China's Alipay could take stake in Germany's Wirecard: report - sim

China’s Alipay could take stake in Germany’s Wirecard: report

  • June 29th, 2016



Wirecard AG (WDIG.DE) is negotiating with representatives of Alipay, a unit of Chinese ecommerce giant Alibaba (BABA.N), about it taking a stake of up to 25 percent in the German banking software company, a newspaper reported on June 26th.

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