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

Tencent Widens China’s Food Delivery Fight With $350M Investment
Tencent Widens China’s Food Delivery Fight With $350M Investment
January 28, 2015  |  International

This time it’s food deliveries. The latest round in the three-way battle between China’s Internet giants has made social networks leader Tencent an investor in...

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Alipay Rolls Credit for Consumers
Alipay Rolls Credit for Consumers
January 05, 2015  |  News

Eyeing the growing credit market in China, Alipay has begun offering short-term loan service to Chinese customers shopping on Alibaba.com The short term loan service...

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Adyen Raises Quarter-Of-A-Billion Dollars
Adyen Raises Quarter-Of-A-Billion Dollars
December 16, 2014  |  Apple Pay

Global payments vendor Adyen on Tuesday (Dec. 16) said that it has closed $250 million in new funding, led by global growth equity investor General...

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Alibaba’s AliPay Hits Big With Web Shopping Event
Alibaba’s AliPay Hits Big With Web Shopping Event
December 16, 2014  |  News

Alibaba hit big on 11.11 — also known as Singles’ Day — with a record $9.3 billion in gross sales and now its top online...

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Alipay Fingerprint Announcement Moves It Closer To An Apple Pay Deal
Alipay Fingerprint Announcement Moves It Closer To An Apple Pay Deal
December 11, 2014  |  Apple Pay

The prospect of an Apple Pay Alibaba deal got a lot more likely on Tuesday (Dec. 9) when Alibaba’s Alipay payments unit said that it...

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