Alibaba Internet finance extends its reach to South Korea (China Daily)

A model promotes Alipay service for Zhejiang Ant Small & Micro Financial Services Group Co at the China Digital Entertainment Expo, known as ChinaJoy, in Shanghai.[Provided to China Daily] Group-backed online bank receives initial permit from South Korean government Alibaba Group Holding Ltd is expanding its Internet finance business beyond China, after a local lender it…

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