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

Trump Executive Order Bans Transactions With Alipay, 7 Other Chinese Companies
Trump Executive Order Bans Transactions With Alipay, 7 Other Chinese Companies
January 05, 2021  |  Regulation

President Donald Trump has banned transactions with eight Chinese software applications, including Ant Group‘s Alipay, which will escalate tensions with Beijing as he prepares to...

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Ant Mulls Rerouting Financial Services To Separate Holding Company
Ant Mulls Rerouting Financial Services To Separate Holding Company
December 29, 2020  |  International

Jack Ma’s Ant Group is considering moving all of its financial services units to a separate holding company that would be regulated like a bank,...

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Shopify Links Up With Alipay To Boost Merchants’ Cross-Border Sales
Shopify Links Up With Alipay To Boost Merchants’ Cross-Border Sales
November 17, 2020  |  Retail

Shopify has expanded its payment options for merchants with a new partnership with Alipay, China’s payments app. The deal will unlock “the power of cross-border...

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Ant’s Pending IPO Hit By Controversy Over Share Sale On Alipay
Ant’s Pending IPO Hit By Controversy Over Share Sale On Alipay
October 13, 2020  |  IPO

Ant Group, a China-based payments platform, is facing regulatory delays in its highly-anticipated initial public offering (IPO) amid growing unease over its handling of its...

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Ant Group Files For IPO, Reports $3B In Half-Year Profits
Ant Group Files For IPO, Reports $3B In Half-Year Profits
August 25, 2020  |  IPO

Ant Group has filed for an initial public offering (IPO) of stock that could be the largest in history. The company’s filing with the Hong...

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Today In Payments: Affirm Preps For IPO; China Considers Alipay, WeChat Pay Antitrust Probe
Today In Payments: Affirm Preps For IPO; China Considers Alipay, WeChat Pay Antitrust Probe
July 31, 2020  |  News

In today’s top news, Affirm is eyeing an IPO that could reach $10 billion, and Alipay and WeChat face an antitrust probe by China’s antitrust...

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China Regulator Considers Antitrust Probe Of Alipay, WeChat Pay
China Regulator Considers Antitrust Probe Of Alipay, WeChat Pay
July 31, 2020  |  Digital Payments

China’s State Council’s Anti-Monopoly Commission is considering investigating Alipay and WeChat Pay, two of the county’s biggest online payment and money transfer platforms, Reuters reported....

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Ant Group Preps For One Of Biggest IPOs In History
Ant Group Preps For One Of Biggest IPOs In History
July 20, 2020  |  IPO

Ant Group, the online payments division arm of Alibaba Group Holding Ltd., China’s eCommerce superstore, plans to file an initial public offering (IPO) on Shanghai’s Nasdaq-style...

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How Alipay Works To Thwart Payments Fraud
How Alipay Works To Thwart Payments Fraud
July 20, 2020  |  AML

A small lapse in judgment can cost consumers big when transacting via payment apps, but having users jump through security hoops creates a clunky customer...

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