Alipay has been strategically recruiting talent from platforms such as Douyin and Xiaohongshu since last year. The focus has been on roles in operations and advertising to bolster its content strategy.
Chinese fintech giant Ant Group's Alipay business group has recently launched its largest executive rotation in nearly seven years. The reshuffle involved multiple departments and resulted in changes to the positions of several vice presidents and senior directors.
ByteDance's short video app Douyin has begun supporting Alipay's collection code, a mobile and online payment platform, to finish payments, though the function is not available for Tencent's super app WeChat just yet.
On February 21, NBA China and Chinese fintech firm Ant Group announced a strategic partnership to create original online content and customized experiences for fans on Alipay, a leading digital wallet platform in China.
On February 11, data from the Bombay Stock Exchange showed that Alibaba.com Singapore E-Commerce has sold its remaining stake in Indian digital payments firm Paytm for about 13.78 billion rupees ($167.14 million) through a block deal.
Chinese smartphone users have recently discovered a new function within Alipay, Ant Group's payment platform, allowing them to transfer funds to contacts on Tencent's WeChat app. Many netizens said that the function is not as simple as it sounds, and evaluation has been mixed.
The legal representative and chairman of Alipay (China) Network Technology Co., Ltd. has changed from Eric Jing, Ant Group’s chairman and CEO, to Ni Xingjun, Ant Group's CTO.
Alipay (चीन) नेटवर्क प्रौद्योगिकी कं, लिमिटेड के कानूनी प्रतिनिधि और अध्यक्ष को एंट ग्रुप के अध्यक्ष और मुख्य कार्यकारी अधिकारी एरिक जिंग से एंट ग्रुप सीटीओ नी जिंगजुन में बदल दिया गया था।
एन्ट ग्रुपका अध्यक्ष र मुख्य कार्यकारी एरिक जिंग, एन्ट ग्रुपका अध्यक्ष तथा अध्यक्ष एन्ट ग्रुपका कानुनी प्रतिनिधि, चीट ग्रुप सीटीओ नी जिंगजन्जमा परिवर्तन भएको थियो।
Ang ligal na kinatawan at chairman ng Alipay (China) Network Technology Co, Ltd ay binago ni Eric Jing, chairman at CEO ng Ant Group, sa CTO Ni Xingjun ng Ant Group.
Wakil sah dan ketua Alipay (China) Network Technology Co., Ltd. ditukar dari Jing Rui (Eric Jing), Ketua dan Ketua Pegawai Eksekutif Ant Group, menjadi Ni Xingjun, CTO Ant Group.
Perwakilan hukum dan ketua Alipay (China) Network Technology Co., Ltd. diubah dari Eric Jing, Ketua dan CEO Ant Group, menjadi Ni Xingjun, CTO Ant Group.
