May 19, 2016Blog Posts

Alibaba, Samsung Join Hands For Mobile Payments Service

ValueWalk

Chinese online retail behemoth Alibaba has teamed up with South Korean electronics giant Samsung for mobile payments services. Sources familiar with the matter told Yonhap News Agency that the deal will be officially announced on Friday, May 20. Alibaba has its own mobile payment service Alipay, which has more than 450 million active users in China.

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