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Ant Financial News
Apple joins hand with Chinese payment giant Ant Financial for interest free financing
Fri, Feb 22, 2019
It is first such move by Apple Ince, US' tech behemoth, in China as it looks to boost waning smartphone sales.
US blocks MoneyGram sale to China's Ant Financial on national security concerns
Wed, Jan 03, 2018
The US government has toughened its stance on the sale of companies to Chinese entities, at a time when Trump is trying to put pressure on China to help tackle North Korea`s nuclear ambitions and be more accommodative on trade and foreign exchange issues.
Paytm enters Canada's market; starts App for utility bill payments, insurance & property taxes
Fri, Mar 17, 2017
Paytm enters into Canada market by launching Paytm Canada App, which will allow users from the country to pay for their cell phone, cable, internet, electricity and water bills alongwith insurance and property taxes.
Alibaba's payment affiliate Ant Financial planning to raise $2 to $3 billion in debt: Source
Thu, Feb 09, 2017
According to a source, Alibaba's payment affiliate Ant Financial Services Group is planning to raise funds of about $2 to $3 billion in debt to finance its acquisition of MoneyGram International Inc.
Alibaba's financial arm acquires MoneyGram
Fri, Jan 27, 2017
"The acquisition of MoneyGram is a significant milestone in our mission to bring inclusive financial services to users around the world," Eric Jing, chief executive officer of Ant Financial Services Group in a statement last night.
Paid $3.41 billion in taxes, created 30 million jobs in 2016: Alibaba
Wed, Jan 04, 2017
Alibaba and its financial branch paid a total of 23.8 billion yuan in taxes in 2016.