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Alipay is a digital payment platform founded in 2004 by Alibaba Group that was later spun off in 2011. It was originally the predecessor to Ant Financial (now known as Ant Group) and still remains a core component of Ant. Users can pay and transfer money using a QR code, while other newly added functionalities include ordering food deliveries, booking movie tickets and hotels, calling a taxi, renting a power bank, and etc., that has transformed the app into a super app for consumers.

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