Perspectives
Suning.com, the business-to-consumer website of Suning Appliance Co. Ltd. (002024.SZ), Chinas leading 3C products retailer, is holding cooperation talks with Alipay.com Ltd., the worlds largest third party e-payment platform, techweb.com.cn reported, citing an unnamed source close to the matter.
The source also said Alipay, a unit of Chinese e-commerce giant Alibaba Group Holdings Ltd., will hold a session at the 2011 Entrepreneurs Conference on Sep. 9 that will include the participation of Alipays existing e-commerce business partners, the payment platforms chief executive officer Peng Lei and executives from other e-commerce companies.