Ant Group gets green light for $1.5 bn fundraising planAfter the deal goes through, Ant -- in which ecommerce titan Alibaba has a stake -- will have contributed a total of 9.25 billion yuan and ...
04 Jan, 2023, 11.45 PM IST
Jack Ma’s Ant Group wins approval for $1.5 billion capital planThe China Banking and Insurance Regulatory Commission division in Chongqing green-lit the company’s plan to lift its capital to 18.5 billio...
04 Jan, 2023, 08.19 AM IST
Investor Warburg cuts Ant valuation by 15% to below $200 billionWarburg's cutting of Ant's worth comes after some other global investors have already slashed their valuations and shows scepticism about i...
25 Nov, 2021, 11.58 AM IST
China's Ant Group increases registered capital by 47% to $5.4 billionAnt, an affiliate of e-commerce leader Alibaba Group Holding Ltd, said the increase was to support growth and was "according to relevant re...
11 Oct, 2021, 09.09 AM IST
Investors value China's Ant Group at over $200 bn after IPO halt: SourcesThe number is about a third above Ant's valuation after its last fundraising in 2018 when it emerged as the world's most-valuable unlisted ...
16 Mar, 2021, 07.35 PM IST
Global investors value China's Ant Group at over $200 billion: ReportThe number is at least a third above Ant's valuation after its last fundraising in 2018 when it emerged as the world's most valuable unlist...
16 Mar, 2021, 12.29 PM IST
China's Ant Group CEO leaves after failed IPO prompts revampHu, who was named the chief executive of the Alibaba Group Holding in 2019, will be replaced by company veteran and Executive Chairman Eric...
12 Mar, 2021, 10.03 PM IST
Ant Group reaches deal with China regulators on restructuringAn agreement on the restructuring of Ant, an affiliate of e-commerce giant Alibaba Group, would ease investor concerns about a regulatory c...
04 Feb, 2021, 08.51 AM IST
Zomato set to close $500 million pre-IPO funding roundWith the fresh capital, Zomato is expected to have a valuation of $5.5 billion and $1 billion in cash as it inches closer to an initial pub...
27 Jan, 2021, 10.40 AM IST
Alibaba plans $5 billion bond this month amid regulatory scrutiny: ReportDepending on investor response, proceeds could reach $8 billion which the e-commerce leader is likely to use for general corporate expendit...
06 Jan, 2021, 01.54 PM IST
Alibaba plans to raise at least $5 billon via dollar bond this month -sourcesDepending on investor response, proceeds could reach $8 billion which Alibaba is likely to use for general corporate expenditure, one of th...
06 Jan, 2021, 09.11 AM IST
Ant Group IPO: China's regulators summon Jack MaThe regulators on Monday met with Ant Group's co-founder Jack Ma, executive chairman Eric Jing and chief executive Simon Hu, without elabor...
02 Nov, 2020, 10.19 PM IST
China funds targeting Ant IPO rake in $9 billion from over 10 million investorsAn average of eight investors placed orders each second during the subscription period, highlighting retail frenzy over Ant’s IPO.
11 Oct, 2020, 03.42 PM IST
China's Ant takes another step towards $35 billion IPO with registration moveThe Shanghai Stock Exchange approved the listing plan last week.
23 Sep, 2020, 02.35 PM IST
At $150 billion valuation, this fintech firm is all set to dethrone Uber as world’s most valuable startupAnt Financial, in which Alibaba plans to acquire a one-third stake, controls the country’s premier mobile payments service and money market...
12 Apr, 2018, 11.52 AM IST
China's Ant ups fundraising target, valuation seen rising to $150 bln - sourcesSingapore state investor Temasek Holdings is likely to be the lead investor in the latest round of equity raising by the company.
10 Apr, 2018, 09.15 PM IST
Alipay owner said to plan Hong Kong IPO in first half of 2017Mainland China’s restrictions on stock options are discouraging Zhejiang Ant Small & Micro Financial Services Group Co. from its original p...
25 Aug, 2016, 03.38 PM IST