Investor Warburg Cuts Valuation of Ant Group by 15% to Below $200B: Source November 24, 2021 By Julie Zhu, Kane Wu and Nikhil Nainan HONG KONG – Warburg Pincus, a major global investor in Ant Group, has cut its valuation of the Chinese fintech...
China’s Ant Group Reports 39% Rise in Profits on Investment Gains November 18, 2021 By Patrick Winters Ant Group Co.’s profit rose an estimated 39% in the June quarter, attributed to a gain in investments as billionaire...