www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Ant Financial to create JV with CK Hutchison

By Evelyn yu in Hong Kong and He Wei in Shanghai | China Daily | Updated: 2017-09-28 07:57

As Ant Financial pushes its global drive to tap into Hong Kong's cashless payment market, the tech giant is forming a joint venture with tycoon Li Ka-shing's CK Hutchison Holdings (CKH) to sign up more local users.

The two companies are poised to set up a 50-50 joint venture to offer a consumer-oriented digital wallet under the AlipayHK brand. The deal is expected to be completed later this year, subject to obtaining the nod from regulators.

Neither company has disclosed the amount of their contribution to the joint venture. But market experts speculate that the parties are not disclosing the figures due to the negligible amount compared with the companies' massive portfolios.

Ant Financial, the financial services arm of Chinese mainland e-commerce titan Alibaba Group Holding and operator of the world's largest online payment app Alipay-entered the Hong Kong market with AlipayHK mobile wallet in May this year.

The e-payment app attracted more than 100,000 active users in the two weeks since its launch, and is now accepted at more than 4,000 leading retail brand outlets in the city.

Ant Financial's expansion in Hong Kong is highly aligned with CKH's line of business, which has a strong presence in retail, infrastructure, energy and telecommunications in the city. The group boasts personal care store Watsons, supermarket ParknShop and electronic store Fortress, among many other flagship companies in Hong Kong.

Ant Financial said in a statement that apart from mobile payment, Alipay's many in-app lifestyle features and third-party insurance products are among the traits that drew the attention of CKH. Currently, Hong Kong users can easily buy travel insurance and accident insurance from mainland insurance companies such as Ping An and China Life through AlipayHK.

Martin Bao, senior analyst of ICBC International, said the partnership is a big step in Alipay's global drive. Alipay has extended its cashless payment network in many countries but is mostly for the convenience of mainland tourists going abroad. The alliance with local partner CKH demonstrates Ant Financial's ambition to woo local users, he said.

Currently, the most dominant cashless payment in Hong Kong is the Octopus card, a rechargeable card that is widely accepted by Hong Kong residents to pay for transportation, as well as items at convenience stores and small retailers. Yet Bao said the pre-top up mode, which requires citizens to top up the balance before paying, occupies a portion of citizens' disposable capital, and is less convenient than Alipay's real-time payment system.

Ant Financial, hailed as the mainland's biggest unicorn with an estimated valuation of more than $60 billion, is considering going public in the mainland or Hong Kong.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 国产90后美女露脸在线观看 | 亚洲第一欧美 | 亚洲国产情侣一区二区三区 | 欧美无极品 | 国产精品自拍在线 | 精品国产亚洲一区二区三区 | 久久青草国产手机看片福利盒子 | 2017天天爽夜夜爽精品视频 | 亚洲成a v人片在线看片 | 特级毛片aaaa免费观看 | 国产黄色三级 | 男人的天堂在线观看视频不卡 | 欧美做爰性欧美 | 国产国语高清在线视频二区 | 深夜爽爽爽福利动态图 | 国产精品三级国语在线看 | 欧美一级高清片在线 | 欧美精品一区二区三区视频 | 九九线精品视频 | 亚洲欧美日韩国产精品影院 | 亚洲欧美高清在线 | 国产乱码精品一区二区三上 | 俄罗斯18videosex性欧美成人 | 精品视频在线观看一区二区三区 | 亚洲 欧美 日韩在线 | 美女黄页网站 | 最新亚洲精品国自产在线观看 | 91综合精品网站久久 | 日韩在线播放中文字幕 | 亚洲 欧美 91 | 欧美成人手机视频 | 精品欧美成人高清视频在线观看 | 日本高清色本在线www游戏 | 亚洲第一成人天堂第一 | 国产三香港三韩国三级不卡 | 国内一级野外a一级毛片 | 欧美一级在线看 | 成人欧美网站 | 国产三级a | 亚洲国产高清在线精品一区 | 亚洲精品日本高清中文字幕 |