NewsChina’s largest fund manager Tianhong lifts cap for Yu’e Bao subscriptionPrepare to be flushed with cash. 1 min read
The company’s register capital has dropped drastically from RMB 1.03 billion to RMB 430 million NewsForeign shareholders leave Ant Financial-backed Hellobike1 min read
But it still trails behind the top dog. NewsAlipay now counts more than 160,000 mini-apps, as the race between platforms intensifies2 mins read
Moving forward, it plans to partner with major e-money platforms. NewsSoutheast Asian smart retail startup Blue Mobile closes Series C funding round led by Ant Financial1 min read
Ant Financial plans to further its international expansion plan via the takeover of World First. NewsAnt Financial looks to acquire UK’s World First for $700m2 mins read
Social Innovation Challenge for Southeast Asia. NewsAlipay, NUS Enterprise jointly launch Social Innovation Challenge2 mins read
Instead of having customers looking for services, ShuWei wants services to reach customers. InsightsAnt Financial invests several hundred million RMB in indoor location service provider ShuWei3 mins read
Leveraging on Alipay’s mini program, their orders increased by 6 times in 6 months, reaching an average of 1000 orders a day. InsightsAnt Financial invests tens of millions RMB in IT leasing enterprise RRZuJi3 mins read
NewsDeals in brief: Accel invests in Vite+ maker VoidZero, Rolo Robotics and Videotto raise seed funding, Coolmate completes Series C round, and more
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