Ant Financial

As Goes The MoneyGram Deal, So Goes China, U.S. Tech Collaboration?

As Goes The MoneyGram Deal, So Goes China, U.S. Tech Collaboration?
As Goes The MoneyGram Deal, So Goes China, U.S. Tech Collaboration?
January 05, 2018  |  Cross-border Payments

A pretty good songster named Paul McCartney sang once that “in the end, the love you take is equal to the love you make.” Get...

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MoneyGram Stock Sinks After Regulators Kill Ant Deal
MoneyGram Stock Sinks After Regulators Kill Ant Deal
January 03, 2018  |  Partnerships

It looks like MoneyGram will not be bought by Ant Financial after all, as a U.S. government panel has officially rejected the deal over national...

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China’s Bike-Share Ofo Raises $1B
China’s Bike-Share Ofo Raises $1B
December 08, 2017  |  Investments

Ofo, the Chinese bicycle sharing company, has raised $1 billion or more from Alibaba, the Chinese eCommerce giant, and other investors. Get the Full Story...

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Samsung And Ant Financial Eye AI With $40M Investment
Samsung And Ant Financial Eye AI With $40M Investment
October 25, 2017  |  Investments

Ant Financial, the financial arm of China’s Alibaba, and Samsung Group, the South Korean consumer electronics giant, led a $40 million fundraising round for DeePhi...

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Ant Financial Resubmits To CFIUS For MoneyGram Buy Approval
Ant Financial Resubmits To CFIUS For MoneyGram Buy Approval
September 18, 2017  |  Partnerships

Ant Financial, the Chinese payment unit of Alibaba, is gearing up to resubmit to the U.S. its application to purchase MoneyGram International. Get the Full...

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Ant Financial Offers Face Scan Service For Package Pickup In China
Ant Financial Offers Face Scan Service For Package Pickup In China
September 15, 2017  |  Innovation

Ant Financial Services Group, the financial affiliate of Alibaba Group, announced news that its customers can now use facial recognition technology to scan, unlock and...

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Equifax Hack May Hinder Ant Financial’s Chances Of Buying MoneyGram
Equifax Hack May Hinder Ant Financial’s Chances Of Buying MoneyGram
September 15, 2017  |  Partnerships

As a multi-agency advisory panel in the Trump Administration comes to the end of its review of Ant Financial’s acquisition of MoneyGram, the possibility of...

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Trump Blocks Chinese Acquisition Of Chip Maker
Trump Blocks Chinese Acquisition Of Chip Maker
September 14, 2017  |  Legal & Regulation

The decision by President Donald Trump to block a Chinese fund’s takeover attempt of a U.S. semiconductor company may presage further vetoes of cross-border deals...

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