China-based Alipay to enter Taiwan market

   Date:2007/11/26     Source:

Alipay, the largest electronic payment service in China, will soon enter the Taiwan market through a partnership with Taiwan-based eDynamics to help allow users in China to be able to do online shopping in Taiwan, according to eDynamics.

Alipay is a member of the Alibaba Group of which Alibaba.com is the largest B2B platform in China, while eDynamics provides e-commerce and online marketing services specifically for small enterprises and individuals in Taiwan, according to eDynamics.

In the initial stages, users of Alipay will only be able to shop at oBuy, an online shopping platform operated by eDynamics, according to eDynamics, which noted that oBuy currently has more than 500 online stores with about 130,000 items available for purchase.

eDynamics and Alipay will hold a joint press conference to introduce the business project on November 27.

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