Ant Financial

Alibaba and Ant Financial Invests $1.25 Billion in Chinese Food Delivery Service Ele.me

Ele.me secured a $1.25 billion investment from Alibaba and its finance business unit Ant Financial. China’s O2O business market are now booming as most Chinese consumers are using smartphones to do their daily activities.

Read Full Article

Jack Ma To Extend His Media Dynasty Through Acquiring Stake In Caixin Media

Ma is going to expand his control in media arena through acquiring stake in Caixin Media. However, the media company has confirmed that the potential investors primarily agreed not to interfere in Caixin’s editorial interest. Details of the possible deal hasn’t been available from either party.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics