Australia was ranked the fourth highest selling country in Chinese online retailer Aibaba’s Global Shopping Festival last Friday, driven by an increased number of Australian businesses participating, as well as what Alibaba describes as “stand-out performances” by several local retailers and brands.

Published in Strategy

The Commonwealth Bank has signed a memorandum of understanding (MOU) with Alipay, the world’s largest mobile and online payment platform operated by Chinese giant Ant Financial Services Group, to deliver payment solutions aimed at benefitting Australian and Chinese consumers and retailers.

Published in Deals

There has been a significant upsurge in international remittance activity in the past two years, with a number of cross-border mobile remittance services now being deployed, according to analyst firm Juniper Research.

Published in Mobility

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