You are here

Alibaba, finance arm launch e-commerce tracking index

It further steps up finance network with an online bank, called MYbank, that's set to launch in June

BT_20150410_SYALI10_1608747.jpg
Ant's Alipay online payment service is China's most popular. Analysts say this gives Alibaba and Ant what is possibly the country's best data on consumers and small businesses' finances.

Shanghai

ALIBABA Group Holding Ltd and its finance affiliate accelerated a drive to be a full-fledged Chinese online financial network with the launch on Thursday of an e-commerce tracking stock index and plans for a June start of an Internet bank.

Ant Financial Services Group's

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom