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Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

Nice Tuan merged with another group-buying platform called Niwonin late last year.

Amid capital winter in China, community group-buying platform Nice Tuan scores USD 88.3 million investment joined by Alibaba | KrASIA

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Amid capital winter in China, community group-buying platform Nice Tuan scores USD 88.3 million investment joined by Alibaba

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

https://secure.gravatar.com/avatar/b1f58c52050738746ae9a2be6555a9ab?s=96&d=mm&r=g

Song Jingli

Ant Financial Services Group, formerly known as Alipay, is an affiliate company of the Chinese Alibaba Group. Ant Financial is the highest valued fintech company in the world, and the world's most valuable unicorn company, with a valuation of US$150 billion. 

Ant Group

Its initial public offering price is set between USD14.50 and USD16.50.

Ant Financial-backed Danke Apartment plans to raise USD 201 million via US IPO | KrASIA

Ant Financial-backed Danke Apartment plans to raise USD 201 million via US IPO

Xiaomi Corporation is a Chinese electronics company headquartered in Beijing. Xiaomi makes and invests in smartphones, mobile apps, laptops, and related consumer electronics.

Xiaomi

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

Xiaomi follows other Chinese major tech companies such as Ant Financial, ByteDance, and Razer.

China's Xiaomi joins race for Singapore digital banking license | KrASIA

China&#8217;s Xiaomi joins race for Singapore digital banking license

The strategic cooperation will allow Baidu to apply its artificial intelligence technologies in China's financial sector on a large scale.

To apply its AI capacities in banks, Baidu buys 5.71% stake in Yusys Technologies for USD 86.3 million | KrASIA

To apply its AI capacities in banks, Baidu buys 5.71% stake in Yusys Technologies for USD 86.3 million

Alibaba aggressively promotes discount program to fend off Pinduoduo | KrASIA

Alibaba aggressively promotes discount program to fend off Pinduoduo

Taoxiaopu lets anyone become a stockless online merchant.

Alibaba wants its 693 million users to become dropshippers | KrASIA

Alibaba wants its 693 million users to become dropshippers

The move is in line with the firm's commitment to promoting financial inclusion globally, says Ant Financial.

Ant Financial applies for wholesale digital banking license in Singapore | KrASIA

Ant Financial applies for wholesale digital banking license in Singapore

65% of Perfect Diary's new consumers will come from brick-and-mortar stores.