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Ant Financial is the world's largest third-party payments platform. JD Finance uses its e-commerce expertise to provide finance across seven business areas, including consumer finance, crowdfunding and payment services. Du Xiaoman Financial provides short-term loan and investment services.

Ant Financial Services Group has lashed out at rival Euronet Worldwide in an increasingly hostile battle for a United States money transfer company.

Apoorva Mehta

Another 500 billion yuan of re-lending and re-discount quota is now supporting an increasing number of micro, small and medium-sized firms to get loans at rates below 4.55 percent, the meeting said.

Another report this week by Re/code suggested that Amazon.com may be looking to expand its gaming console efforts, following its?acquisition of Double Helix Games. Picking up on a job listing for an industry veteran with?“Android and iOS game development experience” — the position has led some to speculate that Amazon might be working on its own gaming console.