ant financial

A few biggies’ failure hasn’t ended the clamour for Indian food-tech. Ask Amazon

A few biggies’ failure hasn’t ended the clamour for Indian food-tech. Ask Amazon

It is uniquely placed to pull it off amid fierce competition.

Female-founded startups landed more deals globally in 2019 than ever before

We all know the disruptive stories of female-founded startups like Glossier and ezCater. And we also know how those success stories belie the much harder time thousands of other women entrepreneurs

Alipay owner Ant Financial takes minority stake in Klarna

Some big moves in the payments platform space: Ant Financial Group, the owner of China’s Alipay payment platform, has announced it’s taking a minority stake in Swedish payments platform Klarna .
Central banks are contemplating a world without cash

Central banks are contemplating a world without cash

More than a dozen central banks are considering how and whether to create a digital form of cash.

How Bykea is winning Pakistan’s ride-hailing and delivery market

Increasingly, the streets of Karachi and Lahore are being flooded with men riding bikes and wearing green T-shirts, a writer friend recently told me. In a sense, these men represent the emergence of
China no longer runs the world’s largest money market fund

China no longer runs the world’s largest money market fund

Yu’e Bao, which means “leftover treasure,” has ceded its title to JPMorgan and Fidelity.
Ola proved itself smarter than Uber in India’s food-tech space

Ola proved itself smarter than Uber in India’s food-tech space

For now, it looks like Ola can have its cake and eat it too.
Investors in wannabe super apps must remember that India is not China

Investors in wannabe super apps must remember that India is not China

Diversity of India's online population is a challenge.

Unlike Libra, Digital Yuan Will Not Need Currency Reserves to Support Value: PBOC Official

PBOC wants to distinguish its own digital currency from rival private initiatives.

Who will the winners be in the future of fintech?

In a world where people access their financial services through one universal hub, which companies are the best-positioned to win?
China Roundup: Ant Financial’s new boss and Tencent’s army of new apps

China Roundup: Ant Financial’s new boss and Tencent’s army of new apps

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, we are looking at

Alibaba Patents Would Secure, Accelerate Its Consortium Blockchain

Chinese internet giant Alibaba Group has won two U.S. patents designed to make its blockchain network safer and faster.
China’s Alipay users will get financial advice for the first time

China’s Alipay users will get financial advice for the first time

China's apps are making sophisticated financial services available to the masses.

Anyscale, from the creators of the Ray distributed computing project, launches with $20.6M led by A16Z

Open source has become a critical building block of modern software, and today a new startup is coming out of stealth to capitalise on one of the newer frontiers in open source: using it to build and
How China’s Alibaba and Tencent are divvying up India’s unicorns

How China’s Alibaba and Tencent are divvying up India’s unicorns

For many Chinese investors, India reminds them of China during the 2000s when the country experienced the emergence of its first generation tech champions.

Uber all set to sell Uber Eats’ India business to Zomato

Uber is in advanced stages of talks to sell its food delivery service (Uber Eats India) to local rival Zomato as the American ride-hailing giant looks to cut its global spending, three people familiar
How to set up and use an Alipay account as a tourist in China

How to set up and use an Alipay account as a tourist in China

Here is a step-by-step guide on how to set up an Alipay TourPass account, and how to use it in China.
Threatened by Walmart, WhatsApp, and UPI, Paytm is trying something new

Threatened by Walmart, WhatsApp, and UPI, Paytm is trying something new

As the competition heats up, India's biggest payment app is throwing cash not only at its core business but also at a wide range of other ventures.
Nubank is leading the fintech gold rush in Latin America

Nubank is leading the fintech gold rush in Latin America

And unlike many other venture-backed fintech upstarts, the six-year-old Brazilian bank is cashflow positive.
Is Ant Financial still worth $150 billion?

Is Ant Financial still worth $150 billion?

"Ant Financial has done something that western unicorns have not: make a consistent profit.”