Monthly Archives For October 2016

Investors are betting on poker in China

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Kim Kyung-Hoon/Reuters China’s attempt to create a massive domestic sports industry has sent huge waves through sport, media, business, and their intersections, Alibaba’s plan to spend US$100 million to establish rugby in the country just…

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Will Alipay Dominate Global Mobile Payments?

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PayPal is playing catch-up in mobile transactions. Their positions, however, may soon be challenged by Alipay, China’s largest mobile payment service provider with 450 million users. Alipay, originally created by Alibaba, and now a part…

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Unicom Hopes on Hold

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China Unicom shows the strategy is far from a sure bet. The weakest of the nation’s three mobile-phone operators disclosed on Oct. 10 that it was a candidate for “mixed-ownership” reform, under which private capital…

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