alipay, Ant Group, Briefing, Fintech, News, online payments, WeChat Pay China to lay down new payment antirtust rules that may affect Ant, Tencent According to the draft rules, any non-bank payment firm with at least 50% of the online transaction market could be…
Alibaba, Ant Financial IPO, Ant Group, Briefing, china regulations, Investments, Jack Ma, News Jack Ma loses $11b in two months as China escalates scrutiny over tech giants The Alibaba co-founder had reached a peak of US$61.7 billion this year and was poised to become Asia’s richest person…
Alibaba, Ant Group, ant ipo, Briefing, Fintech, Jack Ma, News Chinese regulator asks Ant Group to return to payment services roots The People’s Bank of China told Ant executives to “rectify” the fintech giant’s lending, insurance, and wealth management businesses. Source…
alibaba group, Ant Group, Briefing, China's anti-monopoly regulations, Internet giant, News China’s regulators start anti-monopoly probe into Jack Ma’s Alibaba Earlier this month, Alibaba and China Literature, Tencent’s e-book spinoff, were fined for failing to declare past acquisitions. Source link
Ant Group, edfintech, edtech, Indonesia, ipo, Jack Ma, Newsletter, newsletters, Softbank, traveloka Edfintech is changing Indonesia’s unaffordable education system Could edfintech startups make tertiary education more accessible to Indonesians? Source link
Alibaba, Ant Group, Ant Group IPO, Briefing, ByteDance, China, Fintech, India, News, Tencent Ant Group denies report of stake sale in Paytm The Alibaba-backed firm hasn’t launched a formal sale process and financial details of the potential deal have yet to be…
accelerator, Ant Group, Baidu, iQiyi, Newsletter, newsletters, shopee, ShopeePay, singlife The race to conquer Indonesia’s digital wallet space ShopeePay’s carefully timed foray into Indonesia, and why these SaaS startups have been given a boost Source link
Ant Group, Ant Group IPO, Briefing, Hong Kong, Jack Ma, News, Shanghai IPO Ant Group may not get its IPO done before 2022, sources say The fintech giant is in discussions with officials to ensure that it stays in line with the evolving regulations. Source…
Ant Group, health insurance, insurance, Investments, News, Startups, Tencent, waterdrop Tencent to invest an additional $150m in Chinese insurtech firm Waterdrop, sources say It will use the funds to expand its online platform and bolster its technology. Source link
Ant Group, demo day, edtech, IBM, Newsletter, newsletters, Reliance Retail, WeWork Edtech’s huge growth spurt in Indonesia A look at the key players in Indonesia’s edtech industry and how Ant Group’s Asia investees can help to diversify…