Alipay
-
{
- All
- News
- Videos
-
Chinese Group Alipay Said to Have Sold 3.4 Percent Stake in Zomato
Chinese payments group Alipay plans to sell its 3.4 percent stake in Indian food delivery giant Zomato for nearly $400 million (nearly Rs. 3,333 crore) through block deals on Indian stock exchanges, according to three sources and a Reuters review of the deal's term sheet. Alipay, owned by Ant Group, will offload its entire 3.44 percent stake in the...
-
Alipay, China's Biggest Payment App, Said to Be Target of Fresh Regulatory Scrutiny
Alipay has been ordered by Chinese regulators to undergo sweeping changes as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants. According to a Financial Times report citing a person familiar with the matter, the country’s largest payments app has been told to spinoff its profitable microloan business.
-
China To Target Biggest Payment App Alipay In Tech Crackdown: Report
Chinese regulators have ordered sweeping changes to the country's biggest payment app Alipay, as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants.
-
TikTok-Parent ByteDance Says It Will Downsize Fintech Business, Plans to Sell Stock Broker Operations
ByteDance, the owner of TikTok, said that it would shrink its financial services unit and that it planned to sell its stock broking operations amid China's tightening grip on the financial technology sector.
-
TikTok US Ruling: Biden Administration Asks Courts to Dismiss Government Appeals
The Biden administration asked two federal appeals courts to dismiss the Justice Department's legal challenges to court rulings that barred a Trump-era effort to ban new downloads of Chinese-owned video-sharing app TikTok.
-
Ant Group Highlights Distinction Between NFTs and Cryptocurrencies
Ant Group sought to draw a distinction between non-fungible tokens (NFTs) available on its platforms and cryptocurrencies currently subject to a crackdown by Beijing, after users expressed confusion.
-
Bitcoin Steadies in Asia Trading After Monday's Plunge Following China Crackdown
Bitcoin price stabilised in Asian trading on Tuesday morning a day after a statement from China's central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world's largest token to a two-week low.
-
Chinese Apps Said to Face Subpoenas or Bans Under US President Joe Biden’s Order
US President Joe Biden's executive order aimed at safeguarding Americans' sensitive data would force some Chinese apps to take tougher measures to protect private information if they want to remain in the US market, according to people familiar with the matter.
-
TikTok Parent ByteDance Launches Douyin Pay Mobile Payment Service in China
ByteDance launched its third-party payment service for the Chinese version of its hit short video app TikTok, Douyin Pay, as it presses to expand into the e-commerce business in China.
-
Alibaba, Tencent Said to Be Considered by Trump Administration for Addition to China Stock Ban Blacklist
The Trump administration is considering adding Alibaba Group and Tencent to a blacklist of Chinese companies that are allegedly owned or controlled by the Chinese military, two people familiar with the matter said.
-
Chinese App Ban: China Criticises US President Donald Trump Order Against Eight Apps
China's government accused Washington of misusing national security as an excuse to hurt commercial competitors after President Donald Trump signed an order banning transactions with payment services Alipay and WeChat Pay and six other apps.
-
Alipay, WeChat Pay Among 8 Chinese Apps Banned in US by Trump Order
US President Donald Trump signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay, the White House said.
-
Donald Trump Orders Ban On WeChat Pay, Other "Chinese Apps"
US President Donald Trump on Tuesday ordered a ban on Alipay, WeChat pay and other apps linked to Chinese companies, saying they could route user information to the government in Beijing.
-
Ant Group’s IPO Debut Fiasco Set to Clip Its Wings, Dent Value
China's surprise suspension of Ant Group's record $37 billion (roughly Rs. 2,75,100 crores) listing is likely to delay rather than destroy its chances of a stock market debut though the financial technology giant's valuation and growth prospects are set to take a hit.
-
Alibaba’s Ant Group Faces Regulatory Pressure Ahead of Record IPO
Ant Group is facing growing Chinese pressure over potential risks in its online lending business, with co-founder Jack Ma and other executives summoned to an unusual meeting with regulators just ahead of its record-breaking IPO this week.
