Uber and Alipay expand links to foreign markets
Print Edition
RIDE-HAILING service Uber and the payment service of e-commerce giant Alibaba Group are expanding a partnership to allow Chinese travelers to summon and pay for a car in any country where Uber operates.
The agreement announced yesterday adds to expanding links between US and Chinese companies in the growing global market for smartphone-based transport services.
Uber and Alibaba’s Ant Financial said Chinese travelers will be able to use either company’s app to summon a car in 400 cities in 69 countries and regions where Uber operates. They can pay for it in yuan using Ant Financial’s Alipay app.
Uber riders have been able to use Alipay to pay for transport in China’s mainland since 2014. That grew to Hong Kong, Taiwan and Macau this year.
The two companies said they would expand cooperation in India through Alipay’s links with Paytm, that country’s largest payments provider.
Didi Kuaidi of China and Lyft of the US agreed in September to link their apps to allow travelers to use them in each other’s markets.
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