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The Latest Breaking News from Alipay

India stalls Alipay+ payments link over security, data concerns, sources say

India has stalled Alipay+'s proposal to link with its instant payments system. National security concerns and data usage questions are the primary reasons for this decision. The Indian government cited political grounds for halting the integration of the payment platforms. Law enforcement agencies also raised concerns about money laundering and…

The Economic Times

Since 2016, China has turned phone users' daily purchases into 122 million real trees; the digital forest now covers 112,000 hectares of dryland

Since 2016, China has turned phone users' daily purchases into 122 million real trees; the digital forest now covers 112,000 hectares of dryland

An innovative Chinese app called Ant Forest encourages users to adopt greener habits. Everyday low-carbon actions earn users virtual points which fund real tree planting. Since 2016, millions of trees have been planted across China's driest regions. This initiative demonstrates how small digital actions can create significant environmental impact. The…

The Economic Times

Alibaba's Ant Group Started Investing in Humanoid Robots Last Year. They've Made A Dozen Deals Since And Bet It's The Future.

Alibaba's Ant Group Started Investing in Humanoid Robots Last Year. They've Made A Dozen Deals Since And Bet It's The Future.

Alibaba affiliate Ant Group is accelerating its push into humanoid robotics, leading a new $73.6 million funding round for Chinese startup Zeroth.

International Business Times

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BoT vows to continue with stablecoin plan

The Bank of Thailand is moving forward with plans to introduce a baht-pegged stablecoin as part of a push to support digital finance and innovation, says governor Vitai Ratanakorn.

Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in Cred

Think tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data, covering credit cards, loans, investments, insurance, and UPI transactions. On the other hand, it said China built its digital payments ecosystem through domestic champions such as Alipay and…

The Economic Times

Tech Brief (June 17): Ant Revamps Alipay With AI Assistant in Biggest App Overhaul

SiliconFlow raises $294 million as China’s AI inference demand surges, Alibaba unveils Qwen-Robot AI models

Hong Kong Summer Fun: Enjoy Hundreds of Thousands of Summer Deals and an Exciting Citywide Events Experience

HONG KONG, June 16, 2026 (GLOBE NEWSWIRE) -- This summer, Hong Kong is turning up the energy with a citywide celebration packed with festivals, family attractions, sporting spectacles and limited-time offers. The “Hong Kong Summer Fun” campaign brings together some of the city's biggest seasonal events alongside exclusive “Summer Deals”,…

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HKTB Launches New Summer Promotion “Hong Kong Summer Fun” in Partnership with the Business Community to Attract Overnight Visitors and Boost Local Spending

HONG KONG, June 03, 2026 (GLOBE NEWSWIRE) -- To welcome the peak summer travel season, the Hong Kong Tourism Board (HKTB) will launch a brand-new promotion, “Hong Kong Summer Fun”, which connects a series of citywide highlight events and enticing offers to energise the summer season. The HKTB will work…

Hello Group Q1 Earnings Call Highlights

Hello Group (NASDAQ:MOMO) reported a decline in first-quarter revenue as weakness in its mainland China operations offset rapid growth overseas, while management said adjusted operating income edged higher on improved margins. For the first quarter of 2026, total revenue was RMB 2.39 billion, down

Tech Brief (May 27): Xiaomi’s First-Quarter Profit Drops 43%

Tech Brief (May 27): Xiaomi’s First-Quarter Profit Drops 43%

Self-driving startup Pony.ai’s robotaxi revenue hits record high, AI firm Baichuan unveils new medical AI model

Jack Ma Was Rejected By KFC, Police, And Harvard — Now His Alibaba Fortune Surpasses The Entire Value Of The Fried Chicken Giant

Jack Ma Was Rejected By KFC, Police, And Harvard — Now His Alibaba Fortune Surpasses The Entire Value Of The Fried Chicken Giant

Once rejected by Kentucky Fried Chicken and dozens of other employers, Alibaba Group (NYSE:BABA) founder Jack Ma has risen to become wealthier than the fast-food giant's parent company, Yum! Brands (NYSE:YUM).

Huawei is quietly positioning its OS as an Android and Windows rival with launch of a HarmonyOS smart cash register in China

Huawei is quietly positioning its OS as an Android and Windows rival with launch of a HarmonyOS smart cash register in China

Huawei launches HarmonyOS-based cash register into China, bringing the operating system into retail equipment for the first time.

Finance companies fight back against AI deepfakes, with over 70% of new enrollment attempts to some firms being fake

Finance companies fight back against AI deepfakes, with over 70% of new enrollment attempts to some firms being fake

While AI presents an opportunity for financial firms like Ant International, it also poses risks.

10 Digital Wallets That Collect Your Biometric Data

10 Digital Wallets That Collect Your Biometric Data

In an increasingly cashless world, digital wallets are quickly replacing traditional payment methods. Tapping a phone or scanning a face is now faster than swiping a credit card, and consumers have embraced the convenience. But while digital wallets promise speed and security, they also raise concerns—especially when it comes to…

Everybody Loves Your Money

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Android Central

Xiaomi’s new AI glasses are already giving Ray-Ban Metas a serious beatdown

Xiaomi is crashing the smart glasses scene with an AI pair that outlasts the Ray-Ban Meta.

Forgot your smartphone? No problem - here's the first smart glasses that can pay for your coffee

Alipay+ and Meizu unveil world’s first smart glasses e-wallet payment.

More than 4 billion user records exposed in biggest data leak ever — everything you need to know

With 4 billion user records left exposed online without a password, this data leak could be the biggest yet.

Is the EU banning American credit cards?

Social media users allege that ECB President Christine Lagarde has announced plans to get rid of the likes of Visa, Mastercard and PayPal.

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Jack Ma Makes Rare Appearance At Alibaba Fintech Event Stresses On AI Revolution

Jack Ma Returns to Ant Group's 20th Anniversary Celebration After Three Years Jack Ma made his first public appearance at Ant Group's 20th anniversary event, marking his return after the 2020 IPO setback. He expressed optimism about the future of Ant Group, which is pushing forward with AI innovations and…

WeChat Pay Operator Approved to Raise Registered Capital to 15.3 Billion Yuan

With the increase, Tenpay’s registered capital will be more than 15 times higher than the current 1 billion yuan

China Slashes Payment Barriers for Foreign Visitors

PBOC tells mobile payment services to increase the single transaction limit for foreign users to $5,000 from $1,000 to help revitalize tourism

Regulator confirms Alipay's independence, China's central bank declares

China's central bank acknowledges that Ant Group's Alipay has no controller, marking a significant development in the regulation of digital payment platforms.

The Independent UK

Chinese e-commerce giant Alibaba says it will not sell shares in Ant's buyback program

Chinese e-commerce giant Alibaba has said it will not sell any shares in its one-third shareholding in financial technology company Ant Group Co_ because it wants to retain its stake in an “important strategic partner.”

WeChat Lets Users Link Overseas Cards for Everyday Payments in China

Tencent’s ubiquitous platform now allows people from overseas with certain international bank cards to access tens of millions of merchants

Chinese tech firms handed massive fines

BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.

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