Alibaba Group Holding Ltd

China is making it much easier for foreigners to use mobile pay

BEIJING — Foreign visitors to China can now spend up to $2,000 a year using the mobile app Alipay without…

After doubts about Alibaba’s future, co-founder Joe Tsai says: ‘We’re back’

Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder…

China’s VC playbook is undergoing a sea change as U.S. IPO exits get tougher

BEIJING — Venture capitalists in China that once rose to fame with giant U.S. IPOs of consumer companies are under…

China’s central bank encourages local businesses to accept foreign payment cards

BEIJING — China is encouraging banks and local businesses to accept foreign bank cards and is considering other steps to…