The Alibaba Group, China's largest e-commerce organization, has announced plans to seek listing on the U.S. stock exchange. The company is preparing to launch an initial public offering (IPO), but has not yet released details concerning this process. Alibaba is currently considered one of the most successful e-commerce groups in the world and has been making a strong push into the mobile commerce sector. In order to provide its forthcoming IPO with additional momentum, Alibaba has been pushing to make its new taxi application more popular among consumers. The application takes advantage of a taxi-hailing service.

Target is looking to differentiate itself from the string of half-hearted attempts from retailers to drive commerce in real-time while consumers watch television with a new initiative with TBS that launched last night. During last night's airing of "Cougar Town" on TBS, Target set up a second-screen mobile and Web site that let consumers buy the retailer's products featured on-screen in real-time. Second-screen shoppable experiences have been talked about for quite some time, but few have been successful in building long-term engagement and brand awareness, which Target is hoping to tackle with digital and on-air initiatives that tie directly into …

Luxury lifestyle management and concierge service provider Quintessentially Lifestyle is ensuring that members have access to its exclusive benefits with a new mobile application. Available for iPhone and Android smartphones, the eponymous app connects Quintessentially Lifestyle members to the service's Lifestyle Assistants to access a wealth of knowledge ranging from nightclub and restaurant recommendations to obtaining last-minute concert tickets. Affluent consumers generally gravitate toward experiences that have an air of exclusivity, and an app gets rid of the searching by providing a better sense of opportunities.

MMB, an m-commerce retailer targeting at rural China markets, announced that it secured a new round of financing led by Tencent and followed by chip maker MTK and Sequoia Capital. MMB has received a combined more than 400 million yuan (around US$65 million) of funding from Far East Holding, Sequoia Capital and Tencent during 2007 to 2012. Founded in 2006 as one of the earliest players in Chinese m-commerce sector, MMB is dedicated to provide online shopping service to grassroots users, who live in third- and fourth-tier cities or farmer-turned workers in big cities. Unlike users in cities who have …

More than half (55%) of consumers want mobile wallets, according to a new survey from payment technology provider VeriFone. This percentage rises to 70% among Millennial consumers. In addition, VeriFone data shows that 65% of U.S, consumers will continue to use credit and debit as primary payment methods in 2014. Consumers are most likely to use smartphones to small purchases (45%) via smartphone, as opposed to medium (44%) and large (29%) purchases.

Wearable technology is on the rise, but its ability to displace smartphones and tablets has yet to be seen. Smart watches and other wearable devices have attracted a great deal of attention, but many of these devices lack the features that have become commonplace with most mobile devices. PayPal and eBay are looking to ensure that wearable devices have a place to compete in the future and have taken a step to make these devices capable of participating in the mobile commerce space. Both eBay and PayPal believe that wearable devices are a new frontier in mobile technology. Smart watches, …

Datawind, a Canadian mobile manufacturer that has already been making tablet commerce news headlines through its creation of the lowest cost device in this category, the UbiSlate 7Ci which retails for $37.99 still isn't cheap enough for the company which is now looking to reduce the cost of the ownership of these gadgets. The hope is that this low price will open up tablet commerce to pretty much anybody. According to the CEO of Datawind, Suneet Singh Tuli, "This idea is to bridge the digital divide, it's really that simple, the idea is to overcome the affordability barrier." The company …

You open up Glamour magazine at the dentist's office and spot a green leather tote you desire to buy then and there. So you fire up a mobile app that detects the product and directs you to purchase and ship the accessory within a couple of taps. The app is not from Amazon or ShopBot - it's powered by a bank. That's the future of shopping U.S. Bank is envisioning. The Minneapolis bank is creating technology that allows consumers to quickly purchase via a mobile app a product they see in print or on television or hear on radio. The …

Foodland Super Market Ltd recently launched a new mobile app for both iPhone and Android. The app, built in partnership with mobile commerce provider DoubleBeam, debuted on Jan. 29 and has more than 19,000 downloads in the first three weeks. The Foodland app was designed to make the grocery shopping experience more convenient and save customers time and money. Foodland customers can load their Maika'i loyalty cards to their mobile devices, view their Maika'i point balances and track their progress toward earning My Rewards certificates for free product, grocery discount, or HawaiianMiles. In addition, customers can create personal shopping lists …

The Consumer mCommerce Shift in the U.S. is rapidly changing. In the latest report by Mob Partner, key indicators lead to a significant shift occurring in the way that consumers shop and the devices they shop with. The report compared mCommerce similar to traditional bricks and mortar retail which both have had to adapt to the rise of ecommerce, the next challenge facing retailers is how they can effectively address the rising numbers of consumers shopping via a mobile device, which offers a more immediate and fluid experience. Mobile Commerce (m-commerce) sales and M-Commerce spending reached $4.7 billion in Q2 …