On Wednesday, Tianyancha revealed that a wholly-owned subsidiary by Ant Group was formerly established. The new subsidiary has been named Ant Suosuoshu (Hangzhou) Information Technology Co., Ltd.
According to an announcement released Thursday by automaker BYD, the company and its holding subsidiary BYD Precision Manufacturing plan to increase capital contributions to BYD Auto Finance.
Ant Group-backed e-payment solution MYbank recently announced that it would gradually stop asset transfers from Alipay to MYbank due to regulatory changes.
Three Chinese state associations issued a joint initiative on Wednesday for curbing the financialization and securitization of NFTs, and for preventing the risk of illegal financial activities.
Ant Group has announced the appointment of Jia Hang as its General Manager for Southeast Asia. The Group said this newly-established position will help strengthen its talent and capacity building in the region.
XTransfer, a Shanghai-based fintech startup established in 2017 by former Ant Group employees, is seeking to streamline Chinese cross-border e-commerce.
The pilot digital yuan project has covered more than 400,000 scenarios at the Olympics, with a transaction amount of 9.6 billion yuan ($1.509 billion).
डिजिटल आरएमबी पायलट परियोजना ने ओलंपिक खेलों के 400,000 से अधिक परिदृश्यों को कवर किया है, जिसमें 9.6 बिलियन युआन (यूएस $1.509 बिलियन) का लेनदेन मूल्य है।
Ang proyekto ng pilot ng digital RMB ay sumasaklaw sa higit sa 400,000 mga eksena sa Mga Larong Olimpiko, na may dami ng transaksyon na 9.6 bilyong yuan ($1.509 bilyon).
