[Update] Alibaba’s YunOS-powered Smartwatch Pay Watch Hits Taobao Crowdfunding Marketplace

As Apple Pay is finally looking to make inroads to China, Chinese e-commerce behemoth Alibaba, a dominating player in China’s mobile payment sector through its payment affiliate Ant Financial, recently released a payment-focused smartwatch Pay Watch in partnership with Shenzhen-based manufacturer FiiSmart.

“Designed and manufactured by FiiSmart, the watch operates on the new “YunOS for Wear” (an operating system) and supports Alipay payment, among many other functions. We are happy to partner with innovative companies who are devoted to adopting the latest technology to bring ultimate convenience to consumers.” said an Alibaba spokesman.

The new gadget sports a 1.63-inch AMOLED display and is powered by dual-core CPU with 4GB of storage. Other specs include Bluetooth, a built-in 300mAh battery that supports 45 hours of regular use and magnetic charging. Also notable, Pay Watch is the first smartwatch that is equipped with Alibaba’s customized Android system YunOS.

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