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Alipay

Privately Held
alipay.com
Technology, Information And Internet3,000+ employeesFounded 2004🇨🇳 China

Alipay is the world's leading open digital daily life services platform operated by Ant Group. In 2004, Alipay launched as an escrow service to address the issue of trust between online buyers and sellers in the early days of e-commerce in China. As of June 30, 2019, Alipay has grown through continuous innovation to serve more than 1.2 billion users worldwide together with its global e-wallet partners. Working with more than 250 overseas financial institutions, Alipay has created online payment channels for buyers and sellers in more than 200 countries and regions. Alipay supports transactions in 27 different currencies, as well as tax reimbursement in 35 countries and regions. Foreign tourists and foreigners living in China can also use Alipay for mobile payments while in the country.

Founded
2004
Employees
3,000+
Industry
Technology, Information And Internet
Company type
Privately Held
Headquarters
🇨🇳Hangzhou, Zhejiang
Specialties
Information Technology & ServicesTechnology, Information And InternetInternet
4 / 9
Active markets
Hong Kong SAR China · South Korea · Germany
2
New markets
Uganda · Argentina
Medium
Confidence
developing signals
-50%
Momentum
vs prior period
53 / 100
Expansion Score
Strong
Stages3Exploring6Landing
3 signals · Last 90 days

Global expansion

Live
Hong Kong SAR ChinaSouth KoreaGermany+6 more
Stages
ExploringInvestingLandingOperating

Unlock the market timeline & signal feed

Activity pulse

4 signals in the last 90 days.

Last 90 days
Hiring
0
No activity
Marketing & PR
0
No activity
Product & Tech
2Ended
Product launch
Footprint
0
No activity
Partnerships
2
Partnership

Market entry timeline

The order this company entered each market — oldest to newest

1
🇰🇷South Korea1st market entered · 2017Advancing
Landing
4 signalsLanding stage
2
🇸🇬Singapore2nd market entered · 2020Advancing
Landing
2 signalsLanding stage
3
🇭🇰Hong Kong SAR China3rd market entered · 2021Advancing
Landing
7 signalsLanding stage
4
🇲🇾Malaysia4th market entered · 2024Advancing
Exploring
3 signalsExploring stage
5
🇩🇪Germany5th market entered · 2025Advancing
Landing
4 signalsLanding stage
6
🇮🇹Italy6th market entered · 2025Advancing
Landing
3 signalsLanding stage
7
🇷🇸Serbia7th market entered · 2025Advancing
Landing
3 signalsLanding stage
8
🇦🇷Argentina8th market entered · 2026Advancing
Exploring
1 signalExploring stage
Current stageLandingSetting up on the ground
Confidence49%Medium
Tracking since2017first signal

Recent signals

Partnership🇺🇬 Uganda1mo ago

Vodacom Tanzania Partners with Thunes

Product launch🇲🇾 Malaysia2mo ago

Central Pattana Invests in Songkran Festival

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Good to know

Frequently Asked Questions Regarding Alipay

Quick answers about Alipay's business, markets, and growth signals.

Alipay is the world's leading open digital daily life services platform operated by Ant Group. In 2004, Alipay launched as an escrow service to address the issue of trust between online buyers and sellers in the early days of e-commerce in China. As of June 30, 2019, Alipay has grown through continuous innovation to serve more than 1.2 billion users worldwide together with its global e-wallet partners. Working with more than 250 overseas financial institutions, Alipay has created online payment channels for buyers and sellers in more than 200 countries and regions. Alipay supports transactions in 27 different currencies, as well as tax reimbursement in 35 countries and regions. Foreign tourists and foreigners living in China can also use Alipay for mobile payments while in the country.

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