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Alibaba’s Business Model – How the eCommerce Giant Makes Money

Indigo 9 Digital

Alibaba created China’s most popular digital wallet in 2003 to resolve issues of trust in the payment process between buyers and sellers. Alipay has more than one billion users and is the largest online payment platform in the world, much larger than PayPal. Launched in 2010 AliExpress is a global retail marketplace.

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8 Things You Need to Know About Block (Formerly Known as Square)

Indigo 9 Digital

Then Block added Cash App in 2013. Cash App started allowing users to make purchases in Bitcoin in 2018, making Cash App one the first mainstream payment apps to do so. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. from last year.