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Ant Financial

News

Razer and Ant Financial apply for Singapore online bank licence

January 3, 2020 News Centre 0

Gaming firm Razer and China’s Ant Financial hae applied for online bank licences in Singapore, joining the race to shake up the city state’s financial sector. Read more…

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News

Jack Ma to retire from Alibaba one year from today

September 10, 2018 News Centre 0

BEIJING (Reuters) – Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group, will step down as chairman in exactly one year on Sept. 10, 2019, the company said. Current Alibaba chief executive Read more…

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Off the Wire

Telenor partners with Ant to expand financial services in Pakistan

March 15, 2018 News Centre 0

Telenor Group announced it has reached a strategic partnership agreement with Ant Financial Services Group in Pakistan, under which Ant Financial will invest $184.5 million for a 45% stake in Telenor Microfinance Bank (TMB) to Read more…

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News

US govt torpedoes Ant Financial’s MoneyGram buyout

January 4, 2018 News Centre 0

(Reuters) – Ant Financial’s plan to acquire US money transfer company MoneyGram International collapsed on Tuesday after a US government panel rejected it over national security concerns, the most high-profile Chinese deal to be torpedoed Read more…

CIMB
News

CIMB subsidiary links up with Alipay in financial services JV

July 25, 2017 News Centre 0

KUALA LUMPUR (Reuters) – CIMB Group Holdings, Malaysia’s second-biggest bank, on Monday said its subsidiary will form an equity joint venture with Ant Financial Services Group, the parent of Alipay, to provide mobile wallet and Read more…

ant financial
News

Rumor: Ant Financial to secure $3.5b loan to fund MoneyGram buyout

May 5, 2017 News Centre 0

HONG KONG (Reuters) – China’s Ant Financial, an affiliate of online shopping giant Alibaba Group, is close to signing a $3.5 billion loan, a part of which will help fund its purchase of US money Read more…

Ant Financial
News

China’s Ant Financial forms JV to offer payment services in Indonesia

April 13, 2017 News Centre 0

BEIJING (Reuters) – Ant Financial, the finance affiliate of Alibaba Group Holding , and Indonesian media company Elang Mahkota Teknologi (Emtek) are to form a joint venture to offer payment and financial services in Indonesia. Read more…

Ant Financial
News

China’s Ant Financial tries to soothe security concerns over MoneyGram takeover

April 7, 2017 News Centre 0

BEIJING (Reuters) – China’s Ant Financial tried to soothe security concerns about its proposed $880 million takeover MoneyGram International Inc on Thursday, saying it intends to store U.S. user data locally once the deal closes. Read more…

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Popular Posts
  • Carrier-class servers are crucial for digital transformation
    Carrier-class servers are crucial for digital transformation
  • Telstra plans to close down 3G in 2024 to free up 5G spectrum
    Telstra plans to close down 3G in 2024 to free up 5G spectrum
  • ZTE unveils more efficient, eco-friendly  products at MWC
    ZTE unveils more efficient, eco-friendly products at MWC
  • Jio gets aggressive in fixed broadband arena with new plan
    Jio gets aggressive in fixed broadband arena with new plan
Recent Comments
  • Andrew Doyle on Generative AI is a bubble – we know what happens next
  • Elizabeth Johnson on If PayPal and Facebook allow fraud to occur are they party to that fraud?
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