Ofo, the Chinese bike-sharing startup that recently claimed unicorn status, announced this weekend that it has…
Tag: alibaba
Alibaba’s Ant Financial may have won the bidding war for MoneyGram after upping its offer to $1.2B
Ant Financial, the Alibaba affiliate company focused on financial services, appears to have finally won its…
Alibaba’s Ant Financial to develop services in Indonesia as global expansion continues
Ant Financial, the fintech company affiliated with Chinese e-commerce giant Alibaba, is continuing its global expansion.…
Alibaba gets serious in Southeast Asia in preparation for battle with Amazon
Done betting, Alibaba is getting down to work in Southeast Asia as it bids to lead the…
Amazon delays its entry into Southeast Asia
Amazon has postponed its much-anticipated entry into Southeast Asia. The company initially planned to launch local…
Alibaba plays politics with new cross-border e-commerce initiative in Malaysia
Alibaba is planting another flagpost in Southeast Asia. Unlike its $1 billion acquisition of Lazada last year,…
Euronet outbids Alibaba’s Ant Financial with $1 billion offer for MoneyGram
Alibaba’s conquest to own a piece of the global money transfer industry just suffered a huge…
It’s Alibaba versus Amazon in India’s e-commerce market
The battle for supremacy in India’s e-commerce space looks set to become a slug out between two…