alibaba

World’s trading giant is studying blockchain to adopt it to Alibaba service.

Alibaba’s Jack Ma: Blockchain, AI and IoT Still Need to Prove Their Relevance
September 18th, 2018

The creator of China-based eBay claims three major pillars of the forthcoming industrial revolution are sentenced to oblivion unless they will prove their manufacturing relevance.

Ant Financial Launches Blockchain-based Money Transfers Between Hong Kong and the Philippines
June 25th, 2018

Billionaire Jack Ma believes that blockchain can revolutionize the world and moves from words to action: the affiliate of his Alibaba Group Holding has announced the new remittance service that will be free from transaction fees during the three month trial period.

Alibaba’s Ant Financial Raises $14 Billion in Series C Equity to Accelerate Globalization
June 8th, 2018

Ant Financial will use this funding to expand its operations globally as well as towards developing emerging new technologies like blockchain.

With Zeex Platform Online Shopping Finally Goes Anonymous
May 3rd, 2018

Despite companies like eBay, Amazon, and Alibaba have changed the way people purchase consumer goods, there are still certain gaps in the e-commerce industry, and private data protection is the major one.

Alibaba Buys Chip Manufacturer C-SKY Microsystems to Expand Its IoT Business
April 23rd, 2018

The Chinese e-commerce giant Alibaba has announced acquisition of Hangzhou C-SKY Microsystems, a Chinese microchip maker. The deal aims at boosting Alibaba’s cloud-based “internet of things” (IoT) business,

China Allows Foreigners to Enter Its $27 Trillion Payments Market after Yi Gang Named New Head of PBoC
March 23rd, 2018

The PBoC also said that it will allow for a level playing field for the foreign players to compete with the local players in the highly saturated payments market of China.

Alibaba Launches Crypto Mining Platform Despite PBoC’s Restrictions
January 17th, 2018

Despite all the limitations on cryptocurrency mining and trading from the government, Alibaba, a Chinese e-commerce giant, has launched a cryptocurrency mining platform.

Money Forward Launches $500M IPO, Gets Investors Excited
October 5th, 2017

The company has successfully completed the first day of trading, what demonstrates the growing investor interest in Japan’s fintech industry

Chinese Top Mobile Payment Service Alipay to Launch in the U.S.
May 11th, 2017

Ant Financial, the operator of Alipay, is expanding its mobile payments platform into the United States market, following limited trials in California and New York.

Alibaba’s Ant Financial Raises Offer for MoneyGram to $1.2B
April 17th, 2017

The merger with Ant Financial will provide MoneyGram with resources to further develop its technology, systems and anti-money laundering and compliance programs.