Douglas Feagin

Balenciaga teams with Alipay on US$650 T-shirt, prompting social media ridicule

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Balenciaga teams with Alipay on US0 T-shirt, prompting social media ridicule

Spanish luxury fashion brand Balenciaga’s latest offering is a 4,700 yuan (US$650) T-shirt in collaboration with Chinese mobile payment platform Alipay, sparking discussions and chaff on Chinese social media. The short-sleeved, oversized garment – which is unisex in design – only comes in two sizes and one colour, black. The iconic Balenciaga print is brandished … Read more

Ant International pushes ‘significant’ expansion of Alipay+ tourist payment service amid major group overhaul

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Ant International pushes ‘significant’ expansion of Alipay+ tourist payment service amid major group overhaul

Chinese financial technology giant Ant Group is looking to “significantly” expand the global presence of its cross-border mobile payment service Alipay+, as the company pursues an organisational overhaul that includes a spin-off of its international arm. Ant International aims to considerably boost the number of partner wallets supported by Alipay+ this year, possibly by more … Read more