The biggest shopping events in China see Alibaba give Bitcoin as cashback to US-based customers. Alibaba recently refused to allow Chinese people to buy Bitcoin via Alipay. China’s popular ‘Singles Day’ the equivalent of the United States’ Black Friday. In an interesting turn of events, the Chinese e-commerce behemoth Alibaba in partnership with Lolli, a New York-based Bitcoin app allowed cashback to US online shoppers on November 11. The 5% offer was given to all the users shopping on Alibaba via the Lolli app. Alibaba’s partnership with Lolli gives a cashback discount to Lolli users. According to Alex Adelman, the CEO of Lolli: “I’m excited to partner with Alibaba on Singles Day and offer the opportunity to earn bitcoin back to its shoppers. This is a milestone partnership for Lolli as Alibaba is the largest retailer and e-commerce company in the world, launching on Single’s Day, the world’s largest shopping day of the year.” The move by Alibaba sparked discussions across China crypto enthusiasts. The e-commerce platform recently refused to allow people in China to purchase Bitcoin via Alipay. Interestingly, Alibaba offered Bitcoin for free to US-based customers. Chinese based shoppers were not allowed to access the offer in spite of the mission to expose citizens to the crypto and blockchain. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next BoE to deliver a 25bps cut in January 2020 – Danske Bank FX Street 3 years The biggest shopping events in China see Alibaba give Bitcoin as cashback to US-based customers. Alibaba recently refused to allow Chinese people to buy Bitcoin via Alipay. China's popular 'Singles Day' the equivalent of the United States' Black Friday. In an interesting turn of events, the Chinese e-commerce behemoth Alibaba in partnership with Lolli, a New York-based Bitcoin app allowed cashback to US online shoppers on November 11. The 5% offer was given to all the users shopping on Alibaba via the Lolli app. Alibaba's partnership with Lolli gives a cashback discount to Lolli users. According to Alex Adelman, the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
