China to Fine Ant Group More Than $1B as Regulatory Revamp Nears End: Sources November 22, 2022 Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma’s Ant Group, said six...
Chinese Regulators Seek More Control Over Internet Firms’ Algorithms August 30, 2021 Chinese regulators will exercise greater control over the algorithms used by Chinese technology firms to personalize and recommend content, the...
China’s Ant Eyes Options to Divest Founder’s Stake as Beijing Pressure Grows: Sources April 19, 2021 By Julie Zhu HONG KONG – Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology...
China’s Ant Group Wins Final Nod from Securities Watchdog for $35B IPO October 22, 2020 By Colin Qian, Julie Zhu and Meg Shen China’s Ant Group has won the final nod from the country’s top securities watchdog for the registration of its Shanghai...
Ant Group Eyes Raising $17.5 Billion via Hong Kong IPO Without Cornerstone Investors September 24, 2020 China’s Ant Group plans to raise about half of its $35 billion dual listing via the Hong Kong leg, without...
Taiwan Claims Alibaba-Linked Site Is Cyber Security Risk August 25, 2020 Taiwan declared an e-commerce platform linked to China’s Alibaba Group a potential security risk and has told its operator to...
Alibaba’s Ant Group Files for Dual Listing; Could Be World’s Largest IPO Ever August 25, 2020 By Julie Zhu Ant Group, Alibaba’s fintech arm and China’s dominant mobile payments firm, filed for a dual listing in Hong Kong and...
Alibaba’s Ant Group Makes Preparatory Filing in China for Giant IPO August 14, 2020 By Kane Wu Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China’s securities...
Google Partners with Indian Banks to Attract Users to Its Digital Payments Services August 29, 2018 By Sankalp Phartiyal Alphabet Inc’s Google said on Tuesday it is partnering with a handful of Indian banks to bring quick loans to...
Berkshire Invests $356M in One97, Parent of India’s Biggest Digital Payments Firm August 28, 2018 By Trevor Hunnicutt, Sankalp Phartiyal and Kane Wu Berkshire Hathaway Inc has acquired a 25 billion rupees ($356 million) stake in the parent of digital payments company Paytm,...