Industry
China’s Alipay+ posts whopping 700% growth in Korea this year
Dec. 11, 2023
Alipay+, the cross-border payments solutions run by China's Ant Group, saw phenomenal growth in its usage in Korea this year -- almost a 700 percent jump in the monthly numbers -- with the return of foreign tourists and the expansion of its service among the local stores. Danny Chung, the general manager of Ant Group in Korea, Australia, New Zealand and Mongolia, shared the performance and the company's plans Monday during a roundtable meeting with local journalists held in Seoul. Duri