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China's Ant Group doubles down on global expansion with cross-border payments offering Alipay+ - TL;DR CNBC

China's Ant Group doubles down on global expansion with cross-border payments offering Alipay+

Publishing timestamp: 2024-05-06 01:29:15


Summary

Ant Group's digital offering Alipay+ is expanding globally, allowing foreigners to use their home e-wallets to make payments in China and other countries. The company is focusing on Europe, Middle East, and Latin America markets for further expansion. Ant Group has already made strategic investments and partnerships in various countries to boost its global presence.


Sentiment: POSITIVE

Tickers: BABA

Keywords: business newsalibaba group holding ltdinternet

Source: https://www.cnbc.com/2024/05/06/chinese-fintech-ant-group-doubles-down-on-global-expansion-with-alipay.html


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