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 Alibaba’s conquest to own a piece of the global money transfer industry just suffered a huge blow after Euronet outbid its fintech affiliate business for the proposed acquisition of MoneyGram, a population option for cross-border money transfers. Ant Financial, the Alibaba-controlled unit that runs its Alipay mobile wallet among other services, bid $880 million for Moneygram back… Read More
https://techcrunch.com/2017/03/14/euronet-alibaba-ant-financial-moneygram/?ncid=rss
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