Ant Group

Malaysia’s Kenanga partners China’s Ant to develop wealth super app

Malaysia-based Kenanga Investment Bank Berhad (Kenanga) has partnered with China-based Ant Group to develop Malaysia’s first wealth super app. Both parties have signed a Memorandum of Understanding (MOU) on the partnership, and under the MOU, Kenanga will leverage mPaaS, a mobile development platform from Ant Group’s digital technology unit, to launch the…

China’s regulator denies conducting work on Jack Ma’s Ant IPO revival; Ant says no plan to initiate IPO

The CSRC, however, also said that it "supports qualified platform companies to list within China and overseas".

Ant Group to become major shareholder of Singapore payment firm 2C2P

Singapore-based payments platform 2C2P and China-based FinTech firm Ant Group announced Monday a strategic partnership to accelerate digital payment adoption and innovation. The partnership, upon completion, will see Ant Group becoming the majority shareholder of 2C2P.

Ant-backed Indonesia’s Akulaku considers SPAC merger at $2B value – report

"Both parties have signed an exclusive relationship," a person familiar with the matter told TechNode Global.

Restaurant Brands International Inc. partners with Ant Group to accelerate digital transformation of its restaurant operations across Asia Pacific

Restaurant Brands International Inc. (RBI) has announced a regional partnership to leverage Ant Group’s digital solutions to accelerate digital transformation of its restaurant operations across Asia Pacific. This deal further complements RBI’s continuous efforts to support local franchisee operations and expansion in the Asia Pacific market.

Ant-backed Ascend Money hits $1.5B valuation with $150M new funding, becomes Thailand’s first tech unicorn

The funds will be used to grow the user base of its e-wallet application - TrueMoney Wallet - and to expand digital financial services, including digital lending, digital investment, and cross-border remittances across Southeast Asia.

Singapore’s F&B startup Chope & Alipay forms strategic partnership

Through this strategic partnership, Alipay will provide Chope with its mini program Software-as-a-Service (SaaS) and know-how, while Chope becomes Alipay's platform partner with the capability to integrate a variety of mini programs quickly and flexibly.

Vietnam’s Loship raises $12M in pre-Series C funding led by BAce Capital, Sun Hung Kai & Co

Loship marks a Vietnam foray for both of the lead investors BAce Capital and SHK & Co, as part of their strategies to capture the emerging market opportunities in Southeast Asia.

AIA Malaysia buys minority stake in Ant-backed e-wallet operator TNG Digital

AIA will offer Touch ‘n Go eWallet customers a seamless, convenient and frictionless experience, making it easy to buy, claim and renew policies.