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

Alipay’s Ant Financial Valued At $30B

Alipay Launches Sesame Credit Scoring Service In China
Alipay Launches Sesame Credit Scoring Service In China
January 28, 2015  |  Cross-border Payments

Ant Financial Services Group is rolling out its new credit-scoring service Sesame Credit, which combines “big data” technology and customer behavior analytics to help make...

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Tencent Widens China’s Food Delivery Fight With $350M Investment
Tencent Widens China’s Food Delivery Fight With $350M Investment
January 28, 2015  |  Cross-border Payments

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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