Philippines' Largest Digital Wallet GCash Adds USDC Support [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: Yahoo! Finance
Publicly available data shows that GCash, which is similar to China's Alipay or WeChat Pay, does over $65 billion (3.8 trillion Philippine Pesos) in annual transaction volume. Filipino remittances reached a record $38.3 billion in 2024, and account for approximately 8%-10% of the country's GDP. Alipay owner-Ant Group, Ayala Corporation and Manilla-based Globe Telecom's 917Ventures own GCash operator Mynt. GCash offers crypto services via its GCrypto subsidiary, which has partnered with locally licensed crypto exchange PDAX. In total GCrypto offers 39 different assets to trade on its platform, including Paypal's PYUSD stablecoin. Stablecoin-based transfers are growing as a share of the market but remain relatively small, with less than 5% of all inbound remittances using crypto rails. Recently, Bloomberg reported that GCash could seek an IPO valuation of at least $8 billion by the end of 2025. The company, reportedly, is in no rush to go public as it recently completed a fun
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- Where Will Alibaba Stock Be in 5 Years? [Yahoo! Finance]Yahoo! Finance
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- Tech giants go prime time in the fight for China's biggest audience [Yahoo! Finance]Yahoo! Finance
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- 1 Reason I'm Never Selling Alibaba Stock [Yahoo! Finance]Yahoo! Finance
BABA
Earnings
- 11/25/25 - Beat
BABA
Sec Filings
- 12/29/25 - Form 6-K
- 12/4/25 - Form 6-K
- 12/4/25 - Form 6-K
- BABA's page on the SEC website