Yunfeng Financial Group, co-founded by Alibaba’s Jack Ma, is making a $1.7-billion bid for the Hong Kong and Macau businesses of MassMutual, one of the...
Alibaba, the Chinese eCommerce giant, reported fiscal first quarter results that surpassed Wall Street’s expectations. Earlier Thursday (Aug. 17) the company announced news that its...
It’s Friday, which can only mean one thing — time to see what Sizzled and what Fizzled this week. Sizzle: Retail Sales: Research firms like Seeking...
Just about two years ago, Ant Financial announced it was launching its own consumer credit scoring model: Sesame Credit. It was a big deal. Sesame Credit...
Baidu, the Chinese internet search giant, reached a deal with Chinese eCommerce company JD.com in which it will send users looking for products online JD.com’s...
UnionPay is facing an increasingly competitive and complicated world these days. Some question whether the card-payment network operator will be able to overcome the struggle to “remain relevant” in...
Alibaba, the Chinese eCommerce giant, and Marriott International, the hotel giant, have inked a deal Monday (August 7) to enable Chinese consumers to book hotel...
Alibaba rival Tencent is gearing up to create a competing credit scoring system as it heats up its battle against Alibaba. According to a news...
Paytm is planning to launch a messaging service by the end of August to compete with Facebook Inc’s WhatsApp. According to Reuters, an unnamed source...