Alipay.com, 58.com Team For Used Goods Trading

Chinese lifestyle service platform 58.com and Internet payment provider Alipay.com announced their strategic cooperation that aims to provide better used and secondhand goods trading services to Chinese Internet users.

Rumor: PayPal To Cooperate With Alibaba For Online Payments In China

EBay’s online payment subsidiary PayPal is negotiating with the Chinese B2B e-commerce group Alibaba, aiming to introduce its online payment service in China into Alibaba’s worldwide site of AliExpress.