Visit of Alibaba and Ant Financial in Hangzhou, 26./27.03.2018

Our team visited Alibaba and its affiliate Ant Financial in Hangzhou for discussions and presentations.

Ant Financial’s Alipay has processed the incredible number of 256,000 transactions per second on the last Chinese Singles’ Day (11 November 2017).

And its other products, like the money market fund Yu’e Bao (Hidden Treasure) or its consumer loan service Huabei (Just Spend), are as impressive and successful.

Ant Financial also implements an important mission of financial inclusion by bringing financial services to remote rural areas of China.

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