Whats the Relationship Between Alipay and Alibaba?

The video discusses Alipay's extensive use in China and its relationship with Alibaba. It introduces Alipay E Pass, a service for US and European merchants to access Chinese consumers. Jack Ma's vision for Alibaba's US expansion is highlighted, focusing on aiding small businesses. The video addresses challenges like counterfeit goods and currency conversion, emphasizing Alipay's role in overcoming these. It concludes with Alipay's growth potential and its unique position against competitors like Tencent and PayPal.

What is Jack Ma's perspective on Alibaba's role in helping small businesses in the U.S.?

What strategies does Alipay employ to combat counterfeit goods in the market?

How does Alipay aim to improve the shopping experience for Chinese consumers buying from overseas?