Alipay

Alipay is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company Ant Financial remains Hangzhou-based.

Source: en.wikipedia.org

Chinese Millennials May Save Luxury Brands
Chinese Millennials May Save Luxury Brands
January 18, 2018  |  Retail

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products...

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Blackhawk Network, QR Codes Power Alipay At US POS
Blackhawk Network, QR Codes Power Alipay At US POS
January 16, 2018  |  Payment Methods

Blackhawk Network, the financial technology company, and Alipay, the digital payment service operated by Ant Financial Services Group, have inked a partnership to expand the...

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Ant Financial Approved To Issue Consumer Credit-Backed Securities
Ant Financial Approved To Issue Consumer Credit-Backed Securities
January 16, 2018  |  Loans

Ant Financial Services Group (which offers Alipay) said on Monday (Jan. 15) that it has garnered approval in China to issue consumer credit backed securities...

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Lacoste US To Accept Alipay As Payment Method
Lacoste US To Accept Alipay As Payment Method
January 12, 2018  |  Payment Methods

Alipay, the digital payment arm of Alibaba, announced Thursday (Jan.11) it had entered into a partnership with French apparel brand Lacoste that will enable Alipay...

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Payments 2018: Think This — Not That
Payments 2018: Think This — Not That
January 08, 2018  |  Payments Innovation

In 800 B.C., when people wanted to know the answer to “what’s next” about their personal futures, they flocked to Delphi and asked Pythia, the...

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Ant Apologizes Over Credit Scoring Snafu
Ant Apologizes Over Credit Scoring Snafu
January 08, 2018  |  International

Following an online uproar, Chinese financial giant Ant Financial has apologized for auto-enrolling unsuspecting users of its new shopping profile service in its credit scoring...

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Honda Partners With Alibaba To Develop Connected Car Services
Honda Partners With Alibaba To Develop Connected Car Services
January 03, 2018  |  Partnerships / Acquisitions

Honda is teaming up with Alibaba Group Holding’s AutoNavi business to develop new services for connected cars. According to news from the Nikkei Asian Review, the...

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Alibaba’s Singles Day Tops $25B, Crushing 2016 Record
Alibaba’s Singles Day Tops $25B, Crushing 2016 Record
November 13, 2017  |  International

Alibaba Group Holding, the Chinese eCommerce giant, saw gross merchandise volume of $25.3 billion for this year’s Singles Day Global Shopping Festival, up 39 percent...

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Marqeta Powers Instant Card Issuance For Alipay Users Stateside
Marqeta Powers Instant Card Issuance For Alipay Users Stateside
October 20, 2017  |  Partnerships / Acquisitions

Marqeta, an open API card issuer, and Alipay, a third-party payment platform popular in China, have announced news of a partnership that will make using...

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