Alibaba’s Ant Financial invests in Chinese bike-sharing startup unicorn Ofo

 Ofo, the Chinese bike-sharing startup that recently claimed unicorn status, announced this weekend that it has…

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.…

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…

Alibaba’s Ant Financial expands to Korea with $200M investment in Kakao Pay

 Alibaba affiliate Ant Financial is making yet another M&A deal. The firm is investing $200 million into…

Alibaba’s Ant Financial is raising $3B in debt to finance a global M&A spree

 Alibaba affiliate Ant Financial announced a surprise deal to acquire international payment service MoneyGram for $880…

Alibaba’s Ant Financial is buying MoneyGram for $880M to expand its global presence

 Alibaba is taking a big step into the U.S. — but it isn’t necessarily what you…