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Ant Group hit with $985m fine amidst China’s regulatory crackdown

China’s central bank has issued one of the country’s largest fines against fintech giant Ant Group over various financial regulatory violations.  Ant Group, subsidiary of...

Digital payment platform Alipay forges ecommerce deal with Manchester City

Chinese digital payments platform Alipay has signed an agreement with Premier League club Manchester City to provide the team with an ecommerce and experiences...

Ant investment sees Klarna deepen relationship with Alibaba

Chinese tech giant Alibaba furthers its European presence, confirming that its investment unit Ant Financial has taken a ‘minority stake’ in Swedish retail payments...

Alibaba strengthens Olympic partnership with technological evolution

Chinese technology and e-commerce giant Alibaba has announced that it aims to change the way television broadcasters, fans and organisers experience the Olympic Games...

Facebook warned over Libra cryptocurrency project

Social media platform Facebook has been warned that before launching its Libra cryptocurrency it will be required to meet a high threshold of legal...

Alipay and Worldline extend partnership to boost Asia-Europe tourism

Chinese payment and lifestyle platform Alipay has extended its “long-lasting” partnership with European payment and transactional service provider Worldline. The firms state the partnership aims...

“Everything is Awesome” Animal Logic partners with Alibaba Cloud

Alibaba Cloud, the data intelligence arm of Chinese giant Alibaba Group, has secured a new agreement with independent creative digital studios Animal Logic. As a...

Credorax secures WeChat Pay, Alipay, and UnionPay payment partnerships

Online payment processing and acquiring bank service provider Credorax has announced new partnerships with leading Chinese mobile payment methods - WeChat Pay, Alipay and UnionPay. Credorax...

Alibaba splashes $2bn on NetEase Kaola service

Chinese provider of internet services NetEase has announced its import e-commerce platform Kaola is set to be taken over by major Chinese conglomerate Alibaba. Monetary...

Alibaba.com enables European bank payments via Trustly & Ingenico

Online banking payments company Trustly has landed a new partnership with B2B e-commerce platform Alibaba.com Alibaba.com serves more than 10 million buyers in over 190...

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