Tag: alibaba

JD.com finds success through engaging in mobile commerce

| September 3, 2014

JD.com IPO raises $1.78 billion from US investors

American investors may be strongly interested in Chinese Internet companies, thanks to the recent success of JD.com’s IPO. JD.com is an e-commerce organization based in China, which launched an initial public offering recently to great success. The IPO raised some $1.78 billion for JD.com, which exceeded the company’s expectations by a significant margin. The warm reception that JD.com has received may bode well for other Chinese companies that are preparing to launch their IPOs in America.

Chinese retailers engaging mobile consumers are attracting the attention of investors

Like other companies that have placed a priority focus on e-commerce, JD.com has been working to engage the mobile audience in China. More consumers are becoming reliant on their mobile devices, using smartphones and tablets to interact with one another and shop online. Companies like Alibaba and JD.com have taken notice of this trend among consumers and are positioning themselves to become powerful forces in the mobile space.

Alibaba’s IPO may benefit from efforts in the mobile commerce space

Mobile Commerce - China and the USAlibaba is on the verge of launching its own IPO in the U.S., hoping to generate a great deal of interest among investors. Alibaba has been working to establish a strong presence in the mobile commerce space and has managed to find significant success in this endeavor in recent years. Engaging the mobile space may help Alibaba’s forthcoming IPO performance. JD.com has also been working to engage mobile consumers more effectively and this effort may have had a significant impact on the company’s IPO in America.

Investors are eager to involve themselves in companies that have a mobile commerce focus because of the promise of return

Investors have been showing interest in companies that engage a mobile audience because of the growing popularity of mobile commerce. The advent of mobile technology sparked a major shift in commerce, which is becoming more noticeable as consumers begin to rely more heavily on their mobile devices in daily life. Investors are eager to support companies that are finding success in the mobile space and reap some of the benefits in doing so as well.

LG Uplus to launch a new mobile payments service in Asia

| August 15, 2014

Telecom prepares to launch a new mobile commerce service that will head to China before breaking into other markets

LG Uplus, a telecommunications company based in South Korea, has announced that it will begin offering a new mobile payments service in foreign markets. The first market tor receive access to the new service is China, where mobile commerce adoption is accelerating. Demand for new services is on the rise throughout Asia, powered by the growing adoptions of smartphones and tablets. New devices are coming to the market pre-equipped with mobile shopping and payment applications, further exposing people to the concept of mobile commerce.

Paynow service aims to provide consumers with more convenience in their mobile shopping

The Paynow Plus service is being upgraded in order to make it more capable of handling the needs of mobile consumers. The service is equipped with personal authentication options, allowing users to keep their financial information secure. It is one of the first mobile payments services to successfully pass South Korea’s Financial Services Commission review, meaning that the service complies with the financial and security regulations that the country has in place.

Simplicity often determines the success of mobile commerce services

Mobile Payments Service launched in AsiaConsumers are not only interested in mobile commerce services in general. They want to use services that are simple and convenient. Platforms that have proven difficult for consumers to operate have failed to find success in the mobile commerce space. Those that have set convenience and simplicity as a priority have managed to attract strong support from mobile consumers.

Paynow may be able to compete with well established platforms in China

China is one of the most active markets in the mobile space. The country is filled with mobile payments services, all of which are competing with one another for the attention of consumers. Companies like Alibaba and Tencent have established a strong presence in this sector, which may make it difficult for the Paynow service to find traction with new consumers. Despite this, LG Uplus believes that the service will be welcomed to those seeking alternatives to the mobile commerce solutions that already exist.