Alipay

Tinaba and Ant Group Expand Their Partnership to Allow Italians to Pay in Asia Directly With Their App via Alipay+ Solutions

Retrieved on: 
Monday, July 3, 2023

Italian travelers who are Tinaba customers are now able to make cross-border payments via QR code at Alipay+ partner merchants, both in South Korea - thanks to the support of Kakao Pay - and in Malaysia.

Key Points: 
  • Italian travelers who are Tinaba customers are now able to make cross-border payments via QR code at Alipay+ partner merchants, both in South Korea - thanks to the support of Kakao Pay - and in Malaysia.
  • The integration of Alipay+ is one more piece of the already extensive partnerships between Ant Group, Tinaba, and Banca Profilo as acquirers, which began in 2019.
  • The partnership, which is also expanding in Italy, is a payments ecosystem with a unique experience without language and currency barriers.
  • The seamless experience is now being extended to other Asian travellers under the collaboration between Alipay+ and Tinaba.

515 Fosun Family Day Sales Growth Beats Expectations, Gaining Popularity and Boosting Consumption

Retrieved on: 
Friday, June 30, 2023

As an important part of the Double Five Shopping Festival, the 515 Fosun Family Day together with more than 60 well-known domestic and foreign brands under its umbrella delivered stellar results and boosted consumption, with a year-on-year growth of 32% in overall sales, of which sales of consumer brands increased by 54% year-on-year.

Key Points: 
  • As an important part of the Double Five Shopping Festival, the 515 Fosun Family Day together with more than 60 well-known domestic and foreign brands under its umbrella delivered stellar results and boosted consumption, with a year-on-year growth of 32% in overall sales, of which sales of consumer brands increased by 54% year-on-year.
  • Gold and catering business saw significant growth, boosting consumption
    The 515 Fosun Family Day is the largest annual event for Fosun and its affiliated brands to give back to customers.
  • This year, the 515 Fosun Family Day, which ran from 1 May to 20 June, spanned May Day and the Dragon Boat Festival, covering more than 240 essential items in the Fosun ecosystem, of which roughly 100 items were newly introduced for the occasion.
  • New scenes to connect new customer groups, gaining popularity
    In addition to a series of promotional activities, Fosun integrated its industries during the 515 Fosun Family Day, and connected new customer groups through new scenes.

IHG Hotels & Resorts Taps FreedomPay to Transform Commerce Technology

Retrieved on: 
Monday, June 26, 2023

Philadelphia, Pennsylvania, June 26, 2023 (GLOBE NEWSWIRE) -- IHG Hotels & Resorts , one of the world’s leading hospitality companies, has selected the FreedomPay Commerce Platform as its next generation payment technology to be used at close to 4,000 IHG properties in the U.S. and Canada, across notable brands such as InterContinental Hotels & Resorts, Kimpton Hotels & Restaurants, Hotel Indigo and Holiday Inn Express hotels.

Key Points: 
  • Philadelphia, Pennsylvania, June 26, 2023 (GLOBE NEWSWIRE) -- IHG Hotels & Resorts , one of the world’s leading hospitality companies, has selected the FreedomPay Commerce Platform as its next generation payment technology to be used at close to 4,000 IHG properties in the U.S. and Canada, across notable brands such as InterContinental Hotels & Resorts, Kimpton Hotels & Restaurants, Hotel Indigo and Holiday Inn Express hotels.
  • A global leader in hospitality technology, FreedomPay’s fully integrated payments will bring the highest level of speed, security and flexibility to IHG hotels and their guests.
  • “By partnering with FreedomPay, we will be able to provide guests with easier, faster and more secure payment options and lower costs for owners,” said Peter Palli, Senior Vice President, Hotel, Owner & Commercial Products and Platforms at IHG Hotels & Resorts.
  • Its fully integrated, patented technology offers unparalleled flexibility and options for enterprises operating across borders, industries and point-of-sale and merchant service providers.

Alibaba Group Announces Chairman and CEO Succession Plan

Retrieved on: 
Tuesday, June 20, 2023

Alibaba Group Holding Limited’s (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) board of directors today announced that Joseph C. Tsai, currently Executive Vice Chairman, will succeed Daniel Zhang as Chairman of the Company.

Key Points: 
  • Alibaba Group Holding Limited’s (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) board of directors today announced that Joseph C. Tsai, currently Executive Vice Chairman, will succeed Daniel Zhang as Chairman of the Company.
  • Following this transition, Mr. Zhang will continue to lead Alibaba Cloud Intelligence Group as its Chairman and Chief Executive Officer.
  • “It has been an incredible honor and privilege to lead Alibaba Group as CEO over the past eight years and Chairman over the past four years.
  • I look forward to working closely with Joe and Eddie in the coming months to ensure a seamless transition,” said Daniel Zhang, Chairman and CEO of Alibaba Group.

515 Fosun Family Day Sets Off Consumption Boom With Cumulative Sales of Nearly RMB10 Billion

Retrieved on: 
Friday, June 2, 2023

As an essential part of the Double Five Shopping Festival, the 515 Fosun Family Day delivered stellar results with nearly 10 billion (RMB, same below) omni-channel sales, boosting consumption.

