Alipay Offers U.S. Retailers Tools for Selling to China
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Alipay, the Alibaba Group Holding Ltd. financial affiliate controlled by Jack Ma, is trying to gain a foothold with U.S. retailers by offering them tools to help sell to consumers in China.
Alipay’s “ePass” service will let Chinese shoppers buy products on U.S. retailers’ websites and then manage payments and door-to-door shipping logistics, the company said in a statement. Alipay will also help market U.S. products to consumers in China.