Alibaba-affiliated Ant Group is reportedly in discussions to integrate its Alipay+ cross-border payment solution with India's instant payments network, signaling a major potential expansion into the massive Indian FinTech market.
- This strategic move is expected to accelerate Alibaba’s international commerce ambitions.
- Despite the positive news, BABA stock fell 2.81% on the preceding day (February 3), reflecting broader pressure on the technology sector.