NewsManagement Reshuffle at Ant Financial: Eric Jing Takes Office as Executive Chairman, While Lucy Peng Doubles Down on Lazada BusinessAlibaba has invested a total $4 billion in Lazada. 2 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
For young people, personalized insurance solutions suit their needs better. NewsDeals | Customizing Insurance Solutions with AI, Mintbao Raises First Funding Round from BAI3 mins read
Plus, Ofo raised USD 866 million in a round led by Alibaba. WhatsApp mulls a payment service in India. NewsKrASIA Daily: Grab Launches Fintech Platform to Provide Loans and Insurance5 mins read
As more Chinese student come to Canada, so did WeChat and AliPay InsightsWeChat and AliPay Expanding their Businesses into Canadian Universities4 mins read
Meituan-Dianping is the world’s #4 most valuable startup according to CB Insights. NewsDeals | Meituan-Dianping Just Acquired An Insurance License, while BAT’s Online Insurance Battle is in Full Swing2 mins read
Alibaba and Ant Financial jointly announced earlier this month that the Chinese e-commerce conglomerate would purchase a 33 percent stake in the latter. NewsDeals | Alibaba’s Ant Financial Reportedly Raising $5b at $100b Valuation1 min read
NewsDeals in brief: Level3AI and UangCermat raise funding, Airwallex acquires South Korea’s Paynuri, Toku completes Singapore IPO, and more