Ant Financial Archives - Page 2 of 4

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.

Chinese Tourists Bring Alipay Overseas

When shopping in China there's no need to bring your wallet, most people use their phones to pay, regardless of if you are buying a piece of gum or a new car.

Alipay Advocates Technology in Start-ups for Social Issues in Malaysia

Alipay shared its experience of how technology can solve real world problems with start-up entrepreneurs in Asia via a joint initiative with the National University of Singapore (NUS).

Ep. 29: Alibaba Singles’ Day $30.8Bn Extravaganza – The Real Deal or Not?

In Episode 29 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about China’s version of “Black Friday,” the biggest ecommerce shopping festival of the year which Alibaba invented out of thin air in 2008 and now falls yearly on November 11.

Alipay Launches Social Innovation Challenge with NUS Enterprise

On Nov. 16, Alipay, the mobile and online payment platform Ant Financial, teamed up with NUS Enterprise, the entrepreneurial arm of the National University of Singapore, to launch a new initiative aimed to support digital technology innovation throughout Southeast Asia.

Alipay and UEFA Strike Partnerships in National Team Football Competitions

Union of European Football Association (UEFA) and Alipay announced in Shanghai their global partnerships on Nov. 9, for all UEFA national team football competitions from 2018 to 2026, including UEFA Euro 2020 and Euro 2024.

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.

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 released on Oct. 10.

China Tech’s Leading Investment Bank, China Renaissance, Goes Public in Hong Kong

China Renaissance Holdings Ltd. officially listed on the Main Board of the Hong Kong Stock Exchange at 9:30 a.m. on Sept. 27, under the ticker 1911.HK. This marks the emergence of world-class Chinese investment banks, as reported by Chinese media.

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.

Alibaba CEO Jack Ma Names Daniel Zhang as His Successor

Alibaba Group, the largest e-commerce platform in China, has announced on Sept. 10 that chief executive officer Daniel Zhang will succeed Jack Ma as chairman of the board, effective one year from now.

Alipay Seeks Japanese Partners to Bring Cashless Experience During Tokyo Olympics 2020

On Sept. 5, world-leading mobile and online payment platform Alipay announced the intention to collaborate with a wider range of local Japanese partners to build a cashless environment for tourists going to Japan.

Malaysian Prime Minister Kicked off China Tour with a Visit to Alibaba

Malaysian Prime Minister Mahathir Mohamad started his closely watched China tour on August 17th and visited Alibaba the next day on his first official trip to China.

Alipay Launches World’s First Paperless Tax Refund Service in South Korea

Alipay, a third-party mobile and online payment platform, announced on August 20 that it has partnered with Global Tax Free (GTF), a tax refund agency, to launch the world’s first paperless mobile tax refund function in South Korea.

China’s Blockchain Ecosystem is Taking Shape According to MIIT

The blockchain ecosystem in China is taking shape, with great increases in the number of enterprises and diversified applications according to China’s Ministry of Industry and Information Technology (MIIT).

2018 Fin-Tech Fundraising Round-up: Chinese Companies Raised 83% of the Capital

In the first half of 2018, China’s fin-tech enterprises raised around 230 billion yuan ($35 billion), over 80 percent of the global total, and three giants took more than half of the amount fundraised in China.

JD Finance Raises RMB 13 Billion in Series B at a Valuation of RMB 133 Billion

JD Finance announced on July 12 the details of their upcoming Series B fundraising round. The financial spin-off of the e-commerce platform JD.com Inc. will raise 13 billion yuan ($1.95 billion) at a post-money valuation of 133 billion yuan by the end of this quarter.

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