Alibaba deal could bring Apple Pay to China
Apple's mobile payment service could get a huge boost if the company can work out a deal with Alibaba, China's do-it-all megacorp. In an interview with The Wall Street Journal, Alibaba's Executive Vice Chairman Joseph Tsai noted his company's desire to partner with Apple. "Right now, I think what we can say is that this is focused on the China market for Apple. We are positive about the potential cooperation, but it depends on the details being worked out," Tsai said.
A deal between Alibaba and Apple would make a lot of sense given Apple's recent push to deliver new devices to the nation promptly on launch, as well as Alibaba's expertise in the Chinese e-commerce scene with its Alipay app. It would also make a lot of sense because, you know, money is good and Apple would stand to make a lot (more) of it.
