Sina will launch a Square style mobile payment solution with Lakala, a Chinese independent payment solutions powered by China Unionpay. The cooperation is still under negotiation, said by one staff from Lakala. Lakala would help Sina with hardware and software development and system maintenance. The final product might even be cheaper than Lakala’s own Square […]
iResearch recently released its China Internet Data Report in Q2 2013, giving us a glimpse of China internet performance in Q2. Online Markets and Online Advertising As you can tell from the chart above, Mobile won over PC devices on internet segment markets growth, such as shopping, searching, marketing(searching excluded) and game. Online shopping and […]
The third-party online payment market continued to grow rapidly in 2012,with the large-scale annual transaction exceeding 3.8 trillion yuan, according to the latest data from Enfodesk. The third-party Internet payment market share in 2012 remained stable.