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How a Visit to Australia Helped Jack Ma Become an Internet Tycoon

Jack Ma was a cash-strapped Chinese entrepreneur and former English teacher when he convinced friends to give him 60,000 to start a Chinese e-commerce firm called Alibaba in 1999.

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No Wallet, No Worries: Australian Shops Adopt Chinese Payment Apps

Vicky Yang pays for her groceries, not with cash or card, but by using an app on her mobile phone.The 25-year-old international student simply scans the Sydney supermarket’s QR code with her smartphone, and in seconds the transaction is completed.It’s very convenient … you don’t need to take your bank card or cash.

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