Alipay

It is the first pilot smart gas station in Hangzhou City where the Alipay’s smart screens are installed. In the future, the smart screens will be polularized in other gas stations in Xiaoshan District.

Recently, the People’s Bank of China (PBoC) released the balance sheet data of the monetary authorities, showing that as of June 2020, deposits (reserves) of non-financial institutions had reached 1572.276 billion yuan, an increase of 65.157 billion yuan from the previous month.

The list shows that Alibaba (including Alipay) continues to rank first with 1457 patents, and the total number exceeds the sum of the second, third and fourth places. For the fourth consecutive year, it has ranked first in the world for blockchain patent applications.

From July 7, Guangdong medical insurance participants can receive electronic medical insurance certificates (medical insurance codes) on Alipay, which can be used in more than 10,000 hospitals and pharmacies.

On July 7, Alipay announced that automatic paying function had been launched in 2000 parking lots in Hangzhou City, covering more than 85% of the parking lots in the main urban area of Hangzhou.

The latest data released by Alipay showed that the two major private charging pile companies Teld and Star Charge, as well as the two aggregate charging platforms Uniev (including State Grid) and Kuaidian, had all logged on Alipay, providing charging services through mini programs.

Alibaba recently announced that the upgraded version of the mini-program called “Ganfutong” created in cooperation with Jiangxi will be launched on Alipay.

Ant Financial Services announced on the 19th that Alipay will open carbon accounts for small and medium-sized enterprises based on the individual carbon accounts, to evaluate how green the enterprise is. Through building “green mountains and clear waters” via digital techniques, Ant Financial aims to promote the development of a low-carbon economy.

Pinduoduo has completed the acquisition of digital payment company Fufeitong.
Fufeitong has recently updated its shareholder information. On January 23, 2020, Shanghai Yiyi Information Technology Co., Ltd. subscribed for a capital contribution of 60.8399 million yuan, thereby obtaining a 50.01% stake in Fufeitong, becoming a major shareholder of the company.

On May 29, 26 large hotel groups including Fosun, Huazhu, BTG Homeinns and Jin Jiang Hotels reached a strategic cooperation with Alipay to jointly build a Digital Hotel blueprint.