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...
04 Sep, 2023, 11.20 AM IST
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...
14 Oct, 2021, 11.06 PM IST
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," ...
23 Sep, 2021, 12.58 PM IST
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 ...
29 Dec, 2020, 11.15 AM IST
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...
08 Oct, 2020, 07.01 PM IST
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...
26 Aug, 2020, 11.30 AM IST
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 ...
21 Jul, 2020, 08.58 AM IST
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.
06 Apr, 2019, 07.09 AM IST
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...
31 Jul, 2018, 09.36 AM IST
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.
08 Jun, 2018, 08.34 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
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
25 Feb, 2017, 04.21 PM IST
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...
27 Jan, 2017, 10.28 AM IST
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.
30 Sep, 2015, 01.21 AM IST
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.
09 Sep, 2015, 03.32 PM IST
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).
27 Apr, 2015, 10.38 AM IST
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.
05 Feb, 2015, 02.28 PM IST