{"id":108168,"date":"2019-11-12T18:30:15","date_gmt":"2019-11-12T13:00:15","guid":{"rendered":"http:\/\/ambcrypto.com\/?p=108168"},"modified":"2019-11-13T19:14:30","modified_gmt":"2019-11-13T13:44:30","slug":"bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\/","title":{"rendered":"China&#8217;s Alibaba to offer Bitcoin rewards via Lolli app"},"content":{"rendered":"<p><strong>UPDATE:\u00a0<\/strong>According to <a href=\"https:\/\/www.coinness.com\/news\/457572\" target=\"_blank\" rel=\"noopener noreferrer\">reports<\/a>, Alipay&#8217;s Head of Public Relations has commented that the firm is not working with Lolli, nor is Any blockchain involved with Lolli&#8217;s Bitcoin rewards.<\/p>\n<p>AMBCrypto has reached out to representatives of both Lolli and Alibaba for clarity on the matter. The article will be updated accordingly.<\/p>\n<p>Following the same, Lolli has now clarified that it has partnered with Alibaba.com, and not Alipay. A statement from Alipay also said that it has no association with Lolli or any of its affiliates.<\/p>\n<p>&nbsp;<\/p>\n<p>Recently, Chinese e-commerce platform Alibaba was in the news following its Single&#8217;s Day shopping sale. However, news of the global shopping giant partnering with Bitcoin rewards application Lolli is what caught the attention of the crypto-industry.<\/p>\n<p>Lolli is a platform that allows users to acquire Bitcoin while shopping at certain merchants. According to the press release, Alibaba is collaborating with Lolli in order to help users stack sats as users of Lolli would be able to accumulate 5% Bitcoin back, while shopping on Alibaba.<\/p>\n<p>Alex Adelman, Co-founder and CEO of Lolli, went on to say that the latest collaboration is a &#8220;milestone&#8221; for the platform. He added,<\/p>\n<blockquote><p>&#8220;I\u2019m excited to partner with Alibaba on Singles Day and offer the opportunity to earn bitcoin back to its shoppers. Our partnership allows our users to earn free bitcoin on millions of products online every day. Arguably the most important piece of this partnership is that it supports our mission of connecting the entire world through commerce.&#8221;<\/p><\/blockquote>\n<p>Despite taking a significant leap in the crypto-industry, the country&#8217;s position on Bitcoin remains uncertain. Lolli, however, <a href=\"https:\/\/www.coindesk.com\/alibaba-offers-bitcoin-rewards-through-lolli-shopping-app-for-singles-day\">affirmed<\/a> that the feature is limited to citizens of the United States only. U.S users would have their products shipped from China. Additionally, the platform is looking forward to expanding to other countries as well.<\/p>\n<p>Additionally, the payment platform Alipay, which was established by the Alibaba Group, recently revealed that it wouldn&#8217;t support any cryptocurrency transactions. More recently, Alipay responded to CZ&#8217;s claims of a fiat on-ramp for cryptocurrency trading through the payment platform. The tweet <a href=\"https:\/\/twitter.com\/Alipay\/status\/1182193884572467201\">read<\/a>,<\/p>\n<blockquote><p>&#8220;To reiterate, Alipay closely monitors over-the-counter transactions to identify irregular behavior and ensure compliance with relevant regulations. <span class=\"css-901oao css-16my406 r-1qd0xha r-ad9z0x r-bcqeeo r-qvutc0\">If any transactions are identified as being related to bitcoin or other virtual currencies, <\/span><span class=\"r-18u37iz\">@Alipay <\/span>immediately stops the relevant payment services.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>UPDATE:\u00a0According to reports, Alipay&#8217;s Head of Public Relations has commented that the firm is not working with Lolli, nor is Any blockchain involved with Lolli&#8217;s Bitcoin rewards. AMBCrypto has reached out to representatives of both Lolli and Alibaba for clarity on the matter. The article will be updated accordingly. Following the same, Lolli has now<a href=\"https:\/\/ambcrypto.com\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\/\">Continue reading <span class=\"sr-only\">&#8220;China&#8217;s Alibaba to offer Bitcoin rewards via Lolli app&#8221;<\/span><\/a><\/p>\n","protected":false},"author":28,"featured_media":108177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,18,3,4,20],"tags":[266],"class_list":["post-108168","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-hide-cryptopanic","category-news","category-social","category-trading-view","tag-lolli"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>China&#039;s Alibaba to offer Bitcoin rewards via Lolli app - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Bitcoin reward application, Lolli is partnering with e-commerce giant Alibaba in order allow users to stack sats. However, the services are limited to....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China&#039;s Alibaba to offer Bitcoin rewards via Lolli app - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"UPDATE:\u00a0According to reports, Alipay&#039;s Head of Public Relations has commented that the firm is not working with Lolli, nor is Any blockchain involved with\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-12T13:00:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-13T13:44:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2019\/11\/photo-1547152850-11ac68bbe48f-e1573558793864.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"505\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sahana Kiran\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sahana Kiran\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\\\/\"},\"author\":{\"name\":\"Sahana Kiran\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/dbdb90c64dafdd75a7a9d5cad876a894\"},\"headline\":\"China&#8217;s Alibaba to offer Bitcoin rewards via Lolli app\",\"datePublished\":\"2019-11-12T13:00:15+00:00\",\"dateModified\":\"2019-11-13T13:44:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\\\/\"},\"wordCount\":399,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/photo-1547152850-11ac68bbe48f-e1573558793864.jpg\",\"keywords\":[\"Lolli\"],\"articleSection\":[\"Bitcoin\",\"HideCryptopanic\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\\\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\\\/\",\"name\":\"China's Alibaba to offer Bitcoin rewards via Lolli app - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-rewards-app-lolli-partners-with-alibaba-limits-services-to-u-s-users\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2019\\\/11\\\/photo-1547152850-11ac68bbe48f-e1573558793864.jpg\",\"datePublished\":\"2019-11-12T13:00:15+00:00\",\"dateModified\":\"2019-11-13T13:44:30+00:00\",\"description\":\"Bitcoin reward application, Lolli is partnering with e-commerce giant Alibaba in order allow users to stack sats. 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