Alipay Launches in Hong Kong Dollars

Sijia Jiang reporting for Reuters:

"Chinese online and mobile payment platform Alipay on Wednesday launched in Hong Kong its first app to handle transactions not denominated in the yuan currency, moving closer to its ambition of widening currency payment options."

China's tech giants have almost universally struggled to do well outside of their home market. Whether Alipay succeeds in Hong Kong, may be a harbinger of things to come for offering worldwide.

Read on Reuters.

Header image from Reuters.