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Ant still expects to take over MoneyGram despite rival bid
Ant Financial Services Group said on Wednesday it still expected to take over money-transfer network MoneyGram International Inc by the second half of 2017, despite an unexpected counterbid by a US competitor, which analysts said could threaten the deal.
March16,2017
Ant Financial tipped to be raising expansion funds
There's speculation that Ant Financial Services Group is in talks to raise over $3 billion (20.6 billion yuan) to bankroll its overseas expansion.
February10,2017
Ant Financial to offer farmers better financial services
Alibaba's financial branch Ant Financial announced Tuesday it will offer China's unbanked rural population more financial services to boost growth in rural areas.
December21,2016
Ant Financial makes inroads in South Korea
China's internet finance heavyweight Ant Financial Service Group gained another foothold in overseas expansion, after a local lender it helped launch obtained the first operating license for internet-only banks from South Korean regulators.
December16,2016
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