NewsDeals | Ant Financial Invests in China’s Third-Largest Hellobike’s $700 Million RoundExisting investors include WM Motors, Fosun, and GGV Capital. 1 min read
Plus, Walmart may buy a majority stake in Flipkart by the end of June. SGX would list Indian equity derivative products in June. NewsKrASIA Daily: Warburg Pincus in Talks to Invest in Ant Financial’s $8 Billion Round4 mins read
Singapore’s Temasek Holdings is reportedly seeking to lead the round. NewsDeals | What is Beyond a Unicorn? Ant Financial1 min read
Plus, Ola in talks to buy Freshmenu. Grab Philippines will keep running the Uber app until April 15. NewsKrASIA Daily: Alibaba just Gave Birth to the World’s Biggest Unicorn5 mins read
Alibaba has invested a total $4 billion in Lazada. NewsManagement Reshuffle at Ant Financial: Eric Jing Takes Office as Executive Chairman, While Lucy Peng Doubles Down on Lazada Business2 mins read
The fourth quarter, thanks to Alibaba’s Singles’ Day sale, is usually a strong quarter for Alibaba and its financial affiliate Ant Financial. NewsChinese Mobile Payment Sector Keeps Growing Momentum2 mins read
As more Chinese student come to Canada, so did WeChat and AliPay InsightsWeChat and AliPay Expanding their Businesses into Canadian Universities4 mins read
Alibaba and Ant Financial jointly announced earlier this month that the Chinese e-commerce conglomerate would purchase a 33 percent stake in the latter. NewsDeals | Alibaba’s Ant Financial Reportedly Raising $5b at $100b Valuation1 min read
In Singapore, Malaysia, Indonesia, the Philippines and Thailand, Ant Financial has partnered with local payers in digital payment. NewsOne Step Further to Jack Ma’s Global E-Payment Empire, Alipay to Be Available in Australian Cabs2 mins read
