Ant Financial's Alipay merges with Lazada's helloPay in consolidation move

Ant Financial's Alipay merges with Lazada's helloPay in consolidation move

REUTERS/Aly Song

helloPay Group, a payment platform for e-commerce firm Lazada has merged with Ant Financial Services Group‘s mobile and online payment platform Alipay, an expected consolidation move after Alibaba’s buy of South East Asia-focused e-commerce major Lazada last year.

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