{"id":34637,"date":"2016-11-01T15:59:44","date_gmt":"2016-11-01T07:59:44","guid":{"rendered":"http:\/\/www.chinamoneynetwork.com\/?p=57107"},"modified":"2016-11-01T15:59:44","modified_gmt":"2016-11-01T07:59:44","slug":"ant-financial-to-acquire-minority-stake-in-thailands-ascend-money","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2016\/11\/01\/ant-financial-to-acquire-minority-stake-in-thailands-ascend-money\/","title":{"rendered":"Ant Financial To Acquire Minority Stake In Thailand's Ascend Money"},"content":{"rendered":"<img width=\"560\" height=\"402\" src=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/antfinacial.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"antfinacial\" style=\"display: block; margin: auto; margin-bottom: 5px;\" srcset=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/antfinacial.jpg 560w, http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/antfinacial-300x215.jpg 300w\" sizes=\"(max-width: 560px) 100vw, 560px\" \/>Ant Financial Services Group, the financial services affiliate of Alibaba Group Holding Ltd., has accelerated global expansion plans as it took a minority interest in Thailand's online payment firm Ascend Money. Details of the deal were not disclosed but media reports indicated that Ant Financial is taking a 20% stake initially, with an option to [&#8230;]<p><br>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"560\" height=\"402\" src=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/antfinacial.jpg\" alt=\"antfinacial\">Ant Financial Services Group, the financial services affiliate of Alibaba Group Holding Ltd., has accelerated global expansion plans as it took a minority interest in Thailand's online payment firm Ascend Money. Details of the deal were not disclosed but media reports indicated that Ant Financial is taking a 20% stake initially, with an option to [&hellip;]<\/p>\n<p>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"author":167,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46,807,194],"tags":[7075,7593],"class_list":["post-34637","post","type-post","status-publish","format-standard","hentry","category-alibaba","category-investments","category-news-chinese-law","tag-ant-financial","tag-fund-news"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34637"}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/167"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=34637"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34637\/revisions"}],"predecessor-version":[{"id":34638,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34637\/revisions\/34638"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=34637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=34637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=34637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}