Alibaba’s Alipay to launch in Singapore, Malaysia, Indonesia and Phillipines
Alipay, the online and mobile payment system owned by Alibaba‘s financial affiliate Ant Financial, is set to launch in Singapore, Malaysia, Indonesia and the Phillipines.
The move is the result of a merger between Ant Financial and HelloPay Group, the company behind the online payment platform, helloPay, which was established for use on the ecommerce site Lazada.
The deal will see helloPay rebranded as Alipay and its staff will become part of the Ant Financial Services Group. However, the rebranded platform will remain a separate entity to Alipay, all its features and services will remain the same and Read full story ›
Source: The Drum
