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China's Ant Financial buys helloPay

Published Wed, Apr 19, 2017 · 09:50 PM

Beijing

ANT Financial, the payment affiliate of Alibaba Group Holding Ltd, has acquired Singapore-based payment service helloPay Group, as part of the Chinese firm's drive to boost its Alipay brand and presence in South-east Asia.

helloPay is the payment subsidiary of e-commerce firm Lazada Group, which is majority-owned by Alibaba after a US$1 billion deal in 2016, and will be re-branded as Alipay in relevant markets, including Singapore, Malaysi…

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Companies & Markets

Companies & Markets

China's Ant Financial buys helloPay

Companies & Markets

Middle East violence brings fears of rate hikes, inflation back to markets

Tokyo's Nikkei drops more than 1,000 points, most in 3 years

Cordlife requests trading halt after dropping 15.2% to all-time low, pending announcement

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

Inside TSMC chairman Mark Liu's short but impactful reign

CSE Global bags US$36.5 million data centre contract extension

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