Ant Group

Alibaba is already a Weibo investor and one of its largest clients.

An estimated 390 million yuan was lost to internet fraud in China last year, a five-year high

A regulatory change which directs e-wallet players towards interoperability may be affecting the way wallet operators view their potential market.

A handful of players, including Didi and Ant Financial, have joined in the action but analysts aren’t sure if there’s even a market.

The Jack Ma-led firm has some of the most valued companies in its portfolio such as Paytm, Zomato and BigBasket.

Alipay and WeChat Pay lure Chinese outbound tourists with favorable exchange rates and streamlined processes.

More and more users are getting on board of this innovative collaborative scheme for protection against critical illnesses.

Users beware.