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

Starbucks-Alibaba Deal Does Coffee Runs In Reverse

Starbucks-Alibaba Deal Does Coffee Runs In Reverse
Starbucks-Alibaba Deal Does Coffee Runs In Reverse
August 03, 2018  |  Delivery

Talk about interesting delivery mashups: Starbucks and Alibaba partner to enable the delivery of Starbucks products to Chinese consumers as part of a deal that...

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GUESS Brings Alipay Into US Stores
GUESS Brings Alipay Into US Stores
July 24, 2018  |  Retail

To attract Chinese travelers visiting the U.S., GUESS?, Inc. has partnered with Alipay to bring the payment option into select brick-and-mortar stores across GUESS’ brands....

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New Payments Rule Could Cost Alipay, Tencent More Than $1B
New Payments Rule Could Cost Alipay, Tencent More Than $1B
July 16, 2018  |  Payment Methods

Alipay and Tencent, operators of the two leading digital payment services in China, could lose as much as $1 billion combined in annual revenue thanks...

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Flywire And UnionPay Expand Cross-Border Payments Partnership
Flywire And UnionPay Expand Cross-Border Payments Partnership
June 14, 2018  |  Cross-border Payments

The market for Chinese consumers in search of education and medical care in the United States and around the world is large – and growing....

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As Ant Financial Rises, So Does China
As Ant Financial Rises, So Does China
June 08, 2018  |  Markets

Here comes China. Again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Ant Financial Now Worth More Than Goldman Sachs, Morgan Stanley Or Amex
Ant Financial Now Worth More Than Goldman Sachs, Morgan Stanley Or Amex
June 08, 2018  |  Fintech Investments

There are big fundraising rounds, massive fundraising rounds and incredible fundraising rounds.  And then there’s raising so much money in a single shot that —...

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Ant Financial Adds Third Bank Partner This Month
Ant Financial Adds Third Bank Partner This Month
May 30, 2018  |  Partnerships

Ant Financial continues its bank partnership streak, signing a strategic cooperation agreement today (May 30) with Shanghai Pudong Development Bank (SPD Bank). That is Ant’s...

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$150B Valuation Makes Ant Financial World’s Largest Unicorn, Ahead Of Possible IPO
$150B Valuation Makes Ant Financial World’s Largest Unicorn, Ahead Of Possible IPO
May 29, 2018  |  Investments

Ahead of an expected initial public offering (IPO), Alibaba’s investment arm Ant Financial has secured $10 billion in funding from global and local investors, and...

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