Alibaba Group Holding

Apple Pay Expected To Arrive This Week

Stocks of mobile payment related companies soared on Tuesday over speculation that Apple Inc will introduce its cash-free smartphone payment service to China this week.

Alibaba announces new deals in TV, movie industries

E-commerce mammoth Alibaba Group Holding is building a stronger presence in the entertainment industry, announcing two more strategic partnerships to celebrate the first anniversary of Yulebao, its online investment platform for digital entertainment products.