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AliExpress (Chinese: 全球速卖通) is an online retail service based in China and owned by the Alibaba Group. [1] Launched in 2010, [ 2 ] [ 3 ] it is made up of small businesses in China and other locations, such as Singapore , that offer products to international online buyers.
On 16 October 2014, the Alipay company was re-branded as Ant Financial Services (now Ant Group). [179] One of the factors for Alibaba's success in this platform is the company's quick and reliable payment system, where it offers several types of payment systems such as credit card, debit card, Alipay, Quick-pay, and online banking. These ...
1 History. 2 Features. ... Aliexpress. AliExpress was created in April 2010 as an international retailing website. ... the company removed controversial vendors ...
Ant Group (Chinese: 蚂蚁集团; pinyin: Mǎyǐ jítuán), formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group.The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 million merchants, with total payment volume (TPV) reaching CN¥118 trillion in June 2020.
Dmitry Aleksandrovich Sergeev (born 26 June 1975) is a Russian entrepreneur and executive, the chairman of the board of trustees of Love Syndrome Foundation (since 2016), former CEO of AliExpress Russia (from 2019 to 2022), board member of Mail.ru Group (from 2018 to 2022).
[17]: 33 Alibaba (the parent company of Alipay) reported having 152 million Yu'e Bao users in mid-2016, with 810 billion RMB (US$117 billion) in funds under management. [18] In 2015, Alipay's parent company was re-branded as Ant Financial Services Group. [19] In 2017, Alipay unveiled their facial recognition payment service. [20]
Pinduoduo was founded in 2015 by Chinese businessman and software engineer Colin Huang and initially focused on the agriculture industry. [5] [6] It developed at a time when Alibaba and JD had significantly consolidated the Chinese e-commerce market and many analysts believed there was limited room for new market entrants.
Alibaba employees pick nicknames for themselves when they first join the company. Daniel Zhang's nickname is "Free and Unfettered Person" (Chinese: 逍遥子; pinyin: Xiāoyáo Zi). [10] On September 10, 2023, Daniel Zhang stepped down as CEO and chairman, and Eddie Wu replaced him as the new CEO and Joseph Tsai replaced him as the new chairman ...