Jack Ma Stories November 11, 2014

The potential partnership between Apple and Chinese ecommerce giant Alibaba could facilitate a far more rapid rollout of Apple Pay in the country than if Apple goes it alone, suggests a piece in the WSJ. Tim Cook first revealed that he was in talks with the company at the WSJ Digital conference last month.

One possible scenario is for Alibaba’s financial affiliate, which owns the Alipay electronic-payment business in China, to provide back-end services for Apple’s Apple Pay payment system, allowing iPhone users to pay with Apple Pay using the money from their Alipay accounts, Mr. Tsai said.

Such an arrangement would be significant for two reasons …  expand full story

Jack Ma Stories October 27, 2014

Tim Cook to speak with Jack Ma about potential Apple-Alibaba partnership later this week

Apple chief executive Tim Cook just moments ago in a live interview at The Wall Street Journal: Digital conference claimed that he will be entering talks with Jack Ma, executive chairman of Chinese e-commerce company Alibaba, about a potential partnership with the online enterprise “later this week.” Any potential partnership between Apple and Alibaba would likely involve the integration of Apple Pay and Alipay across Taobao, Tmall and Alibaba.

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