REPORT: Ant Financial and Tencent are rapidly growing their financial services ecosystems — here’s exactly what they offer and where we think they’ll go next (TCEHY)
|06/16/2019||Posted by BusinessMediaguide.Com under General World News||
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Over the past 15 years, spending in China has become increasingly powered by mobile payments. In Q4 2018, China’s third-party mobile payments industry was estimated to be worth 47.2 trillion yuan ($6.8 trillion) per Analysys, as cited by TechNode. This eclipsed the country’s total retail sales for all of 2018, which came in at 38.1 trillion yuan ($5.5 trillion).
The mobile payments market read more >>>