Alibaba unit Ant Financial to buy 20% stake in Bangladesh payments firm bKash

Ant Financial
A logo of Ant Financial is displayed at an event of the company in Hong Kong, China November 1, 2016. REUTERS/Bobby Yip

Ant Financial, a unit of Alibaba’s payment arm Alipay, is buying 20 per cent stake in Bangladeshi mobile financial services provider bKash, according to reports by local media.

Continue reading this story with a subscription to DealStreetAsia.


Should your colleagues be reading this article too? Contact us for corporate subscriptions at