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Alipay Partners with Han Feng Group to Expand Its Reach to U.S. Chinese Foodservice Industry

Alipay, an online and mobile payment platform operated by Ant Financial Services Group (“Ant Financial”, “Ant”), announced that it has signed a Memorandum of Understanding (MoU) with Han Feng Inc., a food supplier for Chinese restaurants and supermarkets in the US.
The MoU will enable Han Feng’s merchant partners to accept payment via Alipay, which currently has more than 520 million active users in China alone.
Through the partnership, Alipay will empower Han Feng Inc.’s 14,000 merchants to better serve and connect with Chinese consumers in North America, starting with New York and North Carolina. Alipay will also enable users to find merchants nearby, receive coupons and make purchase decisions through the app’s “Discover” function.
Chinese consumers leverage Alipay as a Lifestyle Enabler and Alipay's partnership with Han Feng provides an experience that combines discovery and payment. Pairing Han Feng’s extensive reach within the Chinese consumer market with the familiarity of the Alipay platform, will benefit both Chinese consumers and the merchants that provide them with services.
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