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Deals | Alibaba Buying 33 Percent in Ant Financial, Portending An Initial Public Offering

Ant Financial has expanded its footprints outside of China, through offering services or investing in local players, in countries like India, South Korea, Singapore, Thailand, Malaysia, the US, Japan,

1 min read
  • As Chinese users are used to subsidies, free trials, and coupons, having Alibaba, or its adequate capital behind its back, Hellobike is likely to take on the already fierce fight with top players in t

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    Deals | Alibaba-backed HelloBike to Complete $1B New Financing, Fueling Rivalry with Mobike & Ofo

    2 mins read

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