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Alipay To Cooperate With Amazon.cn
April 15, 2008 |
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Chinese media reports that Alibaba's affiliate Alipay may enter a cooperation with Amazon.cn, a potential competitor for Taobao.com, another subsidiary of Alibaba.
Under their cooperation, Amazon.cn will support online payment via Alipay's platform. The parties are said to be signing a contract right now whose details will soon be released.
Not long ago, Taobao.com announced plans to enter the B2C market. Hence it has become a competitor of Amazon.cn and Dangdang.com, while at the same time its sister service Alipay began to cooperate with many vertical B2C websites, including redbaby.com.cn and 360buy.com.
So far, Alipay has not made any comment on the cooperation with Amazon.cn, though Joyo's PR has confirmed that they are indeed negotiating with Alipay on the cooperation which will be publicized soon.
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