Alibaba Group launches Internet bank
Chinese e-commerce behemoth Alibaba on Thursday launched an Internet bank aimed at serving small businesses which often struggle to obtain credit from large banks.
Jun 25, 2015, 17:54 PM ISTAlibaba affiliate launches Internet bank for SMEs, "little guys"
Alibaba Group Holding Ltd`s financial affiliate launched on Thursday Internet bank MYbank, targeting the small- and medium-sized Chinese enterprises that have struggled to obtain credit from major financial institutions.
Jun 25, 2015, 16:16 PM IST