Ant Financial

Alipay To Collaborate With More Japanese Merchants
Alipay To Collaborate With More Japanese Merchants
September 05, 2018  |  International

Alipay, the mobile and online payment platform operated by Ant Financial Services, announced on Wednesday (Sept. 5) that it will collaborate with a wider range...

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Alipay In-Store Overseas Transactions Beat Summer 2017 By Factor Of 2.6
Alipay In-Store Overseas Transactions Beat Summer 2017 By Factor Of 2.6
September 04, 2018  |  Mobile Payments

Alipay has revealed that it had a pretty good summer, with consumer spending surging over the last two months. “China is just back from a...

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Core eCommerce Strong, Alibaba Mobile Users Up 20 Pct YoY
Core eCommerce Strong, Alibaba Mobile Users Up 20 Pct YoY
August 23, 2018  |  Earnings

A sigh of relief or a shrug of the shoulders? Alibaba managed to post revenues that topped expectations for the period that ended June 30, perhaps...

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For Ant Financial, IPO Was Here, Expected And Then Gone
For Ant Financial, IPO Was Here, Expected And Then Gone
August 21, 2018  |  IPO

In this case, perhaps IPO could stand for: “It’s Possible, Only…not now.” News came at the beginning of this week that the hotly anticipated listing of Ant...

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Ant’s IPO Is Delayed (Again)
Ant’s IPO Is Delayed (Again)
August 21, 2018  |  IPO

Ant Financial’s highly-anticipated IPO has been delayed once again, with one source saying the public offering could be “years” away. Just a few months ago,...

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China’s Central Bank Fines Alipay
China’s Central Bank Fines Alipay
August 07, 2018  |  International

Alipay, a payment affiliate of Alibaba, has been hit with a $601,846 fine by the Shanghai head office for the People’s Bank of China. According...

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The Stand-Offs Edition: Kroger Vs. Visa; Apple Vs. Huawei; Ant Financial Vs. Banking
The Stand-Offs Edition: Kroger Vs. Visa; Apple Vs. Huawei; Ant Financial Vs. Banking
August 06, 2018  |  Data Dive

While generally aiming to be friction-free, a bit of striking out, a touch of competition and, perhaps, a slightly looming threat of disruption can have...

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Didi Chuxing And Alibaba’s Ant Financial Offer $2B for Bike-Sharing Startup Ofo
Didi Chuxing And Alibaba’s Ant Financial Offer $2B for Bike-Sharing Startup Ofo
August 03, 2018  |  Partnerships / Acquisitions

Didi Chuxing and Alibaba’s Ant Financial are negotiating a deal for a joint buyout of bike-sharing startup Ofo for $2 billion, according to a new report that cited a...

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Alibaba Backs Chinese Face ID Firm Megvii
Alibaba Backs Chinese Face ID Firm Megvii
July 24, 2018  |  Investments

Megvii Inc., the developer of facial recognition system Face++, is reportedly raising at least $600 million from investors including Alibaba and Boyu Capital. According to...

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