Ant’s Mega IPO Sets Up Jack Ma to Escalate War With Nemesis Tencent September 3, 2020 By Zheping Huang and Lulu Yilun Chen Ant Group’s late-summer IPO filing drove home why the business — backed by 711 million active users that spent $17...
Post-Covid Cold War World Will Be Tough for China’s Ant: Opionion August 28, 2020 By Nisha Gopalan, Bloomberg Opinion Ensconced in a lucrative niche at home, Jack Ma’s Ant Group nevertheless has to look outward. And expanding overseas has...
China’s Ant Financial Provides Health Coverage to 65 Million Clients for Pennies a Month May 21, 2019 By Bloomberg News Ping An Insurance (Group) Co. employed about 1.4 million people to peddle policies last year. Yet it’s Jack Ma’s newest...
Ant Financial Aims to Disrupt Health Insurance with New Chinese Health ‘Collective’ April 11, 2019 By Lulu Yilun Chen Billionaire Jack Ma’s Ant Financial has done more than perhaps any company to disrupt China’s gargantuan banking and asset-management industries....
China’s Ant Financial Buys UK Payments Company WorldFirst February 14, 2019 By Lulu Yilun Chen Ant Financial, the Chinese financial services giant controlled by billionaire Jack Ma, bought London-based payments company WorldFirst in its biggest...
Alibaba’s Ma to Step Down as Chairman in Year; Zhang Named Successor September 10, 2018 By Lulu Yilun Chen Alibaba is heralding the end of the Jack Ma era. A former English teacher who helped found Alibaba Group Holding...
Ant Financial About To Reap $10 Billion in Fundraising Round May 11, 2018 By Lulu Yilun Chen Ant Financial, the Chinese payments giant controlled by Jack Ma, is expected to close a fundraising of at least $10...
China’s New Systemic Risk Rules May Curb Giant Ant Financial May 8, 2018 There’s no other company on Earth quite like Ant Financial. Spanning online payments, insurance, lending, credit scores, asset management and...
Explaining Ant Financial’s $150B Valuation – and Investor Enthusiasm for China Tech April 18, 2018 By Kane Wu and Julie Zhu Ant Financial’s rapid climb to become the world’s biggest super unicorn valued by some investors at around $150 billion showcases...
China’s Ant Financial Targets at Least $8B in Investor Funding: Sources April 11, 2018 By Julie Zhu and Anshuman Daga China’s Ant Financial Services Group is in talks with investors to boost its fundraising target to at least $8 billion,...