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Tencent faces broad China clampdown on Fintech, DealsAsia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s o...
Jack Ma’s Ant seeks $200 billion value in landmark dual IPOThe crown jewel of the sprawling Alibaba empire, Ant has been accelerating its evolution into an online mall for everything from loans and ...
WhatsApp stirs up India with push into digital paymentsWith more than 200 million Indians already using its messaging, WhatsApp is piloting a payment service that lets them transfer money to eac...
Why Alibaba's Jack Ma and Paytm's Vijay Shekhar Sharma are best friends nowAlibaba is now working closely with Noida-based Paytm in helping the latter build scale, fraud detection systems and fulfillment systems.
China's web giants Alibaba and Tencent do battle over 'hong bao' ahead of Chinese New YearHowever, Tenpay only controlled four per cent of the market before the red envelope campaign debuted on WeChat in 2014.
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