Alibaba Group and Alipay

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Difference between Alibaba Group and Alipay

Alibaba Group vs. Alipay

Alibaba Group Holding Limited is a Chinese multinational e-commerce, retail, Internet, AI and technology conglomerate founded in 1999 that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals, as well as electronic payment services, shopping search engines and cloud computing services. Alipay is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma.

Ant Financial

Ant Financial Services Group (Chinese: 蚂蚁金服), formerly known as Alipay, is an affiliate company of the Chinese Alibaba Group.

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Chief executive officer

Chief executive officer (CEO) is the position of the most senior corporate officer, executive, administrator, or other leader in charge of managing an organization especially an independent legal entity such as a company or nonprofit institution.

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CK Hutchison Holdings

CK Hutchison Holdings Limited is a Cayman Islands–registered multinational conglomerate headquartered in Hong Kong.

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E-commerce payment system

An e-commerce payment system facilitates the acceptance of electronic payment for online transactions.

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Hangzhou

Hangzhou (Mandarin:; local dialect: /ɦɑŋ tseɪ/) formerly romanized as Hangchow, is the capital and most populous city of Zhejiang Province in East China.

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Hong Kong

Hong Kong (Chinese: 香港), officially the Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory of China on the eastern side of the Pearl River estuary in East Asia.

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Jack Ma

Ma Yun (born 10 September 1964), known professionally as Jack Ma, is a Chinese business magnate, investor, and philanthropist.

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SoftBank Group

is a Japanese multinational holding conglomerate headquartered in Tokyo, Japan.

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Taobao

Taobao is a Chinese online shopping website, headquartered in Hangzhou, China, and is a subsidiary of Alibaba Group.

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Tencent

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

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Tmall

Tmall.com, formerly Taobao Mall, is a Chinese-language website for business-to-consumer (B2C) online retail, spun off from Taobao, operated in China by Alibaba Group.

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WeChat

WeChat is a Chinese multi-purpose messaging, social media and mobile payment app developed by Tencent.

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Yahoo!

Yahoo! is a web services provider headquartered in Sunnyvale, California and wholly owned by Verizon Communications through Oath Inc..

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Zhejiang

, formerly romanized as Chekiang, is an eastern coastal province of China.

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