ANT Financial Stock
Online payment services provider
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About ANT Financial Stock
Alipay is an online payment services provider. Founded by the Alibaba group, it allows individuals and businesses to execute payments online in a secure manner. Alipay's users are primarily buyers and sellers engaging in e-commerce transactions. With a registered user base of approximately 43.5 million as of June 2007, Alipay is an accepted online payment method for many online retail websites and service providers in China. Clearly, it is also the main payment method on sister site Taobao.
Based on its huge customer based, has developed a complete online wallet which offers many services associated with payments while partnering with taxi-hailing services, cinema-theater booking services and so on.
Alipay has partnered with some leading Chinese banks including Bank of China, China Construction Bank, Agricultural Bank of China, and the Industrial and Commercial Bank of China; it also has a valuable partnership with Visa.
Funding History
| July 2015 | $0 |
|---|---|
| April 2016 | $4.5B |
| May 2017 | $3.5B |
| June 2018 | $14.0B |
Management
Product Manager
June Gao
General Manager
Venetia Lee
Chief Technology Officer and International Business Group's Chief Operating Officer
Cheng Li
Regional Business Development Director
Allan Zhao
Senior Director
Jed Lin
Senior Business Manager
Amy Qin
Executive Chairman and Chief Executive Officer
Eric Jing
Technical Director of Artificial Intelligence Department
Zixia Sheng
Techleader
Jiashui Wang
Chief Compliance Officer, Americas
Victoria Liu Edison
Press
TechCrunch - Mar, 16 2020
TransferWise partners with Alipay for international money transfersTechCrunch - Mar, 4 2020
Alipay owner Ant Financial takes minority stake in KlarnaTechCrunch - Dec, 22 2019
China Roundup: Ant Financial’s new boss and Tencent’s army of new appsWall Streets Journal - Dec, 8 2019
A $7 Credit Limit: Jack Ma’s Ant Lures Hundreds of Millions of BorrowersForbes - Nov, 6 2019
Quiet On The Western Front, US China Drug Cooperation, MSCI Pro-Forma Tomorrow, Baidu/IQ Earnings Post CloseNew York Times - Nov, 1 2019
Alibaba Offers a Positive Signal Amid China’s Sagging GrowthForbes - Oct, 10 2019
There’s An Art To Artificial IntelligenceForbes - Oct, 7 2019
Agriculture Gets A Blockchain Boost Through Bayer And Alibaba’s Ant FinancialWall Streets Journal - Sep, 23 2019
Chinese Tech Companies Turn to Financial ServicesTechCrunch - Aug, 26 2019
Megvii, the Chinese startup unicorn known for facial recognition tech, files to go public in Hong KongForbes - Aug, 14 2019
China's Digital Currency Is Unlikely To Be A CryptocurrencyForbes - Jul, 30 2019
The Fintech Revolution: Who Are The New Competitors In Banking?TechCrunch - Jul, 14 2019
Hellobike, survivor of China’s bike-sharing craze, goes electricForbes - Jul, 8 2019
Amazon's Impending Invasion Of BankingTechCrunch - Jun, 26 2019
Splyt wants to connect the world’s ride-hailing apps for easy international roamingWall Streets Journal - Jun, 23 2019
Facebook’s Libra Is a License to Print MoneyForbes - May, 24 2019
The Amazing Ways Chinese Face Recognition Company Megvii (Face++) Uses AI And Machine VisionForbes - Apr, 14 2019
China's Philanthropic Growth Drives World's Next Big Impact PowerhouseForbes - Apr, 4 2019
Bike Sharing Has Descended Into A Horrible Game Of Chicken.TechCrunch - Mar, 29 2019
Grab is talking to Ant Financial and PayPal about spinning out its financial services businessFast Company - Mar, 10 2019
Will Hurd will be heard on China’s threat to U.S. dominanceTechCrunch - Feb, 28 2019
Tiger Global and Ant Financial lead $500M investment in China’s shared housing startup DankeTechCrunch - Feb, 21 2019
Alibaba hits the gas on mobility as its bike sharing service adds carpoolingTechCrunch - Feb, 14 2019
Alibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700MTechCrunch - Feb, 14 2019
Daily Crunch: Facebook (possibly) considered buying UnityTechCrunch - Feb, 13 2019
China’s Alipay digital wallet is entering 7,000 Walgreens storesTechCrunch - Jan, 17 2019
New policy puts revenue squeeze on China’s payments giantsTechCrunch - Jan, 16 2019
Fiserv is buying First Data in a $22B fintech megadealTechCrunch - Dec, 28 2018
Alibaba-backed Hellobike bags new funds as it marches into ride-hailingTechCrunch - Dec, 18 2018
How a Chinese anti-virus software maker builds a fintech firm to wrestle with giantsForbes - Dec, 17 2018
The Amazing Ways Facial Recognition AIs Are Used In ChinaTechCrunch - Dec, 12 2018
Lazada, Alibaba’s Southeast Asia e-commerce business, gets a new CEOTechCrunch - Dec, 9 2018
Payment service Toss becomes Korea’s newest unicorn after raising $80MNew York Times - Dec, 5 2018
China’s 2018 Venture Capital Binge Could Turn Into a HangoverEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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