Home > News > Daily News > Uber and China’s Alipay agree to expand co-operation
News
Daily News
Industry News
Company news
Certifications
Latest News

Gifts of love in ancient China

Jade pendants The ancient Chinese usually gave their lovers something small so that they could easily take it everywhere. A jade pendant is a good cho...

what is mild steel

Mild steel is a type of carbon steel with a low amount of carbon – it is actually also known as “low carbon steel.” Although ranges vary depending ...

10 Differences between a Businessman and Entrepreneur

10 Differences between a Businessman and Entrepreneur Business people and entrepreneurs have many similarities.However, they are not the same kind of ...

What is ALOCROM 1200 surface treatment

What is ALOCROM 1200surface treatment Alocrom 1200 is a rapidnon-electrolytic dip process which gives excellent protection against corrosionto both pa...

What is Kydex material

What is Kydexmaterial Kydex is a line of thermoplasticacrylic-polyvinyl chloride materials manufactured by Sekisui SPI. It has a widevariety of applic...

What is Over mold?

Overmolding is also called 2 times injection molding in China. Compared with the third-party material bonding, overmolding process makes the process f...

What is Alodine 5200 surface treatment

What is Alodine 5200surface treatment Alodine 5200 treatment is a chromiumfree product and specifically formulated for treating aluminium and its allo...

What is Black Oxide?

Black Oxide, blackening, oxidizing, oxiding, black passivating, gun bluing . . . these terms all refer to the process of forming a black iron oxide on...

Privacy Policy

We will not collect and store your information in any form.

How and When to Add Bend Reliefs to Sheet Metal Parts

What is a Bend Relief? A bend relief is nothing more than two small incisions cut into a piece of sheet metal to free the metal between the two. It se...
Contact Us
Vice General Manager: Ivy
Tel:86-13312953695
Tel:86-755-82737317/82737469
Fax:86-755-82737710
E-mail: sales910@xy-global.com, sales.china@xy-global.com
Postal Code: 518129
Off Add: Room1702,17F,Building#4,Tianan Cloud Park,No.2018 Xuegang Rd.,Longgang District,Shenzhen.
Factory Add:Daling Industrial Area,Shaling,Fenggang Town,Dongguan City Contact Now

Uber and China’s Alipay agree to expand co-operation

Uber and China’s Alipay agree to expand co-operation

Angelia www.diecastingpartsupplier.com 2016-05-04 11:05:28
Taxi-hailing service Uber and China’s e-commerce giant Alibaba Group have agreed a deal that will allow Chinese travelers to pay for a taxi in any country where Uber operates.

It means they can pay for their rides in yuan using their Alipay accounts.

US car sharing service Lyft and China’s Didi Chuxing recently launched a similar service.

The growth in smartphone transport services is encouraging firms to build international partnerships.

Before the agreement, mainland Chinese travelers using the Uber app overseas needed to connect a dual-currency credit card with their Uber account and were billed for their journeys in US dollars.

Alipay is the online payment service of Ant Financial Services, an affiliate of Chinese e-commerce giant Alibaba.

Alibaba is an investor in both Didi and Lyft, on top of its partnership with Uber.

Uber said its customers had been able to use Alipay for their journeys in mainline China since 2014 and in Hong Kong, Taiwan and Macau since early 2016.

The San Francisco-based company said the cross-border payments arrangement would cover mainland Chinese travelers in 400 cities.

Uber and Alibaba said they intended to expand co-operation in India through Alipay’s links with Paytm, which is India’s largest mobile payment provider.

Early last year, Ant Financial teamed up with parent company Alibaba to invest more than $500m (?341m) in Paytm.

Rival alliances

Didi, and Lyft have also joined forces with ride-hailing apps GrabTaxi in Southeast Asia and Ola in India.

The four companies have formed a strategic partnership in a bid to compete with Uber.

This allows them to share technology and local knowledge.

XY-GLOBAL is the most professional shenzhen auto parts,auto spare parts,cast and forged,We have ISO90001 and TS16949 quality system,Our major customers are Flextronics,HP over 7 years