Alibaba Denies Working With Bitcoin (BTC) Company or Support for Crypto: Report

Alibaba Denies Working With Bitcoin (BTC) Company or Support for Crypto: Report

Contrary to an announcement made by Bitcoin cashback company Lolli, e-commerce giant Alibaba says it has no partnership with the platform. Lolli announced on China’s Singles Day that its app now allows Alibaba shoppers to earn Bitcoin rewards. According to a report by CoinDesk, however, Alibaba representatives are denying the partnership.