China

China

Nine leading financial technology (fintech) companies have been selected for the sixth annual FinTech Innovation Lab Asia-Pacific, a 12-week mentorship program created by Accenture. This year’s program set a record for applications, with submissions from more than 170 companies. Sign up for Which-50’s Irregular Insights newsletter Leveraging AI, RegTech, blockchain

Alibaba, Salesforce

Salesforce is ramping up its presence in the Chinese market, signing an exclusive sales agreement with internet giant Alibaba. As part of the partnership announced today, Alibaba will become the exclusive provider of Salesforce to customers in mainland China, Hong Kong, Macau, and Taiwan. And Salesforce will become the exclusive

After a successful trial in Sydney, Alipay has expanded its ‘city card’ program to Melbourne to promote the city’s leading tourist and retail destinations to Chinese visitors. The new Melbourne City Card is being promoted by City of Melbourne to participating business precincts and shopping centres as part of the

Chinese border police are installing spyware apps on tourists’ phones when they enter the country’s Xinjiang region. The app records and downloads personal data including messages, call logs and contacts, according to international media outlets. Sign up for Which-50’s Irregular Insights newsletter The forced surveillance is believed to be part

Daniel Zhang, CEO of Alibaba Group

Alibaba’s Tmall Global launched its first English-language website to attract more merchants and businesses from around the world to join China’s largest cross-border online shopping platform. The portal makes it easier for sellers of all sizes to capitalise on burgeoning demand from Chinese consumers for high-quality imported products. Tmall Global

technology investment money finance business

APAC organisations will spend over $US375 billion on digital transformation this year with a five year CAGR of 17.4 per cent to 2022, according to new research from International Data Corporation (IDC). China is driving most of the region’s spend with heavy investment in manufacturing, according to the report IDC

Mention the autonomous car and it’s hard to avoid the image of a Tesla gliding down a Californian highway. But the biggest automotive market in the world is China, which means the biggest market for autonomous cars will also be China, and companies that fail to notice will be missing

Ecargo (ECG) has completed its acquisition of China export business Metcash Export Services from supermarket wholesaler Metcash. The wholesaler, which supplies more than 10,000 independent retailers in Australia, still owns 15 per cent of Metcash Export Services, while ECG controls the remaining 85 per cent. The Metcash’s China team will

The Federal Parliament has suffered a cyber breach and various media outlets are reporting that security agencies are investigating if China is the possible source. Sources have told the ABC the attack was detected in its early stages but authorities are yet to determine if data had been stolen during

Chinese mobile payments company Alipay and Tourism Australia will pilot a new city service in Sydney to promote leading tourist and retail destinations to Chinese tourists, throughout the Chinese New Year festive period in early February. The Sydney City Card will introduce Chinese tourists to sights and activities in hotspots