Alibaba’s Ant Financial To Invest In Caixin Media

Ant Financial, the Internet finance arm of Alibaba Group Holding Ltd., is in talks to make a strategic investment in Chinese business news company Caixin Media, according to Chinese media reports. The move follows Alibaba's acquisition of Hong Kong’s South China Morning Post newspaper group announced last December and a US$185 million injection in China […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Read the original article: China Money Network