Tag: alibaba group

Alipay mobile payments incorporated into new “internet car”

Alibaba has released its new OS’Car RX5 to expand the IoT to the automotive sector.

Alipay mobile payments can be made by drivers from the seat of their new OS’Car RX5. The new sport utility vehicle is the product of a partnership formed between Chinese internet giant Alibaba Group and Shanghai-based automotive manufacturer SAIC Motor Corp. It has been introduced to China’s automotive market and is dubbed the “internet car”. It is equipped with a smart operating system, which makes it different from traditional cars. The hope is that the car will spread the internet-of-things (IoT) to the automotive sector.

This smart OS will provide consumers with an experience that is more than simple driving.

The OS’Car RX5 operating system was designed by Alibaba’s YunOS division. Specially designed for the automotive industry, the YunOS will boost consumer experience. According to chairman of Alibaba’s Steering Committee, Dr. Wang Jian, the smart operating system revolutionizes the car so it’s not just about driving. The smart OS becomes “the second engine of cars, while data is the new fuel,” Wang stated.

Alipay Mobile Payments - OS’Car RX5 - Alibab Internet CarAlibaba’s new car takes a step beyond other cars that are able to access the internet via third-party apps or software. The company wants to make all vehicles a part of the much bigger IoT ecosystem. In this ecosystem, smart devices gather and exchange data for the purpose of improving efficiencies for users. Cars are a new smart platform, Wang said. He added that through this platform Alibaba can offer internet-based services to create a superior driving experience.

Alipay mobile payments will be only one of the e-commerce services part of the RX5.

The company’s internet car has navigation and voice control features. It also has three LED screens for interfacing with the operating system and 360-degree detachable cameras for taking selfies and recording trips.

The RX5 uses its own e-commerce system to provide consumers with services. For instance, using Alipay mobile payments, drivers have the ability to book and pay for gas stations, parking spaces and coffee shops.

Each driver is given their own “internet ID” that enables the smart OS to recognize different users and make personalized recommendations. These recommendations may include air temperature, music, and nearby restaurants based on previous trips.

President of YunOS, Zhang Chunhui, said that “In the future, we hope Internet-connected cars to be a solid foundation for the development of smarter transportation and smarter cities.”

Currently Chinese consumers can preorder the OS’Car RX5 via Tmall. Prices begin at $22,300. The expected delivery date for the cars is August.

Tencent is setting its hopes on mobile commerce

Tencent is growing bolder when it comes to the mobile space

Tencent, one of China’s largest online retail and technology organizations, has seen profits from the mobile sector soar over the past several months. The company has long held a strong place in the mobile space, but has only recently begun to heavily involve itself therein through social media, gaming, and commerce. As the company continues to grow, it is beginning to become more cavalier with its mobile interests, launching new initiatives and services that are meant to enthrall mobile consumers throughout China.

Company continues to fight competition and attract support from consumers

Tencent is currently valued at over $120 billion, making it one of the largest and most influential business entities in the country and a competitor of the Alibaba Group, which is another massive organization based in China. The majority of Tencent’s success has been made in the gaming field, where its mobile games and publishing services have managed to win the favor of consumers and game developers alike. Gaming is not enough for Tencent, however, and the company has begun to focus more heavily on mobile and e-commerce.

E-commerce proves to be a tough battleground for Tencent

Mobile Commerce - TencentIn terms of mobile commerce, Tencent has recently made updates to its massively popular WeChat application. These updates have introduced new features to the application that allow it to serve as a mobile shopping platform. The application can also be used to make payments for particular goods and services. The company has found success in the mobile field, but has not been able to mimic this success when it comes to e-commerce. Tencent has struggled for some time to establish a strong foothold in the e-commerce realm due to various challenges and strong competition coming from Alibaba.

WeChat may become the defacto mobile commerce platform for many people

Tencent is unwilling to abandon e-commerce, but the company may be focusing more heavily on the mobile space for the foreseeable future. The WeChat application is already the most widely used mobile app in the world, which also makes it one of the most widely used mobile commerce platforms. To date, no singular mobile commerce service has managed to attract the support of any significant majority demographic, but WeChat may be able to accomplish this goal.