Ant Financial Archives

Alipay’s Ant Forest Responds to Online Query Regarding Planted Trees: Haloxylon Species is Only Short Due to Aridity

Ant Forest, a green and low-carbon afforestation program launched by China's top e-payment app Alipay in 2016, has become popular all over the country.

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.

Management Rights Change in Ant Group’s Employee Stock Ownership Platform, Jack Ma Remains Actual Controller

Jack Ma evenly transferred his 66% equity of Hangzhou Yunbo Investment Consulting, now his total equity reduced to 34% while the other three holders now each holds 22%.

Ant Group Spins Off Database Service OceanBase as Independent Company

Ant Group announced to spin off a self-developed database service OceanBase, aspiring to serve more of its partners.

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.

Tencent Ramps up Investment in Philippine Fintech Startup Voyager Innovation

China's Tencent and several other investors committed an additional investment of $120 million to the digital financial services company Voyager Innovations.

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.

Alipay Launches International Version to Ease Access for Foreign Users

Ant Financial has announced that their market leading payment platform is now available for all foreign users to pay in China.

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.

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.

GCash to Launch Campaign to Reforest the Philippines

Inspired by China's Alipay Ant Forest initiative for a greener planet, the Philippines leading mobile wallet, GCash, is introducing a new green feature on the app called GCash Forest.

Alipay Uses Technology to Create Social Impact

Alipay released its second sustainability report on May 20 in Beijing. The report is titled “Moving towards a better society for the future”, and lists the company's initiatives and achievements from 2017 and 2018 that had positive social impacts.

Alipay Expanded Cover Range in Japan

Alipay, a payment and lifestyle platform by Ant Financial, has connected more than 300,000 Japanese merchants as of early 2019, a 500 percent increase compared with last year.

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