Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group. Speaking at...
China’s Ant Group’s quarterly profits plummeted following a long-term crackdown on the country’s tech sector. The FinTech contributed $145 million to its affiliate Alibaba’s earnings,...
Ant Group’s founder is set to give up control of the Chinese FinTech. Billionaire Jack Ma will no longer hold majority voting rights in the...
Today in the connected economy, Mastercard names a number of new partners to its buy now, pay later program, Mastercard Installments. Also, inflation leads McDonalds...
Billionaire Jack Ma, one of China’s most noted entrepreneurs, could be giving up control of Ant Group. This move would further separate the company from...
Ant Group has begun telling customers whether they’re borrowing from the company or from an outside lender, as founder Jack Ma continues his attempts to...
The richest man in China — Zhong Shanshan, founder of bottled water consortium Nongfu — has a low profile and few headlines, even though he...
Jack Ma’s Ant Group is in talks with regulators in China to revive its crowdfunded medical coverage unit, Xiang Hu Bao, and develop it into...
Although Jack Ma agreed to turn over Ant Group’s customer financial data, the People’s Bank of China (PBoC) and Beijing regulators are not satisfied with...