--FILE--A Chinese netizen looks at a logo of Alipay, the online payment service of Chinese e-commerce giant Alibaba's Ant Financial, in Huaibei city,
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Contributor:
Imaginechina Limited / Alamy Stock PhotoImage ID:
W65AY6File size:
38.7 MB (2.5 MB Compressed download)Releases:
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4188 x 3234 px | 35.5 x 27.4 cm | 14 x 10.8 inches | 300dpiDate taken:
8 June 2018Photographer:
ImaginechinaMore information:
--FILE--A Chinese netizen looks at a logo of Alipay, the online payment service of Chinese e-commerce giant Alibaba's Ant Financial, in Huaibei city, east China's Anhui province, 8 June 2018. Chinese company Alipay will start offering its online payment services in Pakistan by the end of this year, local media reported on Wednesday (15 August 2018). Alibaba's Ant Financial had announced in March this year that it would purchase 45 percent stakes in Pakistan's Telenor Microfinance Bank (TMB), which is a subsidiary of the Telenor Group, at $184.5 million. The step was aimed at further developing Alibaba's mobile payment and digital financial services in Pakistan. The Alibaba Group uses Alipay as its online payment platform and the Chinese e-commerce giant will commence its digital financial services in Pakistan by the end of this year, Chief Executive of Telenor Pakistan Irfan Wahab Khan, who is also a board member in the Telenor Microfinance Bank, told local media on Tuesday.