Increasingly it looks as though the Alipay system will sit at the heart of the Alibaba.com 'empire', providing the glue which knits together its various components. It's recently receiving a good deal of PR attention and we note with great interest the press release from last week releasing 2006 metrics.
Highlights:
- The number of registered Alipay users surpassed 33 million
- Alipay's daily transaction volume reached US$12.8 million
(RMB100 million) - The number of daily transactions using Alipay reached 460,000
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