Ant Group’s international arm is reportedly considering a $1 billion fundraise to speed growth. That’s according to a report Wednesday (June 10) from Bloomberg News, citing sources familiar with the matter who say the FinTech has been gauging interest from investors in a round that...
China’s Alipay has launched what it calls “the world’s first AI Wallet and Token Pay to power agentic economy.” The company announced this offering Tuesday (May 26) as part of a new artificial intelligence (AI) payments infrastructure for companies ranging from AI firms to traditional retailers. “While...
Ant Group has introduced a platform designed to let artificial intelligence agents serve as the main players in cryptocurrency transactions. As Coindesk reported Sunday (April 5), Anvita was unveiled at the Chinese conglomerate’s Real Up summit in Cannes, and represents its investment in an “agent-to-agent”...
Ant Group plans to offer artificial intelligence-powered health services to most of China’s 1.4 billion people within three years, Bloomberg reported Tuesday (Feb. 10). The company, whose operations include digital payments platform Alipay as well as lending, wealth management and insurance technology, sees AI-powered healthcare...
January 06, 2021
Call it the latest salvo amid tensions between China and the United States that may heat up. With the consumer in focus. To that end, outgoing President Donald J. Trump signed an executive order that bans transactions with eight Chinese apps, among them Ant Group’s Alipay, Tencent’s QQ Wallet, Tencent QQ and WeChat Pay. Among […]
November 20, 2020
What’s next for Ant Group – and by extension, Jack Ma? In China, the battle of the regulators versus FinTech behemoth has seemingly been joined. To that end, Howard Yu,...
November 03, 2020
For Ant Group, for Alibaba, and for the biggest IPO ever, it’s a case of hurry up and wait. As noted by CNBC on Tuesday (Nov. 3), stock exchanges in Shanghai and...
June 15, 2026
Ant Group reportedly wants to give its Alipay super app an agentic AI makeover. That’s according to a report Monday (June 15) from Bloomberg News, which characterizes the move as escalating Alipay’s contest with rival WeChat. The report, citing sources familiar with the company’s plans and a video demo viewed by Bloomberg, said the new […]
June 10, 2026
Ant Group’s international arm is reportedly considering a $1 billion fundraise to speed growth. That’s according to a report Wednesday (June 10) from Bloomberg News, citing sources familiar with the...
May 26, 2026
China’s Alipay has launched what it calls “the world’s first AI Wallet and Token Pay to power agentic economy.” The company announced this offering Tuesday (May 26) as part of a new...
April 05, 2026
Ant Group has introduced a platform designed to let artificial intelligence agents serve as the main players in cryptocurrency transactions. As Coindesk reported Sunday (April 5), Anvita was unveiled at...