{"id":6444,"date":"2023-03-13T07:59:27","date_gmt":"2023-03-13T07:59:27","guid":{"rendered":"https:\/\/scbcouncil.com\/?p=6444"},"modified":"2023-03-13T07:59:29","modified_gmt":"2023-03-13T07:59:29","slug":"alibaba-buys-britains-worldfirst-for-4-8-billion","status":"publish","type":"post","link":"https:\/\/scbcouncil.com\/en\/alibaba-buys-britains-worldfirst-for-4-8-billion\/","title":{"rendered":"Alibaba buys Britain’s WorldFirst for $4.8 billion"},"content":{"rendered":"\n

China’s Alibaba Group has bought British WorldFirst, a cross-border remittance and international payments company, in a $4.8 billion deal. WorldFirst’s business will be merged with Alipay after the acquisition, paving the way for Alibaba Group’s expansion into the European market.<\/p>\n","protected":false},"excerpt":{"rendered":"

China’s Alibaba Group has bought British WorldFirst, a cross-border remittance and international payments company, in a $4.8 billion deal. WorldFirst’s business will be merged with Alipay after the acquisition, paving the way for Alibaba Group’s expansion into the European market.<\/p>\n","protected":false},"author":1,"featured_media":6445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-6444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nAlibaba buys Britain's WorldFirst for $4.8 billion - SCBC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scbcouncil.com\/en\/alibaba-buys-britains-worldfirst-for-4-8-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alibaba buys Britain's WorldFirst for $4.8 billion - SCBC\" \/>\n<meta property=\"og:description\" content=\"China’s Alibaba Group has bought British WorldFirst, a cross-border remittance and international payments company, in a $4.8 billion deal. WorldFirst’s business will be merged with Alipay after the acquisition, paving the way for Alibaba Group’s expansion into the European market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/scbcouncil.com\/en\/alibaba-buys-britains-worldfirst-for-4-8-billion\/\" \/>\n<meta property=\"og:site_name\" content=\"SCBC\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-13T07:59:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-13T07:59:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/scbcouncil.com\/wp-content\/uploads\/2023\/03\/B2B-sellers-page-asset.png\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"532\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"bawazeer261@gmail.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"bawazeer261@gmail.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/scbcouncil.com\\\/ar\\\/alibaba-buys-britains-worldfirst-for-4-8-billion\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/scbcouncil.com\\\/ar\\\/alibaba-buys-britains-worldfirst-for-4-8-billion\\\/\"},\"author\":{\"name\":\"bawazeer261@gmail.com\",\"@id\":\"https:\\\/\\\/scbcouncil.com\\\/#\\\/schema\\\/person\\\/49b78836b175e39af321865df72b91ef\"},\"headline\":\"Alibaba buys Britain’s WorldFirst for $4.8 billion\",\"datePublished\":\"2023-03-13T07:59:27+00:00\",\"dateModified\":\"2023-03-13T07:59:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/scbcouncil.com\\\/ar\\\/alibaba-buys-britains-worldfirst-for-4-8-billion\\\/\"},\"wordCount\":49,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/scbcouncil.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/scbcouncil.com\\\/ar\\\/alibaba-buys-britains-worldfirst-for-4-8-billion\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/scbcouncil.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/B2B-sellers-page-asset.png\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/scbcouncil.com\\\/ar\\\/alibaba-buys-britains-worldfirst-for-4-8-billion\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/scbcouncil.com\\\/ar\\\/alibaba-buys-britains-worldfirst-for-4-8-billion\\\/\",\"url\":\"https:\\\/\\\/scbcouncil.com\\\/ar\\\/alibaba-buys-britains-worldfirst-for-4-8-billion\\\/\",\"name\":\"Alibaba buys Britain's WorldFirst for $4.8 billion - 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