International

Shoprunner And Alipay Join Forces To Serve Chinese Consumers

Shopping for goods in the U.S, is about to become a whole lot easier for Chinese consumers, as Alibaba has announced that starting this summer it will combine with ShopRunner Inc. to allow them to shop on the Web directly from U.S. retailers who otherwise have a difficult time reaching the ever expanding Chinese eCommerce martket.

The team up will allow the approximately 300 million consumers already enrolled with Alipay--Alibaba's payments arm-- to purchase goods from U.S. retailers already affiliated with ShopRunner.  The company further guarantees delivery to China within 10 business days.

The new platform gives consumers a new way to access coveted U.S. goods, especially from retailers who are hesitant to set up shot in one of Alibaba's three main marketplaces.

Retailers, particularly luxury and health and beauty brands, are deeply concerned with their reputation," said Fiona Dias, chief strategy officer for ShopRunner told The Wall Street Journal. "This partnership with Alibaba ensures that Chinese consumers know that what they are getting is authentic and comes at the same price as what Americans are paying."

While some will be surprised by this development, particularly those who derided ShopRunner as an alternate version of Amazon Prime, Karen Webster won't be.  She predicted this move to reach Chinese consumers when Alibaba first announced its investment in ShopRunner several months ago.

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.

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WATCH LIVE: HOW WE SHOP – TUESDAY, NOVEMBER 10, 2020 – 12:00 PM (ET)

New forms of alternative credit and point-of-sale (POS) lending options like ‘buy now, pay later’ (BNPL) leverage the growing influence of payments choice on customer loyalty. Nearly 60 percent of consumers say such digital options now influence where and how they shop—especially touchless payments and robust, well-crafted ecommerce checkouts—so, merchants have a clear mandate: understand what has changed and adjust accordingly. Join PYMNTS CEO Karen Webster together with PayPal’s Greg Lisiewski, BigCommerce’s Mark Rosales, and Adore Me’s Camille Kress as they spotlight key findings from the new PYMNTS-PayPal study, “How We Shop” and map out faster, better pathways to a stronger recovery.

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