Categories: News

Alipay Profile by yStats.com: Alipay Continues to Grow International Acceptance

A leading Hamburg-based secondary market research agency has released a comprehensive profile of China�s leading mobile wallet: “Alipay Profile 2019.” The publication summarizes the facts and figures about Alipay and China and reports that Alipay’s acceptance is growing internationally.

Hamburg, Germany, March 22, 2019 –(PR.com)– In China, Alipay has a market share of more than 50%.

With a market share of above 50%, Alipay was the leading third-party mobile payment service in China in 2018. In addition, it was the top payment method used by Chinese consumers on Alibaba’s E-Commerce platforms, according to the figures revealed in the yStats.com report. In addition to online shopping, Alipay customers use the service to purchase in-store, make bill payments and transfer money.

Alipay to be accepted at more locations overseas

Moreover, Alipay is increasingly used by Chinese consumers when they travel abroad. To tap into this emerging market opportunity, Alipay cooperates with merchants and payment providers across the globe to grow its international acceptance. At home, Alipay faces growing competition from the number two leading mobile wallet WeChat Pay, and other emerging rivals such as JD Pay and Suning Pay, in regard to the yStats.com report.

For further information, see: https://www.ystats.com/wp-content/uploads/2019/03/2019.03.19_Product-Brochure-Order-Form_Alipay-Profile-2019.pdf

Press Contact:
yStats.com GmbH & Co. KG
Behringstrasse 28a, D-22765 Hamburg
Phone: +49 (0)40 – 39 90 68 50
Fax: +49 (0)40 – 39 90 68 51
E-Mail: press@ystats.com
Internet: www.ystats.com
Twitter: www.twitter.com/ystats
LinkedIn: www.linkedin.com/company/ystats
Facebook: www.facebook.com/ystats

About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world’s leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.

Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.

We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.

Let’s block ads! (Why?)

Miscw.com

Recent Posts

CGTN: China vows continued efforts to build Asia-Pacific community with shared future

BEIJING, CHINA - Media OutReach Newswire - 8 November 2024 - Since its inception more…

3 hours ago

TBS Energi Utama to Acquire Singapore’s Integrated Waste Management Services Provider, Sembcorp Environment Pte. Ltd.

Acquisition Expands TBS’ Regional Waste Management Platform in Indonesia and Singapore, aligning with its TBS2030…

4 hours ago

Score 11 Unbeatable Deals This 11.11 on Shopee with 90% Off Lowest Price Guaranteed

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 8 November 2024 - It’s that time…

6 hours ago

Shenzhen China Wins the World Smart City Award, Demonstrating the Global Influence of Social Intelligent Governance of Mega City

BARCELONA, SPAIN - Media OutReach Newswire - 8 November 2024 - On November 6, Central…

7 hours ago

Singapore – A Trusted Global Supply Chain Management Hub

SINGAPORE - Media OutReach Newswire - 8 November 2024 - Singapore is strengthening its position…

9 hours ago

OPPO Celebrates Global Photography Talent at Paris Photo Fair under the theme of “Dear Life”

PARIS, FRANCE - Media OutReach Newswire – 8 November 2024 - This year, OPPO once…

9 hours ago