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Alipay

Understanding the e-yuan initiative

There is merit in carefully examining the recent developments in China's sovereign digital currency space and participating in it if India's interests are served

Understanding the e-yuan initiative
Updated On : 19 Jul 2022 | 11:08 PM IST

China plans to break up Ant's Alipay, force creation of separate loans app

Beijing wants to break up Alipay and create a separate app for the company's highly profitable loans business, the Financial Times reported on Sunday.

China plans to break up Ant's Alipay, force creation of separate loans app
Updated On : 14 Sep 2021 | 1:00 AM IST

China orders Alipay, banks not to assist cryptocurrency trading

Bitcoin declines to two-week low and ether falls 13% as crackdown widens

China orders Alipay, banks not to assist cryptocurrency trading
Updated On : 22 Jun 2021 | 1:08 AM IST

Donald Trump orders ban on transactions with eight more Chinese apps

Trump has signed an executive order barring transactions with eight Chinese apps including Alipay and WeChat Pay to protect America's national security

Donald Trump orders ban on transactions with eight more Chinese apps
Updated On : 06 Jan 2021 | 8:33 AM IST

Ant Group stops offering sales of online deposit products at Chinese banks

Ant has "voluntarily removed" the online deposit products from Alipay "in accordance with the recent regulatory requirements for online deposits services," according to a company statement

Ant Group stops offering sales of online deposit products at Chinese banks
Updated On : 19 Dec 2020 | 1:55 AM IST

India blocks access to 43 more Chinese apps, including AliExpress

The apps were blocked on grounds of national security.

India blocks access to 43 more Chinese apps, including AliExpress
Updated On : 24 Nov 2020 | 5:58 PM IST

Jack Ma to become richer than Walmart heirs with mega Ant Group IPO

Ma's 8.8% stake is worth $27.4 billion based on the stock pricing in Hong Kong and Shanghai

Jack Ma to become richer than Walmart heirs with mega Ant Group IPO
Updated On : 28 Oct 2020 | 1:50 AM IST

Banks working on Ant Group's Hong Kong IPO could get $396 million windfall

Ant is set to raise as much as $19.8 billion in Hong Kong if it fully exercises an over-allotment option

Banks working on Ant Group's Hong Kong IPO could get $396 million windfall
Updated On : 27 Oct 2020 | 11:55 PM IST

As IPO looms, all you need to know about billionaire Jack Ma's Ant Group

A 2011 offshoot of Chinese giant Alibaba Group Holding Ltd., the firm has defined and dominates the Chinese payments market through its ubiquitous Alipay app

As IPO looms, all you need to know about billionaire Jack Ma's Ant Group
Updated On : 30 Aug 2020 | 7:31 AM IST

Ant Group files for HK-Shanghai IPO; first-half profit rises 1,000%

Ant's Alipay service processed $17 trillion in transactions

Ant Group files for HK-Shanghai IPO; first-half profit rises 1,000%
Updated On : 26 Aug 2020 | 2:22 AM IST

Urged by central bank, China weighs antitrust probe into Alipay, WeChat Pay

Any investigation would likely dampen enthusiasm for Ant Group's planned dual listing in Hong Kong and Shanghai that is seeking a valuation of more than $200 billion

Urged by central bank, China weighs antitrust probe into Alipay, WeChat Pay
Updated On : 31 Jul 2020 | 2:37 PM IST

Jack Ma's Ant seeks $200 billion value in landmark dual IPO: Report

Ant is planning to list on Shanghai's STAR market & Hong Kong

Jack Ma's Ant seeks $200 billion value in landmark dual IPO: Report
Updated On : 21 Jul 2020 | 1:31 AM IST

After Facebook, RIL in talks with other global investors for similar deal

Earlier, there have been reports of Reliance talking to Google

After Facebook, RIL in talks with other global investors for similar deal
Updated On : 01 May 2020 | 1:34 AM IST

The Reliance game plan

The Facebook investment is a high-stakes gambit with dual possibilities

Image
Updated On : 30 Apr 2020 | 11:03 PM IST

Jack Ma's Alipay steps up competition with WeChat to win merchants

The move escalates the competition between Alipay and WeChat, the super app owned by Asia's second-largest company and Jack Ma's rival billionaire Pony Ma

Jack Ma's Alipay steps up competition with WeChat to win merchants
Updated On : 10 Mar 2020 | 10:03 PM IST

One97 Communications raises over $660 mn from investors including Alipay

SoftBank's SVF Panther (Cayman), among others has also invested in the company

One97 Communications raises over $660 mn from investors including Alipay
Updated On : 13 Dec 2019 | 6:20 PM IST

Stolen Apple IDs behind thefts of users' money, says China's Alipay

The breach has affected users of both Alipay and Tencent Holdings Ltd's WeChat and some users lost up to 2,000 yuan ($288)

Stolen Apple IDs behind thefts of users' money, says China's Alipay
Updated On : 11 Oct 2018 | 9:56 PM IST

China spends more than ever on Alipay amid mobile payments boom

The app's main rival is WeChat and Apple Pay, reports Tech in Asia

China spends more than ever on Alipay amid mobile payments boom
Updated On : 05 Jan 2017 | 10:14 PM IST