Grab, the ride-hailing startup, is in discussions with Ant Financial, the payment affiliate of Alibaba and PayPal, about spinning out Grab Financial Group. According to...
To help head up joint business initiatives and work toward the alignment of their long-term interests, Alibaba Group Holding Ltd. and Ant Financial reportedly plan to form...
Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. In a press release,...
Ant Financial has led a $500 million investment in startup Danke Apartments, a Beijing-based co-living group. According to Financial Times, Ant Financial joins existing investor...
As Hong Kong gears up to roll out digital banking licenses, a few of the largest banks in the world are set to compete with...
Mobile payment company Alipay is going to start charging a fee of 0.1 percent to customers who use the service to decrease their credit card debt,...
Hello TransTech, the Chinese ride-hailing startup formerly known as Hellobike, is launching a carpooling service this week, on the heels of a test that ran...
Ant Financial, the Chinese financial services affiliate of Alibaba, has inked a deal to acquire WorldFirst, the U.K. payments company. According to a report in Bloomberg,...
Alipay’s mobile payment platform will now be available at thousands of Walgreens locations throughout the U.S. “Walgreens is focused on making shopping more convenient for...