Tech news China’s internet giant Tencent launches WeChat Pay in Europe to compete Alibaba’s Alipay Yomna Yasser Jul 10, 2017 0 Chinese internet giant Tencent launched on Monday its WeChat Pay payments service in Europe, challenging rival…
Tech news ‘Hundreds’ of Alibaba and Huawei-sized companies could soon be taking on the… Yomna Yasser Mar 25, 2017 0 Alibaba became a well-known name internationally when it listed in the U.S. in 2014, while Huawei has been…
Tech news Chinese bank calls documents ‘fake’ after bond default on Alibaba-linked… Yomna Yasser Dec 27, 2016 0 The fate of a defaulted $45 million Chinese corporate bond sold through an Alibaba-backed online wealth management…
Tech news Alibaba’s finance arm Ant says expansion plans to focus on Asia, for now Ghada Ismail Nov 1, 2016 0 Ant Financial Services Group, the world's biggest financial technology company, plans to focus its expansion…
Tech news Alibaba payments arm Ant Financial ‘closer to IPO’ but still no timeline nada nasser Oct 19, 2016 0 Alibaba affiliate Ant Financial, which runs the Alipay payments service, is "closer to an initial public offering "…
Tech news Alibaba’s $60 billion finance arm eyes growth before IPO Ghada Ismail Oct 11, 2016 0 Investors gearing up for the initial public offering (IPO) of Ant Financial, the $60 billion online finance arm…
Tech news Alibaba dethrones Baidu in China’s digital advertising market Noha Gad Sep 22, 2016 0 Mobile advertising is witnessing double digit growth rates, according to eMarketer, but not everyone is in for a…
Tech news Alipay may take stake in Wirecard Ghada Ismail Jun 26, 2016 0 Wirecard AG is negotiating with representatives of Alipay, a unit of Chinese e-commerce giant Alibaba, about it…
Tech news Ant Financial plans to buy stake in Thai payments company Ghada Ismail Jun 19, 2016 0 Ant Financial Services Group, Alibaba's financial services affiliate, is seeking to buy a 20 percent stake in…
Tech news Yahoo revenues decline as internet firm reviews bid options Ghada Ismail Apr 20, 2016 0 Yahoo has reported a $99m (£69m) quarterly loss, compared to a $21.2m profit for the period last year, as it…