29/10/14

Apple and Alibaba hint at partnership!!














Apple and Alibaba could soon be collaborators.

At The Wall Street Journal's WSJD live event, Alibaba's founder and Executive Chairman Jack Ma was asked whether he would consider a partnership between Apple Pay and Alipay, Alibaba's payments company.
 
"I am very interested in that," Ma said. "A good marriage needs both sides to work."

Read MoreAlibaba a 'home run,' goes higher, Cramer says 

When asked about such a partnership Apple CEO Tim Cook said, "We are going to talk about getting married later this week," adding, "I have the utmost respect for Jack."
 
It's been just over a week, but cook says Apple Pay is already a big success. Within the first 72 hours of Apple Pay's debut, the new mobile payment service had already exceeded more than one million card activations, he said.
 
"We are just getting started," Cook said. He expects more merchants to adopt the service because he believes it's an easier, faster and more secure way to buy goods.
 
Apple CEO Tim Cook speaks about Apple Pay during an Apple special event at the Flint Center for the Performing Arts on September 9, 2014 in Cupertino, California.
Getty Images
Apple CEO Tim Cook speaks about Apple Pay during an Apple special event at the Flint Center for the Performing Arts on September 9, 2014 in Cupertino, California.

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