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China Tells Alipay Operator Ant Group To Separate app Lending Business

Beijing is angling to break up the super-app Alipay in order to make a new app for the company’s 1 billion-plus-user loans business, a...

China Mulls Harder Antitrust Rules For Payments Industry

China’s central bank has proposed stepping up antitrust measures for companies in the non-bank payments industry, such as Ant Group’s Alipay and Tencent’s WeChat...

China Regulator Considers Antitrust Probe Of Alipay, WeChat Pay

China’s State Council’s Anti-Monopoly Commission is considering investigating Alipay and WeChat Pay, two of the county’s biggest online payment and money transfer platforms, Reuters reported. The People’s Bank of China,...
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