Alipay’s parent company says tech services — not payments — will be its main business in the future

Alibaba affiliate Ant Financial’s core business in the future will be technology services, rather than just payments, its CEO told CNBC in an exclusive interview. Ant Financial runs one of China’s largest mobile payments platform, called Alipay, which has more than 700 million annual active users. It’s Ant Financial’s main business currently. But the Chinese […]

Continue Reading