Finance
Alipay global ambitions grow as K Bank gains momentum in third IPO bid
Ant Group is accelerating its push into the global payments market, with Alipay Plus linking more than 40 mobile payment apps across dozens of countries in Asia, Europe and the Middle East. The network is used mainly by tourists at 150 million merchants in more than 100 countries and is expanding QR-based payment services to small businesses in developing countries. In South Korea, K Bank is in focus as it pursues a third IPO attempt, alongside product updates and new card features.