The company's existing mobile ecosystem already includes a messaging app called Laiwang, which was designed to compete against WeChat, mobile shopping apps, Alipay Wallet, and a stake in mobile browser UCWeb, which claims 400 million users worldwide.
Elsewhere, the company has just launched its first native app — on Android, the most popular platform in India — to focus in on the opportunity of mobile, which it claimed accounts for 60percentt of its traffic.
The mobile newcomers, which claim to be far cheaper than traditional stockbrokers, are attracting a new generation of younger first-time investors.
Sales by the mobile phone unit, which claims one-fifth of the global market, rose 50percentto to nearly 11 billion markkaa.
The mobile phone operator, which claims that the partnership is the first of its kind in world, has 70 million customers across Africa and the Middle East.
Mobile ad network Millennial Media, which claims that its mobile advertising network reaches 83percentt of 72 million mobile web users in the U.S., is reporting that Android ad requests grew 77% month over month, and have grown 282% since January.
Mobile ad network Millennial Media, which claims that its network reaches 82percentt of 72 million mobile web users in the U.S., is reporting that globally, Apple OS requests are up by 36percentt in June, after dropping 33percentt in May.
Mobile ad network Millennial Media, which claims that its network reaches 82percentt of 72 million mobile web users in the U.S., is reporting that iPad ad requests grew 160percentt from April to May with global Apple ad requests dropping 33percentt in May.
Enter: Mobile advertising network Todacell, which claims to solve the problem through its campaign optimization technology that helps marketers reach the right mobile users.
Beyond operating China's dominant mobile payment service Alipay, which claims 450 million registered accounts, Alibaba is making a land grab for comparable payment services across Asia and beyond via its fintech affiliate.
