Digital financial services to generate $38b in southeast Asia, study finds
Digital financial services from lending to asset management are expected to generate at least $38 billion of annual revenue across ...
Tag: Alibaba Group
3 Notable Fintech Funding Rounds in November
Venture-backed fintech funding saw a dip in value and deals globally in the third quarter, compared with the record high ...
Alipay’s Annual Active Users Soar 40% YOY
Alipay has over 700 million annual active users as of August 2018, according to an investor day presentation from parent ...
Alibaba to Buy 33% Equity Stake in Fintech Affiliate Ant Financial
The Alibaba Group will take a 33% equity stake in Ant Financial, it’s affiliate fintech company that operates popular mobile ...
Alibaba Group May Be Listed on Hong Kong Stock Exchange, Jack Ma Says
Jack Ma, founder of e-commerce company Alibaba Group is seriously considering listing the company on Hong Kong’s exchange, he said. ...
Watch How Fast Alibaba’s Singles Day is Growing
China’s Alibaba Group experienced its best Singles Day shopping event to date last week. The event, which is annually held ...
Fintechs Are No Threat to Banks — But Amazon and Alibaba Are
The biggest threat for the banking sector is not fintechs. No, according to a recent report by McKinsey, that would ...
Ant Financial teams up with CK Huntchinson in AliPayHK Joint Venture
Chinese payment mogul Ant Financial has joined hands with Hong Kong's CK Hutchinson to create a joint venture to operate ...
AliPay Expands to Four Million U.S. Merchants
Alipay is now available at the POS at millions more U.S. businesses. Chinese mobile payments behemoth Alipay continues targeting North ...
Will the Sale of JD Finance Be Enough to Match Alibaba?
Chinese e-commerce company JD.com just made the next move in its on-going match with the Alibaba Group. After reporting promising ...
