2018 is the year that smartphone usage eclipses time spent watching TV in China, and it’s all down to the growth of digital video platforms, according to a new report from eMarketer. You’
Grab is best known for rivaling Uber in Southeast Asia, but today the company took a major step into becoming a fintech player, too. That’s because the ride-sharing firm, which recently raised $
Ant Financial, the Alibaba affiliate that operates payment service Alipay and other digital finance products, has continued its Asia expansion with a move into Hong Kong. Alipay and Alibaba’s My
Ant Financial, the Alibaba affiliated valued at $60 billion, is continuing to follow Chinese tourists and their wallets overseas after it inked a deal with Yelp in the U.S.. The partnership allows Al
Payment enabler Stripe just announced two significant tie-ins that could help its pool of merchants make money from consumers in China. U.S. firm Stripe said today that it has agreed to global deals w
Alibaba could substantially increase its business interests in Southeast Asia with an investment in Uber rival Grab. Bloomberg reports that Alibaba President Jack Ma is considering joining an upcoming
China’s dominant mobile payment service is making its move in the U.S.. Ant Financial, the Alibaba spin-off that operates Alipay, has inked a deal with payment processor firm First Data that wi
Alibaba affiliate Ant Financial is making yet another M&A deal. The firm is investing $200 million into a fintech project belonging to Kakao, the $5 billion firm that runs Korea’s dominant
Alibaba affiliate Ant Financial has again extended its global reach after it completed its maiden investment in the Philippines.
A confluence of factors puts China at the financial technology (“fintech”) forefront: economic advancement, investor behavior, mobile technology, big data, financial industry liberalization, and r
How do you compete with China's homegrown social payments giants? Veteran entrepreneur Jeremy Allaire, co-founder of US based social payments app Circle, reckons you don't; not like for like in the do
Samsung announced today that it has cemented a deal that will make Alipay, China’s largest online payments platform, available through Samsung Pay.
Uber today expanded its partnership with Alipay, a Chinese payment app owned by Alibaba that boasts 450 million active users. The partnership will allow Chinese travelers to pay their Uber fares using
It may have started as a Bitcoin wallet but veteran entrepreneur Jeremy Allaire's fintech startup Circle has since shifted focus to social payments, launching an app in Q4 last year that lets users se
Ant Financial, the Alibaba affiliate that manages hugely popular payments service Alipay, is raising a new round of financing that could value the company as high as $60 billion ahead of a much-specul
Uber is hoping to squeeze more money from users in China after it announced a tie-in with Alibaba's Alipay that will enable Uber China customers to pay their bill using the payments service when they
Alibaba Group affiliate Ant Financial Services has unveiled a new credit-scoring system that uses data from the e-commerce giant’s sites to gauge users’ creditworthiness. Dubbed Sesame Credit, the
China is in the midst of a mobile commerce boom, according to a new report from Alipay, the Alibaba-affiliated payments service in China that handles more than 80 million transactions per day.
Earlier today, Ant Financial, the Alibaba Group affiliate that operates Alipay, China’s largest online payment platform, said that it had taken a minority stake in mobile security technology startup
V-Key, a security software maker for mobile apps, has raised $12 million from Alibaba Group affiliate Ant Financial Services and IPV Capital, a venture capital firm based in China. The Series B round