It’s been awhile since our last edition of Alibaba tracker, and a great deal has happened since then. There’s a lot to get through, so hold on to your proverbial hats! First up: no showers, just flowers for Alibaba (BABA) shares in April. The company continues...
Ant Financial, the financial services unit of Alibaba, is getting into the digital payment market in Indonesia via BlackBerry Messenger (BBM). According to a report, Ant Financial has inked a deal with Elang Mahkota Teknologi (Emtek Group), the local media conglomerate that gained control of BBM’s Indonesia...
May 17, 2017
Indonesia-based media company Elang Mahkota Teknologi (Emtek Group) has acquired large stakes in two of the country’s digital payment services. According to eMarketer, Emtek now holds a 50 percent stake in payment service PT Nusa Satu Inti Artha (commonly known as Doku), as well as a 90 percent share of PT Espay Debit Indonesia Koe. […]
April 17, 2017
Ant Financial, the financial services unit of Alibaba, is getting into the digital payment market in Indonesia via BlackBerry Messenger (BBM). According to a report, Ant Financial has inked a deal with...