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Alipay dodges abuse claims in China's fund-purchase dispute

By Yonnex Li ( October 3, 2024, 07:46 GMT | Insight) -- A Shanghai court has rejected claims that Alipay, the digital payment affiliate of Chinese e-commerce giant Alibaba, engaged in abusive practices by discriminating against users investing in a money-market fund. Alibaba, Ant Group and their data operator were also cleared of allegations that they illegally processed users' personal information to assist in the discriminatory treatment. A Shanghai court has rejected claims that Alipay, the digital payment affiliate of Chinese e-commerce giant Alibaba, engaged in abusive practices by discriminating against users investing in a money-market fund....

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