China is still at war with Jack Ma: Alibaba remains without his Payment App


Source: dailynewsen.com dailynewsen.com

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The Chinese regime wants to dismantle the popular Application of Alipay Payments, from the Gigantic Group Alibaba, to remove the lucrative business of online loans, the Financial Times newspaper reported Monday. This mobile payment service is an indispensable application in China, where cash has practically disappeared and the vast majority of payments are made with a smartphone. According to the information of the Financial Times, which does not quote any source, an entity will maintain the payment service and the other will focus on online loans. In addition, Ant Group, Alipay's subsidiary possesses Alipay, must give the data from the...