Alibaba

148 results about this entity

Period: 12 Apr 2010 - 17 Nov 2023

Alibaba takes 40% stake in India's Paytm

Chinese e-commerce conglomerate Alibaba and its financial services subsidiary Ant Financial have made a further investment in Indian mobile commerce network Paytm, raising its stake in the booming business to 40%.

Ant Financial adds messaging, P2P payments and loyalty offers to mobile app

Alibaba's Ant Financial has revamped its mobile payments app to incorporate a wealth of new features including merchant discounting and loyalty points, mobile-to-mobile money transfer and social messaging services.

Alibaba affiliate launches online bank

The financial affiliate of Chinese e-commerce conglomerate Alibaba has launched MYbank, an online lender targeting the country's small- and medium-sized businesses.

Alibaba's MyBank eschews US tech exports in favour of inhouse cloud

Chinese e-commerce conglomerate Alibaba has built an inhouse cloud-based banking platform for the online launch of its banking affiliate MyBank, eschewing products from US technology firms that have angered authorities in Beijing.

Alibaba moves into financial data and information services

Chinese Web giant Alibaba is investing nearly $200 million in China Business News (CBN) as it prepares to move into the financial data and information services industry.

Wal-Mart partners Alipay for mobile payments in China

American retail behemoth Wal-Mart is working with Chinese web firm Alibaba to enable shoppers at its stores in Shenzhen pay with their mobile phones.

Alibaba accelerates drive into financial services

Chinese e-commerce conglomerate Alibaba is continuing its aggressive push into the financial services industry with the establishment of an e-commerce Big Data index and plans for the June launch of an online bank.

Alibaba unveils 'smile-to-pay' tech

Chinese e-commerce giant Alibaba is developing facial recognition technology that enables mobile shoppers to replace their passwords with selfies.

Alibaba advances on Europe with iwoca and ezbob tie-up

Alibaba has enlisted the help of two UK working capital startups to provide micro-financing to European firms wishing to buy from Chinese suppliers.

Alibaba and Ant Financial complete restructuring

Alibaba Group Holding Limited (BABA) and Zhejiang Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Financial”) today announced the closing of the restructuring of the relationships between the two companies (the “Restructuring”). Ant Financial (formerly known as Small and Micro Financial Services Company) is the parent company of Alipay.

Alibaba eschews bank financing in favour of Lending Club tie-up

E-commerce conglomerate Alibaba has snubbed the banking industry and struck an exclusive deal with US peer-to-peer loan outfit Lending Club to offer financing to US businesses looking to buy from Chinese suppliers.

Alibaba's Ant Financial takes credit scoring to a new level

Ant Financial, the financial services arm of e-commerce giant Alibaba, is leveraging Big Data technology and all of its considerable customer assets to launch a powerful new credit scoring agency.