Tag "Alibaba Group Holding Ltd"
Ant Group Faces 92% Profit Decline in Latest Quarterly Report
Ant Group, the financial technology entity founded by Jack Ma, has witnessed a significant downturn in its quarterly earnings, with a 92 percent reduction as it navigates through an economic downturn and enduring regulatory oversight. Based in Hangzhou, the company
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First Australian Bank To Integrate With Alipay
Tyro, Australia’s business-only bank announced it had entered an agreement with the world’s largest mobile and online payment platform, Alipay, to become the first Australian bank to offer a seamless, all-in-one EFTPOS solution with Alipay for Tyro’s merchants and improve
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Data Shows The Rapid Growth And Boom Of The Asian Fintech Market
According to a report by Forbes, data from CB Insights shows that Fintech financing in Asia-Pacific doubled to $11.2 billion in 2016, from $5.2 billion in 2015. Global investment in fintech were $23.2 billion. The growth in total value of fintech investments were in large part due to
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