Alibaba’s Ant Financial takes control of HelloPay to extend its reach in Southeast Asia

article was originally published on TechCrunch.

 Another day, another deal to widen the reach of Ant Financial, the fintech-focused Alibaba affiliate. This week, Ant Financial announced that it is picking up HelloPay, the payments firm attached to Lazada, which Alibaba bought a major share in for $1 billion last year. HelloPay was founded in November 2014 by Lazada to develop payment services for its e-commerce business. The deal is an… Read More

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