Ant Financial

Grab in talks over spinning out financial services unit, plans to add thousands of jobs

Grab is reportedly in having discussions with both Alibaba’s Ant Financial and PayPal over spinning out its financial services unit, as it also looks to double its staff in Singapore.

Ant Financial

Alibabas Ant Financial buys UK currency exchange WorldFirst for $700m

Alibaba/Ant Financial founder Jack Ma Ant Financial, the financial services affiliate of Alibaba, has penned its first major European deal with the acquisition of UK-based payments company WorldFirst for a

Ant Financial

Alipay made available at thousands of Walgreens stores

US pharmacy giant Walgreens is teaming up with Alibaba’s mobile payment platform, Alipay, to make it easier for Chinese tourists to pick up their medicines and cosmetics from the chain.

Ant Financial

Mobile payments firm Ant Financial completes worlds biggest ever fundraising

Ant Financial, operator of Chinas biggest online payments platform, has raised around $14bn (£10.44bn) in its latest series of funding, in what market analysts are calling the biggest-ever single round

Ant Financial

Alibabas Ant Financial Invests $200m in South Korean Mobile Payments

Alibaba’s financial payments arm Ant Financial is set to invest $200m in Kakao Pay, a mobile finance subsidiary of South Korean internet company Kakao, as part of a larger strategic

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