Samsung Elec, Alibaba to team up on mobile payment systems
Published Thu, May 19, 2016 · 12:48 AM
[SEOUL] Samsung Electronics and Alibaba Group Holding plan to announce a collaboration on mobile payment systems on Friday, South Korean media reported.
Under the tie-up, Samsung Electronics plans to allow its smartphone customers to use Alipay, the online payment platform run by a unit of Chinese e-commerce giant Alibaba, media reports said on Thursday.
A Samsung Electronics spokeswoman declined to comment.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think
Hollywood animation, VFX unions fight AI job cut threat