Latest News on Ant Financial
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Ant Financial - Total results - 20
Dec 13, 2019
SoftBank-backed Paytm raises $660 mn from Alibaba arm Alipay, others; 2.6 mn shares to be allotted to investorsOn 29 November, there were reports that Paytm was looking at raising another round of funding of $1 billion, and is in discussion with multiple investors, including former UK Prime Minister David Cameron.
Nov 25, 2019
Paytm raises $1 bn from Japan’s SoftBank, China’s Ant Financial; plans to invest Rs 10,000 cr for expansionWhen its rivals like Google Pay and PhonePe are spending massively on cashbacks, Paytm said it would use Rs 10,000 crore to add as many small merchants and businesses as possible into its fold.
Dec 10, 2018
China's AI start up Megvii is targeting to raise $500 mn at $3.5 bn valuationMegvii's fundraising comes amid Beijing’s plans to build a ubiquitous CCTV surveillance network.
Sep 10, 2018
Chinese travel services provider Ctrip likely to join Zomato's financing round, may invest around $100 millionCtrip will be joined by Zomato’s existing backer Ant Financial and a couple of new financial investors
Sep 08, 2018
Alibaba's Jack Ma to unveil succession plan next week, remain chairmanWhile Jack Ma’s plan to gradually step back is a milestone, analysts and industry professionals said it was unlikely his involvement would change significantly.
May 30, 2018
China's Ant Financial closes funding round after raising $10 billion at a $150 billion valuationAnt Financial in China closed its latest funding round after having raised $10 billion from a clutch of global and local investors at $150 billion valuation
Feb 08, 2018
Apple partners with Alipay for mobile payments in China at Apple's physical storesThe Cupertino-based firm will accept Alipay payment across its 41 brick-and-mortar retail stores in China
Aug 14, 2017
Alibaba joins hands with Zhejiang province government to create online house rental systemThe smart house renting system, as it is called, will be supported by Alibaba's big data, online payment technology, and commerce credit system.
Jul 10, 2017
US startup Stripe partners with Alipay and WeChat to enable global payments to its customersStripe has partnered with Alipay and WeChat to enable merchants using its platform globally to accept payments from hundreds of millions of Chinese consumers.
Mar 23, 2017
Several Paytm staff become crorepatis by exercising their ESOPs in recent weeksOf the 500 employees working with the Noida-based company, around 47 employees offloaded shares in the parent company in recent weeks to a mix of both internal and external buyers