Bitcoin BTC rewards shopping app lolly has responded to Alibaba's denial of a partnership between the two companies following singles day marketing blitz CEO of lolly Alex Edelman refuted Alibaba's denial of partnership with lolly in an email to Cohen Telegraph on November 17th
Edelman maintained that lolly did have a partnership with the Alibaba Group saying we've been partnered with Alibaba Group since May through Aliexpress we have driven Aliexpress significant revenue and distributed Bitcoin rewards to our users it was previously reported that lolly introduced an affiliate partnership with Alibaba enabling its shoppers to earn 5% back in Bitcoin on singles day subsequently Alibaba denied any such partnership a representative from Alibaba told coin desk that lolly never the singles day marketing campaign got a little too popular with some outlets ik weighting it with Alibaba accepting Bitcoin given the Chinese government's hostile attitude towards Bitcoin Alibaba may have been keen to avoid such associations Adelman maintains that this was unfair to lali lali and the agency representing alibaba.com mutually agreed to launch this partnership in conjunction with singles day he told Cohen Telegraph adding alibaba.com trialed our services for 24 hours and decided to deactivate the partnership without cause breaking its contract the agency representing alibaba.com approved was no Mel intent on our end to misrepresent Alibaba Adelman continued to say that allowing Alibaba to deny the partnership would be misleading and defamed our brand when we did nothing wrong and abided by everything we contractually agreed upon with them he concluded by saying that although there was miscommunication on Ali and and while that's unfortunate we look forward to the possibility of working with alibaba.com again in the future the Chinese retail giant has not been friendly to Bitcoin to date in October alibaba's Digital payment arm Alipay reiterated its negative stance toward Bitcoin confirming that it will be banning all transactions identified as connected to Bitcoin Alipay wrote if any transactions are identified as being related to Bitcoin or other virtual currencies at Alipay immediately stops the relevant payment services