Sep 13, 2021 02:45 PM IST
Alipay -- with more than one billion users in China and other Asian nations including India -- was told to spinoff its profitable micro loan business, the Financial Times reported Monday, citing a person with knowledge of the matter.
- Nov 05, 2020 10:30 AM IST
The Chinese authorities’ overbearing attitude underscores the perils of Shanghai becoming a financial hub
- Aug 28, 2020 10:08 AM IST
The issue, if it goes through, will make it the biggest primary market offering ever, beating Saudi Aramco’s $29 billion IPO
- Jul 31, 2020 03:15 PM IST
Any investigation would likely dampen enthusiasm for Ant Group's planned dual listing in Hong Kong and Shanghai that is seeking a valuation of more than $200 billion.
- Mar 18, 2020 08:52 PM IST
TransferWise’s 7 million+ users will be able to instantly (under 20 seconds) send Chinese yuan from 17 currencies to users of Alipay.
- Jan 23, 2020 07:00 PM IST
The collaboration will help make remittance services more convenient and affordable, especially for migrant workers globally.
- Dec 13, 2019 11:54 AM IST
The board of One 97 Communications Ltd will allot about 2.6 million shares to the investors, financial data accessed by business intelligence platform Tofler dated December 12 showed.
- Nov 07, 2019 11:51 AM IST
The moves came during a major import fair in Shanghai aimed at showcasing the country's free trade credentials.
- Nov 07, 2019 09:27 AM IST
The US-China trade war could become yesterday’s news if the race to launch a digital currency takes off in earnest
- Jan 05, 2018 04:37 PM IST
Alibaba affiliate Ant Financial was forced to apologise on Wednesday after users said they felt misled into allowing its Alipay service to share data on their spending habits with Ant's credit-scoring arm and other third-party services.
- Sep 05, 2017 08:54 AM IST
Once called a start-up 'Unicorn', the deal may also put Zomato's valuation back at USD 1.1 billion.
- Dec 09, 2016 11:00 AM IST
After selling his stake to an undisclosed shareholder, Paytm founder and CEO Vijay Shekhar Sharma now owns 20.33 percent in One97.
- Nov 24, 2016 12:42 PM IST
"While India is implementing the government-led de-cashing via demonetisation, China is experiencing a rapid market based de-cashing process via the digitalisation of transactions on the online or mobile payment platforms," an article in the state-run Global Times said today.
- May 04, 2016 05:02 PM IST
Uber and Alipay teamed up earlier this year to offer Chinese yuan payment options for Uber rides in Hong Kong, Macao and Taiwan.
- Apr 05, 2016 06:51 PM IST
Alipay is one of China's biggest payment services and competes with Tencent's WeChat Payment.
- Sep 29, 2015 07:11 PM IST
Leading Chinese etailer Alibaba has invested in online wallet and ecommerce firm Paytm, the firm's CFO and VP - Business Amit Sinha confirmed to CNBC-TV18, adding that Alibaba and its affiliate Alipay are now "one of the largest" shareholders in the company.
- Aug 17, 2015 05:30 PM IST
Paytm, India’s largest mobile commerce platform, and InMobi, the world’s most powerful mobile advertising platform announced the launch ...
- Apr 06, 2015 08:24 AM IST
The five-year old online retailer's gains may allow it to win over more customers who prize convenience and experience over cost savings, while taking advantage of its Alibaba relationship to help American retailers sell to China's still-growing middle class.
- Aug 01, 2011 08:35 AM IST
Shares of Alibaba.com Ltd rose to a two-week high on Monday after its parent, Chinese e-commerce firm Alibaba Group, forged a complex deal with SoftBank Corp and Yahoo Inc over mobile payments unit Alipay.