-
Chinese Group Alipay Said to Have Sold 3.4 Percent Stake in Zomato
Chinese payments group Alipay plans to sell its 3.4 percent stake in Indian food delivery giant Zomato for nearly $400 million (nearly Rs. 3,333 crore) through block deals on Indian stock exchanges, according to three sources and a Reuters review of the deal's term sheet. Alipay, owned by Ant Group, will offload its entire 3.44 percent stake in the...
-
Alipay, China's Biggest Payment App, Said to Be Target of Fresh Regulatory Scrutiny
Alipay has been ordered by Chinese regulators to undergo sweeping changes as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants. According to a Financial Times report citing a person familiar with the matter, the country’s largest payments app has been told to spinoff its profitable microloan business.
-
China To Target Biggest Payment App Alipay In Tech Crackdown: Report
Chinese regulators have ordered sweeping changes to the country's biggest payment app Alipay, as the ruling Communist Party attempts to rein in "the unruly growth" of the tech giants.
-
TikTok-Parent ByteDance Says It Will Downsize Fintech Business, Plans to Sell Stock Broker Operations
ByteDance, the owner of TikTok, said that it would shrink its financial services unit and that it planned to sell its stock broking operations amid China's tightening grip on the financial technology sector.
-
TikTok US Ruling: Biden Administration Asks Courts to Dismiss Government Appeals
The Biden administration asked two federal appeals courts to dismiss the Justice Department's legal challenges to court rulings that barred a Trump-era effort to ban new downloads of Chinese-owned video-sharing app TikTok.
-
Ant Group Highlights Distinction Between NFTs and Cryptocurrencies
Ant Group sought to draw a distinction between non-fungible tokens (NFTs) available on its platforms and cryptocurrencies currently subject to a crackdown by Beijing, after users expressed confusion.
-
Bitcoin Steadies in Asia Trading After Monday's Plunge Following China Crackdown
Bitcoin price stabilised in Asian trading on Tuesday morning a day after a statement from China's central bank reaffirming the ongoing crackdown on cryptocurrencies in the country sent the world's largest token to a two-week low.
-
Chinese Apps Said to Face Subpoenas or Bans Under US President Joe Biden’s Order
US President Joe Biden's executive order aimed at safeguarding Americans' sensitive data would force some Chinese apps to take tougher measures to protect private information if they want to remain in the US market, according to people familiar with the matter.
-
TikTok Parent ByteDance Launches Douyin Pay Mobile Payment Service in China
ByteDance launched its third-party payment service for the Chinese version of its hit short video app TikTok, Douyin Pay, as it presses to expand into the e-commerce business in China.
-
Alibaba, Tencent Said to Be Considered by Trump Administration for Addition to China Stock Ban Blacklist
The Trump administration is considering adding Alibaba Group and Tencent to a blacklist of Chinese companies that are allegedly owned or controlled by the Chinese military, two people familiar with the matter said.
-
Chinese App Ban: China Criticises US President Donald Trump Order Against Eight Apps
China's government accused Washington of misusing national security as an excuse to hurt commercial competitors after President Donald Trump signed an order banning transactions with payment services Alipay and WeChat Pay and six other apps.
-
Alipay, WeChat Pay Among 8 Chinese Apps Banned in US by Trump Order
US President Donald Trump signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay, the White House said.
-
Donald Trump Orders Ban On WeChat Pay, Other "Chinese Apps"
US President Donald Trump on Tuesday ordered a ban on Alipay, WeChat pay and other apps linked to Chinese companies, saying they could route user information to the government in Beijing.
-
Ant Group’s IPO Debut Fiasco Set to Clip Its Wings, Dent Value
China's surprise suspension of Ant Group's record $37 billion (roughly Rs. 2,75,100 crores) listing is likely to delay rather than destroy its chances of a stock market debut though the financial technology giant's valuation and growth prospects are set to take a hit.
-
Alibaba’s Ant Group Faces Regulatory Pressure Ahead of Record IPO
Ant Group is facing growing Chinese pressure over potential risks in its online lending business, with co-founder Jack Ma and other executives summoned to an unusual meeting with regulators just ahead of its record-breaking IPO this week.
