Asia Digest: Alibaba's Spanish foray; Malaysian Islamic Bank launches digibank; 2C2P-Pine Labs ink BNPL partnership

Asia Digest: Alibaba's Spanish foray; Malaysian Islamic Bank launches digibank; 2C2P-Pine Labs ink BNPL partnership

The logo of Alibaba Group is seen during Alibaba Group's 11.11 Singles' Day global shopping festival at the company's headquarters in Hangzhou, Zhejiang province, China, November 10, 2019. REUTERS/Aly Song

Alibaba has launched an e-commerce marketplace in Spain, while Malaysia-based Al Rajhi Bank has announced the launch of its digibank app Rize. Separately, Singapore-based 2C2P has partnered with India’s Pine Labs, which is looking to expand its BNPL services to Southeast Asia.