Ant Financial, the Chinese payment affiliate of Alibaba, has more than 600 million users, the first time the company has said how large its business...
Ant Financial is planning on raising $10 billion over the next couple of days, possibly bringing in the Carlyle Group and the Canada Pension Plan Investment Board...
Chinese eCommerce giant Alibaba has acquired Daraz, Pakistan’s most popular online shopping destination, thus expanding its empire into South Asia. Daraz was founded by Rocket...
Baidu’s new firm has received $1.9 billion in funding that will enable it to better compete in China’s growing FinTech space. According to The Wall...
As Chinese tech companies ramp up their efforts to offer financial services, BlackRock Co-Founder Robert Kapito said that existing Western firms may struggle to compete....
Through a private funding round that could make Ant Financial the world’s biggest unicorn, the Chinese financial firm — an affiliate of Alibaba — is reportedly...
The chief executive of Ant Financial Services Group, the payment affiliate of Alipay, is no fan of initial coin offerings (ICOs). According to news from CoinDesk,...
Pushing its footprint even deeper into the Americas, Ant Financial’s Alipay — China’s leading payment provider and the primary means of online and mobile payment for Chinese consumers...
Ant Financial’s Alipay is expanding across North America as it broadens its partnership with First Data, the companies announced Monday (March 19). The digital payment...