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CHINA ANT GROUP
Microsoft makes big AI inroads in China by selling OpenAI modelsMicrosoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...- China's Tencent to allow PayPal payments through its WeChat networksChinese tech giant Tencent is enabling PayPal users to pay with QR codes across China through its WeChat Pay network. This move aims to att...
- Is Donald Trump losing Iran war? Strait of Hormuz holds keyDonald Trump is now at risk of seeing the U.S. and its Gulf Arab allies emerge from the conflict worse off while Iran, though battered mili...
- Three months in, is Trump losing the Iran war?America's military actions against Iran three months ago are now being questioned. President Trump faces doubts about achieving a clear geo...
- After AI, China unicorns are eyeing global domination in robotic humanoidsLinkerbot currently holds over 80 per cent of the global market share in high-degree-of-freedom (DoF) robotic hands.
- Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
- Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
- China's Ant Group to exit Paytm: ReportChina's Ant Group plans to fully exit Indian fintech firm Paytm by selling its remaining 5.84% stake via block deals worth $433.72 million....
- Ant Group's President Han to become CEO in March; Jing to stay as chairmanCyril Han, the current president and financial chief of Ant Group, is set to become the new chief executive starting March 1st. He replaces...
- Ant Group plans restructuring, paving way for Hong Kong IPO: reportThe Alibaba Group affiliate is looking at excluding its blockchain, database management services and international businesses from a main e...
- China ends Ant Group's regulatory revamp with $984 million fineChina's central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group.
- China to end Ant Group's regulatory revamp with fine of at least $1.1 billionChinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with di...
- China to end Ant Group's regulatory revamp with fine of at least $1.1 billionThe People's Bank of China (PBOC), which has been driving the revamp at Ant after its $37 billion IPO was scuttled in late 2020, is expecte...
- China expected to lower fine on Ant Group to about $700 million: reportChinese authorities, notably the People's Bank of China (PBOC) which has been driving a revamp at Ant after its $37 billion IPO was scuttle...
- Beijing gives initial nod to revive Ant IPO after crackdown coolsAnt, an affiliate of Chinese ecommerce behemoth Alibaba Group Holding Ltd, aims to file a preliminary prospectus for the share offering in ...
- Ant Group to restructure as a financial holding company: China's PBOCUnder terms of the agreement with People's Bank of China, Ant Group will cut "improper" linkage between payments service AliPay, virtual cr...
- 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...
- Ant Group CEO Simon Hu resigns, Eric Jing to replace himSimon Hu’s resignation as Ant Group CEO comes at a time when the fintech giant is being pushed by regulators to revamp operations after its...
- China's Ant Group said to plan revamp amid regulatory pressureChina's Ant Group is planning to refashion itself as a financial holding company under the supervision of People's Bank of China, the Wall ...
- Ant Group: All you need to know about this Chinese fintech sensation
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