• 11/29/2024

Chinese fintech giant Ant Group spins off database firm OceanBase, giving Alibaba a stake

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

A new funding round for OceanBase, which develops the database tech behind Alipay, gives 35 companies a stake, paving the way to a possible public listing.

https://www.scmp.com/tech/big-tech/article/3268913/chinese-fintech-giant-ant-group-spins-database-firm-oceanbase-giving-alibaba-stake?utm_source=rss_feed