Will Alipay Dominate Global Mobile Payments?

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 of Ant Financial ... ( read original story ...)

Unicom Hopes on Hold

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 will be allowed to play a bigger ... ( read original story ...)

China Unicom nine-month net profit plunges 81 percent

HONG KONG China Unicom Hong Kong Ltd (0762.HK), the country's second largest telecom operator, posted a 80.6 percent fall in net profit in the first nine months partly due to high marketing expenses as it tries to capture more subscribers. China Unicom's ... ( read original story ...)

China Unicom, Baicells develop MEC VR solutions for 5G

China Unicom and Baicells announce Mobile Edge Computing (MEC) Virtual Reality (VR) Solutions for 5G on Artesyn MaxCore Platform Artesyn Embedded Technologies will offer its MaxCore platform to China Unicom Network Technology Research Institute and Baicells. ( read original story ...)

China Unicom promises deeper reforms after sharp fall in profits

China Unicom, the country’s second-largest wireless network operator, plans to deepen reforms in its operations after reporting a widely anticipated sharp profit decline for the nine months to September 30. In a filing with the Hong Kong stock exchange ... ( read original story ...)

China Unicom: All We Have Is Hope, Deutsche Downgrades

China Unicom (762.Hong Kong/CHU) is a divisive stock. On the one hand, China Unicom’s operating metrics is dismal. China Unicom issued a profit warning last week saying its net profit in the first nine months this year is expected to fall by about 80% ... ( read original story ...)