NewsUOB Setting up Fintech JV to Tackle SEA Unbanked MarketTo tackle the Indonesian market first 2 mins read
Plus, Walmart may buy a majority stake in Flipkart by the end of June. SGX would list Indian equity derivative products in June. NewsKrASIA Daily: Warburg Pincus in Talks to Invest in Ant Financial’s $8 Billion Round4 mins read
NongFenQi’s approach is to cut into the agricultural production links using financial tools, followed by gradual expansion to the whole industry chain. NewsDeals | Innoven Capital and BAI Invest Hundreds of Millions of Yuan C Round Financing in Rural Credit Company NongFenQi4 mins read
Singapore’s Temasek Holdings is reportedly seeking to lead the round. NewsDeals | What is Beyond a Unicorn? Ant Financial1 min read
Plus, Ola in talks to buy Freshmenu. Grab Philippines will keep running the Uber app until April 15. NewsKrASIA Daily: Alibaba just Gave Birth to the World’s Biggest Unicorn5 mins read
Alibaba has invested a total $4 billion in Lazada. NewsManagement Reshuffle at Ant Financial: Eric Jing Takes Office as Executive Chairman, While Lucy Peng Doubles Down on Lazada Business2 mins read
The fourth quarter, thanks to Alibaba’s Singles’ Day sale, is usually a strong quarter for Alibaba and its financial affiliate Ant Financial. NewsChinese Mobile Payment Sector Keeps Growing Momentum2 mins read
China has 587.5 active credit cards as of December 31, 2017 NewsChina’s Largest Credit Card Service Startup 51 Credit Card Filed to List in HK2 mins read
Tencent and Walmart are all major shareholders in JD.com. NewsWalmart Sides with Tencent; Stops Accepting Alipay in Southwest China Stores2 mins read