Previously, in June of 20 1 1, Alibaba Group transferred the ownership of Alipay to another China company controlled by Jack Ma. Alipay's holding company promised to give Alibaba Group a one-time cash return when it went public. Therefore, Alibaba and Ant Financial have no structural relationship, but they have a certain economic relationship.
Alibaba Group 1999 was established in Hangzhou, Zhejiang. On September 20 14 19, Alibaba Group was officially listed on the New York Stock Exchange. Alibaba's business and the businesses of related companies include: Taobao, Tmall, Juhua, AliExpress, Alibaba International Trading Market, 1688, Ali Mama, Alibaba Cloud, etc.
Nowadays, many people manage their finances through Alipay platform, and many people get good income. Everyone here is familiar with Yu 'ebao. However, with the continuous development of business, flowers and flowers are also accepted by ordinary people. Alipay also plays a huge role in online payment.