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News and Events

Mobile Payments Duel Between WeChat and Alipay Coming to PH

The two Chinese firms now hold stakes in the country's largest mobile payment platforms

Listed telecommunications firm PLDT Inc. has announced that its digital technology arm, Voyager Innovations, will be taking in investments worth up to $175 million (Php9.5 billion) from a group of investors led by Chinese tech giant Tencent Holdings and global private equity ...

by Lorenzo Kyle Subido  | October 05, 2018 04:00:00
News and Events

3 Lessons PH Can Learn from China's Fintech and E-Commerce Revolution

Highlights of a forum on China's fintech and e-commerce ecosystem

Talk about technology and digital innovation in the Philippines and the conversation immediately turns to the country’s status as the selfie or social media capital of the world.Data from social media agency We Are Social show that 63 percent of the population ...

by Lorenzo Kyle Subido  | August 16, 2018 10:00:00
News and Events

China Has Almost Thrice America's Online Users: Time to Meet the Internet Giants Challenging Google and Facebook

The 2018 China Internet Report lists the major Chinese online companies and their American rivals

China has 772 million Internet users, making it the world’s biggest online community with almost thrice the 292 million Internet users in the United States, according to the 2018 China Internet Report. The report was published by Hong Kong’s South China Morning ...

by Entrepreneur Staff  | July 23, 2018 05:00:00
News and Events

PH Retailers Can Now Accept Cashless Payments from Chinese Tourists Through WeChat Pay

The Chinese mobile payments platform partners with Asia United Bank to bring its services to the Philippines

Philippine commercial bank Asia United Bank (AUB) has signed a licensing agreement with Chinese technology giant Tencent to bring the latter’s mobile payments system WeChat Pay to the Philippines, allowing Chinese tourists to use the app in purchase items from Philippine stores ...

by Lorenzo Kyle Subido  | November 23, 2017 06:00:00
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