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Alipay Could Take Stake In Wirecard: Report


Ron Burgundy
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Sales assistant sits behind and under Alipay logos at a train station in ShanghaiWirecard AG is negotiating with representatives of Alipay, a unit of Chinese e-commerce giant Alibaba, about it taking a stake of up to 25 percent in the German banking software company, a newspaper reported on Sunday. Without citing its sources, the Bild am Sonntag weekly said Wirecard was in confidential talks with Alipay about it taking a stake of up to 25 percent, and possibly more later. The paper said Wirecard declined to comment.




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