Alibaba Group Holding Ltd (BABA.N)
21 Feb 2017
NEW YORK Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook Inc's chat application, as competition in the digital payments landscape intensifies.
NEW YORK, Feb 21 Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook Inc's chat application, as competition in the digital payments landscape intensifies.
* Ant valued at $60 bln, planning IPO (Adds analyst comment, details on Ant overseas push)
MUMBAI, Feb 20 Uber users in India, who until now had Chinese Internet giant Alibaba-backed PayTM as the only payment wallet option available to book a ride, will now be able to pay through Reliance Jio Infocomm's Jio Money.
BEIJING China's Alibaba Group Holding Ltd said it formed a strategic partnership with Bailian Group, the largest retailer by store numbers to join the e-commerce giant's drive to use big data to improve and profit from brick-and-mortar sales.
* Follows stake taken in Suning Commerce, plans to control Intime
Hong Kong China's Sun Art Retail Group Ltd offered a slightly downbeat outlook for growth in its mainstay hypermarket business on Monday, as investors dumped its stock after hopes for a tie-up with Alibaba Group Holding Ltd were dashed.
* Says does not rule out online tie-up (Adds Sun Art comments, context)
* clarifies on news article titled “Alibaba owner invests in Globe unit” in the philippine star
SHANGHAI, Feb 20 Chinese tech giant Alibaba Group Holdings Ltd has formed a strategic partnership with supermarket operator Bailian Group, extending its push into bricks-and-mortar retail as online growth slows.