Search Results for “ant financial”

Alibaba and Ant Financial Offload Stakes in India’s Paytm Mall

Alibaba Group and Ant Financial have exited from investments in Paytm E-commerce Private Limited, the parent entity of Indian e-commerce marketplace Paytm Mall.

Ant Financial Launches Major Fintech Conference in Shanghai

Ant Financial announced the launch of the INCLUSION Fintech Conference, an event that aims to bring together the global financial and technology community.

A+H Dual Listing Plan？Ant Financial: No Plan or Timetable

Ant Financial has responded to rumors of dual listing IPO of both A-shares and H-shares, saying there is no plan or timetable for an IPO.

Ant Financial Invests in Vietnam’s eMonkey

Alibaba’s financial services spin-off, Ant Financial, is said to have acquired a sizable stake in Vietnamese e-wallet eMonkey, according to Reuters.

Ant Financial to Raise $1 Billion to Invest in Indian and SE Asian Startups

Alibaba Group’s financial services affiliate Ant Financial is preparing to raise $1 billion for a fund that will invest in fintech startups in Southeast Asia and India.

Indian Digital Payment Provider Paytm Nears $2 Billion From Backers Including Ant Financial

Paytm is close to scoring $2 billion of new financing from investors including Alibaba’s Ant Financial and SoftBank Group Corp., Bloomberg reported citing a person familiar with the matter.

Ant Financial in Talks to Lead $600 Million Investment in Indian Delivery App Zomato

Ant Financial, the Chinese payments giant, is in talks to lead a $600 million funding round in India’s leading food delivery app Zomato, people familiar with the matter told the Economic Times.

Ant Financial Stars at Alibaba Investor Day 2019

At Alibaba’s 2019 Investor Day held on September 24, Eric Jing, Ant Financial’s Chairman and CEO, delivered a speech highlighting the company’s recent progress.

Tencent Incubates New Financial Product Fenfu to Take on Ant Financial’s Huabei

Chinese tech giant Tencent is incubating a financial credit product named Fenfu, which functions similarly to a credit card, and is expected to become available through the company’s instant messaging app WeChat.

Ant Financial Invests $210 million in Indian Delivery Unicorn Zomato

On Oct. 15, it was reported that Ant Financial, the financial arm of Alibaba Group made a $210 million of strategic investment in the Indian delivery startup Zomato.

Ant Financial CEO Presents Company’s New Development Strategy

On Sept. 17, Ant Financial announced the company’s technological capabilities, growth strategy, and planned partnerships with financial institutions in hopes of creating long-lasting customer values, enhancing user experience, and establishing a strong growth momentum.

Ep. 11: After Alibaba, Team Jack Ma’s Newest Centacorn: Ant Financial

What do you call a unicorn worth more than $100 billion? A centacorn, of course! This week on TechBuzz China by Pandaily, co-hosts Ying-Ying Lu and Rui Ma discuss a newly minted centacorn – Ant Financial.

Ant Financial Launched World’s First Blockchain Cross-Border Remittance Service

Alibaba has co-launched the world’s first blockchain cross-border remittance service on June 25.

$14 Billion Series C Round for Alibaba-Affiliate Ant Financial

Ant Financial Services Group announced today that they have raised approximately $14 billion in the Series C equity financing round, including a RMB tranche raised from Chinese investors by Ant Financial and a USD tranche from international investors by Ant International.

Two New Money Market Funds Join Ant Financial’s Yu’e Bao Platform

On May 3rd, Alipay announced the addition of two new money market funds to Yu’e Bao, the idle funds management platform within the Alipay app with the world’s largest money market fund.