Patents by Inventor Shanfa Li

Shanfa Li has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20140337183
    Abstract: A method and system for processing offshore online transaction use an intermediary platform to conduct foreign currency exchange on behalf of a buyer and an offshore seller. The method allows the buyer to purchase a product of an offshore merchant website using a local currency through the intermediary platform. The buyer places an order at the offshore merchant website, which sends an order request to the intermediary platform. The intermediary platform calculates the purchase amount in local currency, and exchanges the local currency amount provided by the user into an equivalent foreign currency amount through a financial platform, and sends a transaction message indicating successful payment to the offshore merchant website to allow shipping of the product. The intermediary platform periodically conducts accounting and profit sharing operations with the offshore merchant website.
    Type: Application
    Filed: July 23, 2014
    Publication date: November 13, 2014
    Inventors: Shanfa Li, Fengping WU, Jinbo XIA, Leiming Yuan
  • Publication number: 20140074699
    Abstract: A method and system for processing offshore online transaction use an intermediary platform to conduct foreign currency exchange on behalf of a buyer and an offshore seller. The method allows the buyer to purchase a product of an offshore merchant website using a local currency through the intermediary platform. The buyer places an order at the offshore merchant website, which sends an order request to the intermediary platform. The intermediary platform calculates the purchase amount in local currency, and exchanges the local currency amount provided by the user into an equivalent foreign currency amount through a financial platform, and sends a transaction message indicating successful payment to the offshore merchant website to allow shipping of the product. The intermediary platform periodically conducts accounting and profit sharing operations with the offshore merchant website.
    Type: Application
    Filed: November 12, 2013
    Publication date: March 13, 2014
    Applicant: Alibaba Group Holding Limited
    Inventors: Shanfa LI, Fengping WU, Jinbo XIA, Leiming YUAN
  • Patent number: 8612344
    Abstract: A method and system for processing offshore online transaction use an intermediary platform to conduct foreign currency exchange on behalf of a buyer and an offshore seller. The method allows the buyer to purchase a product of an offshore merchant website using a local currency through the intermediary platform. The buyer places an order at the offshore merchant website, which sends an order request to the intermediary platform. The intermediary platform calculates the purchase amount in local currency, and exchanges the local currency amount provided by the user into an equivalent foreign currency amount through a financial platform, and sends a transaction message indicating successful payment to the offshore merchant website to allow shipping of the product. The intermediary platform periodically conducts accounting and profit sharing operations with the offshore merchant website.
    Type: Grant
    Filed: August 21, 2009
    Date of Patent: December 17, 2013
    Assignee: Alibaba Group Holding Limited
    Inventors: Shanfa Li, Leiming Yuan, Jinbo Xia, Fengping Wu
  • Publication number: 20110238570
    Abstract: System and methods of conducting an online transaction through an intermediary platform are provided. In one aspect, a system of conducting online transactions comprises an intermediary platform that includes an intermediary platform server and an intermediary platform database. The intermediary platform server includes a synchronous processing unit that receives information of a product from a merchant selling the product causes the information of the product of the merchant to be displayed at a predetermined linked position in a user interface. The intermediary platform server also includes a transaction request processing unit that receives a transaction request to purchase the product from a user, sends the transaction request to the merchant, and receives a transaction result from the merchant. The intermediary platform server further includes an interaction unit that establishes communications with the merchant and the user.
    Type: Application
    Filed: November 19, 2009
    Publication date: September 29, 2011
    Applicant: ALIBABA GROUP HOLDING LIMITED
    Inventors: Shanfa Li, Xufang Kong
  • Publication number: 20110231283
    Abstract: A method and system for processing offshore online transaction use an intermediary platform to conduct foreign currency exchange on behalf of a buyer and an offshore seller. The method allows the buyer to purchase a product of an offshore merchant website using a local currency through the intermediary platform. The buyer places an order at the offshore merchant website, which sends an order request to the intermediary platform. The intermediary platform calculates the purchase amount in local currency, and exchanges the local currency amount provided by the user into an equivalent foreign currency amount through a financial platform, and sends a transaction message indicating successful payment to the offshore merchant website to allow shipping of the product. The intermediary platform periodically conducts accounting and profit sharing operations with the offshore merchant website.
    Type: Application
    Filed: August 21, 2009
    Publication date: September 22, 2011
    Applicant: Alibaba Group Holding Limited
    Inventors: Shanfa Li, Leiming Yuan, Jinbo Xia, Fengping Wu