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ANT GROUP CEO
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.- 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 ...
- Trendyol, Baykar CEO, ADQ and Ant International to develop fintech platform in TurkeyThe four parties signed a memorandum of understanding to form a platform that would provide services including digital payments, loans, dep...
- From Paytm to MakeMyTrip: How Indian startups are unwinding Chinese ownershipIndia’s largest online travel platform plans to raise $3 billion through a mix of debt and equity to buy back shares from Trip.com Group. O...
- China's Ant Group to sell 4% stake in Paytm for $242 million, term sheet showsAnt, an affiliate of Chinese conglomerate Alibaba Group , will sell the stake at Rs 809.75 per share, a discount of 6.5% to Paytm's closing...
- 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 reshuffle: Han Xinyi appointed new president in biggest restructuringSome units of Ant Group will set up their own boards of directors to operate more independently, according to a source who saw an internal ...
- Ant Group close to buying MultiSafepay in about $200 million dealAnt Group is closing in on a deal to buy Dutch payments firm MultiSafepay as part of the Chinese financial technology group's latest push i...
- Japan's advertising Co Hakuhodo picks up 51% in MA&THJapanese advertising major Hakuhodo has acquired a 51% stake in Indian brand and entertainment agency group Marching Ants & Trigger Happy E...
- Alibaba lays off nearly 10,000 employees amid poor salesAccording to South China Morning Post, more than 9,241 employees left Hangzhou-based Alibaba during the June quarter, as the company trimme...
- Ant Group executives step down from Alibaba PartnershipAnt in a statement said the move was "part of our continuous efforts to enhance corporate governance".
- Ant, Alibaba plan for less intertwined future after China crackdownIn moves that would have been inconceivable two years ago, the affiliates have started to restrict access to each other's services, compete...
- Timeline: Events leading up to China's $2.75 billion fine on AlibabaAlibaba has come under intense scrutiny in China since its billionaire founder Jack Ma's stinging public criticism of the country's regulat...
- Timeline: Events leading up to China's $2.75 billion fine on AlibabaThe Alibaba business empire has come under intense scrutiny in China since its billionaire founder Jack Ma's stinging public criticism of t...
- 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...
- 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...
- Alibaba chairman says China's antitrust rules 'necessary'The move to regulate monopolistic power of China's technology giants sparked a sell-off in Chinese internet stocks. Alibaba's stock price i...
- 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 Group plans dual IPOs in Shanghai, HKThe parent of China’s largest mobile payment company will pursue a simultaneous dual-listing in Hong Kong and on the Shanghai stock exchang...
- 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...
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