Uber, China's Alipay expand cooperation to foreign markets


Save Story
Leer en español

Estimated read time: 1-2 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

BEIJING (AP) — Ride-hailing service Uber and the payment service of e-commerce giant Alibaba Group are expanding a partnership to allow Chinese travelers to summon and pay for a car in any country where Uber operates.

The agreement announced Tuesday adds to expanding links between U.S. and Chinese companies in the growing global market for smartphone-based transportation services.

Uber and Alibaba's Ant Financial said Chinese travelers will be able to use either company's app to summon a car in 400 cities in 69 countries where Uber operates. They can pay for it in Chinese currency using Ant Financial's Alipay app.

Uber riders have been able to use Alipay to pay for transportation in mainland China since 2014. That expanded to this year to Hong Kong, Taiwan and Macau.

The two companies said they would expand cooperation in India through Alipay's links with Paytm, that country's largest payments provider.

Rival ride-hailing services Didi Kuaidi of China and Lyft of the United States agreed in September to link their apps to allow travelers to use them in each other's markets.

In December, they expanded the alliance by adding India's Ola and Southeast Asia's GrabTaxi.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast