Alibaba’s Ant Group Buys Majority Stake In Singapore Fintech 2C2P - Forbes


4/19/2022 12:00:00 AM3 yearsago
by Jonathan Burgos

Ant Group—backed by Chinese e-commerce giant Alibaba—has agreed to acquire a majority stake in Singapore-based fintech company 2C2P as the operator of e-wallet Alipay expands further into Southeast Asia.

The Ant Group Co. headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Alibaba Group ... [+] Holding Ltd.'s fintech affiliate Ant Group Co. had its initial public offering torpedoed just bef… [+2335 chars]

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