Alipay To Cooperate With

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Chinese media reports that Alibaba's affiliate Alipay may enter a cooperation with, a potential competitor for, another subsidiary of Alibaba.

Under their cooperation, will support online payment via Alipay's platform. The parties are said to be signing a contract right now whose details will soon be released.

Not long ago, announced plans to enter the B2C market. Hence it has become a competitor of and, while at the same time its sister service Alipay began to cooperate with many vertical B2C websites, including and

So far, Alipay has not made any comment on the cooperation with, though Joyo's PR has confirmed that they are indeed negotiating with Alipay on the cooperation which will be publicized soon.


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