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TECH 11 Apr 2019 | 4:51 AM

Millions rush to join a wild new health plan from Jack Ma’s Ant

Billionaire Jack Ma’s Ant Financial has done more than perhaps any company to disrupt China’s gargantuan banking and asset-management industries. Now it’s trying to re-imagine health insurance.

Investment 01 Jun 2018 | 12:00 AM

Jack Ma’s Ant Financial to raise funding to over US$12bil

HONG KONG: Billionaire Jack Ma’s Ant Financial is lifting its fundraising target to more than US$12bil by bringing in existing Chinese shareholders in a yuan-denominated financing round, people familiar with the matter said.

Business 27 Jan 2017 | 12:00 AM

Jack Ma’s Ant Financial close to buying MoneyGram

BEIJING: Ant Financial, the Alibaba affiliate controlled by billionaire Jack Ma, is close to sealing a deal to buy US money-transfer service MoneyGram International Inc, the Wall Street Journal reported citing people familiar with the matter.

Business 27 Sep 2016 | 12:00 AM

Jack Ma’s Ant Financial expects record sales

SHANGHAI: Ant Financial, the Chinese payments giant controlled by billionaire Jack Ma, expects this year’s Singles’ Day shopping extravaganza to top 2015’s roughly US$14bil as domestic consumption remains resilient despite an economic slowdown.