SHANGHAI -- China's e-commerce behemoth Alibaba Group Holding is quietly building a whole economic sphere based on the smartphone payments and services it provides.
Users sacrifice privacy for convenience of shopping, finance and health care

A model demonstrates Alibaba's FashionAI technology, which display's the item's details on the mirror. China's leading e-commerce group's services allow it collect vast amounts of data on users. © Reuters
SHANGHAI -- China's e-commerce behemoth Alibaba Group Holding is quietly building a whole economic sphere based on the smartphone payments and services it provides.