Sources: China's Ant Financial acquires stake in Vietnamese e-wallet company eMonkey in a strategic move to get into Vietnam's ~100M fintech market
Fanny Potkin / Reuters :
Alibaba closes the acquisition of 33% of Jack Ma's Ant Financial; Ant will now stop paying 37.5% of its pre-tax profits to Alibaba
- E-commerce giant now has 33% interest in the fintech giant — Ant will no longer pay 37.5% of its pre-tax profit to Alibaba
Sources: Grab is considering spinning out its financial services business and is in talks with PayPal and Alibaba's Ant Financial over possible investments
Grab, the $16 billion-valued ride-hailing firm that acquired Uber's Southeast Asia business last year, is in talks with Alibaba's Ant Financial …
Alibaba's Ant Financial buys London-based payments company WorldFirst in a deal that sources say is valued at around $700M
TechCrunch :
Alibaba's Ant Financial buys London-based payments company WorldFirst in a deal that sources say is valued at around $700M
Ant Financial, the financial services giant affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe.
Source: Didi and Ant Financial, both of which already own stakes in Ofo, are in talks for a joint buyout offer of up to $2B for the Chinese bike-sharing startup
HONG KONG (Reuters) - Chinese ride-hailing giant Didi Chuxing and Alibaba's (BABA.N) Ant Financial are in talks …
China's Ant Financial ups offer for MoneyGram by 36% to $1.2B; MoneyGram board approves deal
Ant Financial raised its agreed offer for MoneyGram International Inc. by 36 percent as the financial-services company controlled by Chinese billionaire Jack Ma tries to top a competing offer.
Alibaba's Ant Financial to invest $200M in Kakao Pay, the payments unit of South Korea's messaging company Kakao Corp, as part of a strategic partnership
Saheli Roy Choudhury / CNBC :
Alibaba's Ant Financial buys US-based international money transfer service MoneyGram for $880M, an 11.5% premium to MoneyGram's Wednesday closing price
Bloomberg :
Alibaba's Ant Financial buys US-based international money transfer service MoneyGram for $880M, an 11.5% premium to MoneyGram's Wednesday closing price
Bloomberg :