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Alipay Will Support Firefox Browser

Zhejiang Alipay Internet Technology, the online payment subsidiary of e-commerce behemoth Alibaba Group, has announced that its payment website will support Mozilla’s Firefox browser, making Alipay one of the first Chinese online payment platforms to fully support non-Microsoft browsers.

Users of Firefox 1.5, 2.0 and 3.x editions can install Alipay’s security control program that is specially designed for the Firefox browser through an automatic installation function and all of Alipay’s functions will be available to them. At present, Mozilla has started to provide the download service of Alipay’s security control program on its official website.

At the same time, Alibaba’s other subsidiary Taobao.com is developing relevant plug-ins for its instant messaging software, Taobao Wangwang. After completion, users of the Firefox browser will be able to enjoy the same online shopping experience created by Taobao.com, Wangwang and Alipay as users of the Internet Explorer browser.

In addition, Alipay has launched a multi-browser plan and the third-party payment platform will soon support more non-Microsoft browsers, including Google’s Chrome and Apple’s Safari.(from Chinatechnews.com)

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Baidu - Alibaba contest heating up

Don’t miss Tangos’s piece on a very interesting new (though not unexpected) development in the ongoing throw-down between Baidu and Alibaba. After announcing that they’d be getting into the B2B and B2C ecommerce businesses last year and going into an invite-only Beta just weeks ago, Baidu has now announced an online payment system called Baifubao to challenge Alipay, and a C2C platform to take on Alibaba’s dominant Taobao. Things will get very, very interesting I suspect. Baidu is such an incredibly powerful brand in the Internet, and dominating search as it does it will be able to acquire customers with real ease. Taobao, as you’ve likely already heard, has begun blocking spiders from other search engines — a direct slap at Baidu.(from Ogilvy China)

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ICBC Will Subscribe To The Shares Of Alibaba

According to Hong Kong media reports, ICBC (Industrial and Commercial Bank of China) will become one of Alibaba’s basic investors, following Taiwan Hon Hai Group, Wharf and Yahoo. It is the first time that Industrial and Commercial Bank of China refers to new shares investment markets.

According to sources, Alibaba will finance the total investment of about 145 million US dollars from its five basis investors before to be listed. This five investors are Industrial and Commercial Bank of China, Sun Hung Kai Properties Ltd, Taiwan’s Hon Hai Group, Wharf and Yahoo. And this five investors will be banned to sell their shares in two years.

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