Alibaba’s Ant Group seeks to dominate SE Asia e-payment with IPO

Alibaba’s Ant Group seeks to dominate SE Asia e-payment with IPO

A Chinese customer uses Alipay to make a purchases at a store in Singapore. Alipay operator Ant Group has big plans for Southeast Asia. © AP

These days restaurants, taxis and even vending machines in Singapore accept Chinese e-payment service Alipay — despite the fact that few Singaporeans use it.

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