Ant Financial backs new front in China’s logistics ‘smart network’

For corporate treasurers in the logistics sector, China’s big tech is getting serious. A new round of funding for Keking means fintech and data will lead the way

By Carol Huang

Dec 4, 2018

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Logistics is big business in China and for corporate treasurers dealing with payment systems and finance services, the country’s fintech space offers real efficiencies and cost savings – a fact not lost on giants such as Alibaba and its fintech affiliate Ant Financial who are making a concerted push into the sector.

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Digitalisation Funding & Investment Payments Strategy Treasury Themes