Alipay has been strategically recruiting talent from platforms such as Douyin and Xiaohongshu since last year. The focus has been on roles in operations and advertising to bolster its content strategy.
On January 11th, OPPO announced the establishment of a joint innovation laboratory with Alipay.
Alipay is currently testing a social feature called 'Interest Community', which aims to help users discover interesting things and find playmates.
On August 17th, it was announced at the 2023 Alipay Partner Conference in Hangzhou that Alipay will launch a new international version.
Chinese fintech giant Ant Group's Alipay business group has recently launched its largest executive rotation in nearly seven years. The reshuffle involved multiple departments and resulted in changes to the positions of several vice presidents and senior directors.
ByteDance's short video app Douyin has begun supporting Alipay's collection code, a mobile and online payment platform, to finish payments, though the function is not available for Tencent's super app WeChat just yet.
On February 21, NBA China and Chinese fintech firm Ant Group announced a strategic partnership to create original online content and customized experiences for fans on Alipay, a leading digital wallet platform in China.
On February 11, data from the Bombay Stock Exchange showed that Alibaba.com Singapore E-Commerce has sold its remaining stake in Indian digital payments firm Paytm for about 13.78 billion rupees ($167.14 million) through a block deal.
Chinese smartphone users have recently discovered a new function within Alipay, Ant Group's payment platform, allowing them to transfer funds to contacts on Tencent's WeChat app. Many netizens said that the function is not as simple as it sounds, and evaluation has been mixed.
The legal representative and chairman of Alipay (China) Network Technology Co., Ltd. has changed from Eric Jing, Ant Group’s chairman and CEO, to Ni Xingjun, Ant Group's CTO.
Tuya Smart, an IoT development platform, and Alipay, an online payment platform owned by Alibaba, held a launch event in Hangzhou on Tuesday, announcing a hotel-centered digital business district solution.
On Wednesday, Tianyancha revealed that a wholly-owned subsidiary by Ant Group was formerly established. The new subsidiary has been named Ant Suosuoshu (Hangzhou) Information Technology Co., Ltd.
Ant Group-backed e-payment solution MYbank recently announced that it would gradually stop asset transfers from Alipay to MYbank due to regulatory changes.
Recently, online payment platform Alipay launched a new function called “Game Lock”, which can help parents monitor their children's the game payments and game play duration.
Chinese third-party mobile and online payment platform Alipay released new data claiming that it has reduced the operating costs of small and medium-sized businesses by nearly 5 billion yuan in the past six months.
People’s Bank of China (PBoC) previously issued a notice, stipulating that personal payment reception QR codes cannot not be used for business, but can still be used normally for non-business scenarios.
On Wednesday, Alipay released a document entitled "Work Summary of Supporting Women's Football in China," which introduced the firm's investments and achievements in supporting women's football in recent years.
A new delegated investment product, "Jinxuan Investment," launched by Alipay and other six institutions on January 4 this year, has been suspended.
Ant Group's mutual aid health-care platform Xianghubao will cease operations from January 18, 2022, following similar moves by other internet giants, including Meituan and Waterdrop Inc.
Alipay announced on its official WeChat account on Thursday that the company and China UnionPay now recognized each other's collection code across China.