$Grab Holdings(GRAB.US)$ In addition to Grab, many technology companies are also investing in digital banking, which is very active in Southeast Asia. But it is hard to deny that this "super application" is the most prominent name. According to Fitch ratings, Southeast Asia is a "fertile" market for digital banks, because as many as 290 million people in the region do not have official bank accounts. This represents a huge untapped market, attract...
Alibaba‘s financial services arm$蚂蚁集团(688688.SH)$, have won the rights to a plot of land called “Fuyou” in Shanghai. Analysts have suggested that the move may indicate Alibaba is accelerating its split with Ant Group, so as to promote the latter’s restart of an IPO bid. Alibaba and Ant Group have been rooted in Hangzhou, Zhejing Province for a long time. Shanghai hosts certain decentralized businesses of Alibaba, such as the headquar...
$腾讯控股(00700.HK)$has already opted to shut down its digital collection platform Huanhe, while$蚂蚁集团(688688.SH)$has chosen to keep digging. Recently, Ant Group’s digital collection platform Jingtan officially launched an “entity customization” function, allowing users to customize some digital collections into derivative objects. More than 20 items have been supported so far, and the platform says mo...
$阿里巴巴-SW(09988.HK)$s fintech spin-off$蚂蚁集团(688688.SH)$revealed its intelligent risk control system for quickly detecting and intervening in fraudulent digital transactions. One of the key features in the multi-layered mechanism is a 90-second alert call by the platform’s AI assistant. Zhao Ke, a representative of Ant Group, said that the system could provide tailored evaluations by analyzing real-time feedback from users duri...
Alibaba and its financial services arm, Ant Financial, have launched a version of its OceanBase distributed relational database to target markets outside of China. Recently released, OceanBase 4.0 can run on basic terminals - nodes, in the world of distributed databases - such as Raspberry Pi, and it is MySQL compatible. "The features of this latest version make it usable by small and medium-sized businesses," Alibaba said. This version also b...
Tencent and a group of key industry players jointly announced that they will form the Carbon-Neutrality Professional Committee and Global Carbon Neutral Technology Alliance to help break down technological barriers to addressing the climate crisis. As part of the new alliance, the companies pledged to disclose 189 carbon neutrality related patents and technologies for free, with the aim o...
Heyongming, vice president of Ant group and general manager of Alipay ecological development department, revealed at the Alipay Partner Conference that in the past year, Alipay has opened 78 general-purpose products, built more than 200 scenario solutions with partners, and the monthly life of small programs has increased by nearly 30%. At the...
Alibaba is unwinding its links to its fintech spinoff Ant Group. Ant Group and Alibaba are independently seeking new business, sources said. The affiliates have started to restrict access to each other’s services, compete for clients and even strike alliances with rivals, said the sources. $阿里巴巴(BABA.US)$$阿里巴巴-SW(09988.HK)$$蚂蚁集团(688688.SH)$$蚂蚁金服概念(LIST1287.HK)$$蚂蚁金服概念(LIST0362.SH)$
whqqq : OK. We will be clear when the financial report comes out tomorrow.