Uber ties up with Alipay globally

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IANS | 04 May, 2016
Online cab aggregator Uber announced a global partnership with third-party payment platform, Alipay, to enable Chinese travellers avail rides through this solution in more than 400 cities, the companies said on Tuesday.

Uber riders in India can avail the facility through Paytm platform. China's Alibaba Group and its affiliate Ant Financial had earlier picked up stake in One97 Communications, the parent company of Paytm.

"Leveraging the strategic partnership with Ant Financial, we look forward to working closely with more global partners like Uber to grow our influence in order to benefit our 126 million users," said Vijay Shekhar Sharma, chief executive and founder of Paytm.

"Working with Alipay enables us to bring this top-notch experience to the ever-growing number of Chinese travellers who choose to use Uber internationally," said Eric Alexander, head of business, Uber Asia Pacific.

"Alipay's collaboration with Uber reflects a step forward of Ant Financial's global strategy, and the collaboration also extends to the Alipay's strategic global partners like Paytm in India. The collaboration aims to bring better experiences for our users globally," said Eric Jing, president, Ant Financial.