Alibaba’s Ant Financial is reportedly raising billions more at a valuation of at least...

Ant Financial, the Alibaba affiliate that looks after the firm’s hugely popular Alipay service, is reportedly gearing up for an enormous funding round that could take its valuation to...

Alibaba’s Ant Financial partners with Hutchison to develop its Alipay service in Hong Kong

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...

Alipay partners with Yelp to continue its pursuit of Chinese tourist money

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...

Alibaba and Tencent are carving up Southeast Asia’s startup ecosystem

Two global tech forces are putting their mark — and money — into...

Chinese bike-sharing startup Ofo raises $700M led by Alibaba

Ofo, one of China’s two billion-dollar-valued bike-sharing companies, has announced that it raised a $700 million Series E funding round which is led by e-commerce...

Alibaba is in talks to invest in Uber’s Southeast Asia rival Grab

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...

Alibaba’s Ant Financial invests in Chinese bike-sharing startup unicorn Ofo

Ofo, the Chinese bike-sharing startup that recently claimed unicorn status, announced this weekend that it has added Ant Financial as an investor. In a statement...

Alibaba’s Ant Financial may have won the bidding war for MoneyGram after upping its...

Ant Financial, the Alibaba affiliate company focused on financial services, appears to have finally won its battle with Euronet to acquire MoneyGram, the U.S.-based cross-border payments...

Alibaba’s Ant Financial to develop services in Indonesia as global expansion continues

Ant Financial, the fintech company affiliated with Chinese e-commerce giant Alibaba, is continuing its global expansion. The firm has taken its first official step into Indonesia today after...

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