NewsAlibaba-backed payment company Paytm to raise USD 2 billionPaytm competes with the likes of Walmart-owned PhonePe, Google Pay, and Amazon Pay. 3 mins read
China’s top e-signature service providers are competing for a paperless future. NewsE-signature firm Esign raises USD 100 million in Series C round, led by Ant Financial1 min read
Global giants like Alibaba, Amazon, Google, and Facebook are keeping a close watch on Indian digital payments opportunity, which is very much untapped since half of the Indians are yet to come online.InsightsIndia’s digital payment market is getting more competitive with PhonePe spin-off5 mins read
US e-cigarette giant Juul Labs is also affected by the US regulators’ growing scrutiny. NewsAlibaba and JD.com end sales of e-cig products to US buyers amid vaping crackdown2 mins read
The company was founded by six former employees from Alibaba and its affiliate Ant Financial. NewsCross-border payment platform XTransfer raises USD 15 million in Series B1 round, led by Alibaba2 mins read
One step forward to commercialize SenseTime’s tech in real-world applications. NewsChina’s AI unicorn SenseTime allies with Japan’s MOL to prevent ship collisions1 min read
The Chinese internet giant claims it has gained USD 2.5 billion from strategic divestments since its IPO. InsightsFive companies Alibaba invested in and exited, hailing them as financial success4 mins read
Agriculture blockchain is one of the 40 blockchain technologies Ant Financial has developed. NewsAlibaba uses blockchain to sell pears while Tencent applies it on diamonds2 mins read
The platform has 20 million daily active users now. NewsAlibaba’s Idle Fish lures second-hand luxury product sellers with an assured sale2 mins read
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