealed Apple Pay, along with its intention to have a red hot go at the market for mobile payment services. But the question remains: are consumers ready? Opinion is divided about how successful the company will be. Those focusing on its track record and finance industry relationships are

Twitter may well have quitter problem but its engaged and active users share one common characteristic beloved by brands – they spend like crazy. Yesterday the company announced that it had started rolling out a buy button to a small set of US users which would allow them to purchase

Yeah, nice new phones, and the Apple Watch is pretty enough, but the really revolutionary idea on display this morning — and the one most likely to seriously disrupt current behaviour over the long term — is Apple Pay, a frictionless transaction service. With Amex, Visa and Mastercard already onboard

Aside from it’s remarkable business, the fascinating characteristic of Alibaba is the willingness of otherwise cynical market analysts to buy the story. Of course, there are plenty of reasons to believe that Alibaba has ample growth ahead. Not the least being the potential of its core business to simply collapse

  The humble press release is the liner of paper bins and clogger of digital arteries in news rooms the world over. The very fact that its information is flagged for general release immediately diminishes it in the eyes of the traditional gate keepers of the public’s right to know

Amazon, the world’s largest online retailer, has been trialing its own credit card for some time and now it is ready to ramp it up.  Given the $75bn in 2013 sales (and growing in 2014), the Card divisions of all banks (except maybe Chase…the bank behind the Amazon card) should