Bitcoin Rewards Shopping App Lolli Teams With Chinese E-Commerce Giant Alibaba

News | November 12, 2019 By:

Crypto rewards shopping app Lolli announced a partnership with Chinese e-commerce giant Alibaba.

Founded in 2018, Lolli is a rewards platform that offers users bitcoin when they shop at participating online retailers. It currently has more than 750 participating partners, ranging from traditional department stores to trendy millennial shops.

Alibaba is the world’s largest e-commerce retailer and provides consumers hundreds of millions of products in over 40 different major categories, including consumer electronics, machinery, and apparel.

With the partnership, Lolli users will be able to earn 5% bitcoin back when shopping on Alibaba.com. In order to receive five percent bitcoin back on purchases, shoppers must sign-up for an account at Lolli.com and download a browser extension from Google Chrome or Mozilla Firefox. Currently, this partnership is only available to users within the United States.

“I’m excited to partner with Alibaba on Singles Day and offer the opportunity to earn bitcoin back to its shoppers,” said Alex Adelman, CEO and Co-founder of Lolli. “This is a milestone partnership for Lolli as Alibaba is the largest retailer and e-commerce company in the world, launching on Single’s Day, the world’s largest shopping day of the year. 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.”