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Ant Group to Acquire Majority Ownership of Payments Platform 2C2P

The companies made the announcement on Monday.
Over the years, Ant Group has expanded its presence in Southeast Asia.

Tuesday, 19/04/2022 | 01:17 GMT by Felipe Erazo

Thought Leaders

Alibaba: Sad Story of Chinese Giant

The main reason for this failure is the pressure from the Chinese government.

Wednesday, 08/12/2021 | 16:12 GMT by FBS

Alibaba to Stop Selling Crypto Mining Machines amid China’s Crackdown

The measure will take effect starting October 8, 2021, which covers tutorials and software related to cryptos.

Tuesday, 28/09/2021 | 17:32 GMT by Felipe Erazo

Alibaba’s Online Bank Unveils Five-Year Plan to Acquire More SME Customers

The plan details MYbank’s aspirations to work with partners across multiple sectors to better serve SMEs across China.

Wednesday, 01/07/2020 | 08:09 GMT by Finance Magnates Staff

Xiaomi, Alibaba Group May Join HK's Hang Seng Index Following Rule Change

Companies with WVR structures and secondary listings are now allowed, paving the way for a number of tech giants.

Monday, 01/06/2020 | 08:13 GMT by Rachel McIntosh

Executive Moves

Ant Financial Names Simon Hu as its CEO

Hu has been part of the Alibaba Group since 2005.

Thursday, 19/12/2019 | 09:11 GMT by Celeste Skinner

Alibaba Partners with Lolli to Offer Bitcoin Rewards to US Buyers

The partnership was launched on Singles Day to on-board the frenzied buyers.

Tuesday, 12/11/2019 | 06:23 GMT by Arnab Shome

Equiti Goes to Saudi, Alibaba to Use Crypto: Editor's Pick

We take a look back at the most riveting and interesting stories from last week.

Sunday, 01/09/2019 | 10:46 GMT by David Kimberley

Ant Financial Bids to Acquire UK Fintech WorldFirst

WorldFirst was the first foreign company got a licence to operate in the China’s booming payment services industry.

Monday, 24/12/2018 | 20:29 GMT by Aziz Abdel-Qader

Thought Leaders

Is Chinese Alibaba Group Going to Acquire Alibabacoin (ABBC)?

Alibaba Group stated that they are excited to acquire the Dubai-based startup.

Friday, 19/10/2018 | 03:00 GMT by Sponsored

Chinese City of Nanjing Creates $1.5 Billion Blockchain Fund

Blockchain technology is receiving state investment all over China.

Monday, 23/07/2018 | 08:17 GMT by Simon Golstein

Monster Inc. to Launch ICO to Recoup Losses

The manufacturer of expensive music cables lost $19.6 million in the first quarter of 2018.

Thursday, 31/05/2018 | 12:24 GMT by Simon Golstein

US Judge Rules that 'Alibabacoin' Is Not Copyright Infringement of 'Alibaba'

Lawyers for the Dubai-based company pointed out the origin of the name.

Tuesday, 01/05/2018 | 08:58 GMT by Simon Golstein

Alibaba Subsidiary ‘Taobao’ Bans Sale of ICO-Related Services

Taobao's new rules come as the PBOC reaffirms its restrictive policy towards crypto.

Thursday, 12/04/2018 | 06:54 GMT by Rachel McIntosh

Alibaba Cloud Partners with Blockchain-Powered Internet of Things Startup

The cloud business is Alibaba's fastest-growing unit, but still trails Microsoft and Amazon globally.

Tuesday, 06/03/2018 | 19:21 GMT by Aziz Abdel-Qader

Alibaba Acquires One-Third Stake in Ant Financial, Ends Profit Sharing Arrangement

Ant Financial currently provides its financial services to over 450 million ‎users in China and ‎beyond. ‎

Monday, 05/02/2018 | 21:25 GMT by Aziz Abdel-Qader

Alibaba Starts Mining, IronFX Changes Name: Best of the Week

Catch up on last week's top stories.

Sunday, 21/01/2018 | 10:29 GMT by Simon Golstein

Alibaba Launches Crypto Mining Business in China

The timing of this launch is very interesting, coming as the Chinese authorities are set to curb the crypto mining business.

Tuesday, 16/01/2018 | 14:27 GMT by Arnab Shome

China's Ant Financial Snaps Up MoneyGram for $880 Million

The payments arm of Alibaba has acquired the US-based money transfer service to step up its expansion plans.

Friday, 27/01/2017 | 09:54 GMT by Finance Magnates Staff

Global Trade, Economic Growth, E-Commerce and NTMs

The Chinese idea that borrowers are not entitled to privacy is in conflict with European concepts of private information.

Monday, 05/12/2016 | 18:30 GMT by William Laraque

In Global Trade, Service Providers Have a Choice: Collaborate or Die

Banks ignore e-commerce providers and opportunities for collaboration at their peril.

Monday, 21/11/2016 | 20:14 GMT by William Laraque

Toward a Viable and Vigorous US Global Economic Policy

It is incontrovertible that the global economy is undergoing almost unprecedented disruption both in extent and in pace.

Thursday, 17/11/2016 | 20:00 GMT by William Laraque

Global Trade, the Clash of Goliaths...and David

Selling across borders on a secure global trade platform can democratize trade.

Wednesday, 16/11/2016 | 09:56 GMT by William Laraque

V-Key Partners with Ant Financial to Secure Mobile Payments

V-Key will provide a virtual software solution and cryptographic services to help secure mobile transactions.

Monday, 14/11/2016 | 09:27 GMT by Finance Magnates Staff

Global Trade for the Few, Global Trade for All

Global trade pioneers take advantage of innovations in communications, sales and payments, made possible by the internet.

Monday, 31/10/2016 | 14:18 GMT by William Laraque

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