Currently the most valuable fintech company in China, Alibaba’s Ant Financial owns a myriad of businesses: China’s largest payment tool AliPay and a variety of financial services in areas like banking, funds, insurance, credit scoring systems, etc. With over 400 million active users, it has ambitions to expand further into the Chinese hinterland as well as into global markets—something never done by Chinese financial companies before. How will Ant realize its elephantine goals? What is the logic behind its diverse businesses and which one is the focus? Can Ant become the Taobao of the financial industry? We offer some answers.
With companies like Baidu, Alibaba and Tencent branching out into new areas, China is witnessing the rise of a new breed of digital conglomerates.
How to extract the maximum value from your big data initiatives without falling into the hidden traps.
Big data promises to revolutionize the work of business and government, and China’s largest internet companies are leading the way
Steve Blank, entrepreneur and founder of the Lean Startup movement, on how Beijing taught him the world no longer revolves around Silicon Valley.
The government should step in and regulate digital monopolies because at the end of the day, healthy competition benefits all.
Sudhanshu Palsule on what it means to be a leader in a world without distance or hierarchy
Online and mobile dating should be a natural fit for the country, so why are are dating sites in China not making more money? Swirling pools of onlookers and parents pore over a bulletin board in Shanghai’s bustling marriage market, nestled in People’s Park in the city’s center, occupying what was formerly a colonial racetrack. Filled with […]
The week that was: metal-financing fraud puts small traders in risks; forex interest rate liberation expands in Shanghai; Xunlei files for IPO; and Fosun buys into US film studio. China’s metal-financing scandal: ramifications Missing stockpiles of metals used as collateral to secure bank loans at China’s third largest port has caused domestic and international lenders to […]
Maybe not so soon… but the tech scene in China is big—and getting bigger. For the past 40 years, Silicon Valley has been to the digital revolution what Detroit was to the automotive revolution–or Manchester to the first industrial revolution, for that matter. But will it last? A growing number of technology executives now believe […]