Key Points: 
  • As an essential part of the Double Five Shopping Festival, the 515 Fosun Family Day delivered stellar results with nearly 10 billion (RMB, same below) omni-channel sales, boosting consumption.
  • This year's 515 Fosun Family Day collaborates with the Double Five Shopping Festival to target "new customer groups", "new supply" and "new scenes", stimulating consumption, unleashing consumption potential, and creating new consumption patterns.
  • Up to now, the 515 Fosun Family Day has registered nearly 10 billion omni-channel sales, delivering stellar results.
  • During the 515 Fosun Family Day period this year, Fosun integrated ecosystem brands to distribute consumption vouchers, which also accelerates the upgrading of online business.

Alipay Now Supports Users to Link Alipay to Their Apple ID in a One-stop Way Within Its App

Retrieved on: 
Thursday, June 1, 2023

Alipay today announced to launch a new feature for iPhone customers with the latest version of Alipay app to quickly add Alipay to their Apple ID and complete payment authorization one-stop within the app.

Key Points: 
  • Alipay today announced to launch a new feature for iPhone customers with the latest version of Alipay app to quickly add Alipay to their Apple ID and complete payment authorization one-stop within the app.
  • Alipay app is the world’s first third-party payment app to launch this new feature to greatly optimize iPhone customers’ shopping experience.
  • Updating to iOS 16.4 and later, iPhone customers can search for “Apple” in the Alipay app to enter the “Apple Zone”, add Alipay to their Apple ID and complete the payment authorization.
  • Users can manage their accounts from the “Apple Zone”, including setting monthly payment limits and checking up details of each purchase etc.

Ant Group Publishes 2022 Sustainability Report with ESG Strategy Implementation Progress Update

Retrieved on: 
Thursday, June 1, 2023

Ant Group (or the “Company”) today released its 2022 Sustainability Report, highlighting progress made in implementing its Environmental, Social and Governance (ESG) strategy throughout 2022.

Key Points: 
  • Ant Group (or the “Company”) today released its 2022 Sustainability Report, highlighting progress made in implementing its Environmental, Social and Governance (ESG) strategy throughout 2022.
  • Eric Jing, Chairman & CEO of Ant Group, wrote in his opening remarks of the report.
  • For the first time in the 2022 sustainability report, Ant Group introduced an assessment and disclosure framework in line with the guideline of the Task Force on Climate-related Financial Disclosures (TCFD).
  • Since 2017, Ant Group has been publishing annual sustainability reports, following the Global Reporting Initiative standards.

Host city Hangzhou gives away 100, 000 Asian Games tickets in 1 million gift packs for global tourists

Retrieved on: 
Thursday, June 1, 2023

HANGZHOU, China, June 1, 2023 /PRNewswire/ -- Hangzhou, China, the host city for the 19th Asian Games and 4th Asian Para Games, today announced it is giving away 1 million gift packs with a rich variety of travel benefits through lotteries to welcome global visitors.

Key Points: 
  • HANGZHOU, China, June 1, 2023 /PRNewswire/ -- Hangzhou, China, the host city for the 19th Asian Games and 4th Asian Para Games, today announced it is giving away 1 million gift packs with a rich variety of travel benefits through lotteries to welcome global visitors.
  • Participants also have the opportunity to win 100,000 free tickets to the Asian Games, according to Hangzhou Municipal Bureau of Culture, Radio, TV and Tourism.
  • The global initiative aims to enhance tourists' experience during the 2022 Asian Games and Para Games, which will take place in September and October in Hangzhou.
  • The application for the last batch of 400,000 gift packs will be open from October 10 to October 20.

Host city Hangzhou gives away 100, 000 Asian Games tickets in 1 million gift packs for global tourists

Retrieved on: 
Thursday, June 1, 2023

HANGZHOU, China, June 1, 2023 /PRNewswire/ -- Hangzhou, China, the host city for the 19th Asian Games and 4th Asian Para Games, today announced it is giving away 1 million gift packs with a rich variety of travel benefits through lotteries to welcome global visitors.

Key Points: 
  • HANGZHOU, China, June 1, 2023 /PRNewswire/ -- Hangzhou, China, the host city for the 19th Asian Games and 4th Asian Para Games, today announced it is giving away 1 million gift packs with a rich variety of travel benefits through lotteries to welcome global visitors.
  • Participants also have the opportunity to win 100,000 free tickets to the Asian Games, according to Hangzhou Municipal Bureau of Culture, Radio, TV and Tourism.
  • The global initiative aims to enhance tourists' experience during the 2022 Asian Games and Para Games, which will take place in September and October in Hangzhou.
  • Caption: Host city Hangzhou gives away 100, 000 Asian Games Tickets in 1 million gift packs for global tourists.

Tourists from Four Asian Countries and Regions Can Now Pay in Thailand with Mobile Wallets

Retrieved on: 
Tuesday, May 30, 2023

Enabled through Alipay+, the latest development and the addition of three more mobile wallets will expand the seamless digital travel experience for more Asian tourists visiting Thailand, in the midst of a rapid rebound in the local tourism industry.

Key Points: 
  • Enabled through Alipay+, the latest development and the addition of three more mobile wallets will expand the seamless digital travel experience for more Asian tourists visiting Thailand, in the midst of a rapid rebound in the local tourism industry.
  • Ant Group also unveiled new collaborations with the Tourism Authority of Thailand (“TAT”), to promote the Amazing Thailand campaign and to stimulate travel in Thailand.
  • Users of all four mobile wallets can now seamlessly pay for purchases of flight tickets using their wallets, and enjoy competitive foreign exchange rates.
  • In addition to Thailand, Alipay+ is also widely accepted in destinations including the Chinese mainland, Macao SAR, Singapore, Japan, South Korea among others.