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Alibaba Group Helps Chinese SMEs Deal With Economic Impact From Coronavirus Outbreak
Alibaba Group

Alibaba Group Helps Chinese SMEs Deal With Economic Impact From Coronavirus Outbreak

ByNewswire February 12, 2020

The Alibaba Group unveiled measures to help small and medium-sized enterprises in China affected by the coronavirus outbreak. In an open letter, the group emphasized…

Adyen and Alipay collaborate to streamline global payment experiences
Payments & Banking

Adyen and Alipay collaborate to streamline global payment experiences

ByNewswire August 28, 2019December 8, 2019

Payment platform Adyen announced a new collaboration with payment and lifestyle platform Alipay. Alipay is operated by Ant Financial Services Group, the fintech player of…

U.S. Blocks MoneyGram Acquisition, Jack Ma’s Latest Failure in the States
Alibaba Group | Payments & Banking

U.S. Blocks MoneyGram Acquisition, Jack Ma’s Latest Failure in the States

ByRichard Meldner January 4, 2018December 19, 2018

Last year, MoneyGram, a global person to person money transfer company, was the subject of a bidding war between Alibaba’s affiliate Ant Financial and U.S….

Alipay Expands Adyen Deal in Time for China’s Golden Week
Payments & Banking

Alipay Expands Adyen Deal in Time for China’s Golden Week

ByNewswire October 4, 2017December 8, 2019

Ant Financial Group expanded the Adyen payments platform to make it easier for Chinese consumers to use their Alipay accounts while traveling. PRESS RELEASE FROM…

Alipay and Yelp to Extend U.S. Services for Chinese Tourists
Payments & Banking

Alipay and Yelp to Extend U.S. Services for Chinese Tourists

ByRichard Meldner August 16, 2017January 18, 2019

Alibaba affiliated Ant Financial Services Group, and its Alipay payment solution inked a deal with Yelp to help Chinese tourists to discover, plan, and pay…

Ant Financial tops offer for MoneyGram by 36%
eCommerce | Payments & Banking

Ant Financial tops offer for MoneyGram by 36%

ByRichard Meldner April 17, 2017April 17, 2017

Alibaba affiliate Ant Financial topped its offer to buy MoneyGram to around $1.2 billion. MoneyGram’s board approved the new offer overnight. Alibaba and Euronet have…

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