US may restrict China’s artificial intelligence investment in Silicon Valley

The US has been seeing increasing investment in artificial intelligence...


Emtek Group quietly confirms the acquisition of e-money provider Doku and Espay

Emtek Group acquiring Espay may smoothen up the way for Emtek-Ant Financial...


Alibaba’s Ant Financial invests in Chinese bike-sharing startup unicorn Ofo

 Ofo, the Chinese bike-sharing startup that recently claimed unicorn...


Bike-rental startup ofo lands series D+ backed by Alibaba’s Ant Financial

The announcement came less than two months after ofo secured a US$450 million...


Lazada’s payment platform helloPay merges with Alibaba’s Ant Financial, rebranded as Alipay

The rebranded entity will continue to provide payment services on the...


Ant Financial confirms higher offer for MoneyGram bid, but political and regulatory challenges remain

Since late March, Ant Financial has been reported to consider giving higher...


Emtek partners Ant Financial; will launch new mobile payments platform together

The mobile payments platform will be offered on the Blackberry Messenger...


Ant Financial is planning to double-down on blockchain, focussed on data credibility

Ant Financial is using blockchain to help charities keep track of their donor...


Bike-rental firm Youon seeks IPO

If the updated IPO prospectus submission is successful, Youon will be the first...


Alibaba’s finance arm to allow financial institutions to set up shop in investing app

Ant Financial’s investing app Ant Fortune unveiled Caifu Hao earlier this...