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ANT FINANCIAL SERVICES
A shadowy Oman-Iran plot provoked Trump’s “blow ’em up” threatUS President Donald Trump has sent a stark message to the Sultanate of Oman, warning of potential military repercussions should it move for...- SpaceX, the sprawling company targeting the stars, Mars and an IPOSpaceX, founded by Elon Musk, is now a dominant force in the commercial space industry, aiming for Mars colonization and Moon missions with...
- 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 ...
- Paytm CEO Vijay Shekhar Sharma becomes sole beneficial owner in co as Antfin cuts stake"We have been informed by AntFin, that their shareholding in the company has reduced from 23.79% to 9.90% of the total equity share capital...
- Bank plus fintech: Double the powerBanks have been slow to leverage digitalisation and data, while fintech firms collect data from multiple sources on their customers, market...
- China's Ant Group shares credit data with central bank"The inclusion of Huabei's credit information into the credit reporting system will help users' credit information be more comprehensive," ...
- Ant considers holding company with regulation similar to bank: ReportChinese regulators on Sunday ordered Ant to devise a plan to overhaul its business, the latest in a series of steps to rein in Ma's online ...
- Ant Group faces US headwinds in race to IPO before Trump voteAnt is said to be targeting a valuation of $250 billion, which would make it one of the world’s most valuable financial firms ahead of Bank...
- Ant talks of significant influence over PaytmAnt Group's stake in the Paytm parent would be pegged at about $5 billion, based on the $16 billion valuation ascribed to its business when...
- Jack Ma’s Ant seeks $200 billion value in landmark dual IPOThe crown jewel of the sprawling Alibaba empire, Ant has been accelerating its evolution into an online mall for everything from loans and ...
- Zomato food delivery business pushes revenue to $206 millionIn its annual report for 2018-19, the Gurgaon-based company said its revenue run rate was at $350 million.
- SBI Holdings subsidiary invests $15 million in AntWorksAs part of the strategic partnership, SBI Holdings and Singapore-headquartered AntWorks have also formed a joint venture to tap opportuniti...
- Ratan Tata's RNT to invest $150 mn in Ant Financial ServicesThe proposed investment in Ant Financial will be the first known investment outside India for the UCRNT Fund.
- 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.
- China third-party mobile payments climbs to USD 5.5 trillionData showed that value of Chinese third-party mobile payments has tripled to 38 trillion yuan (USD 5.5 trillion) in 2016
- Alibaba's financial arm acquires MoneyGramThe company owns Alipay, one of China's biggest online payment platforms and controls the company that manages the country's largest market...
- Alibaba, Ant Financial invest about $680 million in Paytm, up stake to 40%Chinese e-commerce giant Alibaba Group Holding has made a strategic investment in One97 Communications, the parent company of Paytm.
- How Alibaba is helping Paytm grow from being a startup to a large companyAlibaba is building a network of international merchants who will accept Alipay wallets. Paytm could piggyback on this network.
- Chinese come calling: At $5 bn valuation, Alipay to buy 25% stake in MicromaxThe move is a big push for Micromax, valuing India’s No. 2 handset maker at around $4-5 billion (approximately Rs 24,000-30,000 crore).
- China's AliPay opens account in India with 25% stake in One97The deal is Ant Financial’s first-ever investment into an Indian firm and highlights the potential growth of the country's digital sector.
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