• Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Special Offers
Business Intelligence Info
  • Business Intelligence
    • BI News and Info
    • Big Data
    • Mobile and Cloud
    • Self-Service BI
  • CRM
    • CRM News and Info
    • InfusionSoft
    • Microsoft Dynamics CRM
    • NetSuite
    • OnContact
    • Salesforce
    • Workbooks
  • Data Mining
    • Pentaho
    • Sisense
    • Tableau
    • TIBCO Spotfire
  • Data Warehousing
    • DWH News and Info
    • IBM DB2
    • Microsoft SQL Server
    • Oracle
    • Teradata
  • Predictive Analytics
    • FICO
    • KNIME
    • Mathematica
    • Matlab
    • Minitab
    • RapidMiner
    • Revolution
    • SAP
    • SAS/SPSS
  • Humor

Uber Inks Global Deal With China's Alipay

May 8, 2016   Mobile and Cloud

Uber announced that the company will expand its cooperating relationship with Alipay in the global market.

With the deal, Alipay’s 450 million active users will be able to pay for the rides in 68 countries and regions where Uber operates businesses. They can also directly call for the rides via Alipay app. Financial terms of the deal were not released.

Over the past couple of years, Uber China and Alipay have maintained a stable cooperation. In 2014, Uber announced plans to accept Alipay as its payment channel in mainland China. And early in 2016, Uber started accepting Alipay payment in Hong Kong, Macau, and Taiwan.

According to Emil Michael, senior vice president of Uber, this is important fintech deal for Uber. Alipay is one of the most innovative payment companies in the world.

Accepting Alipay as its payment channel is reportedly a key factor for Uber’s explosive growth in the Chinese market. It helped the company increase its market share in the Chinese special car ride market from 1% at the beginning of 2015 to 33% at the end of the same year. Many Chinese consumers do not have credit cards and they use Alipay as their major payment method. With the global cooperation expansion of Uber and Alipay, Chinese users can get a ride anywhere with Alipay, instead of using a dual-currency credit card.

Let’s block ads! (Why?)

ChinaWirelessNews.com

Alipay, China&#039s, deal, Global, Inks, Uber
  • Recent Posts

    • WATCH: ‘Coming 2 America’ Movie Review Available On Amazon Prime & Amazon
    • IBM launches AI platform to discover new materials
    • 3 Ways a Microsoft Dynamics 365 Supply Chain Management and EDI Integration Enhance E-Commerce CRM Strategy
    • The Neanderthals
    • What the swarm of new Azure announcements mean
  • Categories

  • Archives

    • March 2021
    • February 2021
    • January 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • March 2020
    • February 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • April 2019
    • March 2019
    • February 2019
    • January 2019
    • December 2018
    • November 2018
    • October 2018
    • September 2018
    • August 2018
    • July 2018
    • June 2018
    • May 2018
    • April 2018
    • March 2018
    • February 2018
    • January 2018
    • December 2017
    • November 2017
    • October 2017
    • September 2017
    • August 2017
    • July 2017
    • June 2017
    • May 2017
    • April 2017
    • March 2017
    • February 2017
    • January 2017
    • December 2016
    • November 2016
    • October 2016
    • September 2016
    • August 2016
    • July 2016
    • June 2016
    • May 2016
    • April 2016
    • March 2016
    • February 2016
    • January 2016
    • December 2015
    • November 2015
    • October 2015
    • September 2015
    • August 2015
    • July 2015
    • June 2015
    • May 2015
    • April 2015
    • March 2015
    • February 2015
    • January 2015
    • December 2014
    • November 2014
© 2021 Business Intelligence Info
Power BI Training | G Com Solutions Limited