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 l...
5/4/20183 min read
Tag: #Ant Financial
Showing 12 of 61 posts with this tag
Chinese Capital Mergers with US Companies Fall 80%, Ant Financial Halts MoneyGram Acquisition
MoneyGram International and Ant Financial announced they had formally terminated their planned merger on January 3. Ant Financial will pay MoneyGram $30 million...
Baidu Takeout will be Sold
After months of seesaw battle, the fate of Baidu Takeout may soon be decided, mostly likely to be taken over by ele.me. Currently, ele.me official responds tha...
China VC Weekly: Airwallex Scores Big Despite COVID-19
Global financial markets are struggling, having been crippled by the COVID-19 epidemic and the amount of VC deals has noticeably decreased.
4/19/20203 min read
JD.com Officially Enters the Real Estate E-Commerce Business
On September 18, Zeng Fuhu, former VP of Sohu net and GM of Sohu Focus, confirmed to All Whether TMT that he officially joined JD.com at the end of July and ser...
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...
Can Jack Ma win the looming war between Alibaba and Amazon?
Can battle-tested and awe-inspiring Amazon and Jeff Bezos beat Alibaba and Jack Ma? A “historical” turning point is seemingly at hand: Alibaba could soon top A...
China’s Fintech Giant Ant Group Wins Approval From Top Securities Regulator for HK IPO
Chinese fintech giant Ant Group has won approval from China’s securities regulator for its initial public offering in Hong Kong.
Alipay Unveils RMB 1 Billion Initiative to Support Women’s Football in China
On July 5, Alipay announced an initiative to support the long-term development of women’s football in China, planning to allocate RMB 1 billion over the next decade.
7/5/20192 min read
Southeast Asia becomes Alibaba and Tencent's new battle field
Two global technological forces are disrupting the peaceful ecological environment in Southeast Asia. They're not Silicon Valley technological companies like Go...
Ant Financial to Work with United Nations in Tackling Global Poverty
On April 18th, The International Fund for Agricultural Development (IFAD) and Ant Financial Services Group signed a Joint Declaration of Intent to explore ways ...
4/19/20182 min read
Pinduoduo Founder Debuts in Hurun China Rich List 2018
With a fortune of 95 billion RMB ($14 billion), 38-year-old Colin Huang, founder of the e-commerce giant Pinduoduo, ranked 13th on the Hurun China List 2018 rel...