Ant Financial

Alipay Launched Credit Rent

On October 10, Alipay officially announced that it would introduce free deposit and monthly-pay rent service in eight cities. It is reported that the first batch of cities are Shanghai, Beijing, Shenzhen, Hangzhou, Nanjing, Chengdu, Xi’an and Zhengzhou. If users’ Zhima Credit(芝麻信用)exceeds 650, they can enjoy deposit exemption and pay rent monthly. It is worth […]

Alibaba is on the heels of Amazon

Gap of Market Value between Alibaba and Amazon is Just 1.3% Narrowing Nearly 100 Billion Dollars in Past Two Months. By September 22nd, Amazon’s market value was $456.5 billion and Alibaba‘s was $450.7 billion. Their gap was just 1.3%. Almost two months ago, the gap in market value between these two companies reached $100 billion. […]