Alibaba affiliate Ant Financial enters Malaysian market

KUALA LUMPUR – Ant Financial, the affiliate financial service of China’s e-commerce giant Alibaba, entered partnership with 7-Eleven Malaysia on Monday by officially launching the Alipay cashless payment service in over 2,100 stores in Malaysia. The payment service, facilitated by local third party payment platform MOL Accessportal, mainly targets tourists from the Chinese mainland, the number…