Alipay Launches ShopRunner U.S. Retail Partnership

By | November 6, 2014

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Chinese e-commerce tycoon Jack Ma’s Alipay company has launched a joint service with ShopRunner, a U.S. rival of Amazon that lets Chinese consumers order products directly from the U.S. websites of big U.S. brands that are ShopRunner partners. Ma’s Alibaba Group (BABA), which completed a record $25 billion U.S. IPO in September, holds a 39% stake in ShopRunner. The move lets Chinese shoppers pay for U.S. purchases via Alipay’s ePass Scalper1 News

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