Jul 19
How platform credit products transformed Chinese consumer spending — and the household debt concerns that followed.
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How platform credit products transformed Chinese consumer spending — and the household debt concerns that followed.
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Looking to juice sales, Apple teams with Ant Financial, banks for interest-free iPhone financing in China
Looking to juice sales, Apple teams with Ant Financial, banks for interest-free iPhone financing in China
[cfsp key=”getamac.jpg”]”Apple Inc has teamed up with Chinese payments giant Ant Financial Services Group and several local banks to offer interest-free financing, its first such move in the country as it looks to boost waning smartphone sales,” Reuters reports.
“On its China website, Apple is promoting the new scheme, under which customers can pay 271 yuan ($40.31) each month to purchase an…
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Apple China: Buy a new iPhone for less than $30 a month, interest free via Alipay
Apple China: Buy a new iPhone for less than $30 a month, interest free via Alipay
[cfsp key=”getamac.jpg”]”Apple Inc., hoping to revitalize sales in China, has paired up with the world’s largest financial-technology company to give iPhone buyers an affordable purchase option: up to two years of interest-free financing,” Stella Yifan Xie reports for The Wall Street Journal.
“Apple and Alipay, a popular Chinese mobile-payments network owned by Jack Ma’s Ant Financial Services…
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