Tag "Ant Financial"
Ant Financial Worth US$75B, Considers IPO in HK Next Year, All Facts you Have to Know about Alipay
Ant Financial, Alipay’s parent company and Alibaba’s financial-services affiliate, is said to be worth US$75 billion, according to Elinor Leung, the head of telecom and Internet research at CLSA in Hong Kong. According to a Bloomberg report, Leung estimates that
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27 Most Valued World Fintech Unicorns, 8 From China
Business Insider Singapore, CBInsights, Funderbeam, and Crunchbase together have created the world’s fintech unicorns – fintech start-ups valued at over $1 billion. Fintech Unicorns Worth $1 billion 27. Rong360, Chinese Financial Comparison Site Value: $1 billion | Raised: $258 million Founded: 2011 | |
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Alibaba’s Ant Financial Announces VR-Based Payments Service
Ant Financial Services Group, Alibaba’s financial service affiliate that runs Alipay, has unveiled a new virtual reality (VR)-based payments service which the group plans to launch in September, according to a report by Yicai Global. In March, Alibaba established its
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China, A Frontrunner In The Fintech Race
China’s open and supportive regulatory environment, highly developed Internet and e-commerce sector, and growing demand for alternative finance solutions, have allowed the country’s fintech industry to flourish in the last few years. Today, China stands as a frontrunner in Internet finance. By the
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Scott Bales: “Banks, You Should Be Scared.” Thoughts about Alibaba Pay and Asia….
In recent weeks we’ve seen two mega deals that everyone should be paying attention to. The scale of these deals puts the strategic ace card of most multi-national corporate at threat. I’m talking about the one billion dollar acquisition of